Belle Corporation's Board of Directors is responsible in fostering the long-term success of the Corporation – to sustain its competitiveness and profitability in a manner consistent with its corporate objectives and the best interests of its stakeholders, stockholders and partners. The Board determines and reviews annually, together with Management, the Corporation's vision, mission, objectives and strategies. The Board guides and takes the lead in the development and approval of the Company's business objectives and strategies annually, and monitors their implementation in order to sustain the Company's long-term viability and strength. The Board of Directors shall meet at least six (6) times a year, with meetings scheduled before or at the start of the year. 

 

To view the Belle Corporation Board of Directors' Charter, click here.

To view the Belle Corporation Board of Directors' Attendance to 2017 BOD Meetings, click here.

 

New Directors are provided with an on-boarding / orientation session by the Chief Compliance Officer. This session provides discussions about the Company's vision, mission, core values, its business, corporate objectives as well as the By-Laws, Articles of Incorporation, Board Charter, corporate structure and best corporate governance practices. In addition, the new Directors are apprised about financial reporting, relationships with management and investors, and significant regulations on compliance and listing requirements.

 

On December 14, 2017 and January 12, 2018, newly-elected Independent Director, Mr. Amando M. Tetangco, Jr., was provided with on-boarding sessions conducted by the Vice Chairperson, Chief Executive Officer, Chief Compliance Officer and Corporate Governance Head with topics mentioned above including matters related to the functions of the Risk Oversight Committee, which Mr. Tetangco chairs. 

 

The Company also provides general access to training courses to its directors as a matter of continuous professional education as well as to maintain and enhance their skills as directors, and keep their knowledge and understanding of the Company's business updated.

 

To view the training sessions attended, click here.

 

 

EMILIO S. DE QUIROS, JR.

Chairperson – from April 23, 2018

Date of First Appointment September 2010 up to April 2017

Re-elected on December 4, 2017

Chairperson, Corporate Social Responsibility Committee

Member, Compensation and Remuneration Committee

Member, Environmental and Social Committee

EMILIO S. DE QUIROS, JR.

 

Mr. De Quiros, 69, has served as a Director of the Company since September 2010 and served as Chairman of the Board from August 2016 until April 2017. He was re-elected as a Non-Executive Director on December 4, 2017, and re-appointed as Chairperson on April 23, 2018. He is also an independent director of Atlas Consolidated Mining and Development Corporation and an independent director of RCBC Savings Bank. He was previously the President and Chief Executive Officer of the Social Security System (SSS) and also served as a Director of UnionBank of the Philippines and Philhealth Insurance Corporation. Prior to his appointment as President of SSS, he served as Executive Vice President of Bank of the Philippine Islands and President of Ayala Life Insurance Inc., Ayala Plans Inc. and BPI Bancassurance, Inc. Mr. De Quiros graduated from Ateneo de Naga with a Bachelor of Arts in Economics degree (Cum Laude), and holds a Master of Arts in Economics degree from University of the Philippines.

 

WILLY N. OCIER

Vice Chairperson

Executive Director

Date of First Appointment June 1999

Chairperson, Executive Committee

Member, Environmental and Social Committee

 

Willy N. Ocier

 

Mr. Ocier, 61, is one of the two Co-Vice Chairpersons of Belle Corporation. His positions with associated companies are as follows: Chairman and President of Pacific Online Systems Corporation; Chairman of the Board and Director of APC Group, Inc., Premium Leisure Corp., and Premium Leisure and Amusement, Inc., Chairman of Tagaytay Midlands Golf Club, Inc., The Country Club at Tagaytay Highlands, Inc. and The Spa and Lodge Inc.; and Vice Chairman of Tagaytay Highlands International Golf Club, Inc. He is the Chairman, President, and Chief Executive Officer of Philippine Global Communications, Inc. Mr. Ocier also sits as a Director of the following unaffiliated corporations: AbaCore Capital Holdings, Inc., Leisure and Resorts World Corporation, Vantage Equities, Inc., Philequity Management, Inc., and Toyota Corporation Batangas. He graduated from Ateneo de Manila University with a Bachelor of Arts degree in Economics.

 

ELIZABETH ANNE C. UYCHACO

Vice Chairperson

Non-Executive Director

Date of First Appointment December 2009

Chairperson, Environmental and Social Committee

Member, Executive Committee

Member, Compensation and Remuneration Committee

Member, Corporate Social Responsibility Committee

Elizabeth Anne C. Uychaco

 

Ms. Uychaco, 62, is a Board Director and Co-Vice Chairperson of Belle Corporation. She is also a Senior Vice President at SM Investments Corporation, and a Board Director of Republic of Glass Holdings Corporation, BDO Life Assurance Company, Inc., Goldilocks Bakeshop, Inc., The Net Group and ACE Hardware Philippines, Inc. She was a Board Director of Megawide Construction Corp., Premium Leisure Corp., Premium Leisure and Amusement, Inc., and Transnational Diversified Corp. She was also formerly Senior Vice President and Chief Marketing Officer of Philippine American Life and General Insurance Company and Board Director of Philam Call Center, and Vice President of Globe Telecom Inc., Kuok Philippine Properties, Inc. and Transnational Diversified Corp. Ms. Uychaco graduated from St. Scholastica's College in 1978 with a Bachelor of Arts Degree. She obtained a Master's Degree in Business Economics from the University of Asia and the Pacific and Master's Degree in Business Administration from the Ateneo School of Business.

