JAIME ZOBEL DE AYALA - Bank of the Philippine Islands

JAIME 

ZOBEL DE AYALA 

FERNANDO 

ZOBEL DE AYALA 

34 

BOARD OF 

DIRECTORS 

JAIME AUGUSTO ZOBEL DE AYALA 

Chairman of the Board of Directors; director since 1990. Chairman and 

Chief Executive Officer of Ayala Corporation; Chairman of Globe Telecom, 

Inc., and Integrated Micro-Electronics Inc.; Vice Chairman of Ayala Land, 

Inc., and Manila Water Co., Inc.; Co-Vice Chairman of Mermac, Inc., 

and the Ayala Foundation. Director of BPI PHILAM Life Assurance Corp., 

Alabang Commercial Corporation, Ayala International Pte Ltd., and Ayala 

Hotels, Inc.; Member of the Mitsubishi Corporation International Advisory 

Committee, JP Morgan International Council, and Toshiba International 

Advisory Group. Philippine Representative to the Asia Pacific Economic 

Council; Chairman of Harvard Business School Asia-Pacific Advisory Board; 

Vice Chairman of the Asia Business Council; Member of Harvard University 

Asia Center Advisory Committee; Member of the Board of Trustees of 

the Eisenhower Fellowships, the Singapore Management University 

and Asian Institute of Management; Member of The Asia Society, the 

International Business Council of the World Economic Forum; Chairman 

of the World Wildlife Fund Philippine Advisory Council; Vice Chairman of 

The Asia Society Philippines Foundation, Inc., Co-Vice Chair of the Makati 

Business Club; and Member of the Board of Trustees of the Children’s 

Hour Philippines, Inc. 

BOARD 

OF DIREC 

AURELIO R. MONTINOLA III 

President of BPI, director since 2004. Chairman of BPI Direct Savings Bank, Inc., 

BPI/MS Insurance Corporation, BPI Computer Systems Corporation, LGU Guarantee 

Corporation, and Amon Trading Corp.; Chairman and Executive Director of Bank 

of the Philippine Islands (Europe) Plc; Director of BPI Family Savings Bank, Inc., 

BPI Capital Corporation, Ayala Land, Inc., BPI PhilamLife Assurance Corporation, 

BPI Bancassurance, Inc., Mere, Inc., and Western Resources Corp.; Vice-Chairman 

AURELIO 

& President of BPI Foundation, Inc.; Vice-Chairman of BPI Globe BanKO, Inc., and 

Republic Cement Corporation; Chairman of the Board of Directors and Trustee of East 

Asia Educational Foundation; Vice-Chairman and Trustee of Far Eastern University 

and Philippine Business for Education, Inc.; Vice-Chairman of A/P Regional Advisory 

Board of Directors of Mastercard Incorporated; President of Bankers Association of 

the Philippines; and Member of the Board of Trustees of Ayala Foundation, Inc., 

International School Manila, Pres. Manuel A. Roxas Foundation, Inc., Management 

MONTINOLA 

Association of the Philippines, and Makati Business Club. 

FERNANDO ZOBEL DE AYALA 

Director since 1994. Vice-Chairman, President and Chief Operating Officer 

of Ayala Corporation; Chairman of Ayala Land, Inc., Manila Water Company, 

Inc., Ayala DBS Holdings, Inc., and Alabang Commercial Corporation; Vice 

Chairman of Azalea Technology Investments, Inc.; Co-Vice Chairman of Ayala 

Foundation, Inc., and Mermac, Inc.; Director of Bank of the Philippine Islands, 

Globe Telecom, Inc., Integrated Micro-Electronics, Inc., Asiacom Philippines, 

Inc., Ayala Hotels, Inc., AC International Finance Limited, Ayala International 

Pte, Ltd., Member of the Asia Society, World Economic Forum, INSEAD East 

Asia Council, and the World Presidents’ Organization; Director of the Board 

of Habitat for Humanity International and Chairman of the Habitat for 

Humanity’s Asia-Pacific Steering Committee; Trustee, International Council 

of Shopping Centers; Member of the Board of Directors of Caritas Manila, 

Kapit Bisig para sa Ilog Pasig Advisory Board, Pilipinas Shell Corporation and 

Pilipinas Shell Foundation.

TORS 

BOARD 

OF DIRECTORS 

GERARDO 

ABLAZA,JR. 

GERARDO C. ABLAZA,JR. 

Director since 2001. Chairman of BPI Globe BanKO, Inc., Chairman, 

President and CEO of Manila Water Company, Inc.; Director of BPI 

Family Savings Bank, Inc., Asiacom Philippines, Inc., and Livelt 

Investments Limited; Director and Co-Vice Chairman of Globe 

Telecom, Inc., and Senior Managing Director of Ayala Corporation. 

ROMEO 

BERNARDO 

KHOO TENG 

CHEONG 

KHOO TENG CHEONG 

Director since June 16, 2010. Head and Senior Vice President of DBS 

Bank Ltd., Singapore Group Planning. 

CEZAR P. CONSING 

Director from February 1995 to January 2000 and from August 18, 

2004 to January 01, 2007. Independent Director from April 15, 2010 

onwards. Independent Director of First Gen Corporation, Jollibee 

Food Corporation, CIMB Group Holdings Berhad, CIMB Group Sdn 

Bhd and CIMB Securities International Pte Limited; and Director and 

Chairman of the Executive Committee of Premiere Development 

Bank, an investee company of The Rohatyn Group. 

