Dr. Lucio C. Tan

Chairman of the Board and Chief Executive Officer
Chairman – Investment Committee

Mr. Tan, 85, Filipino, has served as Chairman of the Board of Directors since July 2015 and as Chief Executive Officer since December 14, 2015. During the span of 50 years, Dr. Tan founded, and became the Chairman & Chief Executive Officer/Director of: Allied Bankers Insurance Corporation (since 1980); Asia Brewery, Inc. (since March 1979); Basic Holdings Corp. (since July 1983); Eton Properties Philippines, Inc. (since February 2007); Foremost Farm Inc. (since April 1970); Fortune Tobacco Corp. (since 1965); Grandspan Development Corp. (since July 1996); Himmel Industries, Inc. (since November 1960); Lucky Travel Corporation (since June 1983); and The Charter House Inc. (since July 1980).

Dr. Tan has also acquired and is the Chairman and CEO/Director of Tanduay Distillers Inc. (since May 1988); University of the East (since 1990); Philippine Airlines, Inc. (since March 1, 1993); Philippine National Bank (since December 1999); LT Group, Inc. (formerly Tanduay Holdings Inc., since July 1999); Air Philippines Inc. (since 1999); PAL Holdings Inc. (since October 2000), Mabuhay Miles, Inc. (since 2016) and Mabuhay Maritime Express Transport Inc., (since 2016).

He founded Allied Banking Corporation in April 1977 which merged with Philippine National Bank (“PNB”) in March 2012. Fortune Tobacco Corporation which he founded entered into a joint venture with Philip Morris International (since 2010) and the company is now known as Philip Morris Fortune Tobacco Corporation (PMFTC) of which he is the Chairman.Dr. Lucio Tan holds a Doctor of Philosophy degree, Major in Commerce from the University of Santo Tomas and a Bachelor of Science degree in Chemical Engineering from Far Eastern University.


Carmen K. Tan

Director
Member – Investment Committee

Mrs. Tan, 78, Filipino, has served as Director of the Corporation since July 2012. Aside from her membership in the Board of Directors of the Corporation, Ms. Tan currently also serves as a Director of the following companies; Buona Sorte Holdings, Inc. (since 1978); Dynamic Holdings, Ltd. (since 2019); Eton City, Inc. (since 1970); Fortune Tobacco Corp. (since 1965); Himmel Industries, Inc. (since 1960); LT Group, Inc. (since 2013); Manufacturing Services and Trade Corp. (since 1979); Progressive Farms, Inc. (since 2004); Philippine Airlines Inc. (since 2013) PAL Holdings, Inc. (since 2014); Philippine National Bank (since 2016); PMFTC Inc. (since 2010); Sipalay Trading Corp. (since 2005); Saturn Holdings, Inc. (since 1979); Tanduay Distillers, Inc. (since 2005); Tangent Holdings, Corp. (since 2005); The Charter House, Inc. (since 2005), and Trustmark Holding, Corp. (since 2000).

Mrs. Carmen K. Tan is Incorporator of the following Corporations: Asia Brewery, Inc. (since 1979), Dominium Realty & Construction Corp. (since 1978), Foremost Farms, Inc. (since 1970), Lucky Travel Corp. (since 1983) and Shareholdings, Inc. (since 1979). She is a distinguished alumna of the Paco Chinese School and the University of the East, Manila.


Lucio C. Tan III

Director
Member – Corporate Governance, Audit, Related Party Transactions, Compensation and Investment Committees

Mr. Tan, 27, Filipino, has served as Director of the Corporation since December 2019. Mr. Tan also serves on the Board of Directors of the following corporations since December 2019: LT Group, Inc., PAL Holdings, Inc., Philippine Airlines, PAL Express, Lufthansa Technik Philippines, Inc., MacroAsia Properties Development Corporation, MacroAsia Airport Services Corporation, Asia’s Emerging Dragon Corporation and Lucky Travel Corporation.

He is currently the President and CEO of Tanduay Distillers Inc. Before joining the group, he worked as Head Software Engineer for Lyft from April 2018 to 2019, and as Intern for Facebook, Apple and Cisco.

He joined organizations like the Stanford Tau Beta Pi Engineering Honors Society as member, and as Executive Board and Finance Officer of the Stanford Asian Student Entrepreneur Society.

Lucio had his Masters Degree in Computer Science after graduating with the highest award given to engineering seniors of Stanford University USA - The Frederick E. Terman Award in 2015 for the course M.S. in Computer Science, likewise he was also awarded the President’s Award for Academic Excellence on his Freshman Year and the Tau Beta Pi Honors Society for his Junior and Senior years.


Vivienne K. Tan

Director
Member – Risk Management and Investment Committees

Ms. Tan, 50, Filipino, has served as Director of the Corporation since July 2019. She also serves as a member of the Board of Directors of: (i) LT Group, Inc., (ii) Eton Properties Philippines, Inc., and (iii) PNB. She is a member of the Board of Trustees of (i) University of the East, and (ii) University of the East Ramon Magsaysay Memorial Medical Center. She is an Executive Director of Dynamic Holdings Limited.

