Fernando Zobel de Ayala

Chairman

Jaime Augusto Zobel de Ayala

Vice-Chairman

John Eric Francia

Director

Jose Rene Gregory Almendras

Director

John Philip Orbeta

Director

Cezar Consing

Director

Nicole Goh Phaik Khim

Director

Sherisa Nuesa

Independent Director

Melinda Ocampo

Independent Director

Ma. Aurora Geotina- Garcia

Independent Director

Consuelo Garcia

Independent Director

Fernando Zobel de Ayala

Chairman

Mr. Zobel de Ayala is a Director of Ayala Corporation since May 1994. He is the Vice Chairman of the Board and President of the Company since April 2006. He was elected as the Chief Executive Officer of the Company on April 23, 2021. He holds the following positions in publicly listed companies: Chairman of Ayala Land, Inc. and AC Energy Corporation (formerly AC Energy Philippines, Inc.); and Director of Manila Water Company, Inc., Bank of the Philippine Islands, Globe Telecom, Inc. and Integrated Micro- Electronics, Inc.; and Independent Director of Pilipinas Shell Petroleum Corporation. He is the Chairman of AC International Finance Ltd., ALI Eton Property Development Corporation, Liontide Holdings, Inc., AC Energy and Infrastructure Corporation (formerly AC Energy, Inc.), Ayala Healthcare Holdings, Inc., Alabang Commercial Corporation, Accendo Commercial Corp., Altaraza Development Corporation, BPI Foundation, Ayala Group Club, Inc. and Hero Foundation, Inc.; Co-Chairman of Ayala Foundation, Inc.; Vice-Chairman of AC Industrial Technology Holdings, Inc., Ceci Realty Inc., Fort Bonifacio Development Corporation, Bonifacio Land Corporation, Emerging City Holdings, Inc., Columbus Holdings, Inc., Berkshires Holdings, Inc. AKL Properties, Inc., AC Ventures Holdings Corp., and Bonifacio Art Foundation, Inc.; Director of AG Holdings Ltd., AC Infrastructure Holdings Corporation, Asiacom Philippines, Inc., Ayala Retirement Fund Holdings, Inc., BPI Asset Management and Trust Corp., Honda Cars Philippines, Inc., Isuzu Philippines Corporation, and Manila Peninsula; Member of the Board of INSEAD Business School and Georgetown University; Member of the International Advisory Board of Tikehau Capital; Member of the Philippine-Singapore Business Council, member of the Chief Executives Organization; Chairman of Habitat for Humanity International’s Asia-Pacific Capital Campaign Steering Committee; and Member of the Board of Trustees of Caritas Manila, Pilipinas Shell Foundation, and the National Museum. He graduated with B.A. Liberal Arts at Harvard College in 1982 and holds a CIM from INSEAD, France.

Jaime Augusto Zobel de Ayala

Vice-Chairman

Mr. Zobel de Ayala has been a Director of Ayala Corporation since May 1987. He is the Chairman of the Board of the Ayala Corporation since April 2006. He was its CEO from April 2006 to April 2021. He holds the following positions in publicly listed companies: Chairman of Globe Telecom, Inc., Integrated Micro-Electronics, Inc. and Bank of the Philippine Islands; and Vice Chairman of Ayala Land, Inc., and AC Energy Corporation (formerly AC Energy Philippines, Inc.). He is also the Chairman of Ayala Retirement Fund Holdings, Inc., AC Industrial Technology Holdings, Inc., , AC Infrastructure Holdings Corporation, and Asiacom Philippines, Inc.; Co-Chairman of Ayala Foundation, Inc.; Trustee of Ayala Group Club, Inc.; Director of AC Ventures Holding Corp., Alabang Commercial Corporation, AC Energy and Infrastructure Corporation (formerly AC Energy, Inc.), Ayala Healthcare Holdings, Inc., Light Rail Manila Holdings, Inc., and AG Holdings Ltd. Outside the Ayala group, he is a member of various business and socio-civic organizations in the Philippines and abroad, including the JP Morgan International Council, JP Morgan Asia Pacific Council, and Mitsubishi Corporation International Advisory Council. He sits on the board of the Singapore Management University and on various advisory boards of Harvard University, including the Global Advisory Council, HBS Board of Dean’s Advisors, and HBS Asia-Pacific Advisory Board, which he chairs. He is Chairman Emeritus of the Asia Business Council, a member of the Global Board of Adviser of the Council on Foreign Relations, and Co-Vice Chairman of the Makati Business Club, Chairman of Endeavor Philippines, and a board member of Eisenhower Fellowships.  He was awarded the Presidential Medal of Merit in 2009, the Philippine Legion of Honor with rank of Grand Commander in 2010, and the Order of Mabini with rank of Commander in 2015 by the President of the Philippines in recognition of his outstanding public service. In 2017, he was recognized as a United Nations Sustainable Development Goals Pioneer by the UN Global Compact for his work in sustainable business strategy and operations. The first recipient of the award from the Philippines, he was one of 10 individuals recognized for championing sustainability and the pursuit of the 17 SDGs in business. He graduated with B.A. in Economics (Cum Laude) from Harvard College in 1981 and obtained an MBA from the Harvard Graduate School of Business in 1987.

