Board of Directors, Management Team and Executive Officers

REYNALDO B. VEA, PhD, 73, Filipino, is the Company’s Chairman and Chief Executive Officer since February 01, 2022. Dr. Vea is also a Director of Malayan Education System, Inc. (operating under the name Mapúa University), Mapua Malayan Colleges Laguna, (A Mapúa School), Inc., Mapua Malayan Colleges Mindanao (A Mapua School), Inc.; Malayan High School of Science, Inc., and Mapua Techserv; Trustee of AY Foundation, Yuchengco Center of De La Salle University, and Yuchengco Museum; Director of Maibarara Geothermal, Inc., and Petrogreen, Inc., Chairman of the Philippine Qualifications Framework – National Referencing Committee (PQF-NRC), CHED-NZQA Technical Working Group on the Comparative Analysis of New Zealand’s and the Philippines’ Bachelor’s Degrees, and the Philippine Science High School Foundation, Inc.; Member of the Multi-Sector Governing Council of the Maritime Industry Authority (MARINA) since July 2023 and the Standing Committee for Higher Education & Teacher Education and Development, Second Congressional Commission on Education (EDCOM II).  

 He was also President of Malayan Education System, Inc. (operating under the name Mapúa University), Mapua Malayan Colleges Laguna, (A Mapúa School), Inc. and Mapua Malayan Colleges Mindanao (A Mapua School), Inc., Director of House of Investments, Inc., Grepalife Dollar Bond Fund, Grepalife Fixed Income Fund, National Research Council of the Philippines, PetroWind, Inc., and Rizal Commercial Banking Corporation; Chairman of the Engineering Sciences and Technology Division of the National Academy of Science and Technologya and the Committee on Science and Technology in UNESCO National Commission; Member of Philippine Fulbright Commission and UNESCO National Commission; Trustee of Philippine Association Colleges and University;  Dean  of UP College of Engineering.  

 Dr. Vea’s educational attainments include Ph.D. in Engineering from University of California, Berkley, USA; Master in Naval Architecture and Marine Engineering from Massachusetts Institute of Technology, USA; and Bachelor of Science in Mechanical Engineering (magna cum laude) from University of the Philippines. 

ALFREDO ANTONIO I. AYALA, 64, Filipino, was elected as Director and Chief Operating Officer on May 06, 2019, and as the Company’s President on February 01, 2022. He is also a Managing Director and member of the Management Committee of Ayala Group, and President and Chief Executive Officer of National Teachers College.  He is the Chairman of the Board of Directors of National Teachers College and Linc Institute; and Chairman of the Board of Trustees of University of Nueva Caceres; Director of Affinity Express, Malayan Education System, Inc. (operating under the name Mapúa University), Mapua Malayan Colleges Laguna, (A Mapúa School), Inc., Mapua Malayan Colleges Mindanao (A Mapua School), Inc.; Malayan High School of Science, Inc.; Member of EDCOM II (Education Commission 2)’s Advisory Council and PSAC (Private Sector Advisory Council)’s Jobs Committee; ; and a Trustee of Philippine Business for Education (PBEd) and Ayala Foundation, Inc.  Mr. Ayala is also a Member of PBEd’s National Industry Academe Council. Prior to the merger, Mr. Ayala was the President and Chief Executive Officer of AC Education, Inc.  

 Mr. Ayala holds an MBA from Harvard University and a BA in Development Studies (Honors) and Economics from Brown University. 

MEDEL T. NERA, 69, Filipino, is a Director since 2011 to present. He is also a Director of House of Investments, Inc., EEI Corp., Seafront Resources Corp., Metro Retail Sales Group, Inc., National Reinsurance Corporation, Holcim Philippines, Inc., and Ionics, Inc. 

He was also President & CEO of House of Investments, Inc.; President of Honda Cars Kalookan, Inc., Director and President of RCBC Realty Corp.; Director and Chairman of the Risk Oversight Committee of Rizal Commercial Banking Corp.; Director and Treasurer of CRIBS Foundation, Inc., and Senior Partner at Sycip Gorres Velayo & Co.  

 Mr. Nera’s educational attainments include Master in Business Administration from Stern School of Business, New York University, New York, USA; Bachelor of Science in Commerce from Far Eastern University, Manila, Philippines; International Management Program from Manchester Business School, Manchester, United Kingdom; and the Pacific Rim Bankers Program from University of Washington, Seattle, Washington, USA. 