ROMEO L. BERNARDO 

Director from February 1998 to April 2001. Independent Director from August 2002 onwards. 

President and Managing Director of Lazaro Bernardo Tiu & Associates, Inc.; Chairman and 

Independent Director of Ayala Life Fixed-Income Fund Peso, Dollar, Euro Bond Funds and 

Philippine Stock Index Fund, Inc; and Independent Director of BPI Family Savings Bank, Inc., 

BPI Capital Corporation, BPI Direct Savings Bank, Inc., BPI Leasing Corporation, BPI Rental 

Corporation, Ayala Plans, Inc., BPI/MS Insurance Corporation, BPI Globe BanKO, Inc., BPI 

Forex Corporation, BPI Bancassurance, Inc., BPI PhilamLife Assurance Corporation, Philippine 

Investment Management, Inc., Aboitiz Power Corporation, National Reinsurance Investment 

Corporation of the Philippines, Globe Telecom, Inc., and RFM Corporation. 

CEZAR 

CONSING 

35

REBECCA 

FERNANDO 

REBECCA G. FERNANDO 

XAVIER 

LOINAZ 

36 

OCTAVIO 

ESPIRITU 

OCTAVIO V. ESPIRITU 

Director since April 2000. Independent Director from 

April 2002 onwards. Chairman of Delphi Group, Inc.; 

Chairman & President of MAROV Holding Company, 

Inc.; and Director of International Container Terminal 

Services, Inc., Netvoice, Inc., Pueblo de Oro Golf and 

Country Club, SM Development Corporation and Digital 

Telecommunications Philippines, Inc. 

Director from 1995 to 2007 and was re-elected in 

2009. Director of BPI Family Savings Bank, Inc., and 

BPI Capital Corporation; and Financial Consultant and 

member of the Finance Board of The Roman Catholic 

Archbishop of Manila and the Finance Board of The 

Roman Catholic Archbishop of Antipolo. 

XAVIER P. LOINAZ 

Director since 1982. Independent Director from March 31, 2009 

onwards. Independent Director of BPI Family Savings Bank, Inc., 

BPI Capital Corporation, BPI Direct Savings Bank, Inc., BPI/MS 

Insurance Corporation, Ayala Corporation and Globe Telecom, 

Inc.; Chairman of the Board of Directors of Alay Kapwa Kilusan 

Pangkalusugan; and Member of the Board of Trustees of BPI 

Foundation, Inc., and E. Zobel Foundation. 

MA YUEN 

LIN ANNIE 

MA YUEN LIN ANNIE 

Director since 2007. She is also a member of the BPI Trust 

Committee. Managing Director, Sales and Distribution Group of DBS 

Bank (HK) Ltd.

MERCEDITA 

NOLLEDO 

MERCEDITA S. NOLLEDO 

Director since 1991. Chairman of the Board of Directors of BPI 

Investment Management, Inc., and AG Counselors Corporation; 

Director, Senior Managing Director, Corporate Secretary and Senior 

Counsel of Ayala Corporation; Director and Corporate Secretary 

of Ayala Land, Inc.; Director of BPI Family Savings Bank, Inc., BPI 

Capital Corporation, Anvaya Cove, Ayala Automotive Holdings, Inc., 

Ayalafil, Inc., Honda Cars Cebu, Inc., Honda Cars Makati, Inc., HCMI 

Insurance Agency, Inc., Isuzu Automotive Dealership, Inc., Isuzu 

Cebu, Inc., and Mandaue Primeland, Inc.; and Member of the Board 

of Trustees of Ayala Foundation, Inc., and BPI Foundation, Inc. 

ARTEMIO 

PANGANIBAN 

ARTEMIO V. PANGANIBAN 

Independent Director of BPI since April 15, 2010. Independent 

Director of Manila Electric Company, Petron Corporation, First 

Philippine Holdings Corporation, Metro Pacific Investment 

Corporation, Metro Pacific Toolways Corporation, Robinsons Land 

Corporation, GMA Network, Inc., GMA Holdings, Inc., and Asian 

Terminals; Chairman, Board of Advisers, Metrobank Foundation, 

Inc.; Chairman, Board of Trustee, Philippine Dispute Resolution 

Center, Inc.; and President, Manila Cathedral – Basilica Foundation. 

OSCAR S. REYES 

Director since April 2003. Chairman of Link Edge, Inc., and MRL Gold 

Philippines, Inc.; Independent Director of Ayala Land, Inc., Alcorn Gold 

Resources Corporation, Manila Water Company, Pepsi Cola Products 

Philippines, Inc., Basic Energy Corporation, Sun Life Financial Plans, 

Inc., Sunlife Prosperity Dollar Abundance Fund, Sunlife Prosperity 

Dollar Advantage Fund, and Petrolift Corporation; Director of 

Philippine Long Distance Telephone Co., SMART Communications, 

Inc., and Mindoro Resources Ltd; and Chief Operating Officer of 

Manila Electric Company. 

OSCAR 

REYES 

CHNG SOK HUI 

Director of BPI since April 2003. Director of Ayala DBS Holdings, 

Inc., Asean Finance Corporation Ltd., and Asfinco Singapore, Ltd., 

Managing Director and Chief Financial Officer of DBS Bank Ltd. 

(Singapore) and Supervisor of DBS China, Ltd.; and Member of 

Housing and Development Board, Accounting Standards Council and 

Tax Advisory Committee. 

CHNG 

SOK HUI 

37

JAIME ZOBEL DE AYALA - Bank of the Philippine Islands

Create successful ePaper yourself

Delete template?

Save as template?