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 April 2019 to Present
- Appointed Independent Director from August 2002 to April 2019
- Appointed Non-Executive Director February 1998
Board committee membership
- Member of the Executive Committee (appointed as Member of the Committee in September 2022)
- Member of the Personnel and Compensation Committee (appointed as Member of the Committee in April 2022)
Until 2019, he also served as Independent Director of BPI Capital Corporation, BPI/MS Insurance Corporation, BPI AIA Life Assurance Corporation (formerly BPI-Philam Life Assurance Corporation) and BPI Asset Management and Trust Corporation.
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
He is the Chairman of the Board of Directors of the ALFM family of mutual funds. He also serves as a Board Director of the Management Association of the Philippines and the Finex Foundation.
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.