Leadership

Premium Leisure Corp.'s Board of Directors is responsible in fostering the long-term success of the Corporation,--to sustain its competitiveness and profitability in a manner consistent with its corporate objectives and the best interests of its stockholders and other stakeholders. The Board determines and reviews annually, together with Management, the Corporation’s vision, mission, goals and strategies. The Board guides and takes the lead in the development of and approves the Company’s business objectives and strategies annually, and monitors their implementation in order to sustain the Company’s long-term viability and strength. The Board of Directors shall meet at least (6) times a year, with meetings scheduled before or at the start of the year.

To view the PLC Board of Directors' Charter, click here.
To view the PLC BOD Attendance to 2018 BOD Meetings, click here.
 

New Directors are provided an on-boarding/orientation session by the Chief Compliance Officer. This session provides discussion about the Company's vision, mission, core values, its business, corporate objectives as well as the By-Laws, Articles of Incorporation, Board Charter, corporate structure and best corporate governance practices. In addition, the new Directors are appraised about financial reporting , relationships with management and investors, and significant regualtions on compliance and listing requirements.

The Company also provides general access to training courses to its directors as a matter of continuous professional education as well as to maintain and enhance their skills as directors, and keep them up-to-date in their knowledge and understanding of the Company's business. 
 
To view the training sessions attended, click here.

 

Board of Directors

 

 

 

Willy N. Ocier

Chairman, Executive Director

Date of first appointment – June 1999

Chairman, Executive Committee

Member, Compensation and Remuneration Committee

Mr. Ocier, 62, is the Chairman of the Board and Director of Premium Leisure Corp., APC Group, Inc., PremiumLeisure and Amusement, Inc. and is concurrently one of the Vice Chairpersons of Belle Corporation, and the Vice Chairman of Tagaytay Highlands International Golf Club, Inc.  He is the Chairman and President of Pacific Online Systems Corporation, Chairman of Tagaytay Midlands Golf Club, Inc., The Country Club at Tagaytay Highlands, Inc. and The Spa and Lodge, Inc., and Vice Chairman of Highlands Prime, Inc. He also sits as Chairman and Chief Executive Officer of Philippine Global Communications, Inc., Chairman of Total Gaming and Technologies, Inc., and Director of Leisure and Resorts World Corporation, Vantage Equities, Philequity Management, Inc. Philequity Funds, AbaCore Capital Holdings, Inc. and Toyota Corporation Batangas.

He graduated from Ateneo de Manila University with a Bachelor of Arts degree in Economics.

 

 

 

Armin B. Raquel-Santos

Executive Director, President and Chief Executive Officer 

Date of first appointment – July 2017

Chairman, Compensation and Remuneration Committee

Member, Executive Committee

Mr. Raquel-Santos, 51, is concurrently a Director, the President and Chief Executive Officer of Premium Leisure Corp. and PremiumLeisure and Amusement Inc. and the Executive Vice President – Integrated Resorts of Belle Corporation. He is also a Director of Pacific Online Systems Corporation, Tagaytay Highlands International Golf Club, Inc. and member of the Board of Trustees of Melco Resorts (Philippines) Foundation Corporation. Formerly, he was Chief Finance Officer of Aboitizland, Inc., Cebu Industrial Park, Inc. and Mactan Economic Zone II.  His experience include stints with multinational companies such as Securities 2000 Inc. (Singapore Technologies Group) and First Chicago Trust Company of New York. 

He holds a Master of Arts in Liberal Studies from Dartmouth College, U.S.A. and Bachelor of Science in Business Administration Major in Finance from Iona College, U.S.A.

 

Roman Felipe S. Reyes

Independent Director

Date of first appointment – July 2014

Lead Independent Director

Chairman, Audit Committee

Member, Board Risk Oversight Committee

Member, Corporate Governance Committee

Member, Related Party Transactions Committee

Mr. Reyes, 67, is an Independent Director of Premium Leisure Corp. He is a Certified Public Accountant and is the Founding Partner and Chairman of Reyes Tacandong & Co.  He serves as an Independent Director of Pakistan International Container Terminal Limited, Radio Philippines Network – RPN 9, Philippine Geothermal Production Company, Pampanga Sugar Development Company, All Asian Countertrade, Macawiwili Gold Mining and Development Co., Inc., FF Cruz & Co., and Rockwell Leisure Club. 

He is also a current Trustee of San Beda University and the San Beda College Alumni Foundation,  and is  the Chairman of the Board of San Beda College Alabang and the Chairman of the Board of Governors of Nicanor Reyes Memorial Foundation. Mr. Reyes was formerly a member of the GSIS Board of Trustees and formerly Director of Bank of Commerce, National Reinsurance Corporation of the Philippines and PNCC. He was a Senior Partner and the Vice Chairman for Client Services and Accounts of SGV & Co. from 1984-2009, and the President of Knowledge Institute in 2009.

Mr. Reyes earned his Bachelor of Science degree in Commerce, major in Accounting, from San Beda College in 1972, and obtained his MBA degree in Finance from the University of Detroit in 1975.

 

 

A. Bayani K. Tan

Non- Executive Director

Date of first appointment – June 1998

Member, Executive Committee

Member, Compensation and Remuneration Committee

Member, Related Party Transactions Committee

Atty. A. Bayani K. Tan, 63, Filipino, is a Non-Executive Director of Premium Leisure Corp. and is also a Director of the following listed companies: Discovery World Corporation, I-Remit, Inc. and TKC Metals Corporation. He is a Director, Corporate Secretary or both of the following companies: Belle Corporation, Pacific Online Systems Corporation, Vantage Equities, Inc., Coal Asia Holdings, Inc., Philequity Dividend Yield Fund, Inc., Philequity Dollar Income Fund, Inc., Philequity Fund, Inc., Philequity MSCI Philippines Index Fund, Inc., Philequity Peso Bond Fund, Inc., Philequity PSE Index Fund, Inc., Tagaytay Highlands International Golf Club, Inc., Tagaytay Midlands Golf Club, Inc., The Country Club at Tagaytay Highlands, Inc., The Spa and Lodge at Tagaytay Highlands, Inc.

Atty. Tan is also a Director and the Corporate Secretary of Sterling Bank of Asia, Inc. He is the Managing Partner of the law offices of Tan Venturanza Valdez, and the Managing Director / President of Shamrock Development Corporation. He is a Director of Destiny LendFund, Inc., Pascual Laboratories, Inc. and Pure Energy Holdings Corporation. He is the President of Catarman Chamber Elementary School Foundation, Inc., Managing Trustee of SC Tan Foundation, Inc., Trustee and Treasurer of Rebisco Foundation, Inc. and Trustee and Corporate Secretary of St. Scholastica's Hospital, Inc.

Atty. Tan holds a Master of Laws degree from New York University and earned his Bachelor of Laws degree from the University of the Philippines where he was a member of the Order of the Purple Feather (U.P. College of Law Honor Society) and ranked ninth in his class. Mr. Tan passed the bar examinations in 1981 where he placed sixth. He has a Bachelor of Arts major in Political Science degree from the San Beda College from where he graduated Class Valedictorian and was awarded the medal for Academic Excellence.

 

Joseph C. Tan

Independent Director

Date of first appointment – July 2014

Chairman, Board Risk Oversight Committee 

Member, Audit Committee

Member, Corporate Governance Committee

Atty. Joseph C. Tan, 61, is an Independent Director of Premium Leisure Corp. He is the Founding Partner of MOST Law Firm from September 2006 to present. Concurrently, he serves as an Independent Director to 2GO Group, Inc., Pacific Online Systems Corporation and LMG Chemicals Corporation.  He was a Special Counsel for the Agus Cruz & Manzano Law Office from 2004 to August 2006. He was an Associate of Puno & Puno Law Offices from 1991 to 1995. He was a director of San Carlos Bioenergy Corporation. He was also a director of Philippine Bank of Communications from September 2010 to August 2011.

Atty. Tan holds a Bachelor of Arts with a Major in Business Administration degree from University of San Francisco, USA (Class of 1978). He also holds a Bachelor of Laws degree from the Ateneo de Manila College of Law, Makati City, graduating with honors (Class of 1985).

 

 

Juan Victor S. Tanjuatco

Independent Director

Date of first appointment – July 2014

Chairman, Corporate Governance Committee

Chairman, Related Party Transactions Committee

Member, Audit Committee

Member, Board Risk Oversight Committee 

Mr. Tanjuatco, 71, is an Independent Director of Premium Leisure Corp., IP Ventures, Inc., and a Director of Ketmar Fast Food Corporation. Previously, he served in the same capacity on the board of Insular Savings Bank and Asiatrust Development Bank. A career banker, he was the former President of Export and Industry Bank and was assigned to various managerial and executive positions at Credit Agricole Indosuez in Manila, New Zealand and Hongkong, where, after 21 years, he retired as Deputy General Manager in Manila.

Mr. Tanjuatco holds a Bachelor of Arts Degree in Economics from the Ateneo de Manila University (cum laude) and a Masters in Business Administration, major in Finance, from the Wharton School, University of Pennsylvania.

Mr. Tanjuatco holds a Bachelor of Arts Degree in Economics from the Ateneo de Manila University (cum laude) and a Masters in Business Administration, major in Finance, from the Wharton School, University of Pennsylvania.

 

Exequiel P. Villacorta, Jr

Non-Executive Director

Date of first appointment – July 2014

Member, Audit Committee

Member, Board Risk Oversight Committee 

Mr. Villacorta, 73, is a Non-Executive Director of Premium Leisure Corp. and an elected Director of BDO Leasing and Finance, Inc. Prior to this position, he was a Director of Equitable PCI Bank, EBC Insurance Brokerage, and Maxicare Healthcare Corporation. He was the former Chairman of EBC Strategic Holdings Corporation, EBC Investments (now BDO Strategic Holdings), Jardine Equitable Finance Corporation, Strategic Property Holdings, PCIB Properties, Equitable Data Center, and PCI Automation Center. He was a past President and CEO of Banco De Oro Universal Bank and TA Bank of the Philippines, and was Vice President of the Private Development Corporation of the Philippines. He was Senior Adviser and BSP Controller of Equitable PCI Bank and PBCom, and Adviser to the Board of PCI Capital Corporation. 

Mr. Villacorta holds a Bachelor of Science degree in Business Administration from De La Salle University and a Master’s degree in Business Management from the Asian Institute of Management.

 

 

 

Senior Management

Armin Antonio B. Raquel-Santos

President and Chief Executive Officer

Date of first appointment –  July 2017

Mr. Raquel-Santos, 51, is concurrently a Director, the President and Chief Executive Officer of Premium Leisure Corp. and PremiumLeisure and Amusement Inc. and the Executive Vