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Aboitiz Equity Ventures Inc (AEV.PS)

AEV.PS on Philippine Stock Exchange

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1 Dec 2016
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Summary

Name Age Since Current Position

Jon Ramon Aboitiz

67 2009 Chairman of the Board

Erramon Aboitiz

59 2009 President, Chief Executive Officer, Director

Manuel Lozano

45 2015 Chief Financial Officer, Senior Vice President, Corporate Information Officer

Sabin Aboitiz

51 2015 Chief Operating Officer, Executive Vice President

Xavier Jose Aboitiz

56 2004 Chief Human Resource Officer, Senior Vice President

Robert McGregor

56 2014 Senior Vice President, Chief Strategy and Investment Officer

Gabriel Manalac

59 2009 Senior Vice President, Group Treasurer

M. Jasmine Oporto

56 2014 Senior Vice President, Chief Legal Officer, Corporate Secretary, Compliance Officer

Luis Miguel Aboitiz

51 2015 Senior Vice President

Juan Antonio Bernad

59 2007 Senior Vice President

Susan Valdez

55 2015 Senior Vice President, Chief Corporate Services Officer

Annacel Natividad

45 2016 Chief Risk Officer, First Vice President

William Paradies

Vice President - Finance

Horacio Elicano

56 2009 First Vice President, Chief Technology Officer

Melinda Bathan

56 2012 First Vice President, Controller

Narcisa Lim

52 2012 First Vice President - Human Resources and Quality

Catherine Atay

37 2012 Assistant Vice President – Corporate Secretarial and Compliance Services for Legal and Corporate Services, Assistant Corporate Secretary

Marilou Plando

39 2011 Assistant Vice President - Business Administrator for Legal and Corporate Services

Susan Policarpio

59 2012 Vice President – Government Relations

Ronaldo Ramos

36 2009 Assistant Vice President - Business Risk Management

David Jude Sta. Ana

2016 First Vice President - Government Relations

Maria Lourdes Tanate

49 2011 Assistant Vice President - Group Internal Audit

Roman Anthony Azanza

47 2011 First Vice President - Business Development

Jerome Cachau

Vice President - Business Development

Martina Dampf

Vice President - Business Development

Ellen Nikoline Felding

41 2014 Assistant Director - Business Development

Enrique Aboitiz

62 1994 Director

Roberto Aboitiz

66 2009 Director

Antonio Moraza

59 2009 Director

Justo Ortiz

58 1994 Director

Stephen CuUnjieng

56 2010 Independent Director

Raphael Lotilla

57 2012 Independent Director

Jose Vitug

81 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 a 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 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 AboitizPower; Director of Bloomberry Resorts Corporation and International Container Terminal Services, Inc. (ICTSI); and Vice Chairman of the Board of Directors of UnionBank. He is Chairman of UnionBank’s Executive Committee, Risk Management Committee and Vice Chairman of the Corporate Governance Committee, including the latter’s Compensation Remuneration and Nomination Sub-Committees. He is Trustee and Vice President of Ramon Aboitiz Foundation, Inc. (RAFI); and Trustee of the Philippine Business for Social Progress (PBSP) and the Association of Foundations; and 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 holds the following positions in publicly listed companies: Director and Chief Executive Officer of AboitizPower; Director of UnionBank and Vice Chairman of RCBM. He is also President and Chief Executive Officer of ACO; Chairman of the Board of Directors of SFELAPCO, SEZ, SN Aboitiz Power-Magat, SN Aboitiz Power–Benguet, MORE, ARI, TPI, AboitizLand, CRH Aboitiz, Abovant, AseaGas, BEZ and Lima Enerzone. He is Director of Davao Light, Cotabato Light, TSI, Pilmico, RP Energy, PETNET, AEV CRH, Archipelago Insurance and AEV International. Mr. Aboitiz is also Chairman of the Board of Trustees of 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, Washington, U.S.A.

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. He is also Director of RCBM, a publicly listed company. Mr. Lozano is currently Trustee and Treasurer of Aboitiz Foundation and Director AEV CRH, Archipelago Insurance and AEV International. Before he joined the Aboitiz Group, he was the Chief Financial Officer and Director of Paxys, Inc., a PSE-listed company focused on the BPO industry and other IT-related sectors within the Asia Pacific region. He 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 Masters 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 likewise Chairman and President of AEV Av; and Director and President/Chief Executive Officer of PANC and Pilmico. Mr. Aboitiz is also Director of the following publicly listed companies: UnionBank and RCBM. He is also Director of AESI, AdventEnergy, MORE, APRI, Apo Agua, CRH Aboitiz, and PETNET; Director and President of 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; Director of Pilmico, Davao Light, Cotabato Light, Propriedad Del Norte, Inc. (PDNI) and SEZ; Director/President and Chief Executive Officer of Cebu Praedia Development Corporation (CPDC), and 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 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 36 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 Masters Degree in Business Administration from the same university.

