Management
Our management team is composed of highly competent individuals who embody EDC’s ideals of a global, diversified, renewable power company that is sustained by people who are powered by good.
Federico R. Lopez
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ChairmanMr. Lopez has been a member of the Board since November 29, 2007. He is currently Chairman of EDC, and the publicly-listed companies Lopez Holding Corporation, First Philippine Holdings and First Gen. He is Vice Chairman of Rockwell Land Corporation and also sits on the board of ABS-CBN Corporation, which are also publicly-listed companies. A staunch environmentalist, he is the Chairman of the Oscar M. Lopez Center for Climate Change Adaptation and Disaster Risk Management Foundation, a non-profit private sector-led initiative supporting research and innovative solutions to build climate-resilient communities. He is the Chairman of Sikat Solar Challenge Foundation, Inc., which focuses on bringing clean energy solutions to rural communities. He is the Chairman of Ang Misyon, an El Sistema-inspired advocacy committed to igniting social change and youth development through the formation of the Orchestra of the Filipino Youth. He is the Chairman of Knowledge Channel Foundation, which is committed to delivering transformative learning experiences especially to poor and marginalized Filipino children and communities. He is also a member of the Board of Trustees of the Philippine Disaster Resilience Foundation, the ABS-CBN Lingkod Kapamilya Foundation, the Eugenio Lopez Foundation, Teach for the Philippines, and Endeavor Philippines. Mr. Lopez is a member of the New York Philharmonic International Advisory Board, Asia Business Council, World Presidents Organization, Chief Executives Organization, ASEAN Business Club, Management Association of the Philippines, Philippine Chamber of Commerce and Industry, European Chamber of Commerce of the Philippines, and Makati Business Club. Mr. Lopez is a graduate of the University of Pennsylvania with a Bachelor of Arts Degree, Double Major in Economics and International Relations, cum laude (1983). |
Francis Giles B. Puno
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Vice-Chairman and Chief Executive OfficerMr. Puno has been a director of EDC since November 29, 2007. He is currently the Vice-Chairman and Chief Executive Officer of EDC. He is also the Vice-Chairman and Chief Executive Officer of various EDC subsidiaries including, Bac-Man Geothermal Inc., Green Core Geothermal Inc. and EDC Burgos Wind Power Corporation. Mr. Puno also sits in the board of publicly listed companies First Philippine Holdings (“FPH”), First Gen, First Philippine Industrial Park (“FPIP”), and Rockwell Land Corporation. He is also the President and Chief Operating Officer of FPH, First Gen, FPIP and several First Gen subsidiaries, such as Red Vulcan Holdings Corporation, First Gen Energy Solutions Inc., First Gen Hydro Power Corporation, First Gas Power Corporation, FGP Corp., First NatGas Power Corp. and Prime Meridian PowerGen Corporation. He is a member of the Board of Trustees of Oscar M. Lopez Center for Climate Change Adaptation and Disaster Risk Management Foundation Inc., Lopez Group Foundation Inc., Eugenio Lopez Foundation Inc., and Philippine Business for Social Progress. He previously worked with the Global Power and Environmental Group of The Chase Manhattan Bank in Singapore and Hong Kong where he originated and executed financial advisory and debt arrangement mandates for power and water projects in Asia. Mr. Puno has a Master of Management degree from the Kellogg Graduate School of Management of Northwestern University (1990) and a Bachelor of Science degree in Business Management from the Ateneo de Manila University (1985). |
Jerome H. Cainglet
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President and Chief Operating OfficerMr. Cainglet is the President and COO of EDC effective July 1, 2023. Prior to this, he was Senior Vice President, Deputy Chief Operating Officer, and Head of the Enterprise Commercial Group of the Company since February 10, 2022 before he was promoted as Executive Vice President, Chief Operating Officer, and Head of Enterprise Commercial Group of the Company on May 12, 2023. Mr. Cainglet is also the President and Chief Operating Officer of various EDC subsidiaries including, Bac-Man Geothermal Inc., Unified Leyte Geothermal Inc. and EDC Geothermal Corporation. He is also a Senior Vice-President in First Gen Corporation (“First Gen”) and a Director of various gas project companies of the Lopez Group, including First Gas Holdings Corporation, First Gas Power Corporation, FGP Corp., First NatGas Power Corporation, First Gas Pipeline Corporation, and FG Land Corporation. Mr. Cainglet has been with the Lopez Group since July 1990 when he first joined First Philippine Holdings. He was a member of the core team that developed and implemented the Santa Rita and San Lorenzo gas-fired power plant projects as part of the Malampaya Gas-to-Power project and went on to Head the Gas Business Unit of First Gen until his appointment to the Company. He is a graduate of B.S. Chemical Engineering from the University of the Philippines (1989) and has an Executive MBA degree from the Asian Institute of Management (2006). |
Victor Emmanuel B. Santos, Jr.