John Eric Francia

Director

Mr. Francia is the President and Chief Executive Officer of AC Energy Corporation (PSE:ACEN). Under his leadership, Ayala established its energy platform from a standing start in 2011, to become one of the largest renewable energy platforms in Southeast Asia, with over 2000 MW of attributable renewables capacity.

Mr. Francia is also a Managing Director and member of the Management Committee of Ayala Corporation since 2009, and was appointed as Chairman of Ayala’s Investment Committee in 2021. He is also a Director of various Ayala group companies including AC Infrastructure, AC Health, AC Ventures, and as Chairman and CEO of ACE Enexor.

Mr. Francia earned a Master’s Degree in Management Studies at the University of Cambridge in the United Kingdom, graduating with First Class Honors.  He received his undergraduate degree in Humanities and Political Economy from the University of Asia & the Pacific, graduating magna cum laude.

Jose Rene Gregory Almendras

Director

Mr. Almendras concurrently serves as Senior Managing Director of Ayala Corporation, President & Chief Executive Officer of AC Infrastructure Holdings Corporation. He is also a member of the  Ayala Group Management Committee since August 2016. He is also a Director and a member of the Executive Committee of Manila Water; and Director of the following companies within the Ayala Group: AF Payments Inc., Light Rail Manila Holdings, Inc.,  MCX Tollway Inc., AC Energy and Infrastructure Corporation (formerly AC Energy, Inc.) and AC Energy Corporation (formerly AC Energy Philippines, Inc.). He spent 13 years with the Citibank group where he started as a management trainee and landed his first CEO position as President of City Savings Bank of the Aboitiz Group at the age of 37. In 2011, he was recognized by the World Economic Forum as a Sustainability Champion for his efforts as President of Manila Water. During his stint as Manila Water’s President and Chief Operating Officer, the company received multiple awards and was recognized as one of the Best Managed Companies in Asia, Best in Corporate Governance, one of the Greenest Companies in the Philippines and hailed as the world’s Most Efficient Water Company. Under the Administration of President Benigno S. Aquino III, Rene served as a member of the Cabinet holding the position of Secretary of the Department of Energy, Office of the Cabinet Secretary and the Department of Foreign Affairs. In June 2016, he was acknowledged by the Administration for his remarkable performance in addressing the country’s urgent issues and was awarded the highest Presidential Award given to a civilian — Order of Lakandula, Rank of Gold Cross Bayani. He graduated from Ateneo de Manila University with a degree in Bachelor of Science in Business Management in 1981.

John Philip Orbeta

Director

Mr. Orbeta is currently the Managing Director, Chief Human Resources Officer and Group Head for Corporate Resources at Ayala Corporation, covering Strategic Human Resources, Information & Communications Technology, Knowledge Management, and Corporate Support Services. He has served as a member of the Ayala Corporation Management Committee since May 2005 and the Ayala Group Management Committee since April 2009. He is currently the Chairman of Ayala Aviation Corporation, Ayala Group HR Council, Ayala Group Corporate Security Council Ayala Multi-Purpose Cooperative and Ayala Business Clubs; Chairman and President of HCX Technology Partners, Inc.; and Vice Chairman of Ayala Group Club, Inc. Mr. Orbeta also serves as President of Ayala Retirement Fund Holdings, Inc; and a Board Director of Ayala Group Legal, AC Industrial Technology Holdings, Inc., Ayala Foundation Inc., Ayala Healthcare Holdings, Inc., Ayala Retirement Fund Holdings, Inc., Generika Group of Companies, Healthway Medical (HMC Inc.), AC Energy Corporation, ALFM Peso Bond Fund, Inc., ALFM Dollar Bond Fund, Inc., ALFM Euro Bond Fund, Inc., ALFM Global Multi-Asset Income Fund, Inc., .ALFM Growth Fund, Inc., ALFM Money Market Fund, Inc., ALFM Retail Corporate Fixed Income Fund, Inc., ALFM Fixed Income Feeder Fund, Inc. and the Philippine Stock Index Fund Corporation. Mr. Orbeta previously served as the President and CEO of Ayala Automotive Holdings Corporation and Automobile Central Enterprise, Inc. (Philippine importer of Volkswagen) and the Chairman and CEO of Honda Cars Makati, Inc., Isuzu Automotive Dealership, Inc. and Iconic Dealership, Inc., and Board Director of Honda Cars Cebu, Inc and Isuzu Cebu Inc. Prior to joining Ayala Corporation, he was the Vice President and Global Practice Director of the Human Capital Consulting Group at Watson Wyatt Worldwide (now Willis Towers Watson), overseeing the firm’s practices in executive compensation, strategic rewards, data services and organization effectiveness around the world. He was also a member of Watson Wyatt’s Board of Directors. He graduated with a degree in A.B. Economics from the Ateneo de Manila University in 1982.

