EDC PR 2016 (CorpGov section)
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Nestor H. Vasay<br />
Senior Vice-President, Chief<br />
Finance Officer/Corporate<br />
Treasurer, Head - Finance and<br />
Shared Services Group<br />
Mr. Vasay, 63, Filipino, is the Chief<br />
Financial Officer and Treasurer of<br />
the Company since October 2010.<br />
He has been with the Lopez Group<br />
since 1997 and held appointments<br />
with First Gen Corp. under various<br />
capacities including his current<br />
position as Senior Vice President.<br />
Prior to joining First Gen Corp., he<br />
worked with Metropolitan Bank and<br />
Trust Company, Chase Manhattan<br />
Bank and International Exchange<br />
Bank where he held key executive<br />
positions responsible for the credit<br />
review of institutional and corporate<br />
clients, portfolio management, risk<br />
management and Treasury and F/X<br />
Operations.<br />
Mr. Vasay holds a Diploma in<br />
International Executive Management<br />
from Chartered Management<br />
Institution of Ashridge Berkhamsted-<br />
London (2006). He earned his<br />
Bachelor’s Degree in Business<br />
Administration from the Angeles<br />
University (1976), and passed the<br />
Philippine Government Board<br />
Examinations for Certified Public<br />
Accountant (CPA) a year later.<br />
<strong>2016</strong> Training<br />
• Leaders Assembly <strong>2016</strong><br />
• Corporate Governance<br />
DOMINADOR M. CAMU, JR.<br />
Senior Vice President, Head -<br />
Operations and Engineering<br />
Group<br />
Mr. Camu, 55, Filipino, was<br />
appointed by the Board in March<br />
2012. Prior to this, he served as Vice<br />
President and General Manager for<br />
First Gas Corporation from 2009<br />
to 2012 and has also held various<br />
key positions in General Electric<br />
International Inc, Covanta Power<br />
International Holdings Inc and<br />
Ogden Energy Philippine Holdings,<br />
Inc.<br />
He has 30 years of EPC and<br />
O&M experience coupled<br />
with comprehensive expertise<br />
encompassing asset management<br />
and O&M of power plant and<br />
energy facilities. Experienced in<br />
Combined Cycle Gas Turbine,<br />
Coal, Diesel, Waste to Energy<br />
and Geothermal power stations.<br />
Experienced in Project and<br />
O&M Management of diverse<br />
international owners and in the<br />
management and direction of<br />
both internal and external EPC &<br />
O&M contractors on projects of<br />
over 2,000 MW at demanding and<br />
remote locations.<br />
Worked in various capacities and<br />
key cross-functional roles driven<br />
by his ability and reputation to<br />
consistently meet the expectations<br />
of his peers and stakeholders<br />
in complex and time sensitive<br />
energy projects, both locally and<br />
abroad. Past experience in working<br />
with project proponents and in<br />
dealing with project agreements<br />
(in the context of EPC, Lenders,<br />
Shareholders, PPA, Fuel Supply/<br />
Energy Conversion and O&M<br />
agreements) on both sides of the<br />
aisle manifested by his ability to<br />
put on different hats and take on<br />
multifaceted roles.<br />
Mr. Camu graduated with a Bachelor<br />
of Science Degree in Electrical<br />
Engineering from Mapua Institute<br />
of Technology (1983). A member of<br />
the Philippine Society of Institute of<br />
Integrated Electrical Engineers, he<br />
passed the Professional Regulation<br />
Commission Board Examinations for<br />
Electrical Engineers in 1984.<br />
<strong>2016</strong> Training<br />
• Leaders Assembly <strong>2016</strong><br />
• Corporate Governance<br />
REMAN A. CHUA<br />
Vice President, Head - Wind Ilocos<br />
Norte Business Unit<br />
Mr. Chua, 46, Filipino, has been<br />
with the Energy Development<br />
Corporation from 2007 to<br />
the present, leading business<br />
development projects for solar and<br />
wind, most notable of which is the<br />
company’s 150 MW Burgos Wind<br />
Project.<br />
Before his assignment to <strong>EDC</strong>,<br />
Reman began his career with the<br />
Lopez Group in 2002 as a Manager<br />
for Business Development under<br />
FGP Corporation. For a time, he<br />
was studying natural gas power<br />
vehicles as an extension business<br />
for the group and as an entry to<br />
non-power market for natural<br />
gas in the Philippines. He was<br />
assigned to the Manila North<br />
Tollways Corporation as manager<br />
for marketing, compliance and<br />
Business Development from 2002<br />
up to 2005, during which the<br />
rehabilitation and expansion of the<br />
North Luzon Expressway (NLEX)<br />
was undertaken and successfully<br />
completed in 2005. He led the<br />
marketing communications efforts<br />
that managed the increase of the<br />