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. Manalac 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 Masters of Business Administration in Banking and Finance degree from the Asian Institute of Management and was awarded the Institute’s Scholarship for Merit.

M. Jasmine Oporto

Atty. M. Jasmine S. Oporto has been Senior Vice President, Chief Legal Officer, Corporate Secretary and Compliance Officer of Aboitiz Equity Ventures Inc. since May 19, 2014. 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 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 also Vice President for Legal Affairs of Davao Light; Corporate Secretary of Hijos de F. Escaño, Inc. (Hijos) 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 obtained her Bachelor of Laws degree from the University of the Philippines and is a member of both the Philippine and New York State bars. She is a fellow of the Institute of Corporate Directors (ICD), after completing the Professional Director’s Program conducted by ICD. She has completed the mandatory accreditation course of the Bangko Sentral ng Pilipinas on Corporate Governance and Risk Management for Board of Trustees/Directors. Ms. Oporto 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. She was awarded Corporate Secretary of the Year in 2014 and 2015 by Corporate Governance Asia, Hong Kong.

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 Director and First Vice President of ACO; Trustee of Aboitiz Foundation; Director and President/ Chief Executive Officer of AESI and AdventEnergy; Director of STEAG Power, ARI, TPI, Pilmico, PANC, MORE, TMO, TSI, TLI, TVI, APRI, PEC, CPDC, MORE and AseaGas. 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 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 Executive Vice President - Regulatory Affairs of Davao Light; Director and Senior Vice President of VECO; and Director of Cotabato Light, AEV Av, SFELAPCO and UnionBank, a publicly listed company. He has an Economics degree from Ateneo de Manila University and a Masters degree in Business Administration from The Wharton School of the University of 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 Chief Reputation and Risk Management Officer of AboitizPower, a publicly listed company, since December 14, 2012, and was appointed as Senior Vice President on May 18, 2015. Ms. Valdez is also Trustee, President and Member of the Executive Committee of Aboitiz Foundation; Trustee and President of WeatherPhilippines; and 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 (ATSC) Corporation (now 2GO Group, Inc.) 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. She 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 Masters 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 served as Assistant Vice President - Financial Risk Management from September 1, 2011 to July 1, 2013, then Vice President - Financial Risk Management before the current position. Prior to joining AEV, Ms. Natividad was connected with Aboitiz Transport System (ATSC) Corporation (ATS) where she was Vice President - Chief Finance Officer and Risk Management Head since June 2007. Concurrently, she also served as the Chief Finance Officer of Scanasia Overseas, Inc., Kerry Aboitiz Logistics, Inc., Hapag-Lloyd Philippines, Inc., Aboitiz Project TS Corporation and Sea Merchants, Inc. Ms. Natividad has a degree in Bachelor of Science in Commerce from the University of Santo Tomas and earned her Masters in Business Administration from the De La Salle University.

William Paradies

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.

Narcisa Lim

Ms. Narcisa S. Lim has been First Vice President - Human Resources and Quality of Aboitiz Equity Ventures Inc. since May 21, 2012. She was Vice President for Human Resources and Quality of AEV from 2008 to 2012. She holds a degree in International Studies from Miriam College.

Catherine Atay

Atty. Catherine R. Atay has been Assistant Vice President – Corporate Secretarial and Compliance Services for Legal and Corporate Services, Assistant Corporate Secretary of Aboitiz Equity Ventures Inc. since May 21, 2012. She is concurrently the Assistant Corporate Secretary of AEV. She is also Corporate Secretary of AEV CRH, ARI, Abovant, CPPC, Cotabato Light, Davao Light, Lima Land, Lima Water, MORE, PETNET, Pilmico, PANC, SN Aboitiz Power – Benguet, SN Aboitiz Power – Magat, TPI, Tsuneishi Foundation (Cebu), Inc., THI, CPPC, LHC, WCFI, ACGI, CRH Aboitiz, BEZ, MEZ, EAUC, FBMA Marine, Inc., Hedcor, Hedcor Bukidnon, Hedcor Sabangan, Hedcor Sibulan, Hedcor Tudaya, Hedcor Tamugan, PDNI, SEZ, TMI, TMO, TLI, and HEDC. She earned her Bachelor of Science in Accountancy degree (cum laude) and Bachelor of Laws degree from the University of San Carlos. Ms. Atay is a member of the Integrated Bar of the Philippines and is a Certified Public Accountant. She took the Professional Directors course of the Institute of Corporate Directors.