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Executive Vice President and Regulatory Compliance OfficerMr. Santos, Filipino, is currently the Executive Vice-President and Regulatory Compliance Officer of EDC. Prior to this, he was a Director of the Company from February 28, 2017 to October 3, 2017. He is also an Executive Vice-President in First Gen and FPHC, both publicly-listed companies of the Lopez Group. He is currently a Member of the Board of Trustees of the Philippine Independent Power Producers Association and a Director of the PEMC Board. Mr. Santos has a Master’s degree in Business Administration from Fordham University (1995) and a Bachelor of Science degree in Management of Financial Institutions from De La Salle University (1989). |
Erwin O. Avante
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Senior Vice President, Chief Financial Officer/Treasurer and Compliance Officer for SECMr. Avante was appointed by the Board as Chief Financial Officer effective January 1, 2019 and as a Compliance Officer for the SEC effective March 1, 2014. He was promoted to Senior Vice President of the Company on February 10, 2022. He is also a Senior Vice-President in First Gen. Prior to joining the Lopez Group in 1998, Mr. Avante worked as Senior Audit In-charge at SGV & Co. Mr. Avante has a Master’s Degree in Business Administration (2000) and a Master’s of Science Degree in Computational Finance (2003), both obtained from the Graduate School of Business – De La Salle University, and a Bachelor of Science in Accountancy from De La Salle University (1994). Mr. Avante placed 1st in the May 1995 Certified Public Accountants board examination. He is also a CFA charterholder since 2005. |
Ma. Elizabeth D. Nasol
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Senior Vice President, Head of Human Resource ManagementMs. Nasol joined EDC in February 2013 as Vice-President for the Human Resources Management Group. Prior to her appointment in EDC, she was the Vice-President for Corporate Human Resources of First Philippine Electric Corporation (“First Philec”), which is the intermediate holding company for all manufacturing investments of FPH. Among her executive roles before joining the Lopez Group were as Vice-President for Corporate Human Resource of Roxas Holdings Inc. and all its subsidiaries, and as the Head of the Center for Excellence of Globe Telecommunications, Inc. She was also the Vice-President and Head of Organization and People Development in San Miguel Corporation where she established her career as an HR professional and well-respected leader. She graduated from the University of Santo Tomas with a Bachelor’s Degree in Psychology, completed the Executive Development Program of INSEAD Singapore (1992), and finished the Strategic HR Management Program of the University of Michigan (1995). She then became a “Certified Total Rewards Fellow” (2018) by the Asian Total Rewards Institute which is based in Singapore. Ms. Nasol’s desire for continuous learning and development is matched by her dedication to sharing her expertise with professional organizations. As a result, she became President of the Organization Development Practitioners Network from 2009 to 2011, and likewise served as President of the Compensation Management Society of the Philippines from 2017 to 2020. She is also an active member of the People Management Association of the Philippines (“PMAP”) where she was conferred the title “Diplomate in People Management” in 2017. She also remains a member of the PMAP Board of Trustees and was the Head of its Leadership Committee in 2019 (when it was also named the PMAP “Committee of the Year”). She was similarly a member of the PMAP Foundation Board of Trustees when the “Kapwa Diwa” initiative was launched in 2020 to focus on creating awareness for inculcating the Filipino values of “Malasakit sa Kapwa”. As an elected member of the PMAP Board of Trustees, she has been assigned as the Trustee in charge of the Data and Research Committee since 2021 and was elected Vice President and Chairman of the Annual Conference in 2022. Ms. Nasol is now serving as the President of PMAP for 2023 |
Liberato S. Virata
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Senior Vice President, Head of Facilities O&M and Project ManagementMr. Virata was appointed by the Board as Senior Vice President in December 2019. He started working for EDC in 1982 and held various positions including Field Maintenance Manager for LGPF, Maintenance Manager, Production Manager and Resident Manager for BGPF and Vice President and Head of Project Management prior to his current position. Mr. Virata graduated with a Bachelor of Science degree in Mechanical Engineering from the Mapua Institute of Technology in Manila (1981). He became a Registered Mechanical Engineer in 1982 and a Professional Mechanical Engineer in 2006. He completed the Refinery Operations Course at Shell Refinery Clyde, Sydney New South Wales, Australia (1988), Management Development Program of AIM (1996), and Diploma Course in Maintenance Management System (JICA) at Kitakyushu, Japan (2003). Mr. Virata is currently a Trustee and 1st Vice President of the Foundation of Outstanding Mapuan Incorporated. He was the National President of the Philippine Society of Mechanical Engineers in 2011 and 2012. He was a recipient of the PSME Fellow Award in 2013, PSME Don Tobias Marcelo Lifetime Achievement Award in 2016, PSME Outstanding Past President Emeritus Award in 2017, MIT’s Outstanding Alumnus Award for 2016, NAMA’s The Outstanding Mapuan for 2016, MEAAMIT’s The Outstanding Mechanical Engineer in 2014 and Philippines Professional Regulation Commission Citation for the Most Outstanding Mechanical Engineer in 2015. |
Jennifer Joy S. Santos
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Chief Transformation Officer, Head of Transformation OfficeMs. Santos joined EDC in 2019. She is a proven business transformation leader with extensive experience from different companies in various industries (fast-moving consumer goods, telecommunications, media and technology) located in the Philippines and overseas. Prior to joining EDC, she managed multiple transformation programs in the Asia-Pacific region. She likewise has a strong track record in marketing, product management, innovation, and business development, having been an executive in these functions for many years. Ms. Santos graduated from the Ateneo de Manila University as a scholar, with a Bachelor of Science degree in Management. She likewise attended the Ateneo Graduate School of Business. She also completed the Executive Development Program and Innovation Leadership Program of the Asian Institute of Management, as well as the International Executive Leadership Program of INSEAD-Singapore. Her professional development continues as she recently also completed certificate courses on Innovation in the Age of Disruption, and Leading Organizations in Disruptive Times at INSEAD-Singapore. She is also a mentor at the Asian Institute of Management and is a Certified Executive Coach.
