| | | | Message from the Chairman | | | History | | | Vision, Mission & Values | | | Board of Directors | | | Organizational Chart | | | Conglomerate Structure | | | Other Officers | | | Board Committees | | | AOI & By-Laws | | | | | |
| Chairman’s Message
AGI Annual Stockholders’ Meeting ( June 20, 2019)
The year 2018 was another period of strong performance for Alliance Global Group, Inc. (AGI). Our subsidiaries broke barriers, set newest trends and surpassed expectations as we continue to disrupt the market and outperform the competition.
We recorded unprecedented level of consolidated revenues of P156.8 billion and a net income of P23.7 billion for the year. The strong performance of our subsidiaries has placed us once more at a business highpoint. This was achieved through our aggressive expansion strategies in the past five years with prudent financial management across our various business segments.
Megaworld Corporation, our property development arm, posted record earnings of P15.8 billion on revenues of P57.4 billion in 2018.
During the year, it has launched its biggest series of residential projects yet since it initially broke ground 30 years ago. Totaling P106 billion worth of development projects with over 11,200 residential units were made available to the market in Metro Manila, as well as in the northern and southern regions of the country.
New lifestyle malls were built within its townships, bringing to 700,000 square meters its total gross floor area of commercial spaces designed to provide a new level of retail experience to its customers. More office towers were also completed, beefing up gross leasable space to an aggregate of 1.1 million square meters.
Topping our list of office projects, we are very pleased to be the chosen firm of JP Morgan Chase Bank NA. to construct its build-to-suit global service center in the Philippines. This huge project brokered something more than just an edifice: the proffered trust proved most invaluable. Contracts akin to these should reinforce Megaworld’s foothold in the real estate industry.
As we align ourselves with the continued growth in the country’s tourism sector, our Group opened the doors of more new hotels in Metro Manila and in other key provincial cities. To-date, AGI – under the combined hotel portfolio of Megaworld and Travellers International Hotel Group, Inc.– currently offers a total of 5,175 rooms to our valued guests, bringing us closer to our target of 12,000 keys in three to five years.
The Hilton Hotel and Sheraton Hotel now tower within the Resorts World Manila complex and will soon be joined by other world-renowned brands such as Hotel Okura and the Ritz-Carlton Hotel. Iloilo City finally has its first international hotel on the unveiling of the Courtyard by Marriott in Iloilo Business Park. Our homegrown brands have also performed well, including our newly-launched Twin Lakes Hotel & Spa in Batangas. Aggregate revenues from our hotel operations have reached P5.0 billion in 2018.
Resorts World Manila, owned and operated by Travellers, still maintains its position as the country’s most expansive integrated leisure and entertainment resort. Travellers recorded P1.4 billion in net profit in 2018 as gross revenues reached P24.7 billion.
Gross gaming revenues rose by 17%, driven by the strong surge in VIP rolling volumes while its mass segment also recovered. The soft opening of the Grand Wing saw an upturn in property visitation which averaged at 28,500 per day while hotel occupancy rate stood at 79% across its various international hotel brands.
Emperador Inc. rides high on its brandy dominance in the global market and record-breaking feats in international whisky sales. In 2018, its consolidated revenues reached P47.1 billion while net profit amounted to P6.8 billion as we continued to expand our spirits portfolio in terms of product variation and market performance.
Whyte and Mackay maintains its remarkable growth, driven by its leading single malt brands The Dalmore and Jura. The Dalmore remains at the apex of the Scotch whisky single malt category as the brand attracted new consumers through both the Core Range and the Rare Expressions. Our other single malt whiskies Jura, Tamnavulin and Fettercairn have widened their market reach with numerous product launches. Our blended whisky, Shackleton, also continues to strengthen its market stature in the UK, US and Travel Retail, and sees Asia as a new region to conquer this year.
Bodegas Fundador prevails as one of the world leaders in the brandy segment. Its Fundador Supremo 18YO, a super-premium Brandy de Jerez, has earned recognition as the Best Grape Brandy at the Hong Kong International Wine & Spirit Competition. Our Domecq trademarks have also gained a firm commercial reach to South America, specifically Brazil and Colombia, and in the US.
