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 stockholders and other stakeholders. The Board determines and reviews annually, together with Management, the Corporation's vision, mission, goals and strategies. The Board guides and takes the lead in the development of and approves the Company's business objectives and strategies annually, and monitors their implementation in order to sustain the Company's long-term viability and strength. (View: BEL Board of Directors' Charter.)

 

New Directors are provided an on-boarding/ orientation session by the Chief Compliance Officer. This session covers the Company's business and its objectives, By-Laws, Articles of Incorporation, Board Charter and corporate structure. In addition, the new Directors will be apprised about financial reporting, relationships with management and investors, and significant regualtions on governance and listing requirements.

 

JOSE T. SIO

Chairman - from April 24, 2017

Date of first appointment – December 2009

Chairman, Compensation and Remuneration Committee

Jose T. Sio

 

Mr. Jose T. Sio, 77, was elected Chairman of the Board of Directors on April 24, 2017. Concurrently, he is the Chairman of the Board of Directors of SM Investments Corporation, the President of SM Foundation, Inc., and GlobalFund Holdings, Inc. He is also a member of the Board of Directors of the following companies listed in the Philippine Stock Exchange (PSE): China Banking Corporation and Atlas Consolidated Mining and Development Corporation; he is also an Adviser to the Board of Directors of BDO Unibank, Inc. and Premium Leisure Corp.  Mr. Sio serves as Director of the following companies not listed in the PSE: OCLP (Ortigas) Holdings, Inc., Carmen Copper Corporation, First Asia Realty Development Corporation, Manila North Tollways Corporation, and CityMall Commecial Centers Inc.

Mr. Sio was a Senior Partner of Sycip Gorres Velayo & Co. (SGV). He was voted as CFO of the Year in 2009 by the Financial Executives Institute of the Philippines (FINEX). He was also awarded as Best CFO (Philippines) in various years by Hong Kong-based business publications such as Alpha Southeast Asia, Corporate Governance Asia, Finance Asia and The Asset. He is a Certified Public Accountant with a Master's degree in Business Administration (MBA) from New York University, USA.

 

 

WILLY N OCIER

Vice Chairman

Executive Director

Date of first appointment – June 1999<

Chairman, Executive Committee 

Willy N. Ocier

 

Mr. Ocier, 59, is one of the two Co-Vice Chairpersons of Belle Corporation. He has been a Vice Chairman of the Company’s Board of Directors and Chairman of the Company’s Executive Committee. His positions with associated companies are as follows: Chairman and President of Pacific Online Systems Corporation; Chairman of the Board and a 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. Mr. Ocier also sits as a Director of the following unaffiliated corporations: IVantage Equities, Leisure and Resorts World Corporation, Philippine Global Communications, Inc. and Toyota Corporation Batangas. He was formerly President and Chief Operating Officer of Eastern Securities Development Corporation. 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

Member, Executive Committee

Member, Compensation and Remuneration Committee

Chairperson, Corporate Social Responsibility Committee

Chairperson, Environmental and Social Committee

Elizabeth Anne C. Uychaco

 

Ms. Uychaco, 60, is one of the two Co-Vice Chairpersons of Belle Corporation. She is also Senior Vice President of SM Investments Corp., and a Board Director of Megawide Construction Corporation, Republic Glass Holdings Corp., and Generali Pilipinas Holding Company, Inc. She was formerly Senior Vice President and Chief Marketing Officer of Philippine American Life and General Insurance Company and Board Director of Philam Call Center. Prior to that, she was 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 Pacific in 1988 and a Master’s Degree in Business Administration from the Ateneo Business School in 1992.

 

 

MANUEL A. GANA

President and Chief Executive Officer

Executive Director

Date of first appointment – March 15, 2017 

Member, Executive Committee

Member, Compensation and Remuneration Committee

Manuel A. Gana

 

Mr. Gana, 59, was promoted to President and Chief Executive Officer and Director on March 15, 2017. He has served as the Executive Vice President and Chief Financial Officer of the Company since August 2007, and was previously appointed as Vice President and Chief Financial Officer in September 2000. 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.), a subsidiary of Belle. He is also a Director of Tagaytay Highlands International Golf Club, Inc. Previously, he was Director of Investment Banking at Nesbitt Burns Securities Inc. in New York. He also previously worked for Bank of Montreal and Merrill Lynch Capital Markets (both in New York), and for Procter & Gamble Philippine Manufacturing Corporation. Mr. Gana holds a Master of 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.

