OSCAR M. LOPEZ, born April 19, 1930, Filipino, held the position of Chairman of First Gen Corporation from the company’s incorporation in December 1998 until January 2010, when the board of directors bestowed upon him the title Chairman Emeritus. He is also Chairman Emeritus and Chief Strategic Officer of First Philippine Holdings Corporation (FPH), and Chairman Emeritus of Rockwell Land Corporation (Rockwell) and Lopez Holdings Corporation (formerly Benpres Holdings Corporation), all of which are listed companies. He is Chairman Emeritus of Energy Development Corporation (EDC) and a member of the board of directors of listed company ABS-CBN Corporation. Mr. Lopez was conferred the degrees of Doctor of Humanities honoris causa by the De La Salle University and Ateneo de Manila University in 2010, and Doctor of Laws honoris causa by the Philippine Women’s University (2009) and the University of the Philippines (2012). Mr. Lopez has a master’s degree in Public Administration from the Littauer School of Public Administration (now the John F. Kennedy School of Government) at Harvard University (1955). Mr. Lopez also earned his Bachelor of Arts degree (cum laude) from Harvard University (1951).
FREDERICO R. LOPEZ, born August 5, 1961, Filipino, has been a member of the board since December 1998. He is Chairman and Chief Executive Officer (CEO) of publicly-listed companies First Gen and FPH. He is
also Chairman and CEO of EDC which was officially delisted from the Philippine Stock Exchange (PSE) effective November 29, 2018. He is a director of ABS- CBN Corporation, Vice Chairman of Rockwell, and Treasurer of Lopez Holdings Corporation, which are also listed companies. Mr. Lopez is Chairman of the Oscar M. Lopez Center for Climate Change Adaptation and Disaster Risk Management Foundation (OML Center) and the Sikat Solar Challenge Foundation, and President of Ang Misyon, Inc. He is a member of the board of trustees of the Forest Foundation Philippines, World Wildlife Fund Philippines, Philippine Disaster Resilience Foundation, and Teach for the Philippines. Mr. Lopez is a member of the New York Philharmonic International Advisory Board, Asia Business Council, World Presidents’ Organization, Chief Executives Organization, ASEAN Business Club, Management Association of the Philippines, Philippine Chamber of Commerce and Industry, European Chamber of Commerce of the Philippines, and Makati Business Club. Mr. Lopez is a graduate of the University of Pennsylvania with a Bachelor of Arts degree double major in Economics and International Relations (cum laude, 1983).
FRANCIS GILES B. PUNO, born September 1, 1964, Filipino, was first elected to the board in August 2005. He is President and Chief Operating Officer (COO) of First Gen. In October 2015 he assumed the position of President and COO of FPH, where he previously held the posts of Executive Vice President, Chief Finance Officer (CFO) and Treasurer. He sits in the boards of publicly-listed companies FPH and Rockwell. He is also a member of the board of directors of EDC. Mr. Puno previously worked as Vice President with the Global Power and Environmental Group of The Chase Manhattan Bank based in Singapore. He has a master’s degree in Management from the Kellogg Graduate School of Management of Northwestern University (1990) and a degree in Bachelor of Science in Business Management from Ateneo de Manila University (1985).
RICHARD B. TANTOCO, born October 2, 1966, Filipino, has been a director of the Corporation since August 2005. He is a Director and Executive Vice President of the Corporation, Executive Vice President of FPH, and President and Chief Operating Officer of EDC. First Gen and FPH are publicly-listed companies. Mr. Tantoco previously worked with the management consulting rm Booz, Allen and Hamilton, Inc. in New York and London. He has an MBA in Finance from the Wharton School of Business of the University of Pennsylvania (1993) and a Bachelor of Science degree in Business Management from Ateneo de Manila University where he graduated with honors (1988).
PETER D. GARRUCHO, JR., born May 4, 1944, Filipino, has been a member of the board since the company’s incorporation in December 1998. He is a member of the board of directors of listed company FPH. Mr. Garrucho is also a director and Vice Chairman of the Franklin Baker Company of the Philippines, a manufacturer and exporter of dessicated coconuts. Until his retirement in January 2008 as Managing Director for Energy of FPH, Mr. Garrucho held the positions of Vice Chairman and CEO of First Gen. Mr. Garrucho served in Government as Secretary of Tourism and Secretary for Trade & Industry during the administration of President Corazon C. Aquino. He was also Executive Secretary and the Presidential Advisor for Energy Affairs under President Fidel V. Ramos. In 2017, he was elected Chairman of the board of trustees of the Asian Institute of Management. Mr. Garrucho has an AB-BSBA degree from De La Salle University (1966) and a master’s degree in Business Administration from Stanford University (1971).