Despite fierce competition among local brands, our flagship product Emperador Brandy maintains its nationwide market leadership, particularly in key metro cities. Emperador Light celebrated its success as it honors the resilience of the Filipinos with the “Galing ng Pilipino” ad campaign that cuts across different media platforms and complete with its original accompanying song, “Ating Tagumpay”. We successfully launched in the local market The Bar Premium Gin in Pink, Lime and Premium Dry variants which has become a certified party favorite among the young crowd. Slowly but surely, our spirits brands have captured the taste and patronage of strong drinks aficionados both here and overseas.
Our quick service restaurant business under Golden Arches Development Corporation has launched its first batch of NXTGEN stores in 2018, bringing innovations that will upgrade service and consumer dining experience to the next level. McDonald’s ended the year with 620 stores, effectively adding one store a week under its aggressive expansion program across the country. This, coupled with a healthy growth in same-store sales, have underpinned its improvement in revenues to P28.3 billion and profit to P1.6 billion during the year.
The youngest enterprise among our line-up of subsidiaries, Infracorp Development Inc., has succeeded to be granted original proponent status in both of its maiden projects. The Fort Bonifacio-Makati Skytrain, a 2-kilometer monorail which will link our Uptown Bonifacio township to Makati City, will immensely alleviate the everyday commute of the riding public.
Another project, the rehabilitation and upgrade of the Ninoy Aquino International Airport (NAIA), will help increase the capacity of NAIA in accommodating an estimated 47 million passengers in 2021 and about 65 million passengers by 2023.
Through a quarter of a century since our incorporation, AGI has built a proven track record of creating value over time and in delivering sustainable and profitable growth for its stakeholders. We continue atmosphere for all of our business segments.
AGI will always rely on the staunch dedication and unwavering support of all of our stakeholders for continued corporate advancement and in pursuit of nation-building. Once more I seek the same passion and your unrelenting commitment to spur our group to initiate and innovate more groundbreaking strategies for the fulfillment of our goals for 2019 and the years to come.
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History
AGI was incorporated in the Philippines on October 12, 1993 and began operations in 1994 as a glass container manufacturer after it acquired a glass manufacturing plant in Canlubang, Laguna. After its listing on the PSE in 1999, the Company obtained approval from the Philippine SEC to broaden its primary business and become a holding company. That same year, the Company began acquiring a diverse group of businesses, primarily in the real estate and food and beverage industries, as set out below:
- In August 2000, the Company's wholly-owned subsidiary, AGB, acquired McKester Pik-Nik International Limited and took over the international trade and distribution business for several branded consumer products.
- In February and October 2001, the Company acquired two Philippine-based real estate companies, Tradewind Estates and First Centro, Inc., respectively.
- In February and October 2001, the Company acquired two Philippine-based real estate companies, Tradewind Estates and First Centro, Inc., respectively.
- In June 2003, the Company bid for and was awarded approximately 25 hectares of the land in Fort Bonifacio, Taguig, Metro Manila, now known as McKinley Hill, that were owned by the Bases Conversion and Development Authority ("BCDA"), a Government agency organized to arrange for the disposal of Government-owned land occupied by military bases. The Company subsequently entered into a joint development agreement with Megaworld in July 2003 to develop this property.
- In March 2005, AGI entered the quick service restaurants industry through the acquisition of 49% of the common shares in GADC, a company owned and controlled by Mr. George Yang, the then-Chairman and President of AGI, from McDonald's Restaurant Operations, Inc. ("MRO").
- In February 2007, AGI acquired EDI, a company that had previously acquired the brandy manufacturing assets and related brands of Consolidated Distillers, which is owned and controlled by the Tan Family.
- In February 2007, AGI acquired an additional 26% of the shares in Megaworld, a company founded by Mr. Andrew Tan in 1989, in which it already owned 21% of the shares through its wholly-owned subsidiary New Town Land Partners, Inc. Megaworld was listed on the PSE on June 15, 1994.
- In February 2007, the Company was reorganized to consolidate various businesses controlled by Mr. Andrew Tan, who had been appointed Chairman and Chief Executive Officer of the Company in September 2006.
- In 2008, the Company entered into integrated tourism development, with gaming activities, by partnering with a leading multinational leisure, entertainment and hospitality group.
- In 2011, AGI expanded its integrated tourism estate development outside of Metro Manila, particularly in the Calabarzon and Visayan regions, and in 2014, in Mindanao.
