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Aboitiz Equity Ventures Inc (AEV.PS)

AEV.PS on Philippine Stock Exchange

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19 Sep 2017
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Summary

Name Age Since Current Position

Jon Ramon Aboitiz

68 2009 Chairman of the Board

Erramon Aboitiz

60 2009 President, Chief Executive Officer, Director

Manuel Lozano

46 2015 Chief Financial Officer, Senior Vice President, Corporate Information Officer

Sabin Aboitiz

52 2015 Chief Operating Officer, Executive Vice President

Xavier Jose Aboitiz

57 2004 Chief Human Resource Officer, Senior Vice President

Robert McGregor

57 2014 Senior Vice President, Chief Strategy and Investment Officer

M. Jasmine Oporto

57 2016 Senior Vice President, Chief Compliance Officer, Corporate Secretary

Gabriel Manalac

60 2009 Senior Vice President, Group Treasurer

Luis Miguel Aboitiz

52 2015 Senior Vice President

Juan Antonio Bernad

60 2007 Senior Vice President

Susan Valdez

56 2015 Senior Vice President, Chief Corporate Services Officer

Annacel Natividad

47 2016 Chief Risk Officer, First Vice President

Horacio Elicano

57 2009 First Vice President, Chief Technology Officer

Melinda Bathan

57 2012 First Vice President, Controller

Manuel Alberto Colayco

47 2016 First Vice President, Chief Legal Officer

Jojo Guingao

51 2016 First Vice President - Digital Management

David Jude Sta. Ana

50 2016 First Vice President - Government Relations

Mailene de la Torre

35 2016 Senior Associate General Counsel for Governance and Compliance, Assistant Corporate Secretary

Enrique Aboitiz

63 1994 Director

Antonio Moraza

60 2009 Director

Justo Ortiz

59 1994 Director

Stephen CuUnjieng

58 2010 Independent Director

Raphael Lotilla

58 2012 Independent Director

Jose Vitug

82 2005 Independent Director

Judd Salas

2016 Investor Relations Officer

Biographies

Name Description

Jon Ramon Aboitiz

Mr. Jon Ramon M. Aboitiz has been Chairman of the Board of Aboitiz Equity Ventures Inc. since January 5, 2009. He has been Chairman of the Board Corporate Governance Committee since February 11, 2009 and member of the Board Risk and Reputation Management Committee since May 17, 2010. Mr. Aboitiz was President/Chief Executive Officer of AEV since 1994 until his retirement in December 2008. He began his career with the Aboitiz Group in 1970. From manager of Aboitiz Shipping Corporation, Mr. Aboitiz was promoted to President in 1976. He headed the Aboitiz Group's power business in 1989 and was President of Aboitiz & Company, Inc. (ACO) from 1991 to 2008. He is currently Chairman of the Board of Directors of ACO. He holds the following positions in publicly listed companies: Vice Chairman of Aboitiz Power Corporation (AboitizPower) and Union Bank of the Philippines (UnionBank); and a director of Bloomberry Resorts Corporation (Bloomberry) and International Container Terminal Services, Inc. (ICTSI). He is the Chairman of UnionBank's Executive Committee, Risk Management Committee and the Vice Chairman of its Corporate Governance Committee, including the latter’s Compensation Remuneration and Nomination Sub-Committees. He is a trustee and the Vice President of Ramon Aboitiz Foundation, Inc. (RAFI); a trustee of the Philippine Business for Social Progress (PBSP) and the Association of Foundations; and a member of the Board of Advisors of The Coca- Cola Export Corporation (Philippines) and Pilipinas Kao, Inc. Mr. Aboitiz holds a Bachelor of Science degree in Commerce, Major in Management from the Santa Clara University, California, U.S.A.

