BOARD OF DIRECTORS
Cezar Consing
Chairman
|
Date of Appointment |
April 2021 |
|
Length of Service |
4 years |
|
Committees |
Executive (C), Personnel and Compensation |
MR. CONSING is the Chairman of ACEN and has been a Director of the Company since April 2021. He holds the following positions in publicly listed companies: President & CEO of Ayala Corporation, and the Vice Chairman of the Bank of the Philippine Islands (BPI), Ayala Land, Inc., and Globe Telecom, Inc. He has been a member of the Ayala Group Management Committee since April 2013. In addition, he holds various positions in the Ayala Group’s unlisted companies, including Chairman of AC Logistics Holdings Corporation, AC Infrastructure Holdings Corporation, AC Industrial Technology Holdings, Inc., AC Ventures Holding Corp., and AC Mobility Holdings Incorporated.
He is also the Vice Chairman of AC Energy and Infrastructure Corporation and Ayala Healthcare Holdings, Inc., and serves as a Director of Asiacom Philippines, Inc. and ACEN International, Inc. He is the Chairman of the Philippine Dealing System and the College of St. Benilde. He is a member of the Trilateral Commission and serves on the boards of trustees for the Philippine-American Educational (Fulbright) Foundation, the Philippines-Japan Economic Cooperation Committee, and the Manila Golf Club Foundation. Mr. Consing was President & CEO of BPI from 2013-2021. He was a Partner & Co-Head for Asia of the Rohatyn Group from 2004 to 2013. He was an investment banker with J.P. Morgan & Co. from 1985-2004. For seven years, Mr. Consing was the Head or Co-Head of Investment Banking for Asia Pacific and President of J.P. Morgan Securities Asia. He worked for BPI from 1981 to 1985. Mr. Consing has previously served as Chairman and President of the Bankers Association of the Philippines, President of Bancnet, and Chairman of the National Reinsurance Corporation. He has previously served as an independent director of Jollibee Foods Corporation, CIMB Group Holdings Berhad and First Gen Corporation.
He served as a board director of the Asian Youth Orchestra, the US-Philippines Society, La Salle Greenhills, Endeavor Philippines, and International Care Ministries.
Mr. Consing obtained an M.A. in Applied Economics from the University of Michigan, Ann Arbor and an A.B. Economics degree (Accelerated Program), magna cum laude, and the gold medal for Economics, from De La Salle University, Manila.
Gerardo Ablaza, Jr.
Vice Chairman
|
Date of Appointment |
April 2024 |
|
Length of Service |
1 year |
|
Committees |
Executive |
MR. ABLAZA is the Vice Chairman of ACEN and has been a Director of the Company since April 2024. He holds the following positions in publicly listed companies: Chairman of ENEX Energy Corp., and director of Advanced Info Services, PLC (Thailand), iPeople, Inc., and Roxas and Company Inc. He is also a director in other Philippine corporations operating in the fields of retail banking, property development, education, infrastructure, and health. He is also a member of the Board of Trustees in a number of non-profit foundations engaged in social initiatives, namely Ayala Foundation, BPI Foundation, and Gawad Kalinga Foundation. He previously served as director of the Company from 1 July 2019 until 18 March 2021.
Mr. Ablaza retired from full-time executive work in 2017, after performing various corporate executive roles over a period of 43 years. His experience spanned a variety of industries: FMCG, agribusiness, retail banking, telecommunication and water distribution. He served as President and CEO of Manila Water Company (PLC) from June 2010 to April 2017. Prior to this, Gerry was the Chief Operating Officer of Globe Telecom, Inc. in 1997, and its President and CEO from 1998 to April 2009.
He graduated as summa cum laude and obtained his degree in Liberal Arts (Honors Accelerated Program) with a major in Mathematics from the De La Salle University.
Eric Francia
Director
|
Date of Appointment |
May 2019 |
|
Length of Service |
6 years |
|
Committees |
Executive |
MR. 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 ~7 GW 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 is undergraduate degree in Humanities and Political Economy from the University of Asia & the Pacific, graduating magna cum laude.
Jaime Alfonso Zobel de Ayala
Director
|
Date of Appointment |
September 2022 |
|
Length of Service |
2.5 years |
|
Committees |
N/A |
MR. ZOBEL DE AYALA is a Director of ACEN. He also serves as director in publicly listed companies AyalaLand Logistics Holdings Corp. and Globe Telecom, Inc. He is the Chief Executive Officer of ACMobility, a platform for mobility solutions including automotive distribution, dealership, aftersales services, and electric vehicle infrastructure.
He is also a director of AC Industrials, Isuzu Philippines, and BPI Capital Corporation, among others. He has been appointed as a member of the Inter-Agency Investment Promotion Coordination Committee (IIPCC), as the sole private sector representative of the National Capital Region of the Republic of the Philippines. Prior to his role in ACMobility, he was the Co-Head of the Strategic Development Group and Head of Business Development and Digital Ventures of Ayala Corporation.
Mr. Zobel de Ayala holds a master’s degree in Business Administration from Columbia Business School, New York. He graduated from Harvard University with a Primary Concentration in Government.
Jaime Urquijo
Director
|
Date of Appointment |
April 2024 |
|
Length of Service |
1 year |
|
Committees |
Sustainability (C), Executive |
MR. URQUIJO is a Director of ACEN. He holds the following positions in publicly listed companies: Chief Sustainability and Risk Officer (CSRO) of Ayala Corporation, and director of Integrated Micro-electronics, Inc. and Bank of the Philippine Islands. He also serves as director of BPI/MS Insurance, AC Industrial Technology Holdings, Inc., AC Ventures Holdings Corp., and Chairman of Klima 1.5 Corp. He is Vice Chairman of the Board of Trustees and Chairman of the Executive Committee of Ayala Foundation, a member of the Board of Trustees and Chief Executive Officer of WeAreAyala Business Club, Inc., and an Independent Advisor to the Board of Directors of Ayala Land Inc. He is also part of the board of WWF Philippines, the European Chamber of Commerce of the Philippines (ECCP), Makati Central Estate Association, Inc. (MACEA), and the Hero Foundation.