- From 2013 to 2017, the Group expanded its spirits manufacturing business abroad through acquisitions of rich heritage in Spain, United Kingdom and Mexico. The Group started acquiring vineyard lands, aged liquids and assets in Spain in early parts of 2013 and 2014, and brandy and sherry wine assets in 2016 and 2017, which include the oldest bodegas in Spain, the first brandy in Jerez and Mexico and other well-known brands which the Group now owns. The Group owns the 5th largest Scotch Whisky manufacturer in the world with a history of more than 170years, which was acquired in 2014; thus fortifying the distilled spirits business segment
- AGI begins diversifying into infrastructure in 2017 and, in 2018, received an original proponent status for its Skytrain monorail project and its consortium airport project.
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Vision & Mission
We are priming ourselves for international competitiveness in the new century by consistently delivering products and services that meet the quality standards of markets both here and abroad. Through continuing research and innovation, we will enhance the company's ability to gain customer satisfaction and goodwill and build on our market franchise.
As a world-class Filipino conglomerate, we will be an active partner in national economic development through the pursuit of excellence in our core businesses and investment in industries that offer more room for profitability and growth.
As a matter of policy, we will always adapt to the dynamics of the market. Through export development and competitive pricing, we will enhance our competitiveness in an ever-expanding marketplace.
We will constantly strive to enhance shareholder value by making our products and services desirable, accessible and affordable to the target consumers in the Philippines and abroad. Through a continuing reward program, out stockholders will be entitled to an immediate share in the company's gains in the form of stock or cash dividends.
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Board of Directors
 Andrew L. Tan
Chairman of the Board
Mr. Tan has served as Chairman of the Board since September 2006. He has also served as the Chief Executive Officer from September 2006 to June 2018 and as Vice-Chairman of the Board from August 2003 to September 2006. He is also the Chairman of Emperador Inc. and subsidiaries of Megaworld Corporation, Global-Estate Resorts, Inc. and Empire East Land Holdings, Inc. Dr. Tan is also the Chairman and President of Megaworld Corporation from August 1989 to present. He pioneered the live-work-play-learn model in the real estate development through the Megaworld Corporation’s integrated township communities, fueling the growth of the business process outsourcing (“BPO”) industry, food and beverage, and quick service restaurants industries. He was also elected as Director of Travellers International Hotel Group, Inc. on July 2008. Mr. Tan is concurrently the Chairman of the Board and President of Megaworld Land,Inc., Richmonde Hotel Group International Limited, The Bar Beverage, Inc., and Yorkshire Holdings, Inc. He is also Chairman of Emperador Distillers, Inc., Alliance Global Brands, Inc., Suntrust Properties, Inc., Adams Properties, Inc., Consolidated Distillers of the Far East, Inc., Eastwood Cyber One Corporation, Megaworld Central Properties, Inc., Megaworld Foundation, Inc., Townsquare Development Inc., and Adams Properties, Inc. He also serves as Vice-Chairman and Treasure of Golden Arches Development Corporation and Golden Arches Realty Corporation. He is the Chairman and Treasurer of The Andresons Group, Inc. and sits in the boards of Infracorp Development, Inc., Twin Lakes Corporation, Forbes Town Properties & Holdings, Inc., Gilmore Property Marketing Associates, Inc., Megaworld Central Properties, Inc., and Raffles & Company, Inc. He is also the Vice-Chairman and Treasurer of Golden Arches Development Corporation and Golden Arches Realty Corporation and a Director and Treasurer of Andresons Global, Inc. Mr. Tan graduated Magna Cum Laude from the University of the East with a degree of Bachelor of Science in Business Administration.
 Kevin Andrew L. Tan
CEO and Vice-Chairman
Mr. Tan has been elected as Chief Executive Officer since June 2018 and Vice-Chairman since September 2018. He has served as Director since April 20, 2012. He also holds position as Director of Emperador Inc. and subsidiaries of Megaworld Corporation, Global-Estate Resorts, Inc. and Empire East Land Holdings, Inc. He is concurrently the Chairman of Infracorp Development, Inc. and a Director of Emperador Distillers, Inc., Alliance Global Brands, Inc., Anglo Watsons Glass, Inc., Yorkshire Holdings, Inc., The Bar Beverage, Inc., Emperador Brandy, Inc., and New Town Land Partners, Inc. He has over 11 years of experience in retail leasing, marketing and operations. He is currently the Senior Vice President and head of the Commercial Division of Megaworld Corporation, which markets and operates the Megaworld Lifestyle Malls, including Eastwood Mall and The Clubhouse at Corinthian Hills in Quezon City, Venice Piazza at McKinley Hill and Burgos Circle at Forbestown Center, both in Fort Bonifacio, California Garden Square in Mandaluyong City, Newport Mall at Resorts World Manila in Pasay City, Lucky Chinatown Mall in Binondo, Manila, Uptown Mall in Uptown Bonifacio and Southwoods Mall in Laguna. Mr. Tan holds a Bachelor of Science Business Administration degree, major in Management, from the University of Asia and the Pacific.