Marilou Plando

Ms. Marilou P. Plando has been Assistant Vice President - Business Administrator for Legal and Corporate Services of Aboitiz Equity Ventures Inc. since April 25, 2011. She was Operations Director in Sykes Asia, Inc. She has experience in operations and quality assurance management from working in various capacities with Sykes and Lear Automotive Services (Netherlands) B.V. - Phils. Branch. She is a graduate of Bachelor of Science in Industrial Engineering from University of San Jose - Recoletos.

Susan Policarpio

Ms. Susan Santillan Policarpio has been Vice President – Government Relations of Aboitiz Equity Ventures Inc. since May 21, 2012. She joined AEV in 2011 as Assistant Vice President for Government Relations. She is also Vice President for Government Relations of AboitizPower since May 2012. She was AboitizPower’s Assistant Vice President for Government Relations from 2009 to 2012. Prior to her stint in AEV, she was Assistant Vice President for Government Relations of ATSC (now 2GO Group, Inc.). She was also Executive Director of the Domestic Shipping Association from 2001 to 2003. From 1998 to 2001, she was an Executive Director of the Honorary Investments and Trade Representatives of the Department of Trade and Industry. She is a member of the Philippine Chamber of Commerce and Industry and is a Bachelor of Arts in Communication graduate of St. Paul's College.

Ronaldo Ramos

Mr. Ronaldo S. Ramos has been Assistant Vice President - Business Risk Management of Aboitiz Equity Ventures Inc. since 2009. He has experience in risk management, internal and IT audits and business process reviews. Prior to joining AEV, he was Senior Manager for Risk Advisory Services of KPMG Philippines. He was an auditor of Petron Corporation handling Supply and Distribution Operations from 2002 to 2006, and Audit and Business Advisory Services associate of SGV & Co. from 1999 to 2002 handling audits of manufacturing and airline companies. He is a graduate of Bachelor of Science in Accountancy from De La Salle University and is a Certified Public Accountant, Certified Internal Auditor and a Certified Information Systems Auditor. He recently received an International Certificate in Risk Management from the Institute of Risk Management.

David Jude Sta. Ana

Maria Lourdes Tanate

Ms. Maria Lourdes Y. Tanate has been Assistant Vice President - Group Internal Audit of Aboitiz Equity Ventures Inc. since November 2011. Prior to joining AEV, Ms. Tanate was the Chief Audit Executive of ATS Consolidated (ATSC), Inc. (formerly Aboitiz Transport System (ATSC) Corporation). She also served as Assistant Vice President for Finance and Senior Manager of ATS. She has experience in internal audit, financial and investment analysis and corporate finance, with focus on budgeting, financial planning and control. She graduated cum laude with a degree of Bachelor of Arts in Economics from the University of the Philippines, Diliman and subsequently obtained her Masters in Business Administration from the same school. She earned her Masters in Engineering and Technology Management from the University of Queensland, Australia.

Roman Anthony Azanza

Mr. Roman Anthony V. Azanza, III, has been First Vice President - Business Development of Aboitiz Equity Ventures Inc. since October 3, 2011. He is a Director of RCBM, a publicly listed company. He is also Director and Treasurer of AEV CRH and CRH Aboitiz; and Director of Apo Agua. Mr. Azanza currently leads AEV’s thrust into both the Public Private Partnership and privately initiated infrastructure spaces. Before he joined AEV, he was the Regional Treasurer for Asia of CEMEX Asia Pte. Ltd. and served as Director for Strategic Planning at CEMEX Malaysia. He was previously with ING Barings where he was involved in both project finance and debt execution, and at Citibank, N.A. as a member of the North Asian Regional Audit team. He has extensive experience in banking, strategic planning and corporate treasury. He holds an A.B. in Economics degree from Colby College, and earned his MBA at the Darden School of Business, University of Virginia, U.S.A. He also completed the CEMEX International Management Program in 2003.

Jerome Cachau

Martina Dampf

Ellen Nikoline Felding

Ms. Ellen Nikoline B. Felding has been Assistant Director - Business Development of Aboitiz Equity Ventures Inc. since March 11, 2014. Ms. Felding has a background in finance, internal accounting and marketing. For the period of 2004 to 2012 and prior to joining AEV, Ms. Felding was an Investment Manager at Polaris Private Equity, where she actively participated in transactions involving acquisitions, divestments and mergers of a diverse group of companies in Northern Europe. Ms. Felding obtained her Bachelor of Science in Economics and Management and her Masteral in Management from Aarhus Universitet (Denmark).