GERARDO C. ABLAZA, JR., 71, Filipino, is the Company’s Director since May 06, 2019. He is also a Consultant for Ayala Corporation; Director of AC Healthcare Holdings, Inc., AC Energy and Infrastructure Corporation (formerly AC Energy, Inc.), AC Infrastructure Holdings Company, BPI Asset Management and Trust Corporation (doing business under the trade name and style of BPI Wealth), BPI Direct BanKo Inc., Ayala Retirement Fund Holdings, Inc., Purefoods International Limited, A.C.S.T. Business Holdings, Inc., Liveit Investments Limited, Asiacom Philippines, Inc.; Independent Director of Advanced Info Services, PLC (Thailand) and Roxas and Company, Inc.;  Chairman of the Board of Trustees of The BPI Foundations, Inc.; Member of the Board of Trustees of Ayala Foundation, Inc., and Gawad Kalinga Foundation Inc. Mr Ablaza was also President and Chief Executive Officer of Manila Water Company, Inc. and Globe Telecom, Inc., a Member of the Board of Trustees of De La Salle University-Manila, De La Salle University-Dasmariñas, and De La Salle Medical and Health Sciences Institute.  

 Mr. Ablaza graduated Summa Cum Laude from De La Salle University in 1974 with a degree in Liberal Arts, Major in Mathematics (Honors Program). 

LORENZO V. TAN, 63, Filipino, is the Company’s Director since January, 2018. He is also currently the Chairman of EEI Corp.; Director, President and Chief Executive Officer of House of Investments, Inc., ATYC, Inc., RCBC Realty Corporation, Tarlac Terra Ventures, Inc., and San Lorenzo Ruiz Investment Holdings and Services, Inc.; Vice Chairman of Pan Malayan Management and Investment Inc. (PMMIC) and TOYM Foundation; Director at Smart Communications, Digitel Telecommunications, Malayan Insurance Company, Inc., Sunlife Grepa Financial, Inc., Manila Memorial Park Cemetery Inc., PetroEnergy Corporation, Philippine Realty and Holdings Corporation (Philrealty), Hi-Eisai Pharmaceutical Inc., Honda Cars Philippines and Isuzu Manila, Inc.; and Member of the Board of Trustees at De La Salle Zobel.  

 He was also President and Chief Executive Officer of Rizal Commercial Banking Corporation. Prior to that he also served as the President and CEO of Sun Life of Canada (Philippine), Inc., the Philippine National Bank, and the United Coconut Planters Bank; Managing Director of Primeiro Partners, Inc.; Chairman of Asian Bankers Association (ABA); President of Bankers Association of the Philippines (BAP). As BAP President, he led the Association in representing the BAP in the ASEAN Bankers Association (ABA), composed of the national banking associations from the 10-member countries in the Association of Southeast Asian Nations (ASEAN).  

 Mr. Tan is a Certified Public Accountant in Pennsylvania, USA and in the Philippines. He graduated from De La Salle University with a Bachelor of Science degree in Accounting and Commerce; and holds a Master in Management degree from the J.L. Kellogg Graduate School of Management, Northwestern University. 

YVONNE S. YUCHENGCO, 70, Filipino, is the Company’s Director since 2001. She is also the Chairperson and President of Philippine Integrated Advertising Agency, Inc., Y Tower II Office Condominium Corp., Yuchengco Tower Office Condominium Corp., XYZ Assets Corporation, and Royal Commons, Inc.;  Chairperson of Y Realty Corporation, and RCBC Capital Corporation;  Vice Chairperson of National Reinsurance Corp. of the Philippines and Malayan Insurance Co., Inc.;  Director, Treasurer and CFO of Pan Malayan Management & Investment Corp.; Director and President of Alto Pacific Corporation, MICO Equities, Inc. and RCBC Land, Inc.; Director and Treasurer of Water Dragon, Inc., HI Cars, Inc., Malayan High School of Science, Inc., Mona Lisa Development Corp., Petro Energy Resources Corp., Mayahin Holdings Corporation, and Pan Malayan Realty Corp.; Director and Vice-President of AY Holdings, Inc.; Trustee and Chairperson of The Malayan Plaza Condominium Owners and Yuchengco Museum, Inc.; Director of Annabelle Y. Holdings & Management Corporation, A.T. Yuchengco, Inc., Enrique T. Yuchengco, Inc., DS Realty, Inc., GPL Holdings, Inc., House of Investments, Inc., HYDee Management & Resources Corp., La Funeraria Paz-Sucat, Inc., Luisita Industrial Park Corp., Malayan International Insurance Corp., Manila Memorial Park Cemetery, Inc., MPC Investment Corporation, Pan Malayan Express, Inc., Seafront Resources Corp., Shayamala Corporation, YGC Corporate Services, Inc., and Asia-Pac Reinsurance Co., Ltd.; Trustee of Avignon Tower Condominium Corporation, Phil-Asia Assistance Foundation, Inc., Malayan Education System, Inc. (Operating Under the Name of Mapua University), AY Foundation, Inc., Yuchengco Center, Inc.; Advisory Member of Rizal Commercial Banking Corporation. She was also Director/Vice President and Treasurer of Pan Managers, Inc.; Director and Treasurer of Honda Cars Kalookan, Inc. Ms. Yuchengco holds a degree in A.B. Interdisciplinary Studies from Ateneo de Manila University 1975