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Jay Joel L. Soriano
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Vice PresidentMr. Soriano is currently a Vice President of the Company. He joined EDC in 2014 as Deputy Strategic Business Unit Head of BGI before assuming the role of Strategic Business Unit Head of Negros Island Business Unit from 2016 to 2019 and as Head of the Integrated Planning Group in 2019 to 2022. He is also a Vice President and Head of Strategy and Planning of First Gen effective February 2022. Mr. Soriano obtained his Bachelor of Science degree in Management Engineering from the Ateneo de Manila University. He also holds a Master’s Degree in Business Administration from Harvard University |
Edwin H. Alcober
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Vice President, Head of Production Optimization of Integrated SubsurfaceMr. Alcober was appointed by the Board as Vice President in May 2019. He began his career in EDC more than two (2) decades ago as a Drilling Engineer. He then became a Process Geochemist before heading the Leyte Resource Management Department. He was also previously the Geosciences and Reservoir Engineering Group Head. Mr. Alcober obtained his Bachelor of Science degree in Chemical Engineering from the University of the Philippines in Diliman in 1994. He had undergone training in Geothermal Energy Technology at the Geothermal Institute, University of Auckland, New Zealand in 1998 and awarded Best in Engineering. He also finished Basic Management Program (2010) and Management Development Program (2017) at the Asian Institute of Management. |
James E. Jumawan
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Vice President, Head of Execution of Integrated SubsurfaceMr. Jumawan was appointed by the Board in May 2019 as Vice President and has been leading the drilling activities of EDC since 2015 as Head of the Well Services Group. He has more than three (3) decades of drilling expertise with EDC, joining the Company as a Drilling Engineer in 1988. Mr. Jumawan obtained his Bachelor of Science degree in Electrical Engineering from Siliman University (1986) and a diploma in Geothermal Energy Technology from the University of Auckland, New Zealand (2000). |
Maribel A. Manlapaz
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Vice President, Head of ComptrollershipMs. Manlapaz joined EDC in November 2009. Prior to joining EDC, she held various executive positions for more than twenty (20) years at various global pharmaceutical companies, including as Director of Finance at UCB Philippines, Inc., a multinational company based in Belgium. Ms. Manlapaz started her career in 1987 as an auditor with SGV & Co. (EY Affiliate). Between 1989 and 2006, she joined Pfizer, Inc. and The Boots Company Philippines, managing various finance functions. Her areas of expertise in the field of finance are management accounting, financial accounting and reporting, tax planning and compliance, and corporate and regulatory compliance. Ms. Manlapaz is a Certified Public Accountant and holds a Master’s Degree in Business Administration – Top Executive Program from the Pamantasan ng Lungsod ng Maynila (1996). She finished her undergraduate degree with cum laude distinction from the Philippines School of Business Administration in 1986, and was awarded Most Outstanding Graduate of the Year. Ms. Manlapaz has also completed Diploma courses in Systems Design and Business Analysis and Strategic Finance at Asian Institute of Management. She also attended training programs on Coaching, Strategic Leadership and Leadership Foundation both locally and internationally |
Regina Victoria J. Pascual
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Vice President, Head of Corporate Support FunctionsMs. Pascual joined EDC in 1990. Prior to joining EDC, she managed water supply and sanitation programs under the Department of Interior and Local Government and its partnerships with the United States Agency for International Development. In her more than thirty (30) years in EDC, she has showcased her leadership and expertise in different functions related to hydrogeology, Health, Safety and Environment, and Integrated Management Systems Audit. Ms. Pascual earned her Bachelor of Science degree in Geology in 1983, and her Diploma in Environmental Science in 1996, both from the University of the Philippines Diliman. |
Marvin Kenneth S. Bailon
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Vice President, Head of Business DevelopmentMr. Bailon joined EDC in 2011. He is currently the Vice President and Head of Business Development of the Company where he leads the development of local and International geothermal growth projects. Prior to this, he was a Manager under the Business Development Group and eventually headed the commercial teams of EDC’s Mt. Apo and Leyte business units. In 2018, he assumed the role of Strategic Business Unit Head of Bac-Man and in 2019 was the Head for Market Planning & Contracts concurrent with his role as Head of Business Development for local growth projects. Mr. Bailon has more than ten (10) years of experience in research, business planning, and business development from different industries (including oil and gas, power, and food) prior to joining EDC. He earned both his undergraduate degree in Quantitative Economics and graduate degree in Industrial Economics from the University of Asia and the Pacific |
Glenn L. Tee
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Vice President, Chief Audit Executive, Head of Internal AuditMr. Tee was appointed by the Board in October 2010. Prior to his appointment at EDC, he was Internal Audit Head of First Gen. He started his career as auditor of Punongbayan and Araullo and joined FPH Group in 1994 where he held various key positions in the Internal Audit and Accounting Departments of FPH and subsidiaries. Mr. Tee is a Certified Public Accountant and Certified Internal Auditor as accredited by the Institute of Internal Auditors USA. He holds a BS Commerce (Major in Accounting) degree from San Beda University (1992). He also completed the academic requirements of the Executive Master’s in Business Administration from the Asian Institute of Management (2009). |
