Ayala Plans, Inc. Board of Directors and Executive Officers

Director and Chairman

58, Filipino

Terms of office:
• November 23, 2021 to present

Committee memberships:

• Nomination Committee Chairman
• Personnel and Compensation Committee Chairman

Career and relevant experience:
Filipino, 58 assuming the position of Chairman in November 23, 2021. A BS Management Engineering graduate of Ateneo de Manila with Masters in Business Administration from the University of Chicago. She is a Senior Vice President of the Bank of the Philippine Islands and holds directorship position in various institutions such as BPI Forex Corporation (2019), Santiago Land Development Corp. (2018), Citytrust Realty Corp. (2018), National Reinsurance (2018), BPI Philam Assurance Corp. (2018), Filinvest Algo Financial Corp. (2018), Citytrust Securities Corp. (2018), First Far East Development Corp. (2018) and BPI Computer Systems Corp. (2018).

Trainings attended:

2022

The 4th Integrated Corporate Governance, Risk Management and Sustainability Summit conducted by the ICD on 18 October 2022

2021

Ayala Integrated Corporate Governance, Risk Management and Sustainability Summit conducted by the ICD on 21 October 2021 

Independent Director

61, Filipino

Terms of office:
• July 31, 2018 to present

Committee memberships:
• Audit Committee Chairman
• Nominations Committee Member

Career and relevant experience:
Filipino, 61 years old was re-elected in July 26, 2022 as an independent director and also holds directorship to other BPI subsidiaries and affiliates including BPI Century Tokyo Lease and Finance Corp., BPI Century Tokyo Rental Corp. and BPI Direct Banko Inc. Mr. de Luzuriaga finished his college degree, BS Management at the University of the Philippines in 1983.

Trainings attended:

2022

The 4th Integrated Corporate Governance, Risk Management and Sustainability Summit conducted by the ICD on 18 October 2022

2021

Ayala Integrated Corporate Governance, Risk Management and Sustainability Summit conducted by the ICD on 21 October 2021

Director
59, Filipino

Terms of Office:
• August 26, 2015 to present

Committee memberships:
• Audit Committee Member
• Personnel and Compensation Committee Member

Career and relevant experience:
Filipino, 59 years old, and re-elected as a Director in July 26, 2022. Mr. Mercado has worked with several banking institutions before becoming the Assistant Vice-President of Far East Bank/BPI from 1998 to 2002 and becoming a Vice President of BPI from 2002 to 2011. He is currently an SVP of BPI holding several corporate directorships of other BPI subsidiaries and affiliates including BPI Forex Corporation, BPI Operations Management Corp. and BPI Card Finance Corp. He also holds an appointive position as Board Member of the Philippine Clearing House Corp. since 2016 and as Operations Committee Member of the Bankers Association of the Philippines. Mr. Mercado earned his BS Economics degree from the University of the Philippines in 1984.

Trainings attended

2022

The 4th Integrated Corporate Governance, Risk Management and Sustainability Summit conducted by the ICD on 18 October 2022

Independent Director
74, Filipino

Terms of office:
• May 28, 2010 to present

Committee memberships:
• Audit Committee Member
• Nominations Committee Member
• Personnel and Compensation Committee Member

Career and relevant experience:

Filipino, 74 years old, Mr. Tejada has been an independent director of Ayala Plans since 2010 and of various BPI subsidiaries and affiliates including BPI Century Tokyo Lease and Finance Corp. and BPI Century Tokyo Rental Corp. His work history with the Bank included holding the various positions in BPI Bancassurance, Inc. as Chief Operating Officer from 2002 t0 2004, as President from 2004 to 2008 and as Director from 2002 to 2008. He earned his MBM from the Asian Institute of Management in 1976, and his college degree, BS in Business Administration from the University of Nueva Caceres in 1974.

Trainings attended:

2022
The 4th Integrated Corporate Governance, Risk Management and Sustainability Summit conducted by the ICD on 18 October 2022

2021

Ayala Integrated Corporate Governance, Risk Management and Sustainability Summit conducted by the ICD on 21 October 2021

Director / Officer-in-Charge
59, Filipino

Terms of office:
• August 15, 2011 to present

Committee memberships:
• None

Career and relevant experience:
Filipino, 59, graduated with a degree in BS Industrial Engineering in 1986 and received his MBA degree in 1992 both from the University of the Philippines, Diliman. Currently a Director of Ayala Plans, Inc. and also holds the position as Chief Finance Officer of BPI-Philam Life Assurance Corp., both assumed in 2011. His prior assignments with the Bank included the Research Officer position with BPI (1993-1995) and BPI Capital Corp. (1995-1997), Marketing Head of BPI Securities (2004-2007) and President and Director of BPI Securities in 2010.

Trainings attended:
2022

The 4th Integrated Corporate Governance, Risk Management and Sustainability Summit conducted by the ICD on 18 October 2022

2021

Ayala Integrated Corporate Governance, Risk Management and Sustainability Summit conducted by the ICD on 21 October 2021

Corporate Secretary

49, Filipino

Terms of office:
• June 15, 2022 to present

Committee memberships:
• None

Career and relevant experience:

Filipino, 49 years old, was elected as Corporate Secretary on June 15, 2022. He graduated with a degree of BA Political Science from University of the Philippines, Diliman in 1994 and Bachelor of Laws from San Beda College Manila in 1998. Currently, Vice President of Bank of the Philippine Islands and also holds the position as Asst. Corporate Secretary of Asset Management and Trust Corp. and BPI Investment Management, Inc. in June 15, 2022 and June 15, 2021, respectively.

Treasurer/Compliance Officer

51, Filipino

Terms of office:
• August 15, 2011 to present

Committee memberships:
• None

Career and relevant experience:
Filipino, 51 years old, was re-elected as Treasurer on July 29, 2022. She started her career with Ayala Plans in 1995 and was assigned in various Departments of the Company. She is currently an Assistant Director of Ayala Plans. She earned her college degree, BS Mathematics major in Actuarial Science from the University of Santo Tomas in 1992.