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.
Oscar M. Lopez
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Chairman EmeritusMr. Lopez is the Chairman Emeritus of FPH, the specific associate holding company for power generation and distribution, property and manufacturing. He has been a member of the EDC Board of Directors since the Company’s full privatization in 2007 until October 3, 2017. Mr. Lopez is one of the most respected and admired business leaders in Asia. He was Management Association of the Philippines’ Management Man of the Year in 2000 and one of the top twenty (20) finalists for CNBC and TNT International’s Asia Business Leader Awards in 2004. He was the first Filipino businessman to be awarded the most prestigious Officer’s Cross of the Order of Merit of the Federal Republic of Germany in 2005. He was a recipient of The Outstanding Filipino Award in the field of Business for the year 2009. Named by Forbes Magazine as among the “Heroes of Philanthropy” in Asia, he is involved in several social and environmental concerns, among them the Eugenio Lopez Foundation and the Lopez Group Foundation. In 2006, he was honored in Monaco with the IMD-Lombard Odier Hentsch Distinguished Family Award for “an outstanding commitment on philanthropy for the family’s achievement in excellence such as the clarity and sustainability of their social endeavors, exemplary corporate governance, a focus on family values, and the involvement of multiple generations.” He was conferred Honorary Degree Doctor of Laws, honoris causa by the Philippine Women’s University in April 2009 and by the University of the Philippines in March 2012 and Honorary Degree Doctor of Humanities, honoris causa by De La Salle University in October 2010 and by the Ateneo de Manila University in November 2010. He was the 2011 Ramon del Rosario, Sr. Awardee for Nation Building. Mr. Lopez has a Master’s degree in Public Administration from the Littauer School of Public Administration in Harvard University (1955), where he also earned his Bachelor of Arts degree, cum laude (1951). |
Federico R. Lopez
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Chairman of the Board and Chief Executive OfficerMr. Lopez has been a member of the Board since November 29, 2007. He is currently Chairman and Chief Executive Officer of EDC, and the publicly-listed companies Lopez Holding Corporation, FPH 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, non-profit private sector-led 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). |
Richard B. Tantoco
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President and Chief Operating OfficerMr. Tantoco sits as a director of the Company since November 29, 2007. He is currently President and Chief Operating Officer of EDC and several EDC subsidiaries, including BGI, GCGI and EBWPC. He also sits as a director and Executive Vice President of First Gen, a publicly-listed company, and several First Gen subsidiaries and a director of Cebu Air, Inc. He is currently the President and Trustee of the Oscar M. Lopez Center for Climate Change Adaptation and Disaster Risk Management Foundation, Inc. and a trustee in the board of several non-profit organizations, including KEITECH Educational Foundation Inc., Business for Sustainable Development, Inc. and Eugenio Lopez Foundation, Inc. He previously worked with management consulting firm Booz, Allen and Hamilton, Inc. in New York and London where he specialized in mergers and acquisition advisory, turnaround strategy advisory, and growth strategy formulation for media and manufacturing companies. Mr. Tantoco has an MBA in Finance from the Wharton School of Business of the University of Pennsylvania (1993) and a Bachelor of Science degree in Business Management from the Ateneo de Manila University where he graduated with honors (1988). |
Jerome H. Cainglet
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Senior Vice President, Deputy Chief Operating Officer and Head of Enterprise Commercial GroupMr. Cainglet is the Senior Vice-President, Deputy Chief Operating Officer and Head of Enterprise Commercial Group of the Company, having been appointed by the Board of Directors on February 10, 2022. He is also 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 Corporation. 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 Corporation 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).
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Victor Emmanuel B. Santos, Jr.
