Board of Directors
Oscar M. Lopez, Chairman Emeritus, served as Chairman of the Corporation from its incorporation in 1998 until his retirement in June 2010. He is also the Chairman Emeritus of both First Philippine Holdings Corporation (FPHC) and Lopez Holdings Corporation, as well as Chairman of Energy Development Corporation (EDC) and a member of the board of ABS-CBN Corporation. In addition, he is Chairman of First Balfour, Inc., First Phil. Electric Corp., First Philippine Industrial Corp., First Philippine Industrial Park, Inc., First Sumiden Circuits, Inc., First Philec Solar Corp., and all member-companies of the First Gen and First Gas groups of companies. Mr. Lopez has led FPHC’s efforts in other businesses aside from energy and power, including toll road construction, industrial park and real estate development, and electronics manufacturing. Mr. Lopez has a master’s degree in Public Administration from the Littauer School of Public Administration, Harvard University (1955). Mr. Lopez also earned his Bachelor of Arts degree (cum laude) from Harvard University (1951).
Federico R. Lopez, the Chairman and Chief Executive Officer of the Corporation, is also Chairman and CEO of FPHC, as well as director of EDC , ABS-CBN, First Private Power Corp., and Bauang Private Power Corp. He also serves as director, President and CEO of FG Bukidnon Power Corp., First Gen Hydro Power Corp., First Gen Energy Solutions, Inc., Red Vulcan Holdings Corp., Prime Terracota Holdings Corp., First Gas Holdings Corp., First Gas Power Corp., FGP Corp., Unified Holdings Corp., First NatGas Power Corp., and First Gas Pipeline Corp. Mr. Lopez is also President of First Philippine Conservation, Inc. He is a graduate of the University of Pennsylvania with a Bachelor of Arts degree in Economics and International Relations (cum laude, 1983).
Francis Giles B. Puno is the President and Chief Operating Officer of the Corporation. He is a member of the board of EDC, and Senior Vice President and Chief Financial Officer of FPHC. He is director, Executive Vice President and Chief Financial Officer of FG Bukidnon Power Corp., First Gen Hydro Power Corp., First Gen Energy Solutions, Inc., Red Vulcan Holdings Corp., Prime Terracota Holdings Corp., First Gas Holdings Corp., First Gas Power Corp., FGP Corp., Unified Holdings Corp., and First Gas Pipeline Corp. He is also a member of the board of First Gen Renewables, Inc., First Private Power Corp., and Bauang Private Power Corp. Prior to joining the Corporation, Mr. Puno worked as Vice President with the Global Power and Environmental Group of The Chase Manhattan Bank based in Singapore. 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 Ateneo de Manila University (1985).
Richard B. Tantoco, the Executive Vice President of the Corporation, is a member of the board of EDC where he serves as President and Chief Operating Officer. He is also Senior Vice President of FPHC, and President and CEO of First Gas Pipeline Corp. Mr. Tantoco is director, Executive Vice President and Chief Operating Officer of FG Bukidnon Power Corp., First Gen Hydro Power Corp., First Gen Energy Solutions, Inc., Red Vulcan Holdings Corp., Prime Terracota Holdings Corp., First Gas Holdings Corp., First Gas Power Corp., FGP Corp., Unified Holdings Corp., First NatGas Power Corp., and FGLand Corp. Prior to joining the Corporation, Mr. Tantoco worked with management consulting firm Booz, Allen and Hamilton, Inc. in New York and London. 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 Ateneo de Manila University where he graduated with honors (1988).
Peter D. Garrucho, Jr. served as the Corporation’s Vice Chairman and CEO from 1998 to 2008, and as FPHC Managing Director from 1994 to 2008. He is Vice Chairman of Franklin Baker Corp., and sits in the boards of FPHC, Energy Development Corporation, First Private Power Corp., FG Bukidnon Power Corp., First Gen Hydro Power Corp., First Gen Energy Solutions, Inc., Red Vulcan Holdings Corp., Prime Terracota Holdings Corp., First Gas Holdings Corp., First Gas Power Corp., FGP Corp., Unified Holdings Corp., and First Gas Pipeline Corp. Mr. Garrucho served as Secretary of Tourism and Secretary of Trade & Industry during the administration of President Corazon C. Aquino. He was also Executive Secretary and Presidential Adviser on Energy Affairs under President Fidel V. Ramos. Mr. Garrucho has an AB-BSBA degree from De La Salle University (1966) and a Master of Business Administration degree from Stanford University (1971).
