He will be responsible for the editorial direction, as well as all aspects of the channel's news programming and operations.
Celdran was last seen as anchor of 'Daybreak.'
Irlanda rejoins the ABS-CBN News Channel after a stint at Solar News.
Pangilinan and other top TV5 bosses are finalizing a deal with the Bloomberg group to form a localized business news channel.
Francisco will stay with the Kapatid Network in his current anchor capacity and will continue to report nightly on 'Aksyon Tonite.'