Jeffrey D. Junsay
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Vice President, Head of Integrated Sub-SurfaceMr. Junsay joined the Company on May 15, 2023 as Vice President and Head of Integrated Subsurface. Prior to this, he served as Country Manager of Wood Plc for its PH Operations, one of the world’s leading consulting and engineering companies across Energy and Materials markets. He previously worked for Shell in different technical and management roles. He has built a career in the Oil and Gas industry that spans more than twenty (20) years covering Asset Management, Discipline Engineering, Brownfield Modifications, Project Delivery, Maintenance, Production Operations, Technical HSSE and Contracts Management. Mr. Junsay is a licensed Mechanical Engineer and graduated from the Mapua Institute of Technology (1997). |
Ryan Z. Velasco
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Assistant Vice President, Corporate Information Officer, Head of Corporate Strategy and PlanningMr. Velasco has been with the Company since 2013. He initially joined as part of EDC’s International Business Development team covering Latin America before moving to Finance to assist with EDC’s Investor Relations, Special Projects and other activities. Prior to joining the Company, he worked for Indra Philippines, Inc. as its Managing Consultant and Head of Business Development – Financial Markets, and with Citigroup in London, United Kingdom as a Vice President covering its Europe, Middle East and Africa markets. Mr. Velasco obtained his MBA degree at IESE Business School in Barcelona, Spain, and attended an MBA International Exchange Program at Tuck School of Business (Dartmouth) in Hanover, New Hampshire, USA. He graduated from Ateneo de Manila University with a Bachelor of Science Degree in Business Management, Honors Program. |
Joseph P. Guevarra
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Assistant Vice President, Chief Risk Officer, Head of Risk & Insurance ManagementAtty. Guevarra was appointed by the Board as the Chief Risk Officer on June 29, 2022, and currently heads the Risk & Insurance Management of EDC. Prior to this, he was Senior Legal Counsel and concurrently Head of Insurance Management of EDC, as well as the Corporate Secretary of EDC’s geothermal subsidiaries. He joined EDC in June 2013. Prior to joining EDC, Atty. Guevarra was the Deputy Head for Legal of Roxas Holdings, Inc. (“RHI”) where he served as legal counsel of RHI and Assistant Corporate Secretary of RHI’s subsidiaries. He obtained his Bachelor of Arts degree, Major in Political Science in 2001 from the University of the Philippines in Diliman where he also obtained his Bachelor of Laws degree in 2005. He was admitted to the Philippine Bar in 2006. |
Bernadette Ann V. Policarpio
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Vice President, Corporate Secretary, Head of Legal and Regulatory AffairsAtty. Policarpio was appointed as Assistant Corporate Secretary of EDC on September 7, 2016 and then as Corporate Secretary on October 3, 2017. She was appointed by the Board as Vice President on May 9, 2019. Atty. Policarpio is also a Vice President and Senior Counsel at First Gen. She joined EDC in August 2015, when she was seconded from First Gen. She currently heads the Legal and Regulatory Affairs. Prior to joining the Lopez Group, Atty. Policarpio was Assistant Vice President for Legal Services at Global Business Power Corporation (“Global Power”), where she also served as the Head of the Legal Department and Assistant Corporate Secretary of the Global Power subsidiaries. Before moving in-house, Atty. Policarpio built her legal experience first as litigation associate at Villaraza & Angangco, later joining the government as Court Attorney in the Office of then Chief Justice Hilario G. Davide, Jr. in the Philippine Supreme Court. Thereafter, she pursued and completed her Master of Laws degree at the University of Michigan in Ann Arbor, Michigan, U.S.A. in 2006, which was followed by a fellowship stint at the Center for International Environmental Law in Geneva, Switzerland. Upon her return to the Philippines, she transitioned into commercial law practice as an associate at Romulo Law Office. She obtained a Bachelor of Science degree in Management, Major in Legal Management in 1996 from the Ateneo de Manila University, where she also earned her Juris Doctor degree (with Second Honors Silver Medal Award) in 2000. She was admitted to the Philippine Bar in 2001. |
Ana Maria A. Katigbak-Lim
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Assistant Corporate SecretaryAtty. Katigbak-Lim was appointed by the Board in January 2007 as Assistant Corporate Secretary, and as Corporate Secretary on September 7, 2016. On October 3, 2017, she was appointed anew as Assistant Corporate Secretary. She is a Senior Partner in Castillo Laman Tan Pantaleon & San Jose Law Firm. Atty. Katigbak-Lim graduated cum laude from the University of the Philippines with degree in Bachelor of Arts in Comparative Literature (1990). She is a graduate of the University of the Philippines College of Law (1994) and a member of the Phi Kappa Phi international honor society and Integrated Bar of the Philippines. Her practice areas are mergers and acquisitions, securities and corporate law. She was admitted to the Philippine Bar in 1995. |
Our management team is comprised of highly competent individuals who embody EDC’s ideals of a global, diversified, renewable power company that is is sustained by people who are powered by good.
