Advisory Board
Raul Fabella
Adviser
Dr. Fabella is a national scientist and professor emeritus at the University of the Philippines. He obtained his Master in Economics at the UP School of Economics and his PhD at Yale University. He served as dean of the UP School of Economics from 1998 to 2007. Dr. Fabella is known for his outstanding accomplishments and remarkable contributions as a scientist, researcher, mentor, leader, collaborator and administrators in the field of economics at the University of the Philippines and throughout the country.
Raul Fabella
Adviser
Felipe Medalla
Adviser
Felipe Medalla, a Filipino economist, held the position of governor at the Bangko Sentral ng Pilipinas, the central monetary authority of the Philippines. He also served as the ex officio chairman of the Anti-Money Laundering Council during the Marcos administration from 2022 to 2023. Medalla’s career includes his role as the 9th Socio-Economic Planning Secretary and Director-General of the National Economic and Development Authority during President Joseph Estrada’s tenure.
Furthermore, Medalla served as the dean of the University of the Philippines School of Economics. In 1983, he completed his Ph.D. in economics at Northwestern University in Evanston, Illinois.
Felipe Medalla
Adviser
Gerardo Sicat
Adviser
Dr. Sicat is a professor emeritus of the University of the Philippines. He has contributed significantly to Philippine economic development not only as a professor and researcher, but also as a cabinet member particularly the first director general of the National Economic and Development Authority (NEDA).
A staunch advocate of economic freedom, he founded the Philippine Institute for Development Studies (PIDS) and helped strengthen the Philippine Social Sciences Council, the national social sciences organization. He is also credited for making the UP School of Economics the nation’s premier school in Economics and a national resource for policy-making by creating the Philippine Center for Economic Development (PCED) as its financial arm for research and training.
Gerardo Sicat
Adviser
Cesar E.A. Virata†
Adviser
A former Prime Minister of the Philippines, Mr. Virata† (1930-2026) was one of the most influential technocrats in the country. He served as the Finance Minister from the 1970-1986. He was also the grand nephew of the First President of the Philippine Republic, Emilio Aguinaldo.
He previously served as Governor for the Philippines to the World Bank, the Asian Development Bank and the International Fund for Agriculture Development. He was the Vice Chair of Rizal Commercial Banking Corporation (RCBC) and President of Bankers Association of the Philippines.
Cesar E.A. Virata†
Adviser
2026-2028
Officers
Jeffrey Ng
Vice Chairman
Mr. Ng is currently the President of Cathay Metal Corporation, Cathay Land, Inc., and the Astoria Hotel Group. He is also the president of the UP School of Economics Alumni Association (UPSEAA).
Roberto de Ocampo
Chairman
Mr. de Ocampo served as the Secretary of Finance under the Ramos Administration, and his excellent performance earned him the title of “Finance Minister of the Year” by Euromoney magazine in 1996. Prior to that, he was the chairman and CEO of the Development Bank of the Philippines which garnered the recognition of being the “world’s second soundest bank” during his term. Mr. de Ocampo was conferred the Order of the British Empire.
Simon Paterno
Vice Chairman
Mr. Paterno previously served as the President and CEO of the Development Bank of the Philippines and as Executive Vice President of the Bank of the Philippine Islands. He also served as Managing Director and Head of Philippines Investment Banking unit of JPMorgan Chase & Co. He was recognized as one of the Ten Outstanding Young Men (TOYM) for Investment Banking in 1999.
Calixto Chikiamco
President
Mr. Chikiamco graduated Summa cum Laude in BA Economics from De La Salle University. He also holds an Masters degree in Media Administration from Syracuse University in New York. He writes regularly for Business World on political economy under the opinion column “Introspective.” He is also the founder and president of MRM Studios, a mobile entertainment, digital music and e-commerce company.
Bernadine Siy
Treasurer
Ms. Siy is the current chairman of the Ateneo de Manila University (AdMU). She served as President and CEO of the Kenny Rogers restaurant chain Seattle’s Best Coffee Philippines. Ms. Siy holds a Masters in Management degree from the J.L. Kellogg Graduate School of Management Northwestern University.
Ricardo Balatbat III
Corporate Secretary
Atty. Balatbat previously headed the Admin and Legal Group of D.M. Consunji, Inc., the largest and premier construction company in the Philippines with interest in mining, power, toll road, housing development and other infrastructure related businesses. He is a graduate of the country’s top universities, namely UP (BA), Ateneo (Law) and De La Salle University (MBA).