 

 

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 Premium Leisure Corp. (PLC), Belle Corporation and APC Group, Inc. Prior to this, he served as President and Chief Executive Officer and Director of PLC and Belle Corporation. 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 Asian Institute of Management.

 

 

GONZALO T. DUQUE

Director

Non-Executive Director

Date of first appointment – February 2017

Member, Corporate Social Responsibility Committee

Member, Environmental and Social Committee

Gonzalo T. Duque

 

Dr. Duque, 64, is a newly-designated Commissioner of the Social Security System. He began his professional career as a Hearing Officer in the Securities and Exchange Commission. He also served as Vice Governor of the Province of Pangasinan. After the completion of his term as an elective official, he moved to the Philippine Overseas Employment Administration where he served as Director IV and, later, as its Deputy Administrator. Thereafter, he served as Consultant of the House of Representatives Committee on Education, and of the Commission on Higher Education. He obtained his Bachelor of Arts (Major in Political Science) degree, as well as his Bachelor of Laws degree, from San Beda College-Manila. He also earned his Doctorate in Educational Management (meritissimus) from the University of the Visayas, and was conferred an honorary Doctor of Humanities degree by the University of Baguio.

 

 

WASHINGTON Z. SYCIP

Independent Director

Date of first appointment – May 1996

Chairman, Corporate Governance Committee

Chairman, Related Party Transactions Committee

Washington Z. Sycip

 

Mr. SyCip, 94, is an Independent Director of the Company. He is the founder of SGV & Co., an auditing and management consulting group with operations throughout East Asia. He is the Chairman Emeritus of the Board of Trustees and Board of Governors of the Asian Institute of Management; a Member of the Board of Overseers of Columbia University Graduate School of Business, New York; the Honorary Chairman of Euro-Asia Centre, INSEAD, Fontainbleau, France since 1989; a Member of the International Advisory Board, Council on Foreign Relations, New York (1995-2010); and an Honorary Life Trustee of the Asia Society, New York. Mr. Sycip is a Director of a number of major corporations in the Philippines and other parts of the world.

 

 

JACINTO C. NG, JR

Non-Executive Director

Date of first appointment – August 2000

Member, Executive Committee

Member, Audit Committee

Member, Board Risk Oversight Committee

Jacinto C. Ng, JR

 

Mr. Ng, 46, is a Director of the Company and concurrently a Director and Treasurer of Republic Biscuit Corporation and the Chief Executive Officer of Elanvital Enclaves, Inc. and Quantuvis Resources Corporation. Mr. Ng is also a Director of the following companies: Asia United Insurance Corporation, Highlands Prime, Inc., Manila Bay Development Corporation and Palm Concepcion Power Corporation. He holds a Bachelor of Science degree in Architecture from the University of the Philippines.

 

 

GREGORIO U. KILAYKO

Independent Director

Date of first appointment – February 2003

Chairman, Audit Committee

Member, Board Risk Oversight Committee

Member, Corporate Governance Committee

Member, Related Party Transactions Committee

Gregorio U. Kilayko

 

Mr. Kilayko, 60, is an Independent Director of the Company. He was founding head of ING Barings’ stockbrokerage and investment banking business in the Philippines, and a Philippine Stock Exchange Governor in 1996 and 2000. Mr. Kilayko holds a Master of Business Administration degree from the Wharton School of the University of Pennsylvania. Mr. Kilayko completed accounting courses during his MBA studies, and subsequently derived accounting experience relevant to being a financial analyst for ING Baring’s.

 

 

CESAR E.A. VIRATA

Lead Independent Director

Date of first appointment – May 1996

Chairman, Board Risk Oversight Committee

Member, Audit Committee/p>

Member, Corporate Governance Committee

Member, Related Party Transactions Review Committee

Cesar E.A. Virata

 

Mr. Virata, 85, is an Independent Director of the Company. He is the Chairman and President and Principal Consultant of C. Virata & Associates, Inc. Management Consultants. He is currently a Director and 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 and Land Developers, Inc. and Business World Publishing Corporation. He is a Trustee of a number of Foundation involved in education and health services. He holds an MBA from the University of Pennsylvania. Mr. Virata was formerly the Minister of Finance and Prime Minister of the Philippines. He completed accounting courses in both undergraduate and graduate studies, and is keeping up-to-date with changes in accounting standards and tax rulings.

 

 

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, 65, is a Director of the Company and a member of the Company's Executive Committee. She holds key positions in the SM Group of Companies. Ms. Yap has a Bachelor of Science Degree in Commerce, Major in Accounting from the University of Mindanao.