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Executive Vice President and Regulatory Compliance OfficerMr. Santos is currently the Executive Vice-President and Regulatory Compliance Officer of the Company. 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). |
Ma. Elizabeth D. Nasol
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Senior Vice President, Head of Human Resource Management GroupMs. Nasol joined the Company 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. Before joining the Lopez Group, she was the Vice-President for Corporate Human Resource of Roxas Holdings Inc. and all its subsidiaries, and formerly 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 spent the majority of her professional career. 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). Her professional development continues to date and in 2018 she became a “Certified Total Rewards Fellow” by the Asian Total Rewards Institute, which is based in Singapore. She is also an active member of the People Management Association of the Philippines (“PMAP”) and 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”). In 2020, she was a member of the PMAP Foundation Board of Trustees when the “Kapwa Diwa” initiative was launched. This initiative focused on creating awareness for inculcating the Filipino values of Malasakit sa Kapwa. She has been an elected member of the PMAP Board of Trustees assigned as the Trustee in charge of the Data and Research Ccommittee since 2021. Currently, she has been elected as member of the PMAP Executive Board as Vice President. |
Liberato S. Virata
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Senior Vice President, Head of Facilities O&M Group and Project ManagementMr. Virata, Filipino, 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 2nd 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. |
Erwin O. Avante
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Senior Vice President, Chief Financial Officer, Head of Finance 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 is also a Vice-President in First Gen. Prior to joining the Lopez Group in 1998, Mr. Avante worked as Senior Audit In-charge at SyCip, Gorres, Velayo &. Co. Mr. Avante has a Masters Degree in Business Administration (2000) and a Masters 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. |
Emmanuel C. Portugal
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Vice President, Chief Digital Transformation OfficerMr. Portugal, Filipino, is currently the Head of the Technology Office of EDC. He was appointed as Vice President and Chief Digital Transformation Officer in May 15, 2017. He is a highly experienced executive with a strong track record in business development, product marketing, sales and channel management. Among the companies he worked for are IBM, DFNN, Intel, and VMware. Prior to EDC, Mr. Portugal was the Country Manager of VMware Philippines where he established the organization as a strategic cloud computing and mobility platform for large enterprises in the telecommunications, banking, manufacturing, and public sector industries. Mr. Portugal graduated from the University of the Philippines, with a Bachelor of Science degree in Mechanical Engineering, in 1985. |
Jennifer Joy Santamarina Santos
Chief Transformation Officer, Head – Transformation Office Ms. Santamarina, Filipino, 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, technology) located in the Philippines and overseas. Prior to joining EDC, she managed multiple transformation programs in the 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. Santamarina 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.
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Jay Joel L. Soriano
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Vice President, Head of Integrated PlanningMr. Soriano, Filipino, was appointed by the Board in May 2019 as Vice President and Head of the Integrated Planning. With experience in strategic planning, business development, and other commercial functions, he is leading major organizational changes and multiple growth initiatives. 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. Mr. Soriano obtained his bachelor’s 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 Geothermal Resource, Sub-Surface GroupMr. Alcober was appointed by the Board as Vice President in May 2019 and was Head of Geothermal Resource, Sub-Surface Group since 2018. 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 Well Services GroupMr. 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). |
Emeterio T. Busmeon
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Vice President, Head – Facility OperationsMr. Busmeon was appointed by the Board in December 2019 as Vice President and Head – Facility Operations. He joined EDC in 2009. He joined EDC in 2009. Prior to joining EDC, he was Acting Manager of the Maintenance Division of the National Power Corporation, having been with said company since 1990. Mr. Busmeon graduated from the Siliman University, with a Bachelor of Science degree in Mechanical Engineering in 1984. He holds a Master’s Degree in Public Administration also from Siliman University. He practices as a Professional Mechanical Engineer in accordance with the Philippine Regulation Commission. He is also as a Certified Maintenance & Reliability Professional by the American National Standard Institute. |
Maribel A. Manlapaz