 Kingson U. Sian
Director and President
Mr. Sian has served as Director and President since February 20, 2007. He also holds position as the Director/Executive Director of Megaworld Corporation. He is also the Director and President of Travellers International Hotel Group, Inc. since June 2008 and as Chief Executive Officer since October 2014. Mr. Sian also served as the Director of Emperador Inc. from August 2013 to 2017.He is the Chairman and President of Asia Finest Hotels & Resorts, Inc., Megaworld Resort Estates, Inc., Prestige Hotels & Resorts, Inc., and Manila Bayshore Property Holdings, Inc. He is Director/President of Adams Properties, Inc., Eastwood Cyber One Corporation, Eastwood Locator’s Assistance Center, Inc., and Forbestown Properties Holdings, Inc. He is also a Director of Asia E-Commerce, Inc., Citywalk Building Administration, Inc., Eastwood Corporate Plaza Building Administration, Inc., Eastwood City Estates Association, Inc., Forbes Town Commercial Center Administration, Inc., ICITE Building Administration, Inc., Paseo Center Building Administration, Inc., Techno Plaza One Building Administration, Inc., and World Café, Inc. He is the Senior Vice President & Chief Executive Officer of Megaworld Land, Inc. Mr. Sian graduated from the University of the Philippines with the degree of Bachelor of Science in Business Economics. He obtained his Masteral Degree in Business Administration for Finance and Business Policy from the University of Chicago.
 Katherine L. Tan
Director and Treasurer
Ms. Tan has served as Director and Treasurer since February 2007. She also holds the position as Director and Treasurer of Emperador Inc. since August 2013. She has served as Director of Megaworld Corporation from August 1989 to present where she previously was the Treasurer from August 1989 to June 1995.She is the Chairman and President of Andresons Global, Inc. and Choice Gourmet Banquet, Inc. She is also Director/President of Consolidated Distillers of the Far East, Inc., Raffles and Company, Inc., and The Andresons Group, Inc. She is the Director/Treasurer of Alliance Global Brands, Inc., Emperador Brandy, Inc., Emperador Distillers, Inc., and Yorkshire Holdings, Inc. She is also Director of Emperador International Limited, Kenrich Corporation, McKesterPik-Nik International Limited, Megaworld Cayman Islands, Inc., Venezia Universal Limited, and The Bar Beverage, Inc. She is the Treasurer of Newtown Land Partners, Inc. Ms. Tan graduated from St. Scholastica’s College with a degree in Nutrition.
 Winston S. Co
Director
Mr. Co has served as Director of Alliance Global Group, Inc. since 1998 where he previously was Vice Chairman of the Board from November 1999 to August 2003 and Chairman from June 1998 to October 1999. He also holds the position of President and Chief Executive Officer of Emperador Inc. since August 2013.He is the Chairman and President of New Town Land Partners, Inc., Chairman of Anglo Watsons Glass, Inc. and Director/President of Emperador Distillers, Inc. He sits in the boards of Alliance Global Brands, Inc., Forbes Town Properties & Holdings, Inc., McKesterPik-Nik International Limited, Raffles & Company, Incorporated, and The Bar Beverage, Inc. He is also Senior Vice President of The Andresons Group, Inc. Mr. Co is a Magna Cum Laude graduate of Jose Rizal College with a Bachelor of Science in Commerce.
 Sergio R. Ortiz-Luis, Jr.
