Profile of Directors and Officers

Kevin Andrew L. Tan
Director of the Board of Directors

Mr. Tan was appointed as Chairman of the Company in May 2022. Concurrently, he holds the rank of Executive Vice President and Chief Strategy Officer of Megaworld Corporation and is the Chief Executive Officer and Vice Chairman of public-listed company, Alliance Global Group, Inc. He is a Director of publicly-listed companies, Empire East Land Holdings, Inc., Emperador Inc. and Global-Estate Resorts, Inc., and of Eastwood Cyber One Corporation, Uptown Cinemas, Inc., Megaworld Central Properties Inc., Twin Lakes Corporation, Megaworld Land, Inc., Townsquare Development, Inc., 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 is also a trustee and the Executive Director of Megaworld Foundation, Inc. and the Chairman of Infracorp Development, Inc. and Agile Digital Ventures, Inc. Mr. Tan obtained his Bachelor’s degree in Business Administration major in Management from the University of Asia and the Pacific.

Kingson U. Sian
Director, President and Chief Executive Officer

Mr. Kingson Uy Shiok Sian was promoted to Chief Executive Officer in October 2014. He was appointed as Director and President of the Company in 2008. Mr. Sian has also been the President and Director of AGI since February 2007. He is currently a member of the board and executive director of Megaworld Corporation. Mr. Sian is concurrently the Chairman and President of Prestige Hotels & Resorts, Inc. He graduated from the University of the Philippines with a Bachelor of Science degree in Business Economics and has a Master’s Degree in Business Administration for Finance and Business Policy from the University of Chicago.

Dr. Andrew L. Tan

Dr. Andrew L. Tan was appointed Director of the Company in 2008. He pioneered the live-work-play-learn model in the real estate industry through development of integrated township communities, fueling the growth of the business process outsourcing (BPO) industry. He embarked on the development of integrated tourism estates through publicly-listed Alliance Global Group, Inc. and Global-Estate Resorts,Inc., which he both chairs, while continuing to focus on consumer-friendly food and beverage, and quick service restaurants. Dr. Tan serves as the Chairman, CEO, and President of Megaworld Corporation. He also serves as the Chairman of the Board of publicly-listed Empire East Land Holdings and Suntrust Properties, Inc., both subsidiaries of Megaworld engaged in the development of affordable to mid-income housing projects. He is also the Chairman of Emperador Inc., a public-listed company which owns Emperador Distillers, Inc., the leading brandy manufacturer and distributor in the Philippines. Dr. Tan also serves as the Vice Chairman and Treasurer of Golden Arches Development Corporation and Golden Arches Realty Corporation. Dr. Tan graduated magna cum laude from the University of the East with a Bachelor of Science degree in Business Administration. In 2011, Dr. Tan was conferred by the University of the East the Degree of Doctor of Humanities, honoris causa.

Chua Ming Huat

Mr. David Chua Ming Huat was appointed as Chairman of the Company in 2008. He was the former President of Genting Hong Kong Limited (GHK) and was also a director of Norwegian Cruise Line Holdings Ltd., a company listed on the NASDAQ Global Select Market. Prior to that, he held key management positions in various international securities companies in Malaysia, Singapore and Hong Kong with extensive knowledge in the management of securities, futures and derivatives trading, asset and unit trust management, corporate finance and corporate advisory business. He was a director and member of the Listing Committee of the MESDAQ market of Bursa Malaysia Securities Berhad. He has a Bachelor of Arts degree in Political Science and Economics from the Carleton University in Ottawa, Canada. Mr. Chua is currently the Executive Director and Chief Executive Officer of Summit Ascent Holdings Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited. He is also on the Board of Directors at Suntrust Home Developers, Inc.

Jose Alvaro D. Rubio

Mr. Jose Alvaro D. Rubio was appointed as Director of the Company in 2009. Mr. Rubio was Senior Vice President at Philippine National Bank (“PNB”) and has over 35 years of banking industry experience, including various positions in international banking, remittance, budgeting, corporate planning, controllership, systems design/improvement, branch banking, audit and lending operations including the head of the corporate banking group at PNB, overseeing the financing activities for major corporate accounts in areas including real estate, construction, telecommunications, power and energy, manufacturing, hotels, tourism and services. He was a former member and Director of the Bank Administration Institute of the Philippines, an association of local and foreign banks.  Mr. Rubio has a Bachelor of Science in Business Administration in Accounting from the University of the East in Manila (cum laude). He is also a Certified Public Accountant and currently a Director for WCRWI.