 

MANUEL A. GANA

President and Chief Executive Officer

Executive Director

Date of First Appointment March 2017

Member, Executive Committee

Member, Compensation and Remuneration Committee

Member, Corporate Social Responsibility Committee

Manuel A. Gana

 

Mr. Gana, 61, was promoted to President and Chief Executive Officer, and elected as a Director, on March 15, 2017. Mr. Gana was appointed as the Vice President and Chief Financial Officer of the Company in September 2000, and was promoted to Executive Vice President and Chief Financial Officer in August 2007. He joined Belle in 1997 as Vice President for Corporate Development and Special Projects, during which time he was also assigned as the Vice President Finance and Chief Financial Officer for MagiNet Corporation, then a subsidiary of Sinophil Corporation (now called Premium Leisure Corp.). He is also a Director of Tagaytay Highlands International Golf Club, Inc. Previously, he was a Director of Investment Banking at Nesbitt Burns Securities Inc. in New York. He also previously worked for the Bank of Montreal and Merrill Lynch Capital Markets (both in New York), and for Procter & Gamble Philippine Manufacturing Corporation. Mr. Gana holds a Business Administration Degree from the Wharton School of the University of Pennsylvania, and degrees in Accounting and Economics from De La Salle University. He is a Certified Public Accountant.

 

ARTHUR L. AMANSEC

Non-Executive Director

Date of First Appointment February 2018

Member, Corporate Social Responsibility Committee

Member, Environmental and Social Committee

Gonzalo T. Duque

 

Mr. Amansec, 71, is currently a Commissioner of the Social Security System and was first appointed in October 2016. Prior to his appointment to the Social Security System, he served as Labor Arbiter for the National Labor Relations Commission National Capital Region (NLRC-NCR). Mr. Amansec previously worked for the Siguion-Reyna, Montecillo and Ongsiako Law Offices and as counsel for the National Mines and Allied Worker's Union. He was also the founder and the first National President of the Christian Labor Organization of the Philippines.

He graduated from the University of the Philippines in 1967 with a Bachelor of Arts degree, and obtained his Bachelor of Laws degree at the San Beda College in 1972. He holds a Master of Laws degree from the University of South Wales, NSW, Sydney, Australia.

 

GREGORIO U. KILAYKO

Independent Director

Date of First Appointment February 2003

Chairperson, Audit Committee

Member, Risk Oversight Committee

Member, Related Party Transactions Committee

Member. Compensation and Remuneration Committee

Member, Corporate Governance Committee

Gregorio U. Kilayko

 

Mr. Kilayko, 63, is an Independent Director of the Company and serves as an Independent Director of SM Prime Holdings, Inc. He is the former Chairman of ABN Amro's banking operations in the Philippines. He was the founding head of ING Baring's stockbrokerage and investment banking business in the Philippines and a Philippine Stock Exchange Governor in 1996 and 2000. He was a director of the Philippine Stock Exchange in 2003. He took his Masters in Business Administration at the Wharton School of the University of Pennsylvania.

 

JACINTO C. NG, JR.

Non-Executive Director

Date of First Appointment August 2000

Member, Executive Committee

Member, Audit Committee

Member, Risk Oversight Committee

Jacinto C. Ng, JR

 

Mr. Ng, Jr., 49, is a Director of Belle Corporation and Highlands Prime, Inc. He is the Chairman of Elanvital Enclaves, Inc., and Quantuvis Resources Corporation, and the President of Everyhome Enclaves, Inc. and Extraordinary Enclaves, Inc. He is the Chairman of Joy~Nostalg Foundation, and a member of the Rebisco Foundation and XS86 Men for Others Foundation. Also, he is the Chairman of Xavier School Educational Trust Fund and a member of Xavier School Inc. Board of Trustees. He holds a Bachelor of Science degree in Architecture from the University of the Philippines.

 

JOSE T. SIO

Non-Executive Director

Date of First Appointment December 2009

Chairperson, Compensation and Remuneration Committee

Jose T. Sio

 

Mr. Jose T. Sio, 79, is a non-executive director and formerly the Chairman of the Board of Directors of the Company. Mr. Sio is concurrently the Chairman of the Board of Directors of SM Investments Corporation and a member of the Board of Directors of China Banking Corporation, Atlas Consolidated Mining and Development Corporation, NLEX Corporation and OCLP Holdings Inc. He is also an Adviser to the Board of Directors of BDO Unibank, Inc. and Premium Leisure Corporation. Mr. Sio was a Senior Partner of Sycip Gorres Velayo & Co. (SGV). He is a Certified Public Accountant and obtained his Master's Degree in Business Administration (MBA) from New York University, USA.