Federico R. Lopez
Chairman
Mr. Lopez has been a member of the Board since November 29, 2007. He is currently Chairman of EDC, and the publicly-listed companies Lopez Holding Corporation, First Philippine Holdings and First Gen. He is Vice Chairman of Rockwell Land Corporation and also sits on the board of ABS-CBN Corporation, which are also publicly-listed companies.
A staunch environmentalist, he is the Chairman of the Oscar M. Lopez Center for Climate Change Adaptation and Disaster Risk Management Foundation, a non-profit private sector-led initiative supporting research and innovative solutions to build climate-resilient communities. He is the Chairman of Sikat Solar Challenge Foundation, Inc., which focuses on bringing clean energy solutions to rural communities. He is the Chairman of Ang Misyon, an El Sistema-inspired advocacy committed to igniting social change and youth development through the formation of the Orchestra of the Filipino Youth. He is the Chairman of Knowledge Channel Foundation, which is committed to delivering transformative learning experiences especially to poor and marginalized Filipino children and communities. He is also a member of the Board of Trustees of the Philippine Disaster Resilience Foundation, the ABS-CBN Lingkod Kapamilya Foundation, the Eugenio Lopez Foundation, Teach for the Philippines, and Endeavor Philippines.
Mr. Lopez is a member of the New York Philharmonic International Advisory Board, Asia Business Council, World Presidents Organization, Chief Executives Organization, ASEAN Business Club, Management Association of the Philippines, Philippine Chamber of Commerce and Industry, European Chamber of Commerce of the Philippines, and Makati Business Club.
Mr. Lopez is a graduate of the University of Pennsylvania with a Bachelor of Arts Degree, Double Major in Economics and International Relations, cum laude (1983).
Francis Giles B. Puno
Vice-Chairman and Chief Executive Officer
Mr. Puno has been a director of EDC since November 29, 2007. He is currently the Vice-Chairman and Chief Executive Officer of EDC. He is also the Vice-Chairman and Chief Executive Officer of various EDC subsidiaries including, Bac-Man Geothermal Inc., Green Core Geothermal Inc. and EDC Burgos Wind Power Corporation.
Mr. Puno also sits in the board of publicly listed companies First Philippine Holdings (“FPH”), First Gen, First Philippine Industrial Park (“FPIP”), and Rockwell Land Corporation. He is also the President and Chief Operating Officer of FPH, First Gen, FPIP and several First Gen subsidiaries, such as Red Vulcan Holdings Corporation, First Gen Energy Solutions Inc., First Gen Hydro Power Corporation, First Gas Power Corporation, FGP Corp., First NatGas Power Corp. and Prime Meridian PowerGen Corporation. He is a member of the Board of Trustees of Oscar M. Lopez Center for Climate Change Adaptation and Disaster Risk Management Foundation Inc., Lopez Group Foundation Inc., Eugenio Lopez Foundation Inc., and Philippine Business for Social Progress. He previously worked with the Global Power and Environmental Group of The Chase Manhattan Bank in Singapore and Hong Kong where he originated and executed financial advisory and debt arrangement mandates for power and water projects in Asia.
Mr. Puno has a Master of Management degree from the Kellogg Graduate School of Management of Northwestern University (1990) and a Bachelor of Science degree in Business Management from the Ateneo de Manila University (1985).
Jerome H. Cainglet
President and Chief Operating Officer
Mr. Cainglet is the President and COO of EDC effective July 1, 2023. Prior to this, he was Senior Vice President, Deputy Chief Operating Officer, and Head of the Enterprise Commercial Group of the Company since February 10, 2022 before he was promoted as Executive Vice President, Chief Operating Officer, and Head of Enterprise Commercial Group of the Company on May 12, 2023.
Mr. Cainglet is also the President and Chief Operating Officer of various EDC subsidiaries including, Bac-Man Geothermal Inc., Unified Leyte Geothermal Inc. and EDC Geothermal Corporation. He is also a Senior Vice-President in First Gen Corporation (“First Gen”) and a Director of various gas project companies of the Lopez Group, including First Gas Holdings Corporation, First Gas Power Corporation, FGP Corp., First NatGas Power Corporation, First Gas Pipeline Corporation, and FG Land Corporation.
Mr. Cainglet has been with the Lopez Group since July 1990 when he first joined First Philippine Holdings. He was a member of the core team that developed and implemented the Santa Rita and San Lorenzo gas-fired power plant projects as part of the Malampaya Gas-to-Power project and went on to Head the Gas Business Unit of First Gen until his appointment to the Company.
He is a graduate of B.S. Chemical Engineering from the University of the Philippines (1989) and has an Executive MBA degree from the Asian Institute of Management (2006).
Victor Emmanuel B. Santos, Jr.
Executive Vice President and Regulatory Compliance Officer
Mr. Santos, Filipino, is currently the Executive Vice-President and Regulatory Compliance Officer of EDC. Prior to this, he was a Director of the Company from February 28, 2017 to October 3, 2017. He is also an Executive Vice-President in First Gen and FPHC, both publicly-listed companies of the Lopez Group.