Independent Director
Mr. Ortiz-Luis has served as Independent Director of the Board since September 2007. He has served as Vice-Chairman of the Board from September 2007 to September 2018. He is the President of the Philippine Exporters Confederation, Inc. (PHILEXPORT) and Honorary Chairman and Treasurer of the Philippine Chamber of Commerce & Industry. He is also Honorary Chairman of Integrated Concepts & Solutions, Inc. and Vice Chairman of Export Development Council. He is a Director of Waterfront Philippines, Inc., Philippine Estate Corporation, B.A. Securities, Manila Exposition Complex, Inc., and Jolliville Holdings. He is also an Independent Director of Forum Pacific, Inc. Corporation and Calapan Ventures, Inc.
 Alejo L. Villanueva, Jr.
Independent Director
Mr. Villanueva has served as Independent Director since August 2001He also held the position of Independent Director of Emperador Inc. from August 2013 to present, of Empire East Land Holdings, Inc. from June 2007 to present, and of Suntrust Home Developers, Inc. from October 2012 to present.He is the Chairman of Ruru Courier Systems, Inc. and Vice Chairman of Public Relations Counsellors Foundation of the Philippines, Inc. He is Director of First Capital Condominium Corporation, a non-stock non-profit corporation. He is a professional consultant who has more than twenty years of experience in the fields of training and development, public relations, community relations, institutional communication, and policy advocacy, among others. He has done consulting work with the Office of the Vice President, the Office of the Senate President, the Commission on Appointments, the Securities and Exchange Commission, the Home Development Mutual Fund, the Home Insurance Guaranty Corporation, Department of Agriculture, Philippine National Railways, International Rice Research Institute, Rustan’s Supermarkets, Louis Berger International (USAID-funded projects on Mindanao growth), World Bank (Subic Conversion Program), Ernst & Young (an agricultural productivity project), Chemonics (an agribusiness project ofUSAID), Price Waterhouse (BOT program, a USAID project), Andersen Consulting (Mindanao 2000, a USAID project), Renardet S.A. (a project on the Privatization of MWSS, with World Bank funding support), Western Mining Corporation, Phelps Dodge Exploration, and Marubeni Corporation. Mr. Villanueva obtained his bachelor’s degree in Philosophy from San Beda College, summa cum laude. He has a master’s degree in Philosophy from the University of Hawaii under an East-West Center Fellowship. He also took up special studies in the Humanities at Harvard University. He studied Organizational Behavior at INSEAD in Fontainebleau, France. He taught at the Ateneo Graduate School of Business, the UST Graduate School, and the Asian Institute of Journalism.
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Organizational Chart
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Conglomerate Structure
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Other Officers
Dina D.R. Inting
Chief Financial Officer
Ms. Inting has served as Chief Financial Officer since January 1995 and at present its Compliance Officer and Corporate Information Officer. She holds position in the following other listed company:
| Listed Company |
Position |
Date First Elected |
Date Last Elected |
No. of Terms/ Years |
| Emperador Inc. |
Chief Financial Officer, Compliance Officer and Corporate Information Officer |
Aug 2013 |
May 2018 |
5 |
She is currently director of Progreen Agricorp, Inc. She gained an extensive experience in the fields of audit, comptrollership, treasury, finance, branch operations and personnel management from her previous employments. She is a Cum Laude graduate of Bachelor of Science in Commerce major in Accounting, Honors Program, at the Philippine College of Commerce (Polytechnic University of the Philippines), holds a certificate in Organizational Development from the Ateneo de Manila University, and is a Certified Public Accountant.
Alan B. Quintana
Corporate Secretary
Atty. Quintana is currently First Vice President for Legal – Landbank Management and Titling Department of Global-Estate Resorts, Inc. (“GERI”) since May 2018 and has been with GERI since 2011. He is also a Director of Boracay Newcoast Federation, Inc., Sherwood Hills Development, Inc., Global Shelter, Inc., La Compaña de Sta. Barbara, Inc., Pioneer L-5 Realty Corporation, and Golden Sun Airways, Inc. Prior to GERI, he worked as Corporate Legal Counsel of Fil-Estate Properties, Inc. from 1995-2011. He has a degree in Bachelor of Science in Commerce Major in Accounting from the University of San Carlos and obtained his Bachelor of Laws degree from the San Beda College of Law.