 

AMANDO M. TETANGCO

Independent Director

Date of First Appointment December 2017

Chairperson, Related Party Transactions Committee

Chairperson, Corporate Governance Committee

AMANDO M. TETANGCO, JR.

 

Mr. Tetangco, 65, is an Independent Director of the Company. He was the third Governor of the Bangko Sentral ng Pilipinas (BSP), where he served for two consecutive 6-year terms from July 2005 to July 2017. Under his leadership, the BSP managed to deliver the institution's primary mandate of maintaining price and financial stability in the country. The BSP also initiated and further strengthened regulatory reforms in the banking system to improve risk management, governance, capitalization and asset quality of banks, among others. A career central banker, he occupied different positions at the BSP, starting as a statistician at the central bank's Department of Economic Research and rose through the ranks. Before joining the monetary authority in 1974, Mr. Tetangco was connected with the Management Services Division of Sycip Gorres Velayo & Co. Mr. Tetangco graduated from Ateneo de Manila University with an AB Economics degree (Cum Laude) in 1973, where he also took up graduate courses in Business Administration. As a BSP scholar, he obtained his MA in Public Policy and Administration (Development Economics) in 1978 at the University of Wisconsin-Madison in Wisconsin, USA.

 

CESAR E.A. VIRATA

Lead Independent Director

Date of First Appointment May 1996

Chairperson, Risk Oversight Committee

Member, Audit Committee

Member, Corporate Governance Committee

Cesar E.A. Virata

 

Mr. Virata, 87, is an Independent Director of Belle Corp. He is currently the Vice Chairman of Rizal Commercial Banking Corporation (RCBC); and Director of RCBC subsidiaries and some affiliates. He is also an Independent Director of Lopez Holdings Corporation, City & Land Developers, Inc. and Business World Publishing Corporation. He is a Director of Cavitex Holdings Corporation, The World Trade Center Management Corporation and Micah Quality Property Development Corporation. Mr. Virata was formerly the Chairman of the Board of Investments, Minister of Finance and Prime Minister of the Philippines. He was Dean of the University of the Philippines College of Business Administration, now named the UP Virata School of Business. Mr. Virata holds an MBA from the Wharton School of the University of Pennsylvania and B.S. in Mechanical Engineering and B.S. in Business Administration degrees from the University of the Philippines.

 

VIRGINIA A. YAP

Non-Executive Director

Date of First Appointment July 2010

Member, Executive Committee

Member, Corporate Social Responsibility Committee

Member, Environmental and Social Committee

Virginia A. Yap

 

Ms. Yap, 66, is a Director of the Company. She is also a member of the Company's Executive, Corporate Social Responsibility and Environmental and Social Committees. Ms. Yap holds key positions in SM Investments Corporation and is a Senior Vice President in several companies within the SM Group. She is also a Director of the APC Group, Inc. She holds a Bachelor of Science in Commerce (Major in Accounting) degree from University of Mindanao.

 

FREDERIC C. DYBUNCIO

Adviser to the Board – from March 15, 2017

Date of first appointment – April 2013 

Frederic C. Dybuncio

 

Mr. DyBuncio, 57, is an Adviser to the Board of Directors of Belle Corporation, Premium Leisure Corp. (PLC) and APC Group, Inc. Prior to this, he served as President and Chief Executive Officer and Director of Belle Corporation and PLC. He is the President of SM Investments Corporation, the Vice Chairman and a member of the Board of Directors of Atlas Consolidated Mining and Development Corporation. He is also an Adviser to the Board of Directors of Pacific Online Systems Corporation. Before joining SM Investments Corporation and holding several positions in companies under the same, Mr. DyBuncio made a name for himself as a career banker. He spent over 20 years with JP Morgan Chase and its predecessor institutions. During this time, he was assigned in several major cities including New York, Seoul, Bangkok, Hong Kong and Manila. He graduated from Ateneo de Manila University with a Bachelor of Science degree in Business Management and obtained his Master’s degree in Business Administration program at the Asian Institute of Management.

 

WASHINGTON Z. SYCIP

Independent Director (until October 7, 2017)

Date of first appointment – May 1996

 

Washington Z. Sycip

 

Mr. SyCip served as an Independent Director of the Company from May 1996 until he passed in October 07, 2017. He was the founder of SGV & Co., an auditing and management consulting group with operations throughout East Asia. He was the Chairman Emeritus of the Board of Trustees and Board of Governors of the Asian Institute of Management; was a Member of the Board of Overseers of Columbia University Graduate School of Business, New York; was the Honorary Chairman of Euro-Asia Centre, INSEAD, Fontainbleau, France; was a Member of the International Advisory Board, Council on Foreign Relations, New York; and an Honorary Life Trustee of the Asia Society, New York. Mr. Sycip was a Director of a number of major corporations in the Philippines and other parts of the world.