Erramon Aboitiz

Mr. Erramon I. Aboitiz has been President, Chief Executive Officer and Director of Aboitiz Equity Ventures Inc. since January 5, 2009. He has been a Director of AEV since May 9, 1994 and has been a member of the Board Risk and Reputation Management Committee since May 18, 2015. Mr. Aboitiz was the Executive Vice President and Chief Operating Officer of AEV from 1994 to December 2008. He is a director and the Chief Executive Officer of AboitizPower, and a director of UnionBank, both publicly listed companies. He is also a director and the President and Chief Executive Officer of ACO; the Chairman of the Board of Directors of Aboitiz Infracapital, Inc. (Aboitiz InfraCapital), San Fernando Electric Light & Power Co. Inc. (SFELAPCO), Subic EnerZone Corporation (SEZ), SN Aboitiz Power-Magat, Inc. (SN Aboitiz Power-Magat), SN Aboitiz Power-Benguet, Inc. (SN Aboitiz Power-Benguet), Manila-Oslo Renewable Enterprise, Inc. (MORE), Aboitiz Renewables, Inc. (ARI), Therma Power, Inc. (TPI), Aboitiz Land, Inc. (Aboitiz Land), CRH Aboitiz Holdings, Inc. (CRH Aboitiz), Abovant Holdings, Inc., (Abovant), Balamban Enerzone Corporation (BEZ) and Lima Enerzone Corporation (LEZ) and Vice Chairman of Republic Cement and Building Materials, Inc. (RCBM). He is a director of Davao Light & Power Company, Inc. (Davao Light), Cotabato Light & Power Company (Cotabato Light), Therma South, Inc. (TSI), Apo Agua Infrastructura, Inc. (Apo Agua), AP Renewables, Inc. (APRI), Pilmico Foods Corporation (Pilmico), Pilmico Animal Nutrition Corporation (PANC), PETNET, INC. (PETNET), Archipelago Insurance Pte. Ltd. (Archipelago Insurance), AEV International Pte. Ltd. (AEV International), and AboitizPower International Pte. Ltd. (AboitizPower International). He is also the Chairman of the Board of Trustees of Aboitiz Foundation, Inc. (Aboitiz Foundation), and is a director of the Philippine Disaster Recovery Foundation. He holds a Bachelor of Science degree in Business Administration, Major in Accounting and Finance, from Gonzaga University, Spokane,

Manuel Lozano

Mr. Manuel Ramirez Lozano has been Chief Financial Officer, Senior Vice President and Corporate Information Officer of Aboitiz Equity Ventures Inc. since May 18, 2015. He is also an Ex-Officio Member of the Board Risk and Reputation Management Committee since May 18, 2015. Mr. Lozano was First Vice President/Chief Financial Officer/Corporate Information Officer of AboitizPower from 2014 to 2015. He was the Chief Financial Officer of the Power Generation Group of AboitizPower from 2009 up to 2013. Mr. Lozano is currently a trustee and Treasurerof Aboitiz Foundation; Treasurer of Metaphil International, Inc. (MII) and Aboitiz Construction, Inc. (ACI); a director and Treasurer/Chief Financial Officer of Aboitiz InfraCapital; a director and Vice President of AEV Aviation; a director of AEV CRH, Archipelago Insurance, AEV International, PANC, Pilmico and RCBM, and an Alternate Director of Pilmico International, Inc. (Pilmico International). Before he joined the Aboitiz Group, he was the Chief Financial Officer and a director of Paxys, Inc., a publicly listed company focused on the Business Process Outsourcing (BPO) industry and other IT-related sectors within the Asia Pacific region. He was also a director of Corporate Finance & Investment at NGL Pacific Ltd., a Regional Operating Headquarter related to the Usaha Tegas group of Malaysia. Mr. Lozano has a wide range of experience working in several financial institutions. He earned his Bachelor of Science in Business Administration degree from the University of the Philippines - Diliman and his Master’s Degree in Business Administration from The Wharton School of the University of Pennsylvania, U.S.A.

Sabin Aboitiz

Mr. Sabin M. Aboitiz has been Chief Operating Officer, Executive Vice President of Aboitiz Equity Ventures Inc. since December 18, 2015. He was First Vice President of AEV from May 2014 to May 2015 and Senior Vice President from May to December 2015. He is a Board Adviser of ACO and a trustee of Aboitiz Foundation. He is the Chairman of Weather Philippines Foundation, Inc. (WeatherPhilippines) and Filagri, Inc. (Filagri). He is also Chairman and President of AEV Aviation, Inc. (AEV Av); and a director and President/Chief Executive Officer of PANC and Pilmico. Mr. Aboitiz is also a director of UnionBank, a publicly listed company, RCBM, MORE, APRI, Apo Agua, CRH Aboitiz, and PETNET; a director and President of Aboitiz InfraCapital, Aseagas, and AEV CRH; and Vice Chairman of AboitizLand. He holds a degree in Business Administration - Finance from Gonzaga University, Spokane, U.S.A.