Rolando D. Siatela
Assistant Corporate Secretary
Mr. Siatela has served as Assistant Corporate Secretary since August 30, 2002. He holds position on the following other listed companies:
| Listed Company |
Position |
Date First Elected |
Date Last Elected |
No. of Terms/ Years |
| Suntrust Home Developers, Inc. |
Corporate Secretary and Corporate Information Officer |
May 2006 |
Oct 2018 |
12 |
| Megaworld Corporation |
Assistant Corporate Secretary |
Oct 2006 |
June 2018 |
12 |
| Global-Estate Resorts, Inc. |
Assistant Corporate Secretary |
Jan 2011 |
June 2018 |
7 |
| Emperador Inc. |
Assistant Corporate Secretary |
Aug 2013 |
May 2018 |
5 |
He is a Director of Asia Finest Cuisine, Inc. He is the Corporate Secretary of ERA Real Estate Exchange, Inc., ERA Real Estate, Inc., and Oceanic Realty Group International, Inc. He concurrently serves as Asst. Corporate Secretary of Suntrust Properties, Inc. He was employed as Administrative and Personnel Officer with Batarasa Consolidated, Inc. and served as Assistant Corporate Secretary and Chief Administrative Officer of The Andresons Group, Inc.
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Corporate Governance Committee
The Company’s Corporate Governance Committee is tasked to assist the Board in the performance of its corporate governance responsibilities. It shall oversee the implementation and periodic review of the corporate governance framework, oversee periodic performance evaluation of the Board, recommend continuing relevant education/training programs for directors, assignment of tasks/projects to board committees, succession plan for the board members and senior officers, and remuneration packages for corporate and individual performance, determine the nomination and election process for the Corporation’s directors and the general profile of board members, and ensure that the nomination and election policy and procedures are conducted properly.
It is composed of at least three (3) members, two of whom are independent directors, including the Chairman.
Its Members are:
- Alejo L. Villanueva Jr. (Independent Director) - Chairman
- Sergio R. Ortiz-Luis, Jr. (Independent Director)
- Kevin Andrew L. Tan
Board Risk Oversight Committee
The Company’s Board Risk Oversight Committee is responsible for the oversight of the Corporation’s Enterprise Risk Management system to ensure its functionality and effectiveness. It shall develop, oversee the implementation, and evaluate a formal enterprise risk management plan, advise the Board on its risk appetite levels and risk tolerance limits, and provide oversight over Management’s activities in managing credit, market, liquidity, operational, legal and other risk exposures of the corporation.
It is composed of at least three (3) members of the Board, the majority of whom should be independent directors, including the Chairman. The Chairman should not be the Chairman of the Board or of any other committee.
Its Members are:
- Sergio R. Ortiz-Luis, Jr. (Independent Director)
- Alejo L. Villanueva Jr. (Independent Director) - Chairman
- Kevin Andrew L. Tan
Audit Committee
The Company’s Audit Committee has oversight capability over the Corporation’s financial reporting, internal control system, internal and external audit processes, and compliance with applicable laws and regulations. It is responsible for assessing the integrity and independence of external auditors. It monitors and evaluates the adequacy and effectiveness of the Corporation's internal control system including financial reporting control and information technology security, and review the reports submitted by the internal and external auditors.
It is composed of at least three (3) members of the Board who shall preferably have accounting, auditing, and finance backgrounds, majority of whom shall be independent directors and another with audit experience. The chair of the Audit Committee shall be an Independent Director.
Its Members are:
- Alejo L. Villanueva Jr. (Independent Director) - Chairman
- Sergio R. Ortiz-Luis, Jr. (Independent Director)
- Andrew L. Tan
Related Party Transaction Committee
The Company’s Related Party Transaction Committee is tasked with reviewing all material related party transactions of the Corporation. It evaluates on an ongoing basis existing relations between and among business and counterparties, ensures that appropriate disclosure is made, and/or information is provided to regulating and supervising authorities relating to the Corporation’s RPT exposures, and policies on conflicts of interest or potential conflicts of interest, ensures that transactions with related parties, including write-off of exposures are subject to a periodic independent review or audit process and oversees the implementation of the system for identifying, monitoring, measuring, controlling, and reporting RPTs, including a periodic review of RPT policies and procedures.
The Committee is composed of at least three directors, two of whom should be independent, including the Chairman.
Its members are:
- Alejo L. Villanueva Jr. (Independent Director) - Chairman
- Sergio R. Ortiz-Luis, Jr. (Independent Director)
- Andrew L. Tan
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