Board of Directors

Ruben C. Tiu
Chairman of the Board

Mr. Ruben C. Tiu is concurrently the Chairman of Sterling Bank of Asia, Inc. (A Savings Bank), Discovery Country Suites, Inc., The Discovery Leisure Co., Inc. He is also a Chairman and President of Star Equities, Inc., JTKC Land, Inc., Hotel Systems Asia, Inc., Aldex Realty Corporation, Oakridge Properties, Inc., Union Pacific Ace Industries, Inc., Pan-Asean Multi Resources Corp, Demmik Holdings, Inc., and Demmik Realty Inc. He is a Director and President of JTKC Leisure Holdings Corporation (formerly JTKC Realty Corporation). He is the President of Club Asia, Inc. He is a Director and Executive Vice President of JTKC Equities, Inc. He is a Director of I-Remit, Inc., Cay Islands Corporation, Palawan Cove Corporation, Sonoran Corporation, and Tera Investments, Inc.

He was previously a director of Southern Visayas Property Holdings, Inc. (2003 - 2009), International Exchange Bank (1995 - 2006), and I - Remit, Inc. (2002 - 2004).

He holds a Bachelor of Science degree in Business Administration from the De La Salle University.



John Y. Tiu
Director and President

Mr. John Y. Tiu, Jr. is concurrently the Chairman and President of Discovery Fleet Corporation, Cay Islands Corporation, Palawan Cove Corporation, Sonoran Corporation, Long Beach Property Holdings, Inc., Balay Holdings, Inc., Tera Investments, Inc., JT Perle Corporation, One Cerrada Corporation, One Urdaneta Corporation, Ninety Nine Urdaneta Holdings Corp, One Luscara Corporation and One Legaspi Corporation. He is also the Director and President of Euro-Pacific Resorts, Inc., The Discovery Leisure Co Inc., Discovery Country Suites, Inc., and Lucky Cloud 9 Resort, Inc. He is a member of the Board of Directors of Sterling Bank of Asia, Inc. (A Savings Bank), I-Remit Inc., Oakridge Properties, Inc., Sagesoft Solutions, Inc., Lunch Bucks Gourmet, Inc., and Winstone Industrial Manufacturing Corp. He is a Director and Executive Vice President of Aldex Realty Corporation. He is a Director and First Vice President of JTKC Leisure Holdings Corporation (formerly JTKC Realty Corporation). He is a Director and Treasurer of Star Equities, Inc., JTKC Land, Inc., and JTKC Equities, Inc. He is the Chief Logistics Officer of TKC Metals Corporation.

He previously held positions as Treasurer of Southern Visayas Property Holdings, Inc. (2003 - 2009), Director and Treasurer of Touch Solutions, Inc. (2001-2013), Director and President of Fidelity Securities, Inc. (2000-2017), and Director of Enderun Colleges (2005-2017).

He holds a Bachelor of Science degree in Electrical Engineering Minor in Mathematics from the University of Washington in Seattle, Washington, USA.



Romualdo C. Macasaet
Director

Mr. Romualdo C. Macasaet is concurrently the Managing Director and a stockholder of JTKC Land, Inc. He holds a Bachelor of Science degree in Commerce from the De La Salle University and a Bachelor of Science degree in Architecture from the University of Santo Tomas.



Lamberto R. Villena
Director

Atty. Lamberto R. Villena is concurrently a Director of Sterling Bank of Asia, Inc. (A Savings Bank). He was previously the Sterling Bank’s former President and Chief Executive Officer (2006-2015), a Consultant to JTKC Equities, Inc. (2006 - 2009) and Executive Vice President (2004 - 2006) and Head of the Commercial Banking Group as Senior Vice President (1996 - 2004) of Rizal Commercial Banking Corporation. He was also past directors of Pacific Plans, Inc. (2005 - 2008) and Vitarich Philippines (2000 - 2002).

Atty. Villena holds a Bachelor of Laws Degree from the University of the Philippines and is a member of the Philippine Bar. He also holds a Master’s Degree in Business Administration from the same university and is an alumnus of the Ateneo de Manila University.