Jesus B. Varela
Independent Director

Mr. Jesus B. Varela graduated with an Economics Degree in 1979 from the Ateneo de Manila University.  He also completed several training courses in Labor Administration and Policy Formulation under the International Labor Organization, Foreign Exchange Training by the Metrobank and Forex Club of the Philippines, and Corporate Planning Course at the Center for Research Communication of the Philippines. Mr. Varela holds key positions in various corporations and well-respected organizations such as Universidad de Manila (Regent), Academy of Multi-Skills, UK (Doctorate Fellow), the Philippine Chamber of Commerce and Industry (Director), International Chamber of Commerce of the Philippines (Director General), Philippine Greek Business Council (President), Philippine Peru Business Council (President), GS1 Philippines (Barcode of the Philippines) (Chairman), Megaworld Corporation (Independent Director), and Global-Estate Resorts, Inc. (Independent Director), Suntrust Home Developers, Inc. (Independent Director) and Megaworld Real Estate Investment Trust (Independent Director),among others. He is also presently a member of the Board of Governor of the Employers’ Confederation of the Philippines, President of the Foundation for Crime Prevention, and a former President and Chief Executive Officer of the Advancement of Workers’ Awareness Regarding Employment (AWARE) Foundation, Inc. Mr. Varela has also been previously appointed to several government positions such as Labor Attaché to Kobe, Japan, Labor Attaché to the Commonwealth of Northern Marianas Island with jurisdiction over Guam, Palau, Federated States of Micronesia, Labor Attaché to Athens with jurisdiction over Cyprus, Chief of Staff to a former Cabinet Secretary of the Department of Labor and Employment, Labor Sector Head of the Presidential Management Staff, Chairman of the Executive Committee of the National Irrigation Administration, Acting Undersecretary of the Department of Agriculture, Special Assistant to the Presidential Adviser on Human Resources and International Labor Affairs, Chairman of the Management Committee of the Strategic Investment and Development Corporation, Chairman of the Agriculture Anti-Smuggling Task Force, Convenor and Member of the Nautical Highway Board, and Consultant of the Experimental Cinema of the Philippines, among others.

Enrique M. Soriano III
Independent Director

Prof. Enrique Soriano was  a former World Bank/IFC Governance Consultant, Columnist, Book Author, former Chair of the Marketing Cluster, Program Director for Real Estate and Professor of Global Marketing at the ATENEO Graduate School of Business. After more than three decades of combining academic work and occupying senior executive positions, Prof Soriano is currently the Executive Director of the Wong + Bernstein Group, an Asia Pacific based Strategic Advisory firm that specializes on Family Governance and Next Generation Leadership.  He is also a Senior Advisor of the  Family In Business Strategic Group, Senior Fellow on Governance at the IPMI International Business School in Jakarta, Indonesia and an active member of the Singapore Institute of Directors (SID). 

 Now “living his third professional life”, his advocacy related to Leadership, Innovation, Strategic Management and Corporate Governance has made him a sought-after Senior Advisor to family owned businesses in Asia and resource speaker in International Conferences in the US, Canada, UK, ASEAN and Africa. Due to his strategic advocacies, he has been recognized and invited to lecture and deliver talks at dozens of Universities in Asia and North America, notably Harvard University and the University of San Francisco. 

 Prof Soriano holds a B.A. in History from the University of the Philippines, an MBA from De La Salle University, Doctorate Units at the UP National College of Public Administration and has an Executive Diploma in Directorships at the Singapore Management University. He also pursued Post Graduate Education specializing in Behavioral Finance at the Harvard Kennedy School of Government and at the National University of Singapore Business School focusing on Asian Family Businesses.  Presently, he sits as Lead Independent Director Emperador Inc., MREIT Fund Managers and provides board level advisory to Ultra High Net Worth (UHNW). 

Hakan Dagtas
Chief Operating Officer

Mr. M. Hakan Dagtas was promoted to Chief Operating Officer of the Company in June 2022.  He has over 30 years of working experience in the hospitality industry and casino/gaming/cruise line industries. He joined the gaming industry whilst he was a university student. After his study, Mr. Dagtas served under various capacities throughout his career with Star Cruises. During his cruise life, he worked in different jurisdictions and gained experience in training, set up activities as well as in operational areas. He joined Travellers International Hotel Group, Inc. in 2008. He graduated from the School of Tourism and Hotel Management of Cukurova University and has received a Hospitality diploma from New South Wales University of Australia. 

