Corporate Governance

Corporate Governance

As a commitment to good corporate governance, we ensure that the members of our Board of Directors can deliver the best results not only for our Company and shareholders, but also for our stakeholders. We value their role as the main stewards of the business.

Since August 2010, our Company has been spearheaded by our Board Chairman and Chief Executive Officer, Mr. Ramon S. Ang. Concurrently, he has also been the President and Chief Operating Officer of the Company since April 2017; Chairman of the Executive Committee since September 2011; and Chairman and President of the subsidiaries of SMC Global Power such as San Miguel Energy Corporation (SMEC), San Miguel Electric Corp, (SMELC), South Premiere Power Corp. (SPPC), Strategic Power Devt Corp. (SPDC), SMC Consolidated Power Corporation (SCPC), and San Miguel Consolidated Power Corporation (SMCPC), among others.

RSA

Board of Directors

The overall management and supervision of the Company is undertaken by the Board of Directors. The Board is composed of seven (7) members of the Board, three (3) of whom are independent directors. Pursuant to Section 2, Article III of the Amended By-Laws of the Company, the directors are elected at each annual stockholders’ meeting by stockholders entitled to vote. The term of a director is one (1) year from date of election until their successors are elected and qualified.

As of December 31, 2020, the composition of the Board of Directors of the Company is as follows:

Name and Citizenship Position Year
Ramon S. Ang
Filipino
Director / Chairman 2010
John Paul L. Ang
Filipino
Director / Vice Chairman 2021
Aurora T. Calderon
Filipino
Director 2010
Virgilio S. Jacinto
Filipino
Director 2010
Jack G. Arroyo, Jr.
Filipino
Independent Director 2010
Consuelo M. Ynares-Santiago
Filipino
Independent Director 2010
Josefina Guevara-Salonga
Filipino
Director 2017

As of December 31, 2020, the composition of the Board of Directors of the Company is as follows:

Name and Citizenship Position Year
Ramon S. Ang
Filipino
Chairmand & Chief Executive Officer and President & Chief Operating Officer 2010 & 2017
John Paul L. Ang
Filipino
Vice Chairman 2021
Virgilio S. Jacinto
Filipino
Corporate Secretary & Compliance Officer 2010 & 2011
Elenita D. Go
Filipino
General Manager 2011
Paul Bernard D. Causon
Filipino
Vice President and Chief Finance Officer 2018 & 2017
Ramon U. Agay
Filipino
Assistant Vice President and Comptroller 2015 & 2011
Irene M. Cipriano
Filipino
Assistant Corporate Secretary 2010
Reynaldo S. Matillano
Filipino
Internal Audit Manager 2017
Maria Floreselda S. Abalos-Sampaga
Filipino
Data Protection Officer 2019
Jeciel B. Campos
Filipino
Assistant Vice President and Sales and Marketing Manager 2018
Jose Ferlino P. Raymundo
Filipino
Assistant Vice President and Energy Sourcing & Trading Manager 2018
Danilo T. Tolarba
Filipino
Assistant Vice President and Human Resources Group Manager 2018 & 2017
Julie Ann B. Domino-Pablo
Filipino
Assistant Vice President and General Counsel 2020
Gonzalo B. Julian, Jr.
Filipino
Assistant Vice President, Sales and Marketing Manager-RES and Head of the Battery Business 2020
October 30, 2020

Chairperson:
Ramon S. Ang

Members:
John Paul L. Ang
Aurora T. Calderon

Read the Executive Committee Charter

Chairperson:
Consuelo M. Ynares-Santiago (Independent Director)

Members:
Jack G. Arroyo, Jr. (Independent Director)
Josefina Guevara-Salonga (Independent Director)
John Paul L. Ang
Virgilio S. Jacinto

Read the Corporate Governance Committee Charter

Chairperson:
Jack G. Arroyo, Jr. (Independent Director)

Members:
Consuelo M. Ynares-Santiago (Independent Director)
Josefina Guevara-Salonga (Independent Director)
John Paul L. Ang
Aurora T. Calderon

Read the Audit and Risk Oversight Committee Charter (August 8, 2017)

Chairperson:
Josefina Guevara-Salonga (Independent Director)

Members:
Consuelo M. Ynares-Santiago (Independent Director)
Jack G. Arroyo, Jr. (Independent Director)
John Paul L. Ang
Aurora T. Calderon

Read the Related Party Transaction Committee Charter (August 8, 2017)