Xavier Jose Aboitiz

Mr. Xavier Jose M. Aboitiz has been Chief Human Resource Officer, Senior Vice President of Aboitiz Equity Ventures Inc. since May 17, 2004. He is an Ex-Officio Member of the Board Corporate Governance Committee since May 17, 2010. Mr. Aboitiz is also Senior Vice President and a member of the Board of Advisers of ACO; a director of Pilmico, Davao Light, Cotabato Light, Propriedad del Norte, Inc. (PDNI) and SEZ; a director, President and Chief Executive Officer of Cebu Praedia Development Corporation (CPDC), and a trustee of Aboitiz Foundation. He was a director of CitySavings from 2010 up to March 2013. Mr. Aboitiz has worked in various capacities in different companies of the Aboitiz Group since 1983. He took up Business Administration – Finance at Gonzaga University, Spokane, U.S.A.

Robert McGregor

Mr. Robert McGregor has been Senior Vice President, Chief Strategy and Investment Officer of Aboitiz Equity Ventures Inc. since November 27, 2014. He is concurrently Executive Director - Investments of AboitizPower, a publicly listed company, since September 24, 2015 and a director of PETNET. He joined AEV as Senior Vice President - Chief Strategy Officer in May 2014 before his appointment as CSIO in November 2014. Mr. McGregor brings with him a wealth of experience in management, investment banking and private equity investing with almost 37 years of experience in energy markets. He has extensive experience in corporate strategy, marketing and business planning in oil, gas and electricity industries in the United Kingdom. He moved to Hong Kong in 1997 and enjoyed an 11-year career in regional investment banking, before moving to Singapore to take up partnership in Actis, an emerging-market private equity company. In 2012, he returned to Hong Kong with Hongkong and Shanghai Banking Corporation Limited as an investment banker. Mr. McGregor completed his Honours Degree in Applied Chemistry from The University of Strathclyde, United Kingdom and obtained his Master’s Degree in Business Administration from the same university.

M. Jasmine Oporto

Atty. M. Jasmine S. Oporto has been Senior Vice President, Chief Compliance Officer, Corporate Secretary of Aboitiz Equity Ventures Inc. since July 11, 2016. She has acted as the Corporate Secretary of AEV since May 17, 2004 and of AboitizPower, a publicly listed company, since January 16, 2007. She is concurrently the Chief Compliance Officer of AEV and AboitizPower since her appointment in November 2005 and January 2007, respectively. She is also an Ex-Officio member of the Board Corporate Governance Committee since February 11, 2009. Ms. Oporto is the Vice President for Legal Affairs of Davao Light; Corporate Secretary of Hijos de F. Escaño, Inc. (Hijos) and Aboitiz InfraCapital; and Assistant Corporate Secretary of VECO. Prior to joining AEV, she worked in various capacities at the Hong Kong office of Kelley Drye & Warren, LLP, a New York-based law firm, and the Singapore-based consulting firm Albi Consulting Pte. Ltd. She graduated magna cum laude with a degree in Bachelor of Science in Landscape Architecture and obtained her Bachelor of Laws degree from the University of the Philippines - Diliman. She is a member of both the Philippine and New York State bars. Ms. Oporto is a teaching fellow of the Institute of Corporate Directors (ICD), after completing the Professional Director's Program conducted by ICD. She is a member of GRC Institute of Australia and is involved in governance and compliance work within the organization. She has completed the mandatory accreditation course of the Bangko Sentral ng Pilipinas on Corporate Governance and Risk Management for Board of Trustees/ Directors, and is an accredited provider of Harrison Assessment Talent Solutions. In addition, she has attended various seminars on corporate governance and compliance, including Compliance and Regulatory Management, Scenario Planning for Strategy, Management of Legal Risk and Services, and the Corporate Secretary Training of Trainers Program conducted by the International Finance Corporation and the ICD.

Gabriel Manalac

Mr. Gabriel T. Manalac has been Senior Vice President, Group Treasurer of Aboitiz Equity Ventures Inc. since January 5, 2009. He joined AEV as Vice President for Treasury Services in 1998 and was promoted to First Vice President for Treasury Services in 2004. He is Senior Vice President – Group Treasurer of AboitizPower, a publicly listed company, since May 17, 2010. He is also Vice President and Treasurer of Davao Light, and Treasurer of Cotabato Light. Mr. Mañalac graduated cum laude with a Bachelor of Science degree in Finance and a Bachelor of Arts in Economics degree from De La Salle University. He obtained his Master’s Degree in Business Administration in Banking and Finance from the Asian Institute of Management and was awarded the Institute’s Scholarship for Merit.

