2014 AYALA GROUP MANAGEMENT COMMITTEE
Jaime Augusto Zobel de Ayala, Filipino, 54, is the Chairman and Chief Executive
Officer of Ayala Corporation since April 2006. He also holds the following positions:
Chairman of Globe Telecom, Inc., Integrated Micro-Electronics, Inc. and Bank of the
Philippine Islands; Co-Chairman of Ayala Foundation, Inc.; Vice Chairman of Ayala
Land, Inc. and AC Energy Holdings, Inc.; Chairman of Harvard Business School AsiaPacific Advisory Board and Asia Business Council; Vice Chairman of the Makati
Business Club, and member of the Harvard Global Advisory Council, Mitsubishi
Corporation International Advisory Committee, JP Morgan International Council,
International Business Council of the World Economic Forum; Philippine
Representative for APEC Business Advisory Council.
Fernando Zobel de Ayala, Filipino, 53, is the President and Chief Operating Officer
of Ayala Corporation since April 2006. He is also Chairman of Ayala Land, Inc.,
Manila Water Company, Inc., AC International Finance Ltd., AC Energy Holdings, Inc.,
and Hero Foundation, Inc.; Co-Chairman of Ayala Foundation, Inc.; Director of Bank
of The Philippine Islands, Globe Telecom, Inc., Integrated Micro-Electronics, Inc.,
LiveIt Investments, Ltd., Ayala International Holdings Limited, Honda Cars
Philippines, Inc., Isuzu Philippines Corporation, Pilipinas Shell Petroleum Corp.,
Manila Peninsula and Habitat for Humanity International; Member of The Asia
Society, INSEAD East Asia Council, Chairman of Habitat for Humanity’s Asia-Pacific
Capital Campaign Steering Committee; and Member of the Board of Trustees of
Caritas Manila, Pilipinas Shell Foundation, Kapit Bisig para sa Ilog Pasig Advisory
Board and National Museum.
Gerardo C. Ablaza, Jr., Filipino, 60 has served as member of the Management
Committee of Ayala Corporation (Ayala Group) since 1998. He also holds the
following positions: President and CEO of Manila Water Company, Inc; Chairman of
AAA Water Corporation, Boracay Island Water Company, Inc., Cebu Manila Water
Development, Inc., Clark Water Corporation, Manila Water Total Solutions Corp.,
Manila Water Asia Pacific Pte. Ltd, Manila Water South Asia Holdings Pte. Ltd., Thu
Duc Water Holdings Pte.Ltd., and Kenh Dong Water Holdings Pte.Ltd; Chairman &
President of Manila Water Consortium, Inc. (formerly Northern Waterworks and
Rivers of Cebu, Inc.), and Manila Water International Solutions, Inc.; Vice-Chairman
of Laguna AAAWater Corporation; Co-Vice Chairman of Globe Telecom, Inc.;
Director of Azalea International Venture Partners Limited, Asiacom Philippines, Inc.,
and LiveIT Investment Ltd.; Member of the Board of Management of Thu Duc Water
B.O.O. Corp; and President of Manila Water Foundation.
He was President and CEO of Globe Telecom, Inc. from 1998 to April 2009. Mr.
Ablaza was previously Vice-President and Country Business Manager for the
Philippines and Guam of Citibank, N.A. for its Global Consumer Banking Business.
Prior to this position, he was Vice-President for Consumer Banking of Citibank, N.A.
Singapore. Attendant to his last position in Citibank, N.A., he was the bank’s
representative to the board of directors of City Trust Banking Corporation and its
various subsidiaries. In 2004, he was recognized by CNBC as the Asia Business
Leader of the Year, making him the first Filipino CEO to win the award. In the same
year, he was awarded by Telecom Asia as the Best Asian Telecom CEO.
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Antonino T. Aquino, Filipino, 66, has served as a member of the Management
Committee of Ayala Corporation (Ayala Group) since August 1998. He also holds the
following positions: President of Ayala Land, Inc.; Chairman of Alveo Land Corp.,
Cebu Holdings, Inc., Cebu Property Ventures & Development Corp., Ayala Hotels,
Inc., Makati Development Corp., North Triangle Depot Commercial Corp., and
Station Square East Commercial Corp.; President of Fort Bonifacio Development
Corp., Alabang Commercial Corp., Accendo Commercial Corp., Aurora Properties,
Inc., Ceci Realty, Inc., and Vesta Property Holdings, Inc.; and Director of Manila
Water Company, Inc.. He also serves as a member of the board of various corporate
social responsibility foundations such as Ayala Foundation, Inc., Makati Commercial
Estate Association, Inc., Hero Foundation, Inc., and Bonifacio Arts Foundation, Inc.