He is currently a Member of the Board of Trustees of the Philippine Independent Power Producers Association and a Director of the PEMC Board.
Mr. Santos has a Master’s degree in Business Administration from Fordham University (1995) and a Bachelor of Science degree in Management of Financial Institutions from De La Salle University (1989).
Erwin O. Avante
Senior Vice President, Chief Financial Officer/Treasurer and Compliance Officer for SEC
Mr. Avante was appointed by the Board as Chief Financial Officer effective January 1, 2019 and as a Compliance Officer for the SEC effective March 1, 2014. He was promoted to Senior Vice President of the Company on February 10, 2022. He is also a Senior Vice-President in First Gen. Prior to joining the Lopez Group in 1998, Mr. Avante worked as Senior Audit In-charge at SGV & Co.
Mr. Avante has a Master’s Degree in Business Administration (2000) and a Master’s of Science Degree in Computational Finance (2003), both obtained from the Graduate School of Business – De La Salle University, and a Bachelor of Science in Accountancy from De La Salle University (1994). Mr. Avante placed 1st in the May 1995 Certified Public Accountants board examination. He is also a CFA charterholder since 2005.
Ma. Elizabeth D. Nasol
Senior Vice President, Head of Human Resource Management
Ms. Nasol joined EDC in February 2013 as Vice-President for the Human Resources Management Group. Prior to her appointment in EDC, she was the Vice-President for Corporate Human Resources of First Philippine Electric Corporation (“First Philec”), which is the intermediate holding company for all manufacturing investments of FPH.
Among her executive roles before joining the Lopez Group were as Vice-President for Corporate Human Resource of Roxas Holdings Inc. and all its subsidiaries, and as the Head of the Center for Excellence of Globe Telecommunications, Inc. She was also the Vice-President and Head of Organization and People Development in San Miguel Corporation where she established her career as an HR professional and well-respected leader.
She graduated from the University of Santo Tomas with a Bachelor’s Degree in Psychology, completed the Executive Development Program of INSEAD Singapore (1992), and finished the Strategic HR Management Program of the University of Michigan (1995). She then became a “Certified Total Rewards Fellow” (2018) by the Asian Total Rewards Institute which is based in Singapore.
Ms. Nasol’s desire for continuous learning and development is matched by her dedication to sharing her expertise with professional organizations. As a result, she became President of the Organization Development Practitioners Network from 2009 to 2011, and likewise served as President of the Compensation Management Society of the Philippines from 2017 to 2020. She is also an active member of the People Management Association of the Philippines (“PMAP”) where she was conferred the title “Diplomate in People Management” in 2017. She also remains a member of the PMAP Board of Trustees and was the Head of its Leadership Committee in 2019 (when it was also named the PMAP “Committee of the Year”). She was similarly a member of the PMAP Foundation Board of Trustees when the “Kapwa Diwa” initiative was launched in 2020 to focus on creating awareness for inculcating the Filipino values of “Malasakit sa Kapwa”. As an elected member of the PMAP Board of Trustees, she has been assigned as the Trustee in charge of the Data and Research Committee since 2021 and was elected Vice President and Chairman of the Annual Conference in 2022. Ms. Nasol is now serving as the President of PMAP for 2023
Liberato S. Virata
Senior Vice President, Head of Facilities O&M and Project Management
Mr. Virata was appointed by the Board as Senior Vice President in December 2019. He started working for EDC in 1982 and held various positions including Field Maintenance Manager for LGPF, Maintenance Manager, Production Manager and Resident Manager for BGPF and Vice President and Head of Project Management prior to his current position.
Mr. Virata graduated with a Bachelor of Science degree in Mechanical Engineering from the Mapua Institute of Technology in Manila (1981). He became a Registered Mechanical Engineer in 1982 and a Professional Mechanical Engineer in 2006. He completed the Refinery Operations Course at Shell Refinery Clyde, Sydney New South Wales, Australia (1988), Management Development Program of AIM (1996), and Diploma Course in Maintenance Management System (JICA) at Kitakyushu, Japan (2003).
Mr. Virata is currently a Trustee and 1st Vice President of the Foundation of Outstanding Mapuan Incorporated. He was the National President of the Philippine Society of Mechanical Engineers in 2011 and 2012. He was a recipient of the PSME Fellow Award in 2013, PSME Don Tobias Marcelo Lifetime Achievement Award in 2016, PSME Outstanding Past President Emeritus Award in 2017, MIT’s Outstanding Alumnus Award for 2016, NAMA’s The Outstanding Mapuan for 2016, MEAAMIT’s The Outstanding Mechanical Engineer in 2014 and Philippines Professional Regulation Commission Citation for the Most Outstanding Mechanical Engineer in 2015.
Jennifer Joy S. Santos
Chief Transformation Officer, Head of Transformation Office
Ms. Santos joined EDC in 2019. She is a proven business transformation leader with extensive experience from different companies in various industries (fast-moving consumer goods, telecommunications, media and technology) located in the Philippines and overseas. Prior to joining EDC, she managed multiple transformation programs in the Asia-Pacific region. She likewise has a strong track record in marketing, product management, innovation, and business development, having been an executive in these functions for many years.