EUGENIO L. LOPEZ III, born August 13, 1952, Filipino, was rst elected to the board of directors in September 2009. He is Chairman Emeritus of ABS-CBN Corporation, a director of FPH and Rockwell, and Vice Chairman of Lopez Holdings, all of which are listed companies. Aside from leading ABS-CBN, he also serves as Chairman of Sky Cable Corporation and Play Innovations, Inc. Mr. Lopez earned a Bachelor of Arts degree in Political Science from Bowdoin College (1974), and a master’s degree in Business Administration from the Harvard Business School (1980).
JAIME I. AYALA, born March 24, 1962, Filipino, was elected Independent Director of the company in May 2013. He is the Founder and CEO of Hybrid Social Solutions, a social enterprise focused on empowering rural villages through solar energy. He was recognized as the Schwab Foundation Social Entrepreneur of the Year in 2013 and as the Ernst & Young Entrepreneur of the Year Philippines in 2012. Mr. Ayala was President and CEO of publicly-listed Ayala Land, Inc. and Senior Managing Director of Ayala Corporation. Prior to that, he was a director (global senior partner) at McKinsey & Company, where he played a number of global and regional leadership roles, including head of the rm’s Asian Energy Practice, and President of McKinsey’s Manila of ce. Mr. Ayala is a member of the National Advisory Council of the World Wildlife Fund, trustee of Stiftung Solarenergie – Solar Energy Foundation and Philippine Tropical Forest Conservation Foundation, and Chairman of Healthway Medical Inc. He earned his MBA from Harvard Business School (honors, 1988) and completed his undergraduate work in Economics at Princeton University (magna cum laude, 1984).
CIELITO F. HABITO, born April 20, 1953, Filipino, was elected Independent Director of the company in May 2016. An accomplished economist, Dr. Habito is a Professor of Economics at the Ateneo de Manila University and is also Chairman of Brain Trust Inc. and Operation Compassion Philippines. In 2013-2017, he headed the USAID Trade-Related Assistance for Development (TRADE) Project as Chief of Party (Project Leader). He also writes the twice-weekly column “No Free Lunch” in the Philippine Daily Inquirer. He is an Independent Trustee of Manila Water Foundation, Chairman of the Board of Advisers of the Asian Institute of Management’s TeaM Energy Center for Bridging Leadership, and Member of the Advisory Committee of the Japan International Cooperation Agency (JICA)-Philippines, Board of Trustees of the Ramon Magsaysay Foundation, National Advisory Council of WWF Philippines, and Council of Advisers of the Philippine Rural Reconstruction Movement, among others. Dr. Habito is the recipient of numerous awards including the Philippine Legion of Honor (1998), The Outstanding Young Men (TOYM) Award (for Economics) in 1991, Most Outstanding Alumnus of the University of the Philippines-Los Baños (UPLB) in 1993, and the Gawad Lagablab (Outstanding Alumnus Award) of the Philippine Science High School in 1991. He served in the Cabinet of former President Fidel V. Ramos throughout his 6-year presidency in 1992-1998 as Secretary of Socioeconomic Planning and Director- General of the National Economic and Development Authority (NEDA). Dr. Habito holds Ph.D. in Economics (1984) and Master of Arts (1981) degrees, both from Harvard University; a Master of Economics degree from the University of New England in Australia (1978); and a Bachelor of Science in Agriculture (Agricultural Economics) degree from the University of the Philippines (1975), where he graduated summa cum laude.
ALICIA RITA L. MORALES, born June 25, 1962, Filipino, was elected Independent Director of the company in May 2018. She is the Managing Director of John Clements Consultants, Inc., principally for its talent development and corporate learning division. She was instrumental in obtaining the partnership with Harvard Business Publishing, a wholly-owned subsidiary of Harvard Business School, in 2007. Ms. Morales has created leadership development programs for over 7,000 high potentials and senior leaders from leading multinationals and regional conglomerates in Southeast Asia. She was previously President of RCBC Securities, Inc., Director of the Securities Clearing Corporation of the Philippines and PCIB Securities, and Co-President of the Harvard Business School Club of the Philippines. Ms. Morales was the youngest Chairman of the PSE, a position she held for two (2) terms. She garnered The Outstanding Women in Nation’s Service (TOWNS) award for the category ‘Business- Stock Exchange’ in 2004, and the Triple A Award from Maryknoll/Miriam College in 2014. She is a member of the International Coach Federation, a certified coach of Zenger Folkman, and a certified discussion leader of the Harvard Business School. Ms. Morales is a certified public accountant with a Bachelor of Science degree in Business Administration and Accountancy from the University of the Philippines (1984) and an MBA from the J.L. Kellogg Graduate School of Management, Northwestern University, with a triple major in Finance, Marketing and Economics (1990). She is also a graduate of the Advanced Management Program from the Harvard Business School (2014).