Mr. Lazaro has been a director of ACEN since September 2022. He holds the following positions in publicly listed companies: chairman of Integrated Micro-Electronics, Inc. and ACEN Corporation; and director of Globe Telecom, Inc. (“Globe”). His other significant positions include: chairman of Atlas Fertilizer & Chemicals Inc., chairman and president of A.C.S.T. Business Holdings, Inc. and AYC Holdings Ltd.; co-vice chairman and president of Asiacom Philippines, Inc.; director of AC Energy and Infrastructure Corporation (“ACEIC”), AC Industrial Technology Holdings, Inc., AC International Finance, Ltd., Purefoods International Limited and Probe Productions, Inc. He is an independent adviser to the Board of Directors of Ayala Land, Inc. (“ALI”) and a member of the BPI Advisory Council.
Mr. Lazaro obtained his MBA (with Distinction) at Harvard Graduate School of Business in 1971. He graduated with a B.S. Metallurgical Engineering degree from the University of the Philippines in 1967.
Mr. Consing is the President and Chief Executive Officer of publicly-listed Ayala Corporation (“AC”) and has been a Director thereof since 3 December 2020. He has been a member of the Ayala Group Management Committee since April 2013. He is also a Director of the Bank of the Philippine Islands (“BPI”) and Globe, both of which are publicly-listed subsidiaries of AC. He is also advisor of the board of ALI. He is the Chairman of Philippine Dealing System Holdings and its three operating subsidiaries since 2010. He is also a Director of the Myanmar-listed First Myanmar Investment Public Company Limited. Concurrently, he is the Vice Chairman of AC Infrastructure Holdings Corporation, AC Industrial Technology Holdings, Inc., AC Energy and Infrastructure Corporation, and Ayala Healthcare Holdings, Inc., and a Director in Asiacom Philippines, Inc. Mr. Consing is Vice Chairman of BPI’s executive committee, and a board director of its investment bank, microfinance bank and asset management company. He is currently a board trustee of the Philippine-American Educational Foundation, which selects the Fulbright scholars, a member of the National Mission Council of De La Salle Philippines, a board trustee of the College of St. Benilde, and a board trustee of the Manila Golf Club Foundation. He is a board director of Filgifts.com. He has been a member of the Trilateral Commission since 2014. Mr. Consing was a Senior Managing Director of AC and President and CEO of BPI from 2013 to 2021. In the latter capacity, he served as the chairman of BPI’s thrift bank, investment bank, UK-registered bank, microfinance bank, property and casualty insurance joint venture and leasing and rental joint venture and board director of its asset management company and its life insurance joint venture. He served as Chairman and President of the Bankers Association of the Philippines from2019 – 2021, and President of Bancnet, Inc. from 2017 – 2021. Mr. Consing was a Partner of The Rohatyn Group from 2004 – 2013. He headed its Hong Kong Office and its private investing business in Asia and was a board director of its real estate and energy and infrastructure private equity investing subsidiaries. He worked for J.P. Morgan & Co. in Hong Kong and Singapore from 1985 – 2004. He headed the firm’s investment banking business in Asia Pacific (ex Japan) from 1997 – 2004 and served as President of J.P. Morgan Securities (Asia Pacific) Ltd. As a senior Managing Director, Mr. Consing was a member of the firm’s Global Investment Banking Management Committee, its Asia Pacific Management Committee, and its Global Managing Director Selection Committee. Further, he worked for BPI from 1981 – 1985, joining as a management trainee and eventually rising to Assistant Vice President. During this period, and on a part-time basis, he taught Economics in theMBA program of De La Salle University. Mr. Consing has served as an independent board director of four publicly listed companies in Asia: Jollibee Foods Corporation (2010 – 2021), CIMB Group Holdings (2006 – 2013), First Gen Corporation (2005 – 2013), and National Reinsurance Corporation (2014 – 2019), where he also served as Chairman (2018 – 2019). He has served as a board director of the Singapore-based SQREEM Technologies, the Singapore-listed Yoma Strategic Holdings Ltd, the Hongkong-based Asian Youth Orchestra, the US-Philippines Society, Endeavor Philippines, and La Salle Greenhills.
Mr. Consing obtained his M.A. in Applied Economics from the University of Michigan in 1980. He graduated with an A.B. Economics degree (Accelerated Program), magna cum laude, from De La Salle University in 1979.
Eric Francia is the President and CEO of ACEN Corporation and serves on its board of directors. He is also a Senior Managing Director and member of the Management Committee of Ayala Corporation. Under his leadership, Ayala established its energy platform from a standing start in 2011, to become one of the largest renewable energy platforms in the region, with ~4,800 MW of attributable renewables capacity across Asia Pacific.