Ms. Santos graduated from the Ateneo de Manila University as a scholar, with a Bachelor of Science degree in Management. She likewise attended the Ateneo Graduate School of Business. She also completed the Executive Development Program and Innovation Leadership Program of the Asian Institute of Management, as well as the International Executive Leadership Program of INSEAD-Singapore. Her professional development continues as she recently also completed certificate courses on Innovation in the Age of Disruption, and Leading Organizations in Disruptive Times at INSEAD-Singapore. She is also a mentor at the Asian Institute of Management and is a Certified Executive Coach.
Jay Joel L. Soriano
Vice President
Mr. Soriano is currently a Vice President of the Company. He joined EDC in 2014 as Deputy Strategic Business Unit Head of BGI before assuming the role of Strategic Business Unit Head of Negros Island Business Unit from 2016 to 2019 and as Head of the Integrated Planning Group in 2019 to 2022. He is also a Vice President and Head of Strategy and Planning of First Gen effective February 2022.
Mr. Soriano obtained his Bachelor of Science degree in Management Engineering from the Ateneo de Manila University. He also holds a Master’s Degree in Business Administration from Harvard University
Edwin H. Alcober
Vice President, Head of Production Optimization of Integrated Subsurface
Mr. Alcober was appointed by the Board as Vice President in May 2019. He began his career in EDC more than two (2) decades ago as a Drilling Engineer. He then became a Process Geochemist before heading the Leyte Resource Management Department. He was also previously the Geosciences and Reservoir Engineering Group Head.
Mr. Alcober obtained his Bachelor of Science degree in Chemical Engineering from the University of the Philippines in Diliman in 1994. He had undergone training in Geothermal Energy Technology at the Geothermal Institute, University of Auckland, New Zealand in 1998 and awarded Best in Engineering. He also finished Basic Management Program (2010) and Management Development Program (2017) at the Asian Institute of Management.
James E. Jumawan
Vice President, Head of Execution of Integrated Subsurface
Mr. Jumawan was appointed by the Board in May 2019 as Vice President and has been leading the drilling activities of EDC since 2015 as Head of the Well Services Group. He has more than three (3) decades of drilling expertise with EDC, joining the Company as a Drilling Engineer in 1988. Mr. Jumawan obtained his Bachelor of Science degree in Electrical Engineering from Siliman University (1986) and a diploma in Geothermal Energy Technology from the University of Auckland, New Zealand (2000).
Maribel A. Manlapaz
Vice President, Head of Comptrollership
Ms. Manlapaz joined EDC in November 2009. Prior to joining EDC, she held various executive positions for more than twenty (20) years at various global pharmaceutical companies, including as Director of Finance at UCB Philippines, Inc., a multinational company based in Belgium.
Ms. Manlapaz started her career in 1987 as an auditor with SGV & Co. (EY Affiliate). Between 1989 and 2006, she joined Pfizer, Inc. and The Boots Company Philippines, managing various finance functions. Her areas of expertise in the field of finance are management accounting, financial accounting and reporting, tax planning and compliance, and corporate and regulatory compliance.
Ms. Manlapaz is a Certified Public Accountant and holds a Master’s Degree in Business Administration – Top Executive Program from the Pamantasan ng Lungsod ng Maynila (1996).
She finished her undergraduate degree with cum laude distinction from the Philippines School of Business Administration in 1986, and was awarded Most Outstanding Graduate of the Year.
Ms. Manlapaz has also completed Diploma courses in Systems Design and Business Analysis and Strategic Finance at Asian Institute of Management. She also attended training programs on Coaching, Strategic Leadership and Leadership Foundation both locally and internationally
Regina Victoria J. Pascual
Vice President, Head of Corporate Support Functions
Ms. Pascual joined EDC in 1990. Prior to joining EDC, she managed water supply and sanitation programs under the Department of Interior and Local Government and its partnerships with the United States Agency for International Development. In her more than thirty (30) years in EDC, she has showcased her leadership and expertise in different functions related to hydrogeology, Health, Safety and Environment, and Integrated Management Systems Audit. Ms. Pascual earned her Bachelor of Science degree in Geology in 1983, and her Diploma in Environmental Science in 1996, both from the University of the Philippines Diliman.
Marvin Kenneth S. Bailon
Vice President, Head of Business Development
Mr. Bailon joined EDC in 2011. He is currently the Vice President and Head of Business Development of the Company where he leads the development of local and International geothermal growth projects. Prior to this, he was a Manager under the Business Development Group and eventually headed the commercial teams of EDC’s Mt. Apo and Leyte business units. In 2018, he assumed the role of Strategic Business Unit Head of Bac-Man and in 2019 was the Head for Market Planning & Contracts concurrent with his role as Head of Business Development for local growth projects.
Mr. Bailon has more than ten (10) years of experience in research, business planning, and business development from different industries (including oil and gas, power, and food) prior to joining EDC. He earned both his undergraduate degree in Quantitative Economics and graduate degree in Industrial Economics from the University of Asia and the Pacific
Glenn L. Tee
Vice President, Chief Audit Executive, Head of Internal Audit
Mr. Tee was appointed by the Board in October 2010. Prior to his appointment at EDC, he was Internal Audit Head of First Gen. He started his career as auditor of Punongbayan and Araullo and joined FPH Group in 1994 where he held various key positions in the Internal Audit and Accounting Departments of FPH and subsidiaries.