She is also the Executive Vice President, Treasurer and Chief Administrative Officer of PAL. Ms. Tan is also the Founding Chairperson of Entrepreneurs School of Asia, and is the Founder and President of the Thames International Business School.

Ms. Tan has a Bachelor of Science Double Degree in Mathematics and Computer Science from the University of San Francisco, USA. She also has a Post-Graduate Diploma in Fashion Design and Manufacturing Management from the Fashion Institute of Design and Merchandising in Los Angeles.


Joseph T. Chua

President and Chief Operating Officer
Member – Investment, Mining and Risk Management Committees

Mr. Chua, 63, Filipino, has been a member of the Corporation’s Board of Directors since August 1997. He is currently the President and COO of MacroAsia Corporation, a position he has held since December 15, 2015. Prior to this, he was the CEO of MacroAsia Corporation from July 2003 to December 14, 2015.

He is also the President and a member of the Board of Directors of the following corporations: (i) MacroAsia Catering Services, Inc. (since July 2003), (ii) MacroAsia Airport Services Corp. (since 2000), (iii) MacroAsia Properties Development Corporation (since 2013), (iv) MacroAsia Air Taxi Services (since 2004), (v) MacroAsia Mining Corporation (since 2012), (vi) MacroAsia SATS Food, Inc. (since 2015), (vi) MacroAsia SATS Inflight Services Corporation (since March 2019) and (vii) Watergy Business Solutions Inc. (since 2014).

Mr. Chua is also the Chairman of the Board of Directors of the following corporations: (i) J.F. Rubber Phils. (since 1993), (ii) MacroAsia Air Taxi Services (2001-2003), (iii) Watergy Business Solutions Inc. (2011-2013), (iv) Cavite Business Resources Inc. (since 2011), (v) MacroAsia Properties Development Corporation (2003-2012), (vi) MacroAsia Mining Corporation (2004-2012), (vii) Boracay Tubi System, Inc. (since December 2016), (viii) Naic Water Supply Corporation (since August 2017), (ix) First Aviation Academy, Inc. (since December 2017), (x) Summa Water Resources, Inc. (since October 2018) and (xi) Alliedkonsult Eco-solutions Services Corporation. He also served/serves as a director of: (i) PAL Holdings, Inc. (October 2014-January 2018 and October 2018-Present), (ii) Philippine Airlines, Inc. (August 2003-March 2012 and October 2014-January 2018), (iii) Air Philippines Corporation (February 2015-January 2018), (iv) Bulawan Mining Corporation (since June 2009-January 2018), (v) PNB Management & Development Corporation (since June 2009-January 2018), (vi) ETON Properties Philippines, Inc. (May 2013–September 2017), (vii) Lufthansa Technik Philippines, Inc. (since 2000) and LTG, Inc. (June 2014-February 2018). His other business affiliations include: (i) Philippine National Bank, as director (May 2014-May 2015) and Board Advisor (May 2015-February 2018), (ii) Eton City In., (May 2013-Present), (iii) Belton Communities, Inc. (May 2013-Present), (iv) FirstHomes Inc. (May 2013-Present) and (v) PNB General Insurers Co., Inc. (August 2014-February 2018).

Mr. Chua holds a Master of International Finance degree from the University of Southern California, USA and a double degree of Bachelor of Arts in Economics and Bachelor of Science in Business Management from De La Salle University.


Michael G. Tan

Director
Member – Audit, Compensation, Investment, Risk Management, and Mining Committees

Mr. Tan, 53, Filipino, has served as Director since 17 July 2015. He serves as the President and Chief Operating Officer of LT Group, Inc., Asia Brewery, Inc., and Director of the following companies: Eton Properties Inc., Philippine National Bank, PMFTC Inc., Tanduay Distillers, Inc., Victorias Milling Co. and Philippine Airlines, Inc. Mr. Michael Tan holds a Bachelor of Science degree in Applied Science in Civil Engineering, major in Structural Engineering, from the University of British Columbia, Canada.


Eduardo Luis T. Luy

Treasurer
Member – Mining Committee

Mr. Luy, 26, Filipino, has served as Director and Treasurer of the Corporation since December 12, 2019. He worked in Reyes Tacandong & Co. from 2015-2018. Mr. Luy holds a Master in Business Administration from Asian Institute of Management and a Bachelor of Science degree in Business Administration from University of the Philippines.


Johnip G. Cua

Lead Independent Director
Chairman – Audit, Compensation and Mining Committees
Member – Corporate Governance, Related Party Transactions, Investment and Risk Management Committees

Mr. Cua, 63, Filipino, has served as Independent Director of the Corporation since 2006. He was formerly the President of Procter & Gamble Philippines Inc. (1995-2006). He currently serves as the Chairman of the Board of the P&Gers Fund Inc. (since 2009) and Xavier School, Inc. (since 2012), and the Chairman & President of Taibrews Corporation (since 2011). Additionally, he serves as a member of the Board of Trustees of Xavier School Educational & Trust Fund (1996 to Present) and MGCC Foundation (since 2015).

