The Audit Committee has oversight of financial reporting, internal control and risk management of the Company.

Majority of the members of the Audit Committee have accounting and finance background. Each member has adequate understanding or competence of Company’s financial management systems and environment.

Chairman:  FRANCISCO C. GONZALEZ

Filipino, age 71, is the Chairman of the Board and CEO of Romago Inc. and Fabriduct & Metal Systems, Inc. He is also the Chairman of the Board of Electro Mechanical Products International, Inc. He is the President of Asia Pacific Golf Cars Corporation and a Director and Chairman of the Membership Committee of The Manila Southwoods Golf & Country Club, Inc. He is also the proprietor of A & P of Manila.

Members:   ATTY. FERDINAND T. SANTOS

Filipino, age 64, is the President and is one of the three founding members of Fil-Estate Group of Companies. He concurrently holds various positions in the Fil-Estate Group. He is the President of Fil-Estate Management, Inc., Global Estate Resorts, Inc., CJHDEVCO and Southwoods Ecocentrum Corporation. He took his Bachelor of Arts at Arellano University in 1970. He has a Bachelor of Law degree from San Beda College where he graduated Valedictorian and Magna Cum Laude in 1974. He was a topnotcher in the 1974 Philippine Bar Exams (2nd Placer).

  ROBERTO S. ROCO

Filipino, age 62, a Director of CAP General Insurance Corporation. He was the former Chief Finance Officer, Compliance Officer and Corporate Information Officer of Global-Estate Resorts, Inc. He also held concurrent positions in various Fil-Estate Group of Companies. He graduated from Ateneo de Manila University with a degree in Bachelor of Science major in Management.


  EDUARDO R. SANTOS

Filipino, age 62, is a Real Estate Broker with PRC License No. 10222 since 1991. He was employed by Fil-Estate Land Inc. from 1995-2009 as Asst. Vice President for Business Development. He was also the Head of the Vertical Projects Division, Customer Service Division (Vertical Concerns) and Head of the BPO Division. He is presently an active member of the Real Estate Brokers Association of the Philippines (REBAP), Greenhills Chapter, of which he was Past President for 2010. He is a radio broadcaster (music) since 1997 and a Director/Chair for Peace & Order for the Horseshoe Village Homeowners Association since 2009. He graduated with a degree in Bachelor of Science in Commerce, major in Business Administration at the University of Santo Tomas.

   SOLITA S. ALCANTARA

Filipino, age 54, is the Vice President for Corporate/Internal Audit of the Company. She concurrently holds the position of Vice President for Accounting of Fil-Estate Management, Inc. She is a Certified Internal Auditor and a Certified Public Accountant with over 25 years of solid experience in internal audit, accounting, treasury and budgeting. She was formerly the Vice President for Systems and Internal Audit of Global Estate Resorts, Inc, Vice-President for Treasury and Assistant Vice President for Budgeting of Fil-Estate Group of Companies. She graduated with a degree in Bachelor of Science in Commerce major in Accounting from Polytechnic University of the Philippines in 1981. She has earned 42 units of Master’s Degree in Business Administration from De La Salle University. She is likewise a Licensed Real Estate Broker.