Cezar Consing

Director

Mr. Consing has been a Director of Ayala Corporation since December 3, 2020. He was the President and CEO of BPI, one of the Ayala Group’s publicly listed companies, from April 2013 to April 22, 2021. He is a Director of Bank of the Philippine Islands, Globe Telecom, Inc. and AC Energy Corporation. He is an Independent Director of Jollibee Foods Corporation. His other significant positions are: Chairman of Philippine Dealing System Holdings Corp. and its operating subsidiaries namely, Philippine Dealing & Exchange Corporation, Philippine Securities Settlement Corp., and Philippine Depository & Trust Corporation, and Director of Filgifts.com., Sqreem Technologies and Endeavor Philippines. He is also a Director of the US-Philippines Society, and the Philippine-American Educational Foundation, trustee of the Manila Golf Club Foundation and College of St. Benilde, and a member of the Trilateral Commission. He served as an Independent Director of CIMB Group Holdings from 2006 to 2013 and First Gen Corporation from 2005 to 2013, and as Chairman of National Reinsurance Corporation from 2018 to 2019. He served as Chairman and President of the Bankers Association of the Philippines from 2019 – 2021 and was President of Bancnet, Inc. from 2017 – 2021. He first worked for BPI’s corporate planning and corporate banking divisions from 1980 – 1985. He worked for J.P. Morgan & Co. in Hong Kong and Singapore from 1985 – 2004 and headed the firm’s investment banking business in Asia Pacific from 1997 – 2004 and President of J.P. Morgan Securities (Asia Pacific) Ltd. As a senior Managing Director of J.P. Morgan, he served as a member of the firm’s global investment banking management committee and its Asia Pacific management committee. He was a partner at The Rohatyn Group from 2004 – 2013, headed its Hong Kong office and its private investing business in Asia, and was a board director of its real estate, and energy and infrastructure private equity investing subsidiaries. He graduated with a degree of A.B (Accelerated Program) Economics (Magna Cum Laude) from De La Salle University in 1979 and M.A. Applied Economics from the University of Michigan, Ann Arbor, in 1980.

Nicole Goh Phaik Khim

Director

Ms. Goh is a Senior Vice President at GIC Private Limited’s (GIC) infrastructure practice, where she has coverage responsibility for the Asia-Pacific region with prior experience investing in the US and Europe. GIC was established in 1981 as a private company, wholly-owned by the Government of Singapore, to manage the foreign reserves of Singapore. It is one of the world’s largest global investors, with well over U.S.$100 billion of assets in more than 40 countries worldwide. She has been a member of GIC’s infrastructure practice since 2008.

Ms. Goh has an MSc in Management Science & Engineering from Stanford University and a BSc in Mathematics with Statistics for Finance from Imperial College London.

 

Sherisa Nuesa

Independent Director

Ms. Nuesa is an independent director of AC Energy Corporation (formerly AC Energy Philippines, Inc.)She was a former Managing Director of Ayala Corporation until her retirement in 2011. Currently, she is a member of the respective Board of Directors of Manila Water Company, Inc. (MWCI), Integrated Micro-electronics, Inc. (IMI), Far Eastern University, Inc., FERN Realty Corp, and the ALFM Mutual Funds Group. She is also a member of the Boards of Trustees of the Institute of Corporate Directors, the Judicial Reform Initiative, and the Financial Executives Institute of the Philippines.  

As a former Managing Director of Ayala Corporation, Ms. Nuesa served in various senior management positions, namely: Chief Finance Officer and Chief Administrative Officer of IMI (January 2009 to July 2010); Chief Finance Officer of MWCI (January 2000 to December 2008); Group Controller and later Vice President for Commercial Centers of Ayala Land, Inc. (ALI) (January 1989 to March 1999); and as member of the boards of the various subsidiaries of ALI, MWC, and IMI.  

Ms. Nuesa graduated from the Far Eastern University with a Bachelor of Science Degree in Commerce (summa cum laude). She is a Certified Public Accountant. She completed the Financial Management Program of the Stanford University in 1991 and the Advanced Management Program of the Harvard Business School in June 1999. She then obtained her Master’s Degree in Business Administration from the Ateneo-Regis Graduate School of Business in 2011. 

