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 78, is the Chairman of the Board and CEO of Romago
Corporation and Fabriduct & Metal Systems, Inc. He is the Chairman of the Board of Romago, Inc. Guam
and Electro Mechanical Products International, Inc. He also serves as President of Asia Pacific Golf Cars
Corporation. He is also a director and serves as Chairman of the Membership Committees of The Manila
Southwoods Golf & Country Club, Inc. and Camp John Hay Golf Club, Inc.
|Members:||RAFAEL M. ALUNAN, III
Filipino, age 73, sits on the Boards of Pepsi Cola Products (Philippines), Inc.,
(PCPPI); Sangley Airport Infrastructure Group, Inc.; the Philippine Council for Foreign Relations (PCFR);
the Spirit of EDSA Foundation; and the Rotary Club of Mania (RCM). He chairs the Philippine Council for
Foreign Relations and Harvard Kennedy School Alumni Association of the Philippines Inc.; is President
and Trustee of the Philippine Taekwondo Foundation; founded One Philippines Party List; is Senior
Adviser to United Harvest Corporation, Kaltimex Energy Philippines, and United Defense Manufacturing
Corp.; and is Chairman of PCPPI's Audit Committee. He is a member of the International Institute for
Strategic Studies (IISS); the Maritime League; the Fraternal Order of Eagles of the Philippines; and Zeta
Phi Omega fraternity. He is an Eminent Fellow of the Development Academy of the Philippines (DAP);
and Fellow of the Institute of Corporate Directors (ICD) and Institute for Solidarity in Asia (ISA). He writes
a column for Business World; co-authored the book entitled "Silver Linings"; and produced the
documentary entitled "Tagaligtas." He holds the rank of Colonel in the Armed Forces of the Philippines,
and commanded the 131st Infantry Division (Standby Reserve) and, later, the 9th Infantry Division
(Ready Reserve) of the Philippine Army. He is an adopted member of the Philippine Military Academy
Marangal Class of 1974, PC-Special Action Force, Special Forces Regiment (Airborne) and First Scout
Ranger Regiment. He obtained his double degree in Business Administration and History-Political
Science from De La Salle University; attended Ateneo de Manila University's Master in Business
AdministrationSenior Executive Program; earned a Master's degree in Public Administration and a
certificate in Executive Education from Harcard Kennedy School of Government; and graduated from the
Philippine Army's Command and General Staff College Operations 11 Course. He served in the Cabinets
of Presidents Corazon C. Aquino and Fidel V. Ramos as Secretary of Tourism and Secretary of the Interior
and Local Government, respectively.
|ROBERTO S. ROCO
Filipino, age 69, is a Director of the Company. He was the Chief Financial Officer
of Global-Estate Resorts, Inc. and its affiliate companies for 18 years until his retirement in late 2013. He
graduated from Ateneo de Manila University with a degree in Bachelor of Science in Management.
| SOLITA S. ALCANTARA
Filipino, age 60, is the Chief Audit Executive of the Company. She concurrently
holds the position of Vice President for Internal Audit of Fil-Estate Management, Inc. (FEMI) and affiliate
companies. She is a Certified Internal Auditor and a Certified Public Accountant with over 30 years of
solid experience in internal audit, accounting, treasury and budgeting. 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 units of Master's Degree in Business Administration from De La Salle University.