Mr. Garrucho, Filipino, has been a Director of EDC since November 2007. Until his retirement in January 2008, he served as Managing Director for Energy of FPHC and as Vice Chairman and CEO of First Gen Corp. where he continues to be a Director. He also sits in subsidiaries of these corporations including the First Gas Holdings Group of companies (First Gas Power, FGPCorp, Unified Holdings and First Gas Pipeline), First Gen Hydro Corp., FG Bukidnon Power Corp., First Gen Energy Solutions, Inc., Red Vulcan Holdings Corp., Prime Terracota Holdings Corp., First Philippine Industrial Corp. and First Balfour Corp. At present, he is also Vice-Chairman of Franklin Baker Corp. where he has a significant shareholding.
He served in the government as Secretary of the Department of Tourism and the Department of Trade and Industry during the administration of President Corazon C. Aquino. He was also Executive Secretary and Presidential Adviser on Energy Affairs under President Fidel V. Ramos. In 2000, he was given the award of an Honorary Officer of the Order of the British Empire by Her Majesty, Queen Elizabeth II.
Mr. Garrucho earned his master in business administration degree from Stanford University (1971) and his AB-BSBA degree from the De La Salle University (1966).