Melinda Ocampo

Independent Director

Ms. Ocampo is an independent director of AC Energy Corporation (formerly AC Energy Philippines, Inc.)She served as President of the Philippine Electricity Market Corporationa non-stock, non-profit private organization that governs the country’s wholesale electricity spot market, from 27 March 2009 until 31 July 2017. Her experience include developing energy policies and programs as Undersecretary of the Department of Energy from May 2005 to December 2007. She was also involved in electric utility system regulation, planning and technical feasibility of electric power generation, transmission and distribution systems including granting of electric franchises to both electric cooperatives and private distribution utilities. She has extensive knowledge of energy regulation including petroleum and electricity pricing and competition rules and has provided consulting services to legislators on electricity pricing, particularly on the power purchased adjustments. She was also a consultant in the World Bank’s project on Electric Cooperatives system loss reduction program and to the USAID under the Asia Foundation in its project to introduce the open access and competition in the coverage of Philippine Economic ZoneShe was a board member (February 1996 to June 1998) and Chairman (August 1998 to August 2001) of the Energy Regulatory Board (now Energy Regulatory Commission). She served as a division chief (October 1979 to November 1988) and a director (December 1988 to February 1996) of the National Electrification Administration.  

In 1977, Ms. Ocampo obtained her Bachelor of Science degree in Commerce, Major in Accounting, from the Republic Central Colleges, in Angeles City, Pampanga. She received her MBA from the University of the Philippines, Diliman, Quezon City. She is a certified public accountant. 

Ma. Aurora Geotina- Garcia

Independent Director

Ms. Geotina-Garcia is currently the President of Mageo Consulting Inc., a company providing business advisory and corporate finance consulting  services. A Certified Public Accountant, she started her professional career at SGV & Co./ Ernst & Young  Philippines, where she led the Firm’s Global Corporate Finance Division. She is also currently an Independent Director of ACE Enexor, Inc., Cebu Landmasters Inc., and Queen City Development Bank. She is the first female Chairperson of the Bases Conversion and Development Authority (BCDA) ( 2015 -2016 ) , and was a Director in the following companies: Bases Conversion and Development Authority (2011-2016), BCDA Management Holdings, Inc. (2011-2016), Fort Bonifacio Development Corporation (2011-2016), Heritage Park Management Corporation (2015-2016), Bonifacio Global City Estates Association, Inc. (2012-2016), Bonifacio Estates Services Corporation (2012-2016), and HBC, Inc. (2012-2016).

Ms. Garcia is a Fellow and Trustee of the Institute of Corporate Directors (ICD) and a Trustee of the  Shareholders Association of the Philippines. Today, she leads the Philippine Women’s Economic Network as its Chairperson. She also Co-Chairs the Philippine Business Coalition for Women Empowerment and is former Co-Chair of the ASEAN Women’s Entrepreneurs’ Network where she remains as one of the Philippine Focal Points. Boots serves several women business organizations as a long-time Trustee, namely: Women’s Business Council Phils., Inc., Business & Professional Women’s, Makati (BPW), the Philippine chapter of  Women Corporate Directors and the Samahan ng Pilipina para sa Reporma at Kaunlaran (Spark! Philippines).

Ms. Garcia received her Bachelor of Science degree in Business Administration and Accountancy from the University of the Philippines in 1973 and  completed her Master of Business Administration from the same university in 1978.   

Consuelo Garcia

Independent Director

Ms. Garcia is an independent director of AC Energy Corporation (formerly AC Energy Philippines, Inc.)She is currently an Independent Director of The Philippine Stock Exchange, Inc., Sun Life Investment and Trust Corporation, and FEU Alabang, Inc. She is presently the Senior Consultant for Challengers and Growth Markets, Asia for ING Bank, Currently, she is a member of the board of the Financial Executives Institute of the Philippines (FINEX) and the Finex Academy. She is the liaison director to the Finex Capital Markets Development Committee and is a member of the Ethics and Sustainable Development Working Group of the International Association of Financial Executives InstituteShe is also a director of a family-owned business – Saje Wellness Corporation. She was formerly the Country Manager and Head of Clients of ING Bank N.V. Manila, Philippines from September 2008- November 15, 2017. She joined ING in February 1991 as Head of Financial Markets. She previously worked with SyCip, GorresVelayo & Co. and Bank of Boston. She served as Director of the Board and concurrently Chairman of the Capital Markets Committee of the Bankers Association of the Philippines and Finex for many years. She was a former Board of Director and Treasurer of the European Chamber of Commerce of the Philippines from 2011–2015. In 2010, she was a National Member of ASEAN Bond Market Forum.  

Ms. Garcia received a Bachelor of Science degree in Business Administration, major in Accounting (magna cum laude) from the University of the East and is a Certified Public Accountant.  

contact