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Globe 2012 annual report<br />

corporate governance<br />

Ernest L. Cu<br />

Fernando Zobel de <strong>Ayala</strong> Jaime Augusto Zobel de <strong>Ayala</strong> Hui Weng Cheong Gerardo C. Ablaza, Jr.<br />

Gerardo C. Ablaza, Jr.<br />

Mr. Ablaza, 59, Filipino, has served as Director since June<br />

1997. He is a Senior Managing Director of <strong>Ayala</strong> Corporation<br />

and a member of the <strong>Ayala</strong> Group Management Committee,<br />

a post he has held since 1998. He also serves as director for<br />

Azalea International Ventures Partners, AsiaCom Philippines,<br />

Inc., LiveIt Investment Ltd. and AC Energy Holdings, Inc.<br />

Mr. Ablaza is currently the President and CEO of Manila<br />

Water Company w<strong>here</strong> he is responsible for overseeing<br />

the financial and operational growth within Manila Water’s<br />

service areas in the Metro Manila east zone and in its<br />

expansion areas. He was also the former President and<br />

CEO of Globe Telecom, Inc. from 1998 to April 2009 during<br />

which he was recognized by CNBC as the Asia Business<br />

Leader of the Year, making him the first Filipino CEO to<br />

win the award. In the same year, he was also awarded by<br />

Telecom Asia as the Best Asian Telecom CEO. Prior to<br />

joining the <strong>Ayala</strong> Group, he was Vice-President and Country<br />

Business Manager for the Philippines and Guam of Citibank,<br />

N.A. for its Global Consumer Banking Business after heading<br />

the Credit Payments Products Division of Citibank, N.A.<br />

Singapore. Mr. Ablaza graduated summa cum laude from<br />

De La Salle University in 1974 with a degree in Liberal Arts,<br />

Major in Mathematics (Honors Program).<br />

Ernest L. Cu.<br />

Mr. Cu, 52, Filipino, is currently the President and Chief<br />

Executive Officer of Globe Telecom, Inc. Mr. Cu has served<br />

as Director since April 2009. He joined the Company<br />

on 1 October 2008 as Deputy CEO. He brings with him<br />

over two decades of general management and business<br />

development experience spanning multi-country operations.<br />

In 2010, he was adjudged Best CEO by Finance Asia and<br />

was moreover conferred the International Association of<br />

Business Communicators (IABC) CEO EXCEL award for<br />

communication excellence in telecom and IT. In 2012, Mr. Cu<br />

earned international accolade as CEO of the Year by Frost<br />

& Sullivan Asia Pacific. Prior to joining Globe, he was the<br />

President and Chief Executive Officer of SPI Technologies,<br />

Inc., w<strong>here</strong> he received the Ernst & Young ICT Entrepreneur<br />

of the Year award in 2003. Mr. Cu earned his Bachelor of<br />

Science in Industrial Management Engineering from De<br />

La Salle University in Manila, and his Master of Business<br />

Administration from the J.L. Kellogg Graduate School of<br />

Management, Northwestern University.<br />

Jaime Augusto Zobel de <strong>Ayala</strong>.<br />

Mr. Zobel, 53, Filipino, has served as Chairman of the<br />

Board since December 1996 and a Director since March<br />

1989. He is the Chairman and CEO of <strong>Ayala</strong> Corporation.<br />

He also holds the following positions: Chairman of Globe<br />

Telecom, Inc., Bank of the Philippine Islands, and Integrated<br />

Micro-Electronics, Inc.; Co-Chairman of <strong>Ayala</strong> Foundation,<br />

Inc.; Vice Chairman of <strong>Ayala</strong> Land, Inc. and Manila Water<br />

Company, Inc.; Co-Vice Chairman of Mermac, Inc.; Director<br />

of Alabang Commercial Corporation, <strong>Ayala</strong> International Pte<br />