Elpidio L. Ibanez is the President and Chief Operating Officer of FPHC. He is a member of the boards of First Gen Renewables Inc., FG Bukidnon Power Corp., Bauang Private Power Corp., First Private Power Corp., First Gas Holdings Corp., First Gas Power Corp., FGP Corp., Unified Holdings Corp., and First Gas Pipeline Corp. He is Chairman of the board of First Batangas Hotel Corp. and President of First Philippine Utilities Corp. He is also a director of various FPHC subsidiaries and affiliates such as First Balfour, Inc., First Philippine Electric Corp., First Philippine Industrial Corp., First Philippine Industrial Park, Philippine Electric Corp., and Securities Transfer Services, Inc. Mr. Ibañez obtained a master’s degree in Business Administration from the University of the Philippines (1975) and a Bachelor of Arts degree major in Economics from Ateneo de Manila University (1972).
Eugenio L. Lopez III is the Chairman and CEO of ABS-CBN, Vice Chairman of Bayan Telecommunications, President/Director of Sky Vision Corporation, and Director/Treasurer of Benpres. He is also the chairman and CEO of the Lopez Communications Group (CommGroup), the management committee that he formed in 1997 to oversee the development and implementation of convergence projects for ABS-CBN, together with BayanTel and SkyCable, the Lopezes’ investments in telecommunications, cable telephony and data warehousing across the three companies. He is aggressively pursuing ABS-CBN’s diversification into various successful ventures that include interactive media, sound recording, post-production, international cable and satellite distribution, sports programming and licensing and merchandising. He earned a Bachelor of Arts degree in Political Science from Bowdoin College in 1974 and a Masters degree in Business Administration from the Harvard Business School in 1980.
Tony Tan Caktiong is the Chairman and CEO of retail giant Jollibee Foods Corp. He is at the helm of Chowking, Greenwich, Delifrance, Red Ribbon Bakeshop, and Yonghe King. He is a member of the board of trustees of the Asian Institute of Management, St. Luke’s Medical Hospital, and the Philippine Academy of Sakya, and is an independent director of Sun Life Prosperity Dollar Abundance Fund, Inc. and Sun Life Prosperity Dollar Advantage Fund, Inc. He has received numerous awards including the World Entrepreneur of the Year award in 2004. Mr. Caktiong has a Bachelor of Science degree in Chemical Engineering degree from the University of Santo Tomas (1975) and has management tutoring certifications from Harvard University, Asian Institute of Management, University of Michigan Business School, and Harvard Business School.
Cezar P. Consing is a Partner of the Rohatyn Group, a New York-headquartered independent investment management company that focuses on emerging markets. He has over twenty years’ experience in international finance. Mr. Consing is also an independent director of Bumiputra Commerce Holdings Berhad, CIMB Group Sdn. Berhad, and CIMB-GK Pte Ltd. He is director and chairman of the executive committee of Premiere Bank, and board member of the Asian Youth Orchestra and FILGIFTS.com. He was a board director of Bank of the Philippine Islands from 1995-2000 and 2004-2006. Prior to joining the Rohatyn Group, Mr. Consing held several senior management positions at JP Morgan & Co. and JP Morgan Securities (Asia Pacific) Limited. Mr. Consing has a Bachelor of Arts degree in Economics (magna cum laude) from De La Salle University (1979) and a master’s degree in Applied Economics from the University of Michigan (1980). Mr. Consing is based in Hong Kong. The Rohatyn Group has never rendered professional advisory services to the Corporation or any of its subsidiaries.