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Vice President, Head of Comptrollership Ms. Manlapaz, Filipino, 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. |
Regina Victoria J. Pascual
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Vice President Ms. Pascual, Filipino, joined EDC in 1990. Prior to joining EDC, she managed water supply and sanitation programs under the Department of Interior and Local Government (DILG) and its partnerships with the United States Agency for International Development (USAID).In her 30 years in EDC, she has showcased her leadership and expertise in different functions related to hydrogeology, environmental management, and Integrated Management Systems (IMS) 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. |
Reman A. Chua
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Vice President Mr. Chua has been with EDC from 2007 to the present. He led the Company’s 150 MW Burgos Wind Project and was appointed as Vice President on September 9, 2015. Before his assignment to EDC, he began his career with the Lopez Group in 2002 as a Manager for Business Development under FGP Corporation. For a time, he was studying natural gas power vehicles as an extension business for the group and as an entry to non-power market for natural gas in the Philippines. He was assigned to the Manila North Tollways Corporation as manager for marketing, compliance and Business Development from 2002 up to 2005, during which the rehabilitation and expansion of the North Luzon Expressway (“NLEX”) was undertaken and successfully completed in 2005. He led the marketing communications efforts that managed the increase of the toll rates in NLEX. Thereafter, he returned to First Gen and led various acquisition projects in the power sector. He graduated with a Bachelor of Arts degree in Economics from Ateneo de Manila University, and holds a Masters in Business Management degree from the Asian Institute of Management. |
Ariel Arman V. Lapuz
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Vice PresidentMr. Lapus was appointed by the Board in March 2012 to oversee EDC’s business development efforts in Latin America and was based in Santiago, Chile. He sits in the boards of directors of the EDC companies in Chile and Peru. Mr. Lapus is concurrently Vice-President of First Gen and Chief Operating Officer of Pi Energy Inc. and FP Island Energy Corporation (all subsidiaries of First Philippine Holdings Corporation). He is also a Board Member of the Sikat Foundation. Prior to joining the Lopez Group, Mr. Lapus was Executive Vice President of Global Business Power Corporation and Vice President of Mirant Philippines Corporation. He has more than twenty (20) years of experience in the power industry occupying senior and general management roles in handling business development (including M&A), power marketing and trading, commercial and plant operations, and corporate services. Mr. Lapus has a Masters in Leadership and Strategy (Sloan Fellow) from the London Business School (2017), a Masters in Business Management from the Asian Institute of Management (1997), and a Bachelor of Science degree in Business Management from the Ateneo de Manila University (1990). |
Glenn L. Tee
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Assistant Vice President, Chief Audit Executive, Head of Internal Audit DivisionMr. Tee was appointed by the Board in October 2010. Prior to his appointment at EDC, he was Internal Audit Head of First Gen Corporation. He started his career as auditor of Punongbayan and Araullo and joined First Philippine Holdings Group (“FPH”) 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 Masters in Business Administration from the Asian Institute of Management (2009). |
Ryan Z. Velasco
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Assistant Vice President, Corporate Information Officer, Head of Mergers and Acquisitions and Head of Investor RelationsMr. 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 the Company’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. |
Bernadette Ann V. Policarpio
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Vice President, Corporate Secretary, Head of Strategic Initiatives, Legal, & Regulatory Office 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, and she currently heads the Strategic Initiatives, Legal & Regulatory Office and, concurrently, the Legal Services Division. 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 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. In 2006, Atty. Policarpio received her Master of Laws degree from the University of Michigan in Ann Arbor, Michigan, U.S.A., as a Michigan Grotius Fellow. |
Ana Maria A. Katigbak-Lim
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Assistant Corporate SecretaryAtty. Katigbak-Lim, Filipino, was appointed by the Board in January 2007 as Assistant Corporate Secretary, and was appointed as Corporate Secretary on September 7, 2016. On October 3, 2017, she was appointed anew as Assistant Corporate Secretary. She is a Senior Partner of the Castillo Laman Tan Pantaleon & San Jose Law Firm. Atty. Katigbak 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.
Oscar M. Lopez
Chairman Emeritus
Mr. Lopez is the Chairman Emeritus of FPH, the specific associate holding company for power generation and distribution, property and manufacturing. He has been a member of the EDC Board of Directors since the Company’s full privatization in 2007 until October 3, 2017.