Luis Miguel Aboitiz

Mr. Luis Miguel O. Aboitiz has been Senior Vice President of Aboitiz Equity Ventures Inc. since May 18, 2015. He was First Vice President of AEV from 2004 to May 2015. He joined AEV in 1995 as Vice President. Since January 2016, he has been the Executive Vice President/Chief Operating Officer - Corporate Business Group of AboitizPower, a publicly listed company. He previously served as AboitizPower's Senior Vice President - Power Marketing and Trading from 2009 to 2015. Mr. Aboitiz is currently a director and First Vice President of ACO; a trustee of Aboitiz Foundation; a director of STEAG Power, ARI, TPI, Pilmico, PANC, MORE, TSI, TLI, TVI, APRI, PEC, CPDC, MORE, Aseagas, and Aboitiz InfraCapital. Mr. Aboitiz holds directorship and management positions in GNPower-Mariveles and GNPower-Dinginin and its holding companies. He is also a director of UnionBank, a publicly listed company. He graduated from Santa Clara University, California, U.S.A. with a Bachelor of Science degree in Computer Science and Engineering and took his Masters degree in Business Administration at the University of California in Berkeley, U.S.A.

Juan Antonio Bernad

Mr. Juan Antonio E. Bernad has been Senior Vice President of Aboitiz Equity Ventures Inc. since April 6, 1995. He was AEV’s Senior Vice President - Electricity Regulatory Affairs from 2004 to 2007 and Senior Vice President - Chief Financial Officer from 1995 to 2004. He is Executive Vice President for Strategy and Regulation of AboitizPower, a publicly listed company, since 2009, and has served AboitizPower in several capacities, as a director from 1998 to May 18, 2009, as Executive Vice President/Chief Financial Officer/Treasurer from 1998 to 2003, and as Executive Vice President for Regulatory Affairs/Chief Financial Officer from 2004 to 2007. Mr. Bernad is also a director and Executive Vice President - Regulatory Affairs of Davao Light; a director and Senior Vice President of Visayan Electric Company, Inc. (VECO); and a director of Cotabato Light, AEV Av, SFELAPCO and UnionBank, a publicly listed company. He has an Economics degree from the Ateneo de Manila University and a Master’s Degree in Business Administration from The Wharton School of the University of Pennsylvania in Pennsylvania, U.S.A.

Susan Valdez

Ms. Susan V. Valdez has been Senior Vice President, Chief Corporate Services Officer of Aboitiz Equity Ventures Inc. since December 18, 2015. She was AEV’s Senior Vice President – Chief Reputation and Risk Management Officer from 2013 to 2015. She is an Ex-Officio member of the Board Risk and Reputation Management Committee since May 21, 2012. Ms. Valdez was First Vice President – Chief Reputation Officer of AEV in September 2011. She is the Senior Vice President/Chief Reputation and Risk Management Officer of AboitizPower, a publicly listed company, since December 14, 2011, and was appointed as Senior Vice President on May 18, 2015. Ms. Valdez is also a trustee, President and Member of the Executive Committee of Aboitiz Foundation; a trustee and President of WeatherPhilippines; and a director of Archipelago Insurance. Before joining AEV, she was the Executive Vice President and Chief Executive Officer of the 2GO Freight Division of Aboitiz Transport System Corporation (ATSC) (now 2GO Group, Inc., a publicly listed company) for eight years. She was also President and Chief Executive Officer of Aboitiz One, Inc. (now ATS Express, Inc.) and Aboitiz One Distribution, Inc. (now ATS Distribution, Inc.) for two years. Prior to heading the freight and supply chain business of ATSC, she was its Chief Finance Officer and Chief Information Officer for eight years. Ms. Valdez is a Certified Public Accountant, and graduated cum laude from St. Theresa’s College with a degree of Bachelor of Science in Commerce, Major in Accounting. She earned her Master’s degree in Business Management from the University of the Philippines, and completed a program on Management Development at Harvard Business School.

