BOARD OF DIRECTORS FLORENCIA G. TARRIELA FELIX ENRICO R. ALFILER REYNALDO A. MACLANG FLORIDO P. CASUELA Age 69 Age 67 Age 78 Age 75 Nationality Filipino Nationality Filipino Nationality Filipino Nationality Filipino Education • Bachelor of Science in Business Administration Education • Bachelor of Science and Masters in Statistics, Education • Bachelor of Laws, Ateneo de Manila University Education • Bachelor of Science in Business Administration, Major in degree, Major in Economics, University of the University of the Philippines Accounting, University of the Philippines Philippines Current Position • President of the Bank • Masters in Business Administration, University of • Masters in Economics degree, University of Current Position • Vice Chairman/Independent Director in the Bank the Philippines in the Bank • Advanced Management Program for Overseas Bankers, California, Los Angeles, where she topped the Masters Date of First • February 9, 2013 (as Director) Comprehensive Examination Philadelphia National Bank in conjunction with Date of First • January 1, 2012 Appointment • May 27, 2014 (as President) Wharton School of the University of Pennsylvania Current Position • Chairman of the Board/Independent Director Appointment Directorship in • None Government Civil Service Eligibilities in the Bank Directorship in • None Other Listed Ř &HUWLƓHG3XEOLF$FFRXQWDQW(FRQRPLVW&RPPHUFLDO Companies Attaché Date of First • May 29, 2001 (as Director) Other Listed Appointment • May 24, 2005 (as Chairman of the Board) Companies Other Current • Chairman of PNB (Europe) Plc. Current Position • Director • May 30, 2006 (as Independent Director) Other Current • Chairman/Independent Director of PNB General Insurers Positions • Director of Allied Leasing & Finance Corporation, PNB in the Bank Positions Co., Inc. and PNB RCI Holdings Co., Ltd. Directorship in • Independent Director of LT Group, Inc. Global Remittance and Financial Co., HK, Ltd., Bulawan Date of First • May 30, 2006 • Independent Director of PNB Savings Bank and PNB Other Listed Mining Corporation, PNB Management & Development Appointment Companies International Investments Corp. Corporation and PNB Forex, Inc. Directorship in • None Other Previous • Independent Director of PNB-IBJL Leasing and Finance • Director of the Bankers Association of the Philippines, Asian Other Current • Chairman/Independent Director of PNB Capital Other Listed Positions Corporation Bankers Association, and Bancnet, Inc., where he is also a Positions and Investment Corporation, PNB-IBJL Leasing and Companies Finance Corporation, and PNB-IBJL Equipment Rentals • Senior Advisor to the World Bank Group Executive Board in Treasurer Corporation Washington, D.C. • Director of LGU Guarantee Corporation Other Current • Chairman of PNB Securities, Inc. • Independent Director of PNB International Investments • Special Assistant to the Philippine Secretary of Finance for Positions • Vice Chairman of PNB Savings Bank, Director, PNB Other Previous • Director of PNB Savings Bank Corp. International Operations and Privatization International Investments Corporation, PNB RCI Holdings • Columnist for “Business Options” of the Manila Bulletin • Director of the BSP Positions • President of Allied Savings Bank from 1986 to 2001 Co., Ltd., and Surigao Micro Credit Corporation and “FINEX Folio” of BusinessWorld • Assistant to the Governor of the Central Bank of the • President of Allied Banking Corporation (ABC) from 2001 to • Senior Adviser of the Bank of Makati, Inc. • Director/Vice President of Tarriela Management Co., Inc. Philippines 2009 • Director/Vice President/Assistant Treasurer of Gozon • Senior Advisor to the Executive Director at the International • Director of ABC, PNB Life Insurance, Inc., PNB Italy Other Previous • Director of PNB Life Insurance, Inc., President of Maybank Development Corporation Monetary Fund SpA, PNB International Investments Corporation, PNB Positions Philippines, Inc., Land Bank of the Philippines, and Surigao Micro Credit Corporation • Life Sustaining Member of the Bankers Institute of the • Associate Director at the Central Bank Holdings Corporation, PNB Securities, Inc., PNB Forex, • Head of the Technical Group of the CB Open Market • Vice-Chairman of Land Bank of the Philippines and Philippines and FINEX, where she is also a Director Inc., and Eton Properties Philippines, Inc. • Trustee of TSPI Development Corporation, TSPI MBA, Committee Maybank Philippines, Inc. and Foundation for Filipino Entrepreneurship, Inc. • Monetary Policy Expert in the Economics Sub-Committee • Director, Meralco • Co-author of several inspirational books - “Coincidence of the 1985-1986 Philippine Debt Negotiating Team • Trustee of Land Bank of the Philippines Countryside or Miracle? Books