Mr. Urquijo was previously vice president for business development of the company, during which he led initiatives to expand the group’s portfolio of assets in the Philippines, Vietnam, Myanmar, and Indonesia. Prior to this, he served
as the head of business development for AF Payments, Inc., which created the Beep Card payment system, the country’s first interoperable public transport payment card. Prior to joining the Ayala Group, Mr. Uquijo was an associate at JP Morgan in New York.
He received his MBA from INSEAD in France and his Bachelor of Arts degree in Political Science from the University of Notre Dame in the US.
Nicole Goh Phaik Khim
Director
|
Date of Appointment |
March 2021 |
|
Length of Service |
4 years |
|
Committees |
Audit, |
MS. GOH is a Director of ACEN. She is Head, Asia China at GIC Infrastructure. She has coverage responsibility for the Asia-Pacific region with prior experience investing in the U.S. 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 US$100 billion of assets in more than 40 countries worldwide. Ms. Goh has been a member of GIC’s infrastructure practice since 2008.
Ms. Goh has a master’s degree in Management Science and Engineering from Stanford University and a bachelor’s degree in Mathematics with Statistics for Finance from Imperial College London.
Dean Travers
Director
|
Date of Appointment |
April 2022 |
|
Length of Service |
3 years |
|
Committees |
N/A |
MR. TRAVERS is a Director of ACEN. He 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 Business Development, Indonesia, and General Manager, ENGIE Renewables Australia, which was responsible for the development of 2GW of wind and solar projects. Dean is currently active in the clean energy and climate tech sectors in Australia and Southeast Asia. He is a member of the board of Australian Renewable Energy Agency (ARENA) and a partner with NEXCatalyst,a climate tech impact fund focused on Indonesia, Vietnam and the Philippines.
Mr. Travers is a member of the Australian Institute of Corporate Directors (GAICD) and holds a doctorate (PhD) in Electrical Engineering, a Bachelor of Engineering (BE) and a Bachelor of Science (BSc) from the University of NSW.
Garry Lester
Independent Director
|
Date of Appointment |
April 2023 |
|
Length of Service |
2 years |
|
Committees |
Audit (C), |
MR. LESTER is an Independent Director of ACEN. He 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 where he advised on important cross-border M&A deals across a broad spectrum of industries including power generation and renewable technologies.
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.A., Australia, Hong Kong and Singapore.
Mr. Lester is a Chartered Accountant Fellow with Chartered Accountants Australia and New Zealand. He holds a Master of Financial Management degree and a Bachelor of Commerce degree awarded with First Class Honours, both from the University of Queensland.
Melinda Ocampo
Independent Director
|
Date of Appointment |
September 2019 |
|
Length of Service |
5.5 years |
|
Committees |
Board Risk Management & Related Party Transactions (C), |
MS. OCAMPO is an Independent Director of ACEN. She is also an independent director of publicly listed company ENEX Energy Corp. since 25 April 2022. She currently serves as consultant to the Ricardo Energy and Environment Consulting Firm, a United Kingdom-based company, for a project entitled, “The Philippines Grid Diagnostic and Roadmap for Smart Grid Development.” Said project is under the funding support of the United Nations Office for Project Services, with the main task of establishing and developing governance issues to implement the project. Ms. Ocampo served as President of the Philippine Electricity Market Corporation (“PEMC”), a nonstock, 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 the open access and competition in the coverage
of Philippine Economic Zone (PEZA). 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.
Ms. Ocampo is a certified public accountant. She earned her master’s degree in Business Administration from the University of the Philippines, Diliman, and holds bachelor’s degree Commerce, major in Accounting from the Republic Central Colleges in Angeles City, Pampanga.
Jesse Ang
Independent Director
|
Date of Appointment |
April 2023 |
|
Length of |
2 years |
|
Committees |
Executive, |
MR. ANG is Lead Independent Director of ACEN. He is currently an independent director of Integrated Micro-Electronics, Inc. (a publicly listed company), BPI Capital Corporation, BPI Wealth Corporation (formerly, BPI Asset Management and Trust Company), BPI AIA Life Assurance Corporation, BPI/MS Insurance Corporation and BPI Wealth Hong Kong (formerly, BPI International Finance Limited) (based in Hong Kong). He was formerly an independent director of BPI Securities Corporation (August 2022 – February 2023); part of the Philippine office of the International Finance Corporation (2000-2018) of which he was Head (Resident Representative) from 2007-2015; CFO of the Philippine International Air Terminals Company (1998-2000); 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 (1985-1988); 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 earned his master’s degree in Business Administration (with Distinction) from the Wharton School of Business, University of Pennsylvania. He graduated with a bachelor’s degree in Industrial Engineering from the University of the Philippines, graduating summa cum laude.
Maria Lourdes Heras-de Leon
Independent Director
|
Date of |
April 2023 |
|
Length of Service |
2 years |
|
Committees |
Personnel & Compensation, |
MS. HERAS-DE LEON is an Independent Director of ACEN. She previously served as Managing Director and Member of the Management Committee of AC (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, World 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’s degree in Business Administration from the Thunderbird School of Global Management and a bachelor’s degree in Asian Studies from the University of British Columbia.