Bernard Than Boon Teong
Chief Financial Officer, Treasurer, Investor Relations Officer, Corporate Information Officer and Compliance Officer

Mr. Bernard Than Boon Teong is the Chief Financial Officer and Treasurer of the Company. He was appointed as Investor Relations Officer on May 30, 2015. Prior to becoming Chief Financial Officer, he held the position of Vice President for Treasury. He has over 20 years of working experience in external audit, hospitality industry and casino/ gaming/ cruise line industries. He held various positions throughout his career with Star Cruises from 1997 to 2008, starting as Accountant before being promoted to Assistant Vice President. He earned his business degree from Monash University in Melbourne, Australia. 

Walter L. Mactal
Chief Legal Officer and Assistant Corporate Secretary

Atty. Walter L. Mactal is the Chief Legal and Admin Officer and Assistant Corporate Secretary of the Company.  He obtained his Bachelor of Arts Degree in Economics from the Ateneo De Manila University. He received his Juris Doctor Degree from the Ateneo De Manila University – School of Law, graduating with Second Honors. He oversees the following corporate functional areas: Tax and Legal Compliance, Special Projects, Corporate Compliance and Contracts, Litigation and Labor, Administration, Transportation and Human Resources. He started his law practice in a seasoned Makati-based law firm until he joined Travellers International Hotel Group, Inc. in March 2012 where he has established an accomplished career as corporate in-house counsel with specific emphasis on preventive and actual litigation, labor relations, contract drafting and negotiation, and representation before courts, tribunals, and various governmental instrumentalities. He also has broad experience in corporate compliance functions with focus in ensuring that the Company observes its Articles of Incorporation and By Laws and complies with all reportorial requirements of the Securities and Exchange Commission, and other regulatory agencies. He currently sits on the board of several corporations and acts as Corporate Secretary in a number of them.

Carlito B. Banaag
Director for Internal Audit and Systems & Method

Mr. Carlito Banaag was appointed in July 2010 as Director for Audit and Risk Management Department, now referred to as Internal Audit and Systems & Methods Department. Mr. Banaag was previously the Operational Risk Management Officer at China Banking Corporation, where he participated in risk awareness campaigns and bank personnel training. He served as Internal Audit Head for Philippine Deposit Insurance Corporation and as Risk Management/Compliance Officer for several private banks. He is a Certified Public Accountant with a bachelor’s degree in Accountancy from the Polytechnic University of the Philippines.

Maria Ryna P. Inocenci
Director for Risk Management
Ms. Ryna Inocencio was appointed as Director for Risk Management in July 2018. She is responsible for overseeing the company’s Enterprise Risk Management operations including Business Continuity Management and Sustainability Practices. Her team provides independent oversight and guidance for managing risk including the development and implementation of risk management measures across the company. Her team leads efforts to build and sustain a culture in which all employees understand the importance of managing risk to deliver responsible growth and serve the company’s customers, clients and communities. Prior to joining the Company, she spent over twenty years with Philippine National Bank and China Bank working as a Credit Policy/Risk Officer where she specialized in policy formulation and institution of internal controls for both institutions. She graduated from University of Santo Tomas with a bachelor’s degree in Commerce, major in Business Administration.

Ronald Mark C. Lleno
Corporate Secretary

Atty. Ronald Mark C. Lleno was appointed as the Company’s Corporate Secretary in January 2021. Atty. Lleno specializes in litigation (civil, criminal, and administrative), employment law, and taxation law. He handles cases before all levels of the Philippine judiciary, including the Regional Trial Courts, the Court of Tax Appeals, the Court of Appeals, and the Supreme Court. He also appears before administrative and quasi-judicial agencies, including the Bureau of Internal Revenue, the Securities and Exchange Commission, the Central Board of Assessment Appeals, and the Intellectual Property Office of the Philippines. In his employment law practice, Atty. Lleno represents employers in a wide variety of industries across the country. He focuses on employment litigation defense, illegal dismissal actions, unfair labor practice actions, and other employment related lawsuits. He also provides advice on a wide range of employment and labor laws, and compliance with these laws. He also advises clients on internal investigations into executive misconduct. Atty. Lleno also handles general corporate work. He is the corporate secretary for several corporations and he advises clients on general regulatory requirements.