Mr. Lopez is one of the most respected and admired business leaders in Asia. He was Management Association of the Philippines’ Management Man of the Year in 2000 and one of the top twenty (20) finalists for CNBC and TNT International’s Asia Business Leader Awards in 2004. He was the first Filipino businessman to be awarded the most prestigious Officer’s Cross of the Order of Merit of the Federal Republic of Germany in 2005. He was a recipient of The Outstanding Filipino Award in the field of Business for the year 2009.
Named by Forbes Magazine as among the “Heroes of Philanthropy” in Asia, he is involved in several social and environmental concerns, among them the Eugenio Lopez Foundation and the Lopez Group Foundation. In 2006, he was honored in Monaco with the IMD-Lombard Odier Hentsch Distinguished Family Award for “an outstanding commitment on philanthropy for the family’s achievement in excellence such as the clarity and sustainability of their social endeavors, exemplary corporate governance, a focus on family values, and the involvement of multiple generations.”
He was conferred Honorary Degree Doctor of Laws, honoris causa by the Philippine Women’s University in April 2009 and by the University of the Philippines in March 2012 and Honorary Degree Doctor of Humanities, honoris causa by De La Salle University in October 2010 and by the Ateneo de Manila University in November 2010. He was the 2011 Ramon del Rosario, Sr. Awardee for Nation Building.
Mr. Lopez has a Master’s degree in Public Administration from the Littauer School of Public Administration in Harvard University (1955), where he also earned his Bachelor of Arts degree, cum laude (1951).
Federico R. Lopez
Chairman of the Board and Chief Executive Officer
Mr. Lopez has been a member of the Board since November 29, 2007. He is currently Chairman and Chief Executive Officer of EDC, and the publicly-listed companies Lopez Holding Corporation, FPH 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, non-profit private sector-led
initiative supporting research and innovative solutions to build climate-resilient communities. He is also the Chairman of Sikat Solar Challenge Foundation, Inc., which focuses on bringing clean energy solutions to rural communities. He is a member of the Board of Trustees of the Philippine Disaster Resilience Foundation, the ABS-CBN Lingkod Kapamilya Foundation, and the Eugenio Lopez Foundation. He is the President 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.
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).
Richard B. Tantoco
President and Chief Operating Officer
Mr. Tantoco sits as a director of the Company since November 29, 2007. He is currently President and Chief Operating Officer of EDC and several EDC subsidiaries, including BGI, GCGI and EBWPC. He also sits as a director and Executive Vice President of First Gen, a publicly-listed company, and several First Gen subsidiaries and a director of Cebu Air, Inc.
He is currently the President and Trustee of the Oscar M. Lopez Center for Climate Change Adaptation and Disaster Risk Management Foundation, Inc. and a trustee in the board of several non-profit organizations, including KEITECH Educational Foundation Inc., Business for Sustainable Development, Inc. and Eugenio Lopez Foundation, Inc. He previously worked with management consulting firm Booz, Allen and Hamilton, Inc. in New York and London where he specialized in mergers and acquisition advisory, turnaround strategy advisory, and growth strategy formulation for media and manufacturing companies.
Mr. Tantoco has an MBA in Finance from the Wharton School of Business of the University of Pennsylvania (1993) and a Bachelor of Science degree in Business Management from the Ateneo de Manila University where he graduated with honors (1988).
Jerome H. Cainglet
Senior Vice President, Deputy Chief Operating Officer and Head of Enterprise Commercial Group
Mr. Cainglet is the Senior Vice-President, Deputy Chief Operating Officer and Head of Enterprise Commercial Group of the Company, having been appointed by the Board of Directors on February 10, 2022.
He is also 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 Corporation. 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 Corporation 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 is currently the Executive Vice-President and Regulatory Compliance Officer of the Company. 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).
Ma. Elizabeth D. Nasol
Senior Vice President, Head of Human Resource Management Group
Ms. Nasol joined the Company 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.
Before joining the Lopez Group, she was the Vice-President for Corporate Human Resource of Roxas Holdings Inc. and all its subsidiaries, and formerly 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 spent the majority of her professional career.