Mr. Francia has also led pioneering initiatives in early coal retirement, including the successful completion of the world’s first market-based Energy Transition Mechanism (ETM).
Mr. Francia earned a Master’s Degree in Management Studies at the University of Cambridge in the United Kingdom, graduating with First Class Honors. He received his undergraduate degree in Humanities and Political Economy from the University of Asia & the Pacific, graduating magna cum laude.
Mr. Almendras concurrently serves as senior managing director of Ayala Corporation and president & chief executive officer of AC Infrastructure Holdings Corporation. He is also a member of the Ayala Group Management Committee since August 2016. He is also a director and a member of the Executive Committee of Manila Water; and director of the following companies within the Ayala group: AF Payments Inc., Light Rail Manila Holdings, Inc., MCX Tollway Inc., AC Energy and Infrastructure Corporation (formerly AC Energy, Inc.) and ACEN Corporation (formerly AC Energy Corp.).
He spent 13 years with the Citibank group where he started as a management trainee and landed his first CEO position as president of City Savings Bank of the Aboitiz Group at the age of 37. In 2011, he was recognized by the World Economic Forum as a Sustainability Champion for his efforts as president of Manila Water. During his stint as Manila Water’s president and chief operating officer, the company received multiple awards and was recognized as one of the Best Managed Companies in Asia, Best in Corporate Governance, one of the Greenest Companies in the Philippines and hailed as the world’s Most Efficient Water Company. Under the Administration of President Benigno S. Aquino III, Rene served as a member of the Cabinet holding the position of Secretary of the Department of Energy, Office of the Cabinet Secretary and the Department of Foreign Affairs. In June 2016, he was acknowledged by the administration for his remarkable performance in addressing the country’s urgent issues and was awarded the highest Presidential Award given to a civilian — Order of Lakandula, Rank of Gold Cross Bayani.
He graduated from Ateneo de Manila University with a degree in Bachelor of Science in Business Management in 1981.
Mr. Zobel de Ayala has been a director of the Company since September 2022. He currently heads the Business Development and Innovation units of Ayala Corporation (AC). He is also the co-deputy Head of AC’s Corporate Strategy Group. He is a member of the Board of Directors of ENEX Energy Corp., AyalaLand Logistics Holdings Corp., and MCT Berhad, publicly listed companies in the Philippines and Malaysia, respectively. He is also a director of AC Ventures Corporation, BPI Capital Corporation, BPI Direct BanKo Inc. and ACEN International, Inc.
He is the chairman of Global Ideas Committee of the Makati Business Club and a member of the Investment Committee of the Kickstart Ventures Inc. Previously, he was head of Business Development (Prepaid Division) of Globe Telecom. Before joining the Ayala group, he was an Analyst at Goldman Sachs Singapore under the Macro Sales Desk (FICC Division).
Mr. Zobel de Ayala obtained a Master’s Degree in Business Administration from Columbia Business School, New York, in 2019. He graduated from Harvard University with a Primary Concentration in Government in 2013.
Ms. Goh is a senior vice president at GIC Private Limited’s (GIC) infrastructure practice, where she has coverage responsibility for the Asia-Pacific region with prior experience investing in the US and Europe. GIC was established in 1981 as a private company, wholly-owned by the Government of Singapore, to manage the foreign reserves of Singapore. It is one of the world’s largest global investors, with well over U.S.$100 billion of assets in more than 40 countries worldwide. She has been a member of GIC’s infrastructure practice since 2008.
Ms. Goh has an MSc in Management Science & Engineering from Stanford University and a BSc in Mathematics with Statistics for Finance from Imperial College London.
Mr. Travers has occupied senior executive roles in the energy sector for more than 25 years and is experienced in multi-disciplinary projects covering global markets, mergers and acquisitions, deal structuring and project development. He has been active in Europe, North America, Asia and Australia leading teams developing conventional and renewable energy projects for ENGIE, a global electricity utility and energy service company. Prior to leaving ENGIE in 2019, he occupied positions of senior vice president for Business Development in Indonesia and general manager for ENGIE Renewables Australia, which was responsible for the development of 2 GW of wind and solar projects. He is currently active in the clean energy and climate tech sectors in Australia and Indonesia as a founder, mentor and advisor.
Mr. Travers has a PhD in Electrical Engineering, Bachelor of Engineering and a Bachelor of Science from University of NSW.
