In June, IAG broke the news that long-time Travellers CEO Kingson Sian, COO Hakan Dagtas and CFO Bernard Than had all suddenly departed the company on the same day, replaced by a new executive team led by Nilo Rodriguez as CEO. Rumors continue to swirl about the reasons behind the dramatic change, although Travellers says this had been planned ever since it bought out former joint venture partner Genting Hong Kong to assume full ownership of the Manila property.