Annacel Natividad

Ms. Annacel A. Natividad has been Chief Risk Officer and First Vice President of Aboitiz Equity Ventures Inc. since July 1, 2016. She was Vice President - Financial Risk Management of AEV since July 2013. Before joining AEV, Ms. Natividad was with ATSC (now 2GO Group, Inc., a publicly listed company) where she was Vice President - Chief Finance Officer and Risk Management Head since June 2007. She was concurrently the Chief Finance Officer of Scanasia Overseas, Inc., Kerry-ATS Logistics, Inc., Hapag- Lloyd Philippines, Inc., Aboitiz Project TS Corporation and Sea Merchants, Inc. Ms. Natividad holds a Bachelor of Science in Commerce degree from the University of Santo Tomas and earned her Master’s degree in Business Administration from De La Salle University. Ms. Natividad has also completed the Management Acceleration Program from Institut Europeen d'Administration des Affaires (INSEAD).

Horacio Elicano

Mr. Horacio C. Elicano has been First Vice President, Chief Technology Officer of Aboitiz Equity Ventures Inc. since January 5, 2009. Before he joined AEV, he was Managing Director of Catapult Communications. He was also Chief Technology Officer of Paysetter International, Inc. from 2001 to 2007 and of Chikka Asia, Inc. from 2001 to 2005. Prior to that, he logged 20 years in the banking industry with Citibank and UnionBank. He is a Bachelor of Science in Electrical Engineering graduate of the University of the Philippines.

Melinda Bathan

Ms. Melinda Rivera Bathan has been First Vice President, Controller of Aboitiz Equity Ventures Inc. since May 21, 2012. She was previously AEV’s Vice President - Controller from 2004 until 2012. She is Director and Treasurer of CPDC. Ms. Bathan graduated summa cum laude from St. Theresa’s College with a Bachelor of Science degree in Commerce, major in Accounting, and is a Certified Public Accountant. She completed her Masters in Management, with honors, at the University of the Philippines.

Manuel Alberto Colayco

Mr. Manuel Alberto R. Colayco has been First Vice President, Chief Legal Officer at Aboitiz Equity Ventures Inc. since July 11, 2016. Mr. Colayco has practice in the areas of corporate law, mergers and acquisitions, joint ventures, securities regulation, corporate and financial restructuring, and litigation. Prior to joining AEV, he acted as independent legal consultant providing professional advice, representation, and transactional assistance to private companies and individuals. His previous work experience includes: General Counsel for AGP International Holdings Ltd. and Atlantic, Gulf & Pacific Company of Manila, Inc. from August 2013 to December 2014; Executive Director and Assistant General Counsel of J.P. Morgan Chase Bank N.A. from July 2010 to August 2013; and Vice President and Legal Counsel of DKR Oasis (Hong Kong) LLC, a private investment management firm, from August 2007 until March 2010. He was an Associate at Skadden, Arps, Slate, Meagher & Flom, LLP from 2000 to 2007 and at Romulo Mabanta Buenaventura Sayoc & De Los Angeles from 1996 to 2000. Mr. Colayco earned his undergraduate and his Juris Doctor degrees from the Ateneo de Manila University. Mr. Colayco also has a Master of Laws degree from the New York University School of Law, U.S.A.

Jojo Guingao

Mr. Jojo S. Guingao has been First Vice President - Digital Management at Aboitiz Equity Ventures Inc. since July 18, 2016. He has over twenty years of experience in areas involving building innovative and profitable IT service teams for various software companies. Mr. Guingao has experience in software development, IT consulting and strategy, enterprise implementation, project management and global service delivery. Before joining AEV, Mr. Guingao was Vice President of Customer Success at Navagis, Inc. He also held senior management positions in various global software companies, including Critigen, Environmental Systems Research Institute and Autodesk, Inc. Mr. Guingao graduated from Mapua Institute of Technology with a Bachelor’s Degree in Electronics and Communications Engineering. He completed his Master’s Degree in Business Administration from the California State University - East Bay.

David Jude Sta. Ana

Mr. David Jude L. Sta. Ana has been First Vice President - Government Relations at Aboitiz Equity Ventures Inc. since September 1, 2016. Mr. Sta. Ana has experience in broadcast, digital and print media, with focus on major news coverage, crisis management, planning and operations. Prior to joining AEV, he was the Head for News Operations of TV5 Network Inc., where he handled the day to day operations of the Philippines’ third largest television network, including news gathering and content generation for its television, radio and digital platforms. Mr. Sta. Ana also served as news director handling the control, operational and administrative responsibilities for news gathering for two of the country’s major broadcast organizations, namely ABS-CBN Broadcasting Corporation and GMA Network, Inc., a publicly listed company. Mr. Sta Ana earned his Bachelor’s Degree in Journalism from the University of the Philippines – Diliman. He also completed the Newsroom Operation and Newsroom Management Training conducted by the U.S. Radio and Television News Directors Association in Los Angeles, California, U.S.A.