Mr. Tee is a Certified Public Accountant and Certified Internal Auditor as accredited by the Institute of Internal Auditors USA. He holds a BS Commerce (Major in Accounting) degree from San Beda University (1992). He also completed the academic requirements of the Executive Master’s in Business Administration from the Asian Institute of Management (2009).
Jeffrey D. Junsay
Vice President, Head of Integrated Sub-Surface
Mr. Junsay joined the Company on May 15, 2023 as Vice President and Head of Integrated Subsurface. Prior to this, he served as Country Manager of Wood Plc for its PH Operations, one of the world’s leading consulting and engineering companies across Energy and Materials markets. He previously worked for Shell in different technical and management roles. He has built a career in the Oil and Gas industry that spans more than twenty (20) years covering Asset Management, Discipline Engineering, Brownfield Modifications, Project Delivery, Maintenance, Production Operations, Technical HSSE and Contracts Management.
Mr. Junsay is a licensed Mechanical Engineer and graduated from the Mapua Institute of Technology (1997).
Ryan Z. Velasco
Assistant Vice President, Corporate Information Officer, Head of Corporate Strategy and Planning
Mr. Velasco has been with the Company since 2013. He initially joined as part of EDC’s International Business Development team covering Latin America before moving to Finance to assist with EDC’s Investor Relations, Special Projects and other activities. Prior to joining the Company, he worked for Indra Philippines, Inc. as its Managing Consultant and Head of Business Development – Financial Markets, and with Citigroup in London, United Kingdom as a Vice President covering its Europe, Middle East and Africa markets.
Mr. Velasco obtained his MBA degree at IESE Business School in Barcelona, Spain, and attended an MBA International Exchange Program at Tuck School of Business (Dartmouth) in Hanover, New Hampshire, USA. He graduated from Ateneo de Manila University with a Bachelor of Science Degree in Business Management, Honors Program.
Joseph P. Guevarra
Assistant Vice President, Chief Risk Officer, Head of Risk & Insurance Management
Atty. Guevarra was appointed by the Board as the Chief Risk Officer on June 29, 2022, and currently heads the Risk & Insurance Management of EDC. Prior to this, he was Senior Legal Counsel and concurrently Head of Insurance Management of EDC, as well as the Corporate Secretary of EDC’s geothermal subsidiaries. He joined EDC in June 2013.
Prior to joining EDC, Atty. Guevarra was the Deputy Head for Legal of Roxas Holdings, Inc. (“RHI”) where he served as legal counsel of RHI and Assistant Corporate Secretary of RHI’s subsidiaries.
He obtained his Bachelor of Arts degree, Major in Political Science in 2001 from the University of the Philippines in Diliman where he also obtained his Bachelor of Laws degree in 2005. He was admitted to the Philippine Bar in 2006.
Bernadette Ann V. Policarpio
Vice President, Corporate Secretary, Head of Legal and Regulatory Affairs
Atty. Policarpio was appointed as Assistant Corporate Secretary of EDC on September 7, 2016 and then as Corporate Secretary on October 3, 2017. She was appointed by the Board as Vice President on May 9, 2019. Atty. Policarpio is also a Vice President and Senior Counsel at First Gen. She joined EDC in August 2015, when she was seconded from First Gen. She currently heads the Legal and Regulatory Affairs.
Prior to joining the Lopez Group, Atty. Policarpio was Assistant Vice President for Legal Services at Global Business Power Corporation (“Global Power”), where she also served as the Head of the Legal Department and Assistant Corporate Secretary of the Global Power subsidiaries. Before moving in-house, Atty. Policarpio built her legal experience first as litigation associate at Villaraza & Angangco, later joining the government as Court Attorney in the Office of then Chief Justice Hilario G. Davide, Jr. in the Philippine Supreme Court. Thereafter, she pursued and completed her Master of Laws degree at the University of Michigan in Ann Arbor, Michigan, U.S.A. in 2006, which was followed by a fellowship stint at the Center for International Environmental Law in Geneva, Switzerland. Upon her return to the Philippines, she transitioned into commercial law practice as an associate at Romulo Law Office.
She obtained a Bachelor of Science degree in Management, Major in Legal Management in 1996 from the Ateneo de Manila University, where she also earned her Juris Doctor degree (with Second Honors Silver Medal Award) in 2000. She was admitted to the Philippine Bar in 2001.
Ana Maria A. Katigbak-Lim
Assistant Corporate Secretary
Atty. Katigbak-Lim was appointed by the Board in January 2007 as Assistant Corporate Secretary, and as Corporate Secretary on September 7, 2016. On October 3, 2017, she was appointed anew as Assistant Corporate Secretary. She is a Senior Partner in Castillo Laman Tan Pantaleon & San Jose Law Firm.
Atty. Katigbak-Lim graduated cum laude from the University of the Philippines with degree in Bachelor of Arts in Comparative Literature (1990). She is a graduate of the University of the Philippines College of Law (1994) and a member of the Phi Kappa Phi international honor society and Integrated Bar of the Philippines. Her practice areas are mergers and acquisitions, securities and corporate law. She was admitted to the Philippine Bar in 1995.