I, II, III (“Blessings in Disguise”), which negotiated with over 400 private international Development Foundation, Inc. IV (“Against All Odds”), and V (“Beyond All Barriers”), creditors for the rescheduling of the Philippines’ medium- • Director of Sagittarius Mines, Inc. and gardening books - “Oops-Don’t Throw Those and long-term foreign debts • Senior Adviser in the BSP Weeds Away!” and “The Secret is in the Soil” • Advisor at Lazaro Bernardo Tiu and Associates, Inc. • Senior Executive Vice President of United Overseas Bank • Environmentalist and practices natural ways of Ř 3UHVLGHQWRI3LOJULPV $VLD3DFLƓF $GYLVRUV/WG (Westmont Bank) gardening • President of the Cement Manufacturers Association of the • Executive Vice President of PDCP (Producers Bank) Philippines (CeMAP) • Senior Vice President of Philippine National Bank Other Previous • Undersecretary of Finance • Board Member of the Federation of Philippine Industries • Special Assistant to the Chairman of the National Power Positions • Alternate Monetary Board Member of the BSP, Land (FPI) Corporation Bank of the Philippines and the Philippine Deposit • Vice President of the Philippine Product Safety and Quality • First Vice President of Bank of Commerce Insurance Corporation Foundation, Inc. • Vice President of Metropolitan Bank & Trust Co. Ř 0DQDJLQJ3DUWQHUDQGWKHƓUVW)LOLSLQD9LFH3UHVLGHQWRI • Convenor for Fair Trade Alliance. Ř 6WDII2IƓFHU%63 Citibank N. A. • Audit Staff of Joaquin Cunanan, CPAs Awards/Citations • President, Bank Administration Institute of the Philippines • One of the ten (10) awardees of the 2001 Distinguished • Independent Director of PNB Life Insurance, Inc. Alumni Award of the UP College of Business Administration Ř 0RVW2XWVWDQGLQJ6XULJDRQRQLQWKHƓHOGRI%DQNLQJDQG Awards/Citations • 2014 Most Outstanding Citibank Philippines Alumni Finance, awarded by the Rotary Club – Surigao Chapter awardee for community involvement 94 PNB • ANNUAL REPORT 2016 ANNUAL REPORT 2016 • PNB 95 BOARD OF DIRECTORS LEONILO G. CORONEL EDGAR A. CUA ESTELITO P. MENDOZA CHRISTOPHER J. NELSON Age 70 Age 61 Age 86 Age 57 Nationality Filipino Nationality Filipino Nationality Filipino Nationality British Education • Bachelor of Arts degree, Major in Economics, Ateneo de Education • Bachelor of Arts in Economics degree (Honors Program), Education • Bachelor of Laws (cum laude), University of the Education • Bachelor of Arts and Masters of Arts in History from Manila University Ateneo de Manila University Philippines Emmanuel College, Cambridge University, U.K. • Advance Management Program, University of Hawaii • Masters of Arts in Economics degree, University of • Master of Laws, Harvard University • Diploma in Marketing, Institute of Marketing, Southern California &UDQƓHOG8. Current Position • Director • Masters of Planning Urban and Regional Environment Current Position • Director in the Bank degree, University of Southern California in the Bank Current Position • Director • Advanced Chinese, Beijing Language and Culture in the Bank Date of First • May 28, 2013 Date of First • January 1, 2009 University Appointment Appointment Date of First • March 21, 2013 (Director) • Sustainable Development Training Program, Cambridge Appointment • May 27, 2014 (Board Advisor) University Directorship in • Independent Director of Megawide Construction Directorship in • Director of San Miguel Corporation and Petron Corporation • May 26, 2015 (Director) Other Listed Corporation Other Listed Current Position • Independent Director Companies Companies Directorship in • None in the Bank Other Listed Other Current • Independent Director of DBP-Daiwa Capital Markets Phil. Other Current • Chairman of Prestige Travel, Inc. Date of First • May 31, 2016 Companies Positions • Director of Software Ventures International Positions • Director of Philippine Airlines, Inc. Appointment • Practicing lawyer for more than sixty (60) years Other Current • Chairman of Lux Et Sal Corporation Other Previous • Chairman of PNB-IBJL Leasing and Finance Corporation Directorship in • None Positions • Director of the Philippine Band of Mercy, the Other Previous • Professorial Lecturer of law at the University of the Positions and PNB-IBJL Equipment Rentals Corporation Other Listed Federation of Philippine Industries, Bellagio 3 Positions Philippines • Executive Director of the Bankers Association of the Companies Condominium Association, Inc. and Greenlands Community • Undersecretary of Justice, Solicitor General and Minister of Philippines and RBB Micro Finance Foundation • Vice President/Member of the Board of Trustees of the Justice • Director/Treasurer of Philippine Depository and Trust Other Current • Independent Director of PNB Capital and Investment American Chamber Foundation Philippines, Inc. and • Member