Board Members
Kristine Alcantara
Atty. Alcantara specializes in competition, investment and innovation law. She is the managing partner of Abad Alcantara and Associates. She is also a policy consultant and program director of the startup ecosystem development program of the Philippines Department of Trade and Industry. Atty. Alcantara holds a Juris Doctor degree from the Ateneo de Manila University School of Law.
Eduardo Araral Jr.
Dr. Eduardo Araral Jr. is a public policy scholar and practitioner with three decades of experience in academia, government, and international advisory work across Asia. He is a tenured Associate Professor at the Lee Kuan Yew School of Public Policy, National University of Singapore, and has held senior academic leadership roles while advising governments and development institutions on governance, public finance, economic development, artificial intelligence, and public-sector reform.
Elaine Collado
Atty. Elaine Marie M. Collado is a lawyer and public policy professional with over 25 years of experience in government, private practice, policy advocacy, and strategic communications, particularly in investment liberalization and public-private partnerships. She currently serves as Country Director and President of Vriens & Partners Philippines, where she leads the firm’s Philippine operations, commercial growth, and engagement with senior government officials and regional and global clients.
Arturo Corpuz
Dr. Corpuz is a recognized urban-regional planner and currently serves as a Board Director of Ayala Land. He also served as Adviser for various government agencies and international development agencies on urban-regional policies, local economic development, settlements planning, land use, environmental planning and disaster risk reduction. He is a former President of the Philippine Economic Society. He obtained his bachelor’s degree from the University of the Philippines and his MRP and PhD degrees in Urban and Regional Planning from Cornell University.
JJ Disini
Atty. Disini is a go-to name in the field of information and technology law in the Philippines, focusing on technology law, cybercrime, and data privacy. He founded the Disini Buted Disini Law Offices and is currently its Managing Partner. Atty. Disini is an alumnus of Harvard Law School; an Associate Professor at the UP College of Law; and the Chair of the Philippine Judicial Academy’s Court Technology Department.
Vicky Lim Tan
Ms. Lim Tan is an international finance and development professional with more than 20 years of experience in senior roles at the Asian Development Bank, where she worked with governments and private entities across Southeast, South, Central, and West Asia, particularly in infrastructure and financial-sector development. She currently serves as an independent board member of Maya Bank, Inc., Dominion Holdings, Inc., and Sagittarius Mines, Inc. She was also appointed by President Ferdinand Marcos Jr. as an inaugural board member of the Maharlika Investment Corporation, where she served for one and a half years. She holds an MBA and a BS in Business Administration and Accountancy from the University of the Philippines and is a Distinguished Senior Fellow of the National University of Singapore.
Vaughn Montes
Dr. Montes’ career includes 25 years in a major international bank with his last position being the Head of Public Sector Group of Citibank Philippines. He has a PhD in Business Economics from Wharton Business School, University of Pennsylvania and was named as TOYM Awardee for Economics in 1992.
Perry Pe
Atty. Pe is a senior partner at Romulo Mabanta, dean of the Palawan Sate University School of Law, and Honorary Consul of Denmark. He leads various projects in the fields of energy, infrastructure, mining, oil and gas exploration, telecommunications, government privatization, and other private-public partnership (PPP) or build-operate-transfer (BOT) transactions.
Ma. Cecilia Soriano
Dr. Soriano has served in the Office of the Prime Minister, Department of Finance (Undersecretary, 1991-98) and Metropolitan Waterworks and Sewerage System (Trustee, 2011-16). She has also taught at the Ateneo de Manila University and served in its Board of Trustees (1998-2007). She is an independent consultant and is currently assisting the Department of Finance in setting up the Philippine Tax Academy. She obtained her PhD in Economics from the University of California at Berkeley in 1988.
Margarito Teves
Mr. Gary Teves served as Secretary of the Department of Finance from 2005 to 2010, for which he was awarded “Finance Minister of the Year for Asia” by The Banker in 2009. From 2000 to 2005, he was President and CEO of Land Bank of the Philippines, which became the third largest bank in the country under his leadership. He also served as Representative of the 3rd District of Negros Oriental for three consecutive terms (1987-1998) and authored laws on trade, investment, fiscal and financial reforms, and countryside development. He earned a degree in Business Economics from the City London of College and a Master’s Degree in Development Economics from Williams College.