He also served as President of Manila Water Company, Inc., and Ayala Property
Management Corporation and a Business Unit Manager in IBM Philippines, Inc. He
was named “Co-Management Man of the Year 2009” by the Management
Association of the Philippines for his leadership role in a very successful waterworks
privatization and public-private sector partnership. [Mr. Aquino retired in April 2014]
Alfredo I. Ayala, Filipino, 52, has been a Managing Director of Ayala Corporation
since June 2006. He is the Chief Executive Solutions, Inc.; and Director of NewBridge
International Investment Limited, Affinity Express Holdings Limited and HRMall
Holdings Limited.
Cezar P. Consing, Filipino, 54, is a Senior Managing Director of Ayala Corporation
and President and CEO of Bank of the Philippine Islands since April 2013. He has
been a director of BPI and an independent director of Jollibee Foods Corporation
since 2010. He was a partner at the Rohatyn Group from 2004 to March 2013; an
Investment Banker with J.P. Morgan & Co. from 1985 to 2004; and an independent
director of CIMB Group Holdings Berhad and CIMB Group Sdn. Berhad from 2004 to
2012 and First Gen Corporation from 2005 to 2013.
Ernest Lawrence L. Cu, Filipino, 53, has been a member of the Management
Committee of Ayala Corporation (Ayala Group) since January 2009. He is the
President and Chief Executive Officer of Globe Telecom, Inc. In 2013, Ernest was the
highest ranked Filipino in the Power 100 of London-based Global Telecoms Business
Magazine that recognizes the 100 most influential telecom leaders worldwide. He
earned international accolade in 2012 as CEO of the Year by Frost & Sullivan Asia
Pacific. In 2010, he was adjudged Best CEO by Finance Asia. He was conferred the
International Association of Business Communicators' (IABC) CEO EXCEL award for
communication excellence in telecoms and IT, and he was also voted as one of the
Most Trusted Filipinos in a poll conducted by Readers Digest. In 2003, he was
awarded the Ernst & Young ICT Entrepreneur of the Year. He is a trustee of Ayala
Foundation, Inc., Hero Foundation, Inc., and De La Salle College of St. Benilde. He is
a director of BPI Globe BanKo,Inc., Systems Technology Institute, Inc., and Prople
BPO, Inc. Prior to joining Globe, he was President and CEO of SPI Technologies, Inc.
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Bernard Vincent O. Dy, Filipino, is President and Chief Executive Officer of Ayala
Land, Inc. He joined Ayala Land, Inc. in 1997 and has held various leadership
positions in the organization. In 2003, he was assigned to Fort Bonifacio
Development Corporation (FBDC) and laid the foundation for the transformation of
Bonifacio Global City. Since 2007, he has worked in leadership capacities in both the
Residential Business Group and Commercial Business Group of Ayala Land. In 2013,
he was appointed its Chief Operating Officer.
Prior to his career in Ayala Land, he spent 16 years overseas where he obtained his
Bachelor of Science degree in Business Administration from the University of Notre
Dame and completed his MBA and Master’s Degree in International Relations at the
University of Chicago. During this time, he also held senior regional roles for
multinational companies in Hong Kong and China. [NB: Mr. Dy succeeded Mr.
Antonino T. Aquino as President and CEO of Ayala Land in April 2014]
John Eric T. Francia, Filipino, 42, is a Managing Director and a member of the Ayala
Corporation Management Committee and the Group Management Committee
since January 2009. He is the head of Ayala’s Corporate Strategy and Development
Group, which is responsible for overseeing Ayala’s portfolio strategy and new
business development. He is also holds the following positions: Chairman and
President of PhilNewEnergy, Inc.; President of AC Energy Holdings, Inc. and AC
Infrastructure Holdings Corp.; Director of Manila Water Company, Integrated
Micro-Electronics, Inc., LiveIt Investments Ltd. and HCM City Infrastructure
Investment Joint Stock Company.
Prior to joining Ayala, Mr. Francia was a senior consultant and member of the
management team of Monitor Group, a strategy consulting firm based in
Cambridge, Massachusetts, USA. Prior to consulting, he spent a few years in the
field of academe and media.