Mr. Lester, Australian, was formerly managing director with leading independent investment banking firm Evercore Inc. and held senior executive positions with J.P. Morgan & Co, The Rohatyn Group, and KPMG. He has advised on numerous landmark public and private market M&A transactions, private and public equity and debt investments and financings across a broad spectrum of industries including: power generation, renewable technologies, forestry products, natural gas distribution, engineering/infrastructure consulting services, petroleum refining and distribution, industrial products, consumer products, medical products, real estate, banking and investment management, among others.
Mr. Lester previously served as non-executive director on various boards of banking, financial and investment companies during his career and has been licensed by relevant Securities, Futures and Investment Ordinances as a professional corporate adviser and investment manager in multiple jurisdictions including: U.S., Australia, Hong Kong and Singapore.
Mr. Lester holds a Bachelor of Commerce Degree with First Class Honours (1988) and a Master of Financial Management Degree (1990), both from the University of Queensland and is a Chartered Accountant Fellow with Chartered Accountants Australia and New Zealand.
Ms. Ocampo is an independent director of ACEN Corporation (formerly AC Energy Corp.). She served as president of the Philippine Electricity Market Corporation, a non-stock, non-profit private organization that governs the country’s wholesale electricity spot market, from 27 March 2009 until 31 July 2017. Her experience includes developing energy policies and programs as undersecretary of the Department of Energy from May 2005 to December 2007. She was also involved in electric utility system regulation, planning and technical feasibility of electric power generation, transmission and distribution systems, including granting of electric franchises to both electric cooperatives and private distribution utilities. She has extensive knowledge of energy regulation, including petroleum and electricity pricing and competition rules, and has provided consulting services to legislators on electricity pricing, particularly on the power purchased adjustments. She was also a consultant in the World Bank’s project on Electric Cooperatives system loss reduction program and to the USAID under the Asia Foundation in its project to introduce open access and competition in the coverage of the Philippine Economic Zone. She was a board member (February 1996 to June 1998) and Chairman (August 1998 to August 2001) of the Energy Regulatory Board (now Energy Regulatory Commission). She served as a division chief (October 1979 to November 1988) and a director (December 1988 to February 1996) of the National Electrification Administration.
In 1977, Ms. Ocampo obtained her bachelor of science degree in Commerce, Major in Accounting from the Republic Central Colleges, in Angeles City, Pampanga. She received her MBA from the University of the Philippines, Diliman, Quezon City. She is a certified public accountant.
Mr. Ang, Filipino, is currently an independent director of BPI Capital Corporation, BPI Asset Management and Trust Company, BPI AIA Life Assurance Corporation, BPI/MS Insurance Corporation, and BPI International Finance Limited. He was previously an independent director of BPI Securities Corporation (August 2022-February 2023), head (resident representative) of the Philippine office of the International Finance Corporation (2007-2015), CFO of Philippine International Air Terminals Company, Director for Global Structured Finance, New York City branch of Australia New Zealand Bank (1994-1998), vice president for Trade and Commodity Finance, New York City branch of Generale Bank (1988-1994), assistant vice president in the Asia Division, Irving Trust Company in New York City (up to 1998), budget analyst for the Philippine National Oil Company (1982-1983), and lecturer at the Department of Industrial Engineering of the University of the Philippines – Diliman (1981-1982).
Mr. Ang received his BS Industrial Engineering degree from the University of the Philippines in 1981 and his Master of Business Administration from the University of Pennsylvania in 1985.
Ms. Heras-de Leon, Filipino, previously served as managing director and member of the management committee of Ayala Corporation (2011-2015) and president of Ayala Foundation, Inc. (2011-2015). She was also vice president for policy, government, and public affairs of Chevron Geothermal Philippines Holdings (1997-2011), where she led corporate affairs for Chevron’s geothermal and natural gas interests and activities in the Philippines.
Ms. Heras-de Leon has held various leadership positions in Greater Houston Partnership and First City National Bank of Texas. She was a former trustee of Assumption Antipolo, Museo de La Salle, Word Wildlife Fund-Philippines, and Asia Society Philippines. She also served on the Advisory Board of Texas Children’s Hospital and Asia Society Texas.
Ms. Heras-de Leon holds a Master of Business Administration from the Thunderbird School of Global Management and a Bachelor of Arts degree in Asian Studies from the University of British Columbia.
35F Ayala Triangle Gardens Tower 2
Paseo de Roxas cor. Makati Avenue
Makati 1226 Philippines
Tel: +(632) 7-730-6300
© Copyright 2024 ACEN. All Rights Reserved.
To report any illegal act, wrongdoing, malpractice, risk
to the corporation, or any violation of company policy:
*All reports shall be treated in confidence and the identity of the whistleblower
will be protected. The whistleblower shall be protected from all forms of