Enrique Aboitiz

Mr. Enrique M. Aboitiz, Jr., has been Director of Aboitiz Equity Ventures Inc. since May 9, 1994. He has been a member of the Board Risk and Reputation Management Committee since February 11, 2009 and is now its Chairman. 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 degree in Bachelor of Science in Business Administration, major in Economics, from Gonzaga University, Spokane, Washington, U.S.A.

Roberto Aboitiz

Mr. Roberto E. Aboitiz has been reappointed Director of Aboitiz Equity Ventures Inc. since January 5, 2009. He has served as Director of AEV since May 9, 1994 and has been a member of AEV’s Board Audit Committee since 2006 and Board Corporate Governance Committee since May 17, 2010. He served as Chairman of AEV from 2005 until December 2008. He is Vice Chairman of ACO; Director of THI, Chairman and President of RAFI and West Cebu Foundation, Inc (WCFI). He is Chairman of Sacred Heart School - Ateneo de Cebu and Co-Chairman of the Metro Cebu Development and Coordinating Board. He was Director of CitySavings from 1992 up to March 2013. He graduated from Ateneo de Manila University with a Bachelor of Arts degree in Behavioral Science. Mr. Aboitiz was conferred Doctor of Humanities (Honoris Causa) and Doctor of Science in Business Management (Honoris Causa) by the University of San Jose - Recoletos. He is a recipient of the Perlas Award for Valuable Leader in Youth and Community Development. In 2009, he was conferred the Royal Decoration of the Knighthood in the Order of Nassau by Her Majesty Queen Beatrix of the Netherlands, in recognition of his remarkable achievements and activities for the good of society.

Antonio Moraza

Mr. Antonio R. Moraza has been Director of Aboitiz Equity Ventures Inc. since May 18, 2009. He is currently Director and President and Chief Operating Officer of AboitizPower, a publicly listed company. He is also Chairman of the Board of Directors of Pilmico, PANC, TVI, TMO, TSI, TMI, TLI, LHC, Hedcor, Hedcor Tudaya, Hedcor Sibulan, Hedcor Sabangan, Hedcor Bukidnon, CPPC, APRI, Cotabato Light, Davao Light PEC. Mr. Moraza is Vice Chairman of Cebu Energy; Director and Senior Vice President of ACO; President and Chief Executive Officer of Abovant and ARI; and Director of SN Aboitiz Power-Benguet, SN Aboitiz Power- Magat, SPPC, STEAG Power, WMPC and RP Energy. He is also Director and President of TPI and MORE; and Trustee of AFI. He holds a degree in Business Management from 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 Chairman and Chief Executive Officer of UnionBank, a publicly listed company, Director of Bankers Association of the Philippines, Member of Philippine Trade Foundation, Inc. and World Presidents Organization. Prior to his stint in UnionBank, he was Managing Partner for Global Finance and Country Executive for Investment Banking at Citibank N.A. He graduated magna cum laude with a degree in Economics from Ateneo de Manila University.

Stephen CuUnjieng

Mr. Stephen T. CuUnjieng has been Independent Director of Aboitiz Equity Ventures Inc. since May 17, 2010. He is a member of the Board Audit Committee of AEV since May 16, 2011, Board Corporate Governance Committee since May 21, 2012 and 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 has won eleven 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. He holds the following positions in publicly listed companies: Adviser to the Board of SM Investments Corporation; and Independent Director of Century Properties Group. He is on the Executive Board for Asia of the Wharton School of Business of the University of Pennsylvania in Philadelphia, PA, USA. He previously held positions as Vice Chairman, Managing Director and Director with Macquarie, a company listed with the Australian Securities Exchange, Merrill Lynch, a company listed with the New York Stock Exchange, and Salomon Brothers, among others. He graduated from Ateneo de Manila University with a Degree in Bachelor of Arts and also has a Bachelors Degree in Law (with honors) from Ateneo Law School. He has an MBA 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, a publicly listed corporation, First Metro Investment, Inc., and 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 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 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 is a 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. Justice Vitug is an Independent Director of ABS-CBN Holdings Corporation, a publicly listed company, and P.A. Alvarez Properties and Development Corporation; Board Member and Law Dean of the Angeles University Foundation, Chairman of the Board of Trustees of Angeles University Foundation Medical Center, Graduate Professor of the College of Law of San Beda College. Justice Vitug was formerly an Associate Justice of the Supreme Court, 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 and a Consultant of the Committee on Revision of the Rules of the Supreme Court of the Philippines.

Judd Salas