Delfin C. Gonzalez, Jr., Filipino, 64, is the Chief Finance Officer of Ayala Corporation
and is also a member of its Management Committee and Finance Committee since
April 2010. He joined Ayala Corporation in late 2000, assigned as Chief Finance
Officer for its subsidiary, Globe Telecom, Inc. until early 2010. He also holds the
following positions in various companies of the Ayala Group: Chairman of Darong
Agricultural Development Corporation, AC Infrastructure Holdings Corporation and
AYC Finance Ltd.; President and Director of Ayala DBS Holdings Inc.; and Director of
Integrated Micro-Electronics, Inc., AC International Finance, Ltd., Asiacom
Philippines, Inc., AC Energy Holdings, Inc., LiveIt Investments, Ltd., Ayala Aviation
Corporation, AYC Holdings Ltd., Michigan Holdings, Inc., Azalea International
Venture Partners Ltd., Philwater Holdings Company, and various Ayala international
companies.
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Maria Lourdes Heras-De Leon, Filipino, 59, has been a Managing Director of Ayala
Corporation since October 2011 and the President of Ayala Foundation, Inc. since
January 2012. She was formerly with Chevron Geothermal Philippines Holdings as
Vice President for Policy, Government and Public Affairs. She was expatriated to the
Philippines as a member of the Senior Leadership Team to lead Chevron
Geothermal’s and Chevron Malampaya’s government affairs, policy advocacy and
public affairs. She also led the company’s community engagement and corporate
social responsibility programs refocusing its community development projects from
traditional corporate donations into a sustainable, public-private partnership
process. Today, she spearheads the advocacies of Ayala Foundation: Education,
Youth Leadership, Sustainable Livelihood and Arts & Culture.
Solomon M. Hermosura, Filipino, 51, has served as Managing Director of Ayala
Corporation since 1999 and a member of its Management Committee since 2009
and the Ayala Group Management Committee since 2010. He is also the Group
Head of Corporate Governance, General Counsel, Compliance Officer, and
Corporate Secretary of Ayala Corporation. He is the CEO of Ayala Group Legal. He
serves as Corporate Secretary of Ayala Land, Inc., Globe Telecom, Inc., Manila
Water Company, Inc., Integrated Micro-Electronics, Inc. and Ayala Foundation, Inc.;
and a member of the Board of Directors of a number of companies in the Ayala
group.
John Philip S. Orbeta, Filipino, 52, has served as a member of the Ayala Corporation
Management Committee since 2005 and the Group Management Committee since
2009. He is currently the Managing Director and Group Head for Corporate
Resources, covering Strategic Human Resources, Corporate Communications and
Information & Communications Technology at Ayala Corporation. He is the
President and CEO of Ayala Automotive Holdings, Corporation and Automobile
Central Enterprise, Inc. (Philippine importer of Volkswagen). He is Chairman and
CEO of Honda Cars Makati, Inc., Isuzu Automotive Dealership, Inc., and Iconic
Dealership, Inc.; Chairman of Ayala Aviation Corporation and HRMall, Inc./IQBack
Office. He also serves as a Director of AG Counselors Corporation, BPI Family Bank,
Inc. and ALFM Growth Fund, Inc. He is concurrently the Chairman of the following
councils at the Ayala Group: Human Resources Council, Corporate Security Council,
and the Ayala Business Clubs and is the Program Director of the Ayala Young
Leaders Congress. Prior to joining Ayala Corporation, he was the Vice President and
Global Practice Director for the firm's Human Capital Consulting Group at Watson
Wyatt Worldwide (now 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.
Arthur R. Tan, Filipino, 54, has been a member of the Management Committee of
Ayala Corporation (Ayala Group) since 2002. He is a Senior Managing Director of
the Company since 2007. He has been the President and Chief Executive Officer of
Integrated Micro-Electronics, Inc. since April 2002. Concurrently, he is the President
and Chief Executive Officer of PSi Technologies Inc., and President of Speedy-Tech
Electronics Ltd.
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The write-ups above pertain to information provided in the 2014 Definitive Information Statement (March 2014)
and include positions held as of December 31, 2013 and in the past five years and personal data as of December 31,
2012. The profile of Mr. Bernard Vincent O. Dy, who succeeded Mr. Antonino Aquino as President and CEO of Ayala
Land, Inc., in April 2014, was provided by Ayala Land, Inc.
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