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).
Her professional development continues to date and in 2018 she became a “Certified Total Rewards Fellow” by the Asian Total Rewards Institute, which is based in Singapore. She is also an active member of the People Management Association of the Philippines (“PMAP”) and 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”). In 2020, she was a member of the PMAP Foundation Board of Trustees when the “Kapwa Diwa” initiative was launched. This initiative focused on creating awareness for inculcating the Filipino values of Malasakit sa Kapwa. She has been an elected member of the PMAP Board of Trustees assigned as the Trustee in charge of the Data and Research Ccommittee since 2021. Currently, she has been elected as member of the PMAP Executive Board as Vice President.
Liberato S. Virata
Senior Vice President, Head of Facilities O&M Group and Project Management
Mr. Virata, Filipino, 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 2nd 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.
Erwin O. Avante
Senior Vice President, Chief Financial Officer, Head of Finance 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 is also a Vice-President in First Gen. Prior to joining the Lopez Group in 1998, Mr. Avante worked as Senior Audit In-charge at SyCip, Gorres, Velayo &. Co.
Mr. Avante has a Masters Degree in Business Administration (2000) and a Masters 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.
Emmanuel C. Portugal
Vice President, Chief Digital Transformation Officer
Mr. Portugal, Filipino, is currently the Head of the Technology Office of EDC. He was appointed as Vice President and Chief Digital Transformation Officer in May 15, 2017. He is a highly experienced executive with a strong track record in business development, product marketing, sales and channel management. Among the companies he worked for are IBM, DFNN, Intel, and VMware. Prior to EDC, Mr. Portugal was the Country Manager of VMware Philippines where he established the organization as a strategic cloud computing and mobility platform for large enterprises in the telecommunications, banking, manufacturing, and public sector industries.
Mr. Portugal graduated from the University of the Philippines, with a Bachelor of Science degree in Mechanical Engineering, in 1985.
Jennifer Joy Santamarina Santos
Chief Transformation Officer, Head – Transformation Office
Ms. Santamarina, Filipino, 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, technology) located in the Philippines and overseas. Prior to joining EDC, she managed multiple transformation programs in the 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. Santamarina 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.
Jay Joel L. Soriano
Vice President, Head of Integrated Planning
Mr. Soriano, Filipino, was appointed by the Board in May 2019 as Vice President and Head of the Integrated Planning. With experience in strategic planning, business development, and other commercial functions, he is leading major organizational changes and multiple growth initiatives. 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.
Mr. Soriano obtained his bachelor’s 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 Geothermal Resource, Sub-Surface Group
Mr. Alcober, Filipino, was appointed by the Board as Vice President in May 2019 and was Head of Geothermal Resource, Sub-Surface Group since 2018. 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.
James E. Jumawan
Vice President, Head of Well Services Group
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 is also a Vice-President in First Gen. Prior to joining the Lopez Group in 1998, Mr. Avante worked as Senior Audit In-charge at SyCip, Gorres, Velayo &. Co.
Mr. Avante has a Masters Degree in Business Administration (2000) and a Masters 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.
Emeterio T. Busmeon
Vice President, Head – Facility Operations
Mr. Busmeon was appointed by the Board in December 2019 as Vice President and Head – Facility Operations. He joined EDC in 2009. He joined EDC in 2009. Prior to joining EDC, he was Acting Manager of the Maintenance Division of the National Power Corporation, having been with said company since 1990.
Mr. Busmeon graduated from the Siliman University, with a Bachelor of Science degree in Mechanical Engineering in 1984. He holds a Master’s Degree in Public Administration also from Siliman University. He practices as a Professional Mechanical Engineer in accordance with the Philippine Regulation Commission. He is also as a Certified Maintenance & Reliability Professional by the American National Standard Institute.
Maribel A. Manlapaz
Vice President, Head of Comptrollership
Ms. Manlapaz, Filipino, 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.