toll rates in NLEX. Thereafter, he<br />
returned to First Gen Corporation<br />
and led various acquisition projects<br />
in the power sector.<br />
Reman graduated with a Bachelor<br />
of Arts degree in Economics from<br />
Ateneo de Manila University,<br />
and holds a Masters in Business<br />
Management degree from the Asian<br />
Institute of Management (AIM).<br />
<strong>2016</strong> Trainings<br />
• Leaders Assembly <strong>2016</strong><br />
• CMP/LSR Roll-out<br />
• Corporate Governance<br />
JAY JOEL L. SORIANO<br />
Assistant Vice-President,<br />
Head - Negros Island Geothermal<br />
Business Unit<br />
Mr. Soriano, 39, Filipino, is the<br />
Assistant Vice President of Negros<br />
Island Geothermal Business<br />
Unit (NIGBU). With experience<br />
in strategic planning, business<br />
development, and other commercial<br />
functions, he is leading major<br />
organizational changes and multiple<br />
growth initiatives.<br />
Mr. Soriano holds a Master’s Degree<br />
in Business Administration (MBA)<br />
from Harvard University.<br />
<strong>2016</strong> Training<br />
• Leaders Assembly <strong>2016</strong><br />
• Blade Geothermal Well Casing<br />
Failure Workshop<br />
• Corporate Governance<br />
MARK D. HABANA<br />
Assistant Vice-President,<br />
Head - BacMan Geothermal<br />
Business Unit<br />
Mr. Habana, 39, Filipino, has been<br />
the Deputy Head of the BacMan<br />
Geothermal Business Unit since May<br />
2014. He was previously Manager<br />
of Business Development with<br />
Occidental Petroleum (2012) and<br />
Venoco (2007). Prior to that he held<br />
positions in Risk Management and<br />
Deal Structuring with Constellation<br />
Energy (2005) and Sempra Energy<br />
(2002).<br />
He has a Master’s Degree in<br />
Petroleum Engineering from<br />
Stanford University (2002)<br />
and attended the Program for<br />
Leadership Development at Harvard<br />
Business School (2009).<br />
<strong>2016</strong> Trainings<br />
• Leaders Assembly <strong>2016</strong><br />
• Blade Geothermal Well Casing<br />
Failure Workshop<br />
• Corporate Governance<br />
JAMES ARNOLD D. VILLAROMAN<br />
Assistant Vice President,<br />
Head - Mt. Apo Geothermal<br />
Business Unit and Leyte<br />
Geothermal Business Unit<br />
Mr. Villaroman, 42, Filipino, has<br />
been with the Company since 2012.<br />
Prior to joining <strong>EDC</strong>, Mr. Villaroman<br />
was an Executive of ExxonMobil<br />
Corporation in charge of corporate<br />
planning and business analytics<br />
for Canada. In this position, he<br />
handled various strategic initiatives<br />
from 2006-2012. Mr. Villaroman<br />
also held key positions in several<br />
financial institutions like the Asian<br />
Development Bank, JP Morgan<br />
Chase Securities and BZW Asia Ltd<br />
(Investment Banking Subsidiary of<br />
Barclays bank, UK).<br />
Mr. Villaroman earned his MBA<br />
– Finance General Management<br />
from the Richard Ivey School of<br />
Business, University of Ontario,<br />
London, Ontario, Canada (2006),<br />
and his Bachelor’s Degree in<br />
Industrial Engineering from the<br />
Ateneo de Manila University (1995).<br />
He completed his training in the<br />
Six-Sigma Black Belt in 2010 and<br />
received ExxonMobil designation<br />
as a Continuous Improvement<br />
Specialist.<br />
<strong>2016</strong> Trainings<br />
• Blade Geothermal Well Casing<br />
Failure Workshop<br />
• Leaders Assembly <strong>2016</strong><br />
• 3rd Annual SEC-PSE Corporate<br />
Governance Forum<br />
LIBERATO S. VIRATA<br />
Vice President, Head - BGBU<br />
Projects and Resource Exploration<br />
Management<br />
Mr. Virata, 56, Filipino, was<br />
appointed by the Board in<br />
December 2010. He started<br />
working for <strong>EDC</strong> in 1982 and held<br />
various positions including Field<br />
Maintenance Manager for LGPF,<br />
Maintenance Manager, Production<br />
Manager and Resident Manager for<br />
BGPF prior to his current position.<br />
Mr. Virata graduated with a Bachelor<br />
of Science degree in Mechanical<br />
Engineering degree from the<br />
Mapua Institute of Technology<br />
in Manila (1981). He became a<br />
Registered Mechanical Engineer in<br />
1982 and a Professional Mechanical<br />
Engineer in 2006. He completed<br />
the Refinery Operations Course<br />
at Shell Refinery Clyde, Sydney<br />
New South Wales, Australia (1988),<br />
Management Development<br />
Program of AIM (1996),), and<br />
Diploma Course in Maintenance<br />
Management System (JICA) at<br />
Kitakyushu, Japan (2003).<br />
<strong>2016</strong> Training<br />
• Leaders Assembly <strong>2016</strong><br />
• Corporate Governance<br />
135 I Energy Development Corporation Performance Report <strong>2016</strong>