Mr. Bernardo is a former undersecretary of the Department of Finance and founded his consultancy practice, Lazaro Bernardo Tiu & Associates in 1997.
Age: 69, Born 1954
Nationality: Filipino
Tenure
- Appointed Non-Executive Director from April 2019 to September 2023
- Appointed Independent Director from August 2002 to April 2019
- Appointed Non-Executive Director February 1998
Board committee membership*
- Member of the Executive Committee
- Member of the Personnel and Compensation Committee
* Committee member until 12 September 2023
Career
Relevant skills and experience
Mr. Bernardo has been advisor to various multilateral institutions such as the World Bank, International Finance Corporation, Asian Development Bank, and Japan International Cooperation Agency. He has also worked with government institutions and the National Economic Development Authority (NEDA) in policy matters involving pension reform, capital markets reform, and fiscal and debt management.
Outside interests/commitments
Mr. Bernardo serves as an independent director of the following PSE-listed companies: Aboitiz Equity Ventures, Inc., RFM Corporation, Monde Nissin Corporation and Philippine Investment Management, Inc. (PHINMA). He is also a non-executive director of Globe Telecom, Inc. He is the chairman of the board of directors of the ALFM family of funds.
Environmental, social, and governance
Mr. Bernardo is a public advocate of good corporate and national governance and frequently writes on the subject in his capacity as Vice-Chairman and Co-Founder of the Foundation for Economic Freedom and the Philippine Partner of Global Source Partners, Inc., a worldwide network providing insights on emerging markets.
Education
Mr. Bernardo graduated with a B.S. Business Economics degree (magna cum laude), from the University of the Philippines in 1974. He obtained his M.A. Development Economics (Valedictorian) at Williams College, Williamstown, Massachusetts in 1977.