A. Bayani K. Tan
Director

Mr. A. Bayani K. Tan is a Director of the Corporation (since March 2013, Publicly-Listed). He is also a Director, Corporate Secretary or both of the following reporting and/or listed companies: Belle Corporation (since May 1994, Publicly Listed), Coal Asia Holdings, Inc. (since July 2012, Publicly-Listed), I-Remit, Inc. (since May 2007, Publicly-Listed), Pacific Online Systems Corporation (since May 2007, Publicly-Listed), Philequity Dividend Yield Fund, Inc. (since January 2013), Philequity Dollar Income Fund, Inc. (since March 1999), Philequity Fund, Inc. (since June 1997), Philequity Peso Bond Fund, Inc. (since June 2000), Philequity PSE Index Fund, Inc. (since February 1999), Premium Leisure Corporation (since December 1993, Publicly-Listed), Sterling Bank of Asia Inc. (since December 2006), TKC Metals Corporation (since February 2007, Publicly-Listed), Tagaytay Highlands International Golf Club, Inc. (since November 1993), Tagaytay Midlands Golf Club, Inc. (since June 1997), The Country Club at Tagaytay Highlands, Inc. (since August 1995), The Spa and Lodge at Tagaytay Highlands, Inc. (since December 1999) and Vantage Equities, Inc. (since January 1993, Publicly-Listed). He is the Managing Partner of the law offices of Tan Venturanza Valdez (since it was established in 1988), Managing Director/President of Shamrock Development Corporation (since May 1988), Director of Destiny LendFund, Inc. (since December 2005), Pascual Laboratories, Inc. (since March 2014), and Pure Energy Holdings Corporation (since October 2016), President of Catarman Chamber Elementary School Foundation, Inc. (since August 2012), Managing Trustee of SCTan Foundation, Inc. (since 1986), Trustee and Treasurer of Rebisco Foundation, Inc. (since April 2013) and Trustee and Corporate Secretary of St. Scholastica's Hospital, Inc. (since February 2011).

Mr. Tan holds a Master of Laws degree from New York University (Class of 1988) and earned his Bachelor of Laws degree from the University of the Philippines (Class of 1980) where he was a member of the Order of the Purple Feather (U.P. College of Law Honor Society) and ranked ninth in his class. Mr. Tan passed the bar examinations in 1981 where he placed sixth. He has a Bachelor of Arts major in Political Science degree from the San Beda College (Class of 1976) from where he graduated Class Valedictorian and was awarded the medal for Academic Excellence.



William L. Chua
Independent Director

Mr. William L. Chua, is concurrently an Independent Director of the Sterling Bank of Asia, Inc. (A Savings Bank). He is concurrently the Chairman of the Board, President and CEO of WSI Philippines, Inc., Leadtech Systems, Inc., and LSI Leading Technologies, Inc. He is also the Vice Chairman of Wordtext Systems, Inc., trustee of Adolfo S. Suzara Foundation, Inc., CEO and president of WS Pacific Publications, Inc., Chairman of the Board of Directors of Infotouch Systems, Inc., and Philmont Academic Solutions Inc. and member of the Board of Directors of the following companies: Nexus Technologies, Inc., Jupiter Systems, Inc., Information Technology Supplies Distributors, Inc., and Aikontech Systems, Inc., WSI Phonecare, Inc. and WSI Technologies Corporation.

Mr. Chua holds a Master’s Degree in Business Administration from the Santa Clara University and a Bachelor of Science Degree in Industrial Engineering from California State University in San Jose, CA.



Elizabeth Ann C. Parpan
Independent Director

Ms. Elizabeth Ann C. Parpan is concurrently the Treasurer of BISCOM, Inc. She is also the Corporate Secretary of A. Chan Sugar Corporation and Brent Schools, Inc. In addition, she also acts as a director in Morning Glow Development Corp., JEMFA Resources, Inc., Panay Eye Center, Inc., Therapeu-Tech, Inc., and Legaspi Towers 200 Condominium, Inc. She is a member of the Board of Trustees of Brent International School Manila, Inc. and Brent International School Baguio, Inc.

She was previously the Corporate Secretary (2011 – 2012), Director (2010 – 2012), and Assistant Manager (2008 – 2012) of Central Azucarera de Bais, Inc. and Executive Vice President of Hotel Enterprises of the Philippines, Inc. (1995 – 2009)

She was the valedictorian of the Hospitality Administration Program of the Centre International De Glion en Gruyere (Glion Hotel School) in 1994. She holds a Bachelor of Science degree in Management Honors, cum laude, from the Ateneo De Manila University.