Ltd. and AC Energy Holdings, Inc.; Chairman of Harvard<br />

Business School Asia-Pacific Advisory Board, Children’s<br />

Hour Philippines, Inc.; Vice Chairman of the Asia Business<br />

Council, Makati Business Club, and Asia Society Philippine<br />

Foundation, Inc.; Member of The Asia Society, Eisenhower<br />

Fellowships, Harvard University Asia Advisory Committee,<br />

Harvard Business School Social Enterprises Initiative<br />

Advisory Board, Harvard Global Advisory Council, Harvard<br />

Global Advisory Council, Mitsubishi Corporation International<br />

Advisory Committee, JP Morgan International Council,<br />

International Business Council of the World Economic<br />

Forum, Asia Pacific Basin Economic Council, Philippine<br />

Economic Society, World Wildlife Fund Philippine Advisory<br />

Council, Pacific Basin Economic Council and Toshiba<br />

International Advisory Group; and Philippine Representative<br />

for APEC Business Advisory Council.<br />

Hui Weng Cheong.<br />

Mr Hui, 58, Singaporean, has served as Director since<br />

October 2010. Mr. Hui is currently the Chief Operating<br />

Officer with the SingTel Group’s Thai associate, Advanced<br />

Info Service (AIS), and is responsible for sales and<br />

marketing, network operations, IT solutions, and customer<br />

and services management. He has held this position<br />

prior to his return to SingTel in 2010 as CEO International,<br />

responsible for growing the Group's overseas investment<br />

and strengthening its relationships with overseas partners.<br />

Mr. Hui started his SingTel career as an engineer and worked<br />

in various management roles within the Group. In 1995,<br />

he was posted to Thailand as the Managing Director of<br />

Shinawatra Paging, before returning to Singapore in 1999<br />

to take on the role of Vice President (Consumer Products)<br />

to manage the product development of all new mobile,<br />

paging, internet, broadband and telephone business. Mr. Hui<br />

graduated with First Class Honors in Electrical Engineering<br />

from the National University of Singapore in 1980, and<br />

obtained his Master in Business Administration from the<br />

International Business Education and Research Program at<br />

the University of Southern California, USA in 1992.<br />

Fernando Zobel de <strong>Ayala</strong>.<br />

Mr. Zobel, 52, Filipino, has served as Director since October<br />

1995. He is the President and Chief Operating Officer of<br />

<strong>Ayala</strong> Corporation. He is also: Chairman of <strong>Ayala</strong> Land,<br />

Inc., Manila Water Company, Inc., AC International Finance<br />

Ltd., <strong>Ayala</strong> International Pte Ltd., <strong>Ayala</strong> DBS Holdings, Inc.,<br />

Alabang Commercial Corporation, AC Energy Holdings,<br />

Inc., and Hero Foundation, Inc.; Co-Chairman of <strong>Ayala</strong><br />

Foundation, Inc.; Co-Vice Chairman of Mermac, Inc.;<br />

Director of Bank of The Philippine Islands, Globe Telecom,<br />

Inc., Integrated Micro-Electronics, Inc., LiveIt Investments,<br />

Ltd., Asiacom Philippines, Inc., AG Holdings Limited, <strong>Ayala</strong><br />

International Holdings Limited, AI North America, Inc., Vesta<br />

Property Holdings Inc., Honda Cars Philippines, Inc., Isuzu<br />

Philippines Corporation and Manila Peninsula; Member<br />

of The Asia Society, World Economic Forum, INSEAD<br />

East Asia Council, and World Presidents’ Organization;<br />

Chairman of Habitat for Humanity’s Asia-Pacific Capital<br />

Campaign Steering Committee; Vice Chairman of Habitat<br />

for Humanity International; and Member of the Board of<br />

Trustees of Caritas Manila, Pilipinas Shell Foundation,<br />

Kapit Bisig para sa Ilog Pasig Advisory Board and National<br />

Museum.<br />

54 55

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