Mr. Cua is an Independent Director of the following corporations: (i) BDO Private Bank (since 2008), (ii) Philippine Airlines Inc. (since Oct 2014), (iii) PAL Holdings Inc. (since Oct 2014), (iv) Century Pacific Food Inc. (since Jan 2014), (v) LT Group Inc. (since May 2018), (vi) Eton Properties Inc. (since May 2014), (vii) ALI Eaton Property Development Corp. (since July 2018), (viii) MacroAsia Catering Services, Inc. (since 2007), (ix) MacroAsia Airport Services Corp. (since 2007), (x) MacroAsia Properties Development Inc. (since 2013), (xi) PhilPlans First Inc. (since 2009 ), and (xii) First Aviation Academy Inc. (since 2017).

Mr. Cua is also a member of the Board of Directors of the following corporations: (i) Allied Botanical Corporation (2012 to Present), (ii) Alpha Alleanza Manufacturing Inc. (since 2008), (iii) Bakerson Corporation (since 2002 Present), (iv) Interbake Marketing Corporation (since 1991), (v) Lartizan Corporation (since 2007), and (vi) Teambake Marketing Corporation (since 1994).

Mr. Cua holds a Bachelor of Science degree in Chemical Engineering from the University of the Philippines.


Ben C. Tiu

Independent Director
Chairman – Risk Management Committee
Member – Corporate Governance, Audit, Related Party Transactions and Compensation Committees

Mr. Tiu, 67, Filipino, has served as an Independent Director of the Corporation since July 2013. He is the Chairman of the Board of Directors of the following corporations: (i) Fidelity Securities (since 1993), (ii) Tera Investments, Inc. (since 2001), (iii) TKC Steel Corporation (since 2007Present), (iv) Treasure Steelworks Corp. (since 2005), and (v) BRJ Trading (since 1988). He also serves as the Chairman and President of JTKC Equities, Inc. (since 1993).

He is currently the Executive Vice President of JTKC Leisure Group. He also serves as Director of I‐Remit Inc. (since 2006). Mr. Tiu holds a Master of Business Administration degree from the Ateneo De Manila University and a Bachelor of Science degree in Mechanical Engineering from Loyola Marymount University, USA.


Marixi R. Prieto

Independent Director
Chairperson –Corporate Governance and Related Party Transactions Committees
Member – Audit and Risk Management Committees

Ms. Prieto, 79, Filipino, has served as an Independent Director of the Corporation since December 2015. She is the Chairman of the Board of Bataan 2020 Inc. She served/serves as a member of the Board of Directors in the following companies: (i) Philippine Daily Inquirer, (ii) Hinge Inquirer Publication Inc., (iii) Inquirer Interactive Inc., (iv) Inquirer Publications Inc., (v) Printown Group, (vi) Sunvar Inc., Investment and Marketing Association, (vii) Ionian Industrial Property Inc., (viii) Corinthian Industrial Property, Inc., (ix) HMR Enterprises, Inc., (x) Lexmedia Realty, Inc., (xi) Var Buildings, Inc., (xii) Parkside Realty Development Corporation, (xiii) Golden Pizza Inc., (xiv) Golden Donuts Inc., (xv) International Family Foods Services, Inc., (xvi) Mix-plant Inc., (xvii) LRP Inc., Pinnacle Printers Corporation, (xviii) Inquirer Holdings, Inc., (xix) Mediacom Equities, Inc., (xx) Matrix Resources Portfolio Holdings, Inc., (xxi) Excel Pacific Equities, Inc., and (xxii) Cebu Daily News. Ms. Prieto is also the Treasurer of the following corporations, among others: (i) Sunvar Realty Development Corporation, (ii) Marilex Realty Development Corporation, and (iii) Ionian Realty & Development Corporation. Ms. Prieto holds a Bachelor of Science degree in Business Management from Assumption College Inc.


Samuel C. Uy

Independent Director
Member – Corporate Governance, Audit, Related Party Transactions, Compensation and Risk Management Committees

Mr. Uy, 66, Filipino, has served as Independent Director since April 30, 2018. He is the current President and Administrator of Ricardo Limso Medical Center (since 2004), as well as the President and CEO of 3S Realty Corporation (since 2007) and Toril Sports Complex (since 2008). He is also the Vice President of Kaunlaran Development Corporation; Davao Farms Incorporated (since 1986); Dimdi Centre Inc. (since 1986); Daland Development Corporation. He is the Secretary of Millennium Cars Mindanao and Treasurer for Dimdi Builders Inc. Mr. Uy is also a director of Honda Cars Gensan, and an Independent Director of Philippine Airlines, Inc. (since March 2017). Mr. Uy holds a Bachelor of Science degree in Agriculture from Xavier University. He also studied Bachelor of Science in Management at the Ateneo de Manila University.