Regina Victoria J. Pascual
Vice President
Head, Health Environment Safety – Business Process and Management Systems (HES-BPMS)
Head, Corporate Support Functions (CSF)
Ms. Pascual, Filipino, joined EDC in 1990. Prior to joining EDC, she managed water supply and sanitation programs under the Department of Interior and Local Government (DILG) and its partnerships with the United States Agency for International Development (USAID).In her 30 years in EDC, she has showcased her leadership and expertise in different functions related to hydrogeology, environmental management, and Integrated Management Systems (IMS) 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.
Reman A. Chua
Vice President
Mr. Chua has been with EDC from 2007 to the present. He led the Company’s 150 MW Burgos Wind Project and was appointed as Vice President on September 9, 2015.
Before his assignment to EDC, he began his career with the Lopez Group in 2002 as a Manager for Business Development under FGP Corporation. For a time, he was studying natural gas power vehicles as an extension business for the group and as an entry to non-power market for natural gas in the Philippines. He was assigned to the Manila North Tollways Corporation as manager for marketing, compliance and Business Development from 2002 up to 2005, during which the rehabilitation and expansion of the North Luzon Expressway (“NLEX”) was undertaken and successfully completed in 2005. He led the marketing communications efforts that managed the increase of the toll rates in NLEX. Thereafter, he returned to First Gen and led various acquisition projects in the power sector.
He graduated with a Bachelor of Arts degree in Economics from Ateneo de Manila University, and holds a Masters in Business Management degree from the Asian Institute of Management.
Ariel Arman V. Lapuz
Vice President
Mr. Lapus was appointed by the Board in March 2012 to oversee EDC’s business development efforts in Latin America and was based in Santiago, Chile. He sits in the boards of directors of the EDC companies in Chile and Peru.
Mr. Lapus is concurrently Vice-President of First Gen and Chief Operating Officer of Pi Energy Inc. and FP Island Energy Corporation (all subsidiaries of First Philippine Holdings Corporation). He is also a Board Member of the Sikat Foundation.
Prior to joining the Lopez Group, Mr. Lapus was Executive Vice President of Global Business Power Corporation and Vice President of Mirant Philippines Corporation. He has more than twenty (20) years of experience in the power industry occupying senior and general management roles in handling business development (including M&A), power marketing and trading, commercial and plant operations, and corporate services.
Mr. Lapus has a Masters in Leadership and Strategy (Sloan Fellow) from the London Business School (2017), a Masters in Business Management from the Asian Institute of Management (1997), and a Bachelor of Science degree in Business Management from the Ateneo de Manila University (1990).
Glenn L. Tee
Assistant Vice President, Chief Audit Executive, Head of Internal Audit Division
Mr. Tee was appointed by the Board in October 2010. Prior to his appointment at EDC, he was Internal Audit Head of First Gen Corporation. He started his career as auditor of Punongbayan and Araullo and joined First Philippine Holdings Group (“FPH”) 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 Masters in Business Administration from the Asian Institute of Management (2009).
Ryan Z. Velasco
Assistant Vice President, Corporate Information Officer, Head of Mergers and Acquisitions and Head of Investor Relations
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 the Company’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.
Bernadette Ann V. Policarpio
Vice President, Corporate Secretary, Head of Strategic Initiatives, Legal, & Regulatory Office
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, and she currently heads the Strategic Initiatives, Legal & Regulatory Office and, concurrently, the Legal Services Division.
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., 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. In 2006, Atty. Policarpio received her Master of Laws degree from the University of Michigan in Ann Arbor, Michigan, U.S.A., as a Michigan Grotius Fellow.
Ana Maria A. Katigbak-Lim
Assistant Corporate Secretary
Atty. Katigbak-Lim, Filipino, was appointed by the Board in January 2007 as Assistant Corporate Secretary, and was appointed as Corporate Secretary on September 7, 2016. On October 3, 2017, she was appointed anew as Assistant Corporate Secretary. She is a Senior Partner of the Castillo Laman Tan Pantaleon & San Jose Law Firm.
Atty. Katigbak 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.