Mailene de la Torre

Ms. Mailene M. de la Torre has been Senior Associate General Counsel for Governance and Compliance, Assistant Corporate Secretary at Aboitiz Equity Ventures Inc. since November 24, 2016. Ms. de la Torre is also Senior Associate General Counsel for Governance & Compliance since November 2016, and previously, an Associate General Counsel for Legal and Corporate Services from May 2010 to October 2014. She is also the Assistant Corporate Secretary of AboitizPower, a publicly listed company. Ms. de la Torre is also the Corporate Secretary of various AEV subsidiaries: APRI, EAUC, BEZ, LEZ, MEZ, SEZ, PEC, PETNET, TMI, TMO, TSI, TLI, TPI and TVI; as well as the Assistant Corporate Secretary of Aboitiz InfraCapital, AboitizLand, Cotabato Light, Davao Light, MORE, SN Aboitiz Power-Benguet, SN Aboitiz Power-Magat, and VECO. Ms. de la Torre has practice in the areas of compliance and corporate governance, securities and corporation law, acquisitions, joint ventures, and litigation. Prior to joining the Aboitiz Group, she was an Associate at the Esguerra & Blanco Law Office from 2007 to 2010. She earned her Bachelor’s Degree in Political Science, cum laude, and her Bachelor of Laws from the University of the Philippines – Diliman. She is a graduate member of ICD after completing its Professional Director’s Program.

Enrique Aboitiz

Mr. Enrique M. Aboitiz, Jr., has been Director of Aboitiz Equity Ventures Inc. since May 9, 1994. He has been Chairman of the Board Risk and Reputation Management Committee since February 11, 2009. He is also the Chairman of the Board of Directors of AboitizPower, a publicly listed company, and a director of ACO. Mr. Aboitiz graduated with a Bachelor of Science degree in Business Administration, Major in Economics, from Gonzaga University, Spokane, Washington, U.S.A.

Antonio Moraza

Mr. Antonio R. Moraza has been Director of Aboitiz Equity Ventures Inc. since May 18, 2009. He is currently a director and the President and Chief Operating Officer of AboitizPower, a publicly listed company. He is also the Chairman of the Board of Directors of Pilmico, PANC, Therma Visayas, Inc. (TVI), Therma Luzon, Inc. (TLI), Luzon Hydro Corporation (LHC), Hedcor, Inc. (Hedcor), Hedcor Tudaya, Inc. (Hedcor Tudaya), Hedcor Sibulan, Inc. (Hedcor Sibulan), Hedcor Sabangan, Inc. (Hedcor Sabangan), Hedcor Bukidnon, Inc. (Hedcor Bukidnon), Cebu Private Power Corporation (CPPC), APRI, Cotabato Light, Davao Light, Pagbilao Energy Corporation (PEC), Aseagas Corporation (Aseagas) and Aboitiz Power Distributed Energy, Inc. (APX). He is the Vice Chairman of Cebu Energy Development Corporation (Cebu Energy); a director and the Senior Vice President of ACO; the President and Chief Executive Officer of Abovant and ARI; and a director of SN Aboitiz Power-Benguet, SN Aboitiz Power-Magat, Southern Philippines Power Corporation (SPPC), STEAG State Power, Inc. (STEAG Power), Western Mindanao Power Corporation (WMPC), Redondo Peninsula Energy, Inc. (RP Energy), Therma Marine, Inc. (TMI), Therma Mobile, Inc. (TMO) and Aboitiz InfraCapital. Mr. Moraza holds directorship and management positions in GNPower-Mariveles Coal Plant Ltd. Co. and GNPower Dinginin Ltd. Co., and their holding companies. He is also a director and the President of TPI; and a trustee of Aboitiz Foundation. He holds a Bachelor’s Degree in Business Management from the Ateneo de Manila University.

Justo Ortiz

Mr. Justo A. Ortiz has been Director of Aboitiz Equity Ventures Inc. since 1994. He has been a member of the Board Audit Committee since 2006 and the Board Risk and Reputation Management Committee since February 11, 2009. He is also the Chairman and Chief Executive Officer of UnionBank, a publicly listed company. Mr. Ortiz is a director of the Bankers Association of the Philippines; and a member of Philippine Trade Foundation, Inc. and World Presidents Organization. Prior to his stint in UnionBank, he was the Managing Partner for Global Finance and the Country Executive for Investment Banking at Citibank N.A. He graduated magna cum laude with a Bachelor’s Degree in Economics from the Ateneo de Manila University.

Stephen CuUnjieng

Mr. Stephen T. CuUnjieng has been Independent Director of Aboitiz Equity Ventures Inc. since May 17, 2010. He has been a member of the Board Audit Committee of AEV since May 16, 2011, the Board Corporate Governance Committee since May 21, 2012, and the Board Risk and Reputation Management Committee since May 17, 2010. He has a long and extensive experience in investment banking with a number of major international investment banks. He has led several high profile transactions in the Philippines and Asia and won 12 Deals of the Year awards since 2005. He is currently Chairman for Asia of Evercore, an investment bank listed with the New York Stock Exchange (NYSE). He holds the following positions in publicly listed companies: Adviser to the Board of SM Investments Corporation; and Independent Director of Century Properties Group. Mr. CuUnjieng is on the Executive Board for Asia of the Wharton School of Business of the University of Pennsylvania in Philadelphia, PA, USA. He held positions as Vice Chairman, Managing Director and Director of Macquarie, a company listed with the Australian Securities Exchange, Merrill Lynch, a company listed with the New York Stock Exchange (NYSE), and Salomon Brothers, among others. He graduated from the Ateneo de Manila University with a Degree in Bachelor of Arts and also has a Bachelor’s Degree in Law (with honors) from the Ateneo Law School. He has a Master’s Degree in Business Administration from the Wharton School of the University of Pennsylvania, U.S.A.

Raphael Lotilla

Mr. Raphael Perpetuo M. Lotilla has been Independent Director of Aboitiz Equity Ventures Inc. since May 21, 2012. He has been a member of the Board Audit Committee and Board Corporate Governance Committee since May 21, 2012, and the Board Risk and Reputation Management Committee since May 18, 2015. He is an Independent Director of Trans Asia Petroleum Corporation and First Metro Investment, Inc., both publicly listed companies. He is an Independent Director of Petron Foundation, Inc., and the Chairman of the Board of Trustees of the Center for the Advancement of Trade Integration and Facilitation and Asia-Pacific Pathways to Progress Foundation, Inc. Mr. Lotilla has previously served the Philippine government in various capacities – Secretary of Energy; President and Chief Executive Officer of Power Sector Assets and Liabilities Management Corporation (PSALM); Deputy Director- General of the National Economic and Development Authority; Ex-Officio Chairman of the Philippines National Oil Company; Vice Chairman of the Boards of the National Power Corporation and the National Transmission Corporation, among others. Mr. Lotilla earned his Bachelor of Science in Psychology and Bachelor of Arts in History degrees from the University of the Philippines, and finished his Bachelor of Laws degree from the same university where he became a Professor of Law. He holds a Master of Laws degree from the University of Michigan Law School, U.S.A. He currently serves as a member of the Board of Trustees of the Philippine Institute for Development Studies.

Jose Vitug

Justice (Retd.) Jose C. Vitug has been Independent Director of Aboitiz Equity Ventures Inc. since May 16, 2005. He has been Chairman of the Board Audit Committee of AEV since May 18, 2009, member of the Board Corporate Governance Committee since February 11, 2009 and a member of the Board Risk and Reputation Management Committee since May 18, 2015. He is an Independent Director of ABS-CBN Holdings Corporation, a publicly listed company. He is also a Board Member and Law Dean of the Angeles University Foundation, Chairman of the Board of Trustees of Angeles University Foundation Medical Center and a Graduate Professor of the College of Law of San Beda College. Justice Vitug was formerly an Associate Justice of the SC, Chairman of the House of Representatives Electoral Tribunal, and Senior Member of the Senate Electoral Tribunal. He was also the Chairman of the Philippines Stock Exchange, Inc. Justice Vitug is a Professorial Lecturer of the Philippine Judicial Academy. He graduated cum laude from the Manuel L. Quezon University (MLQU) with a Bachelor’s Degree in Law. He holds a Master of Laws degree from the MLQU and a Master’s Degree in National Security Administration from the National Defense College of the Philippines. He was a Fellow of the Commonwealth Judicial Institute of Canada. He also holds an Honorary Doctorate Degree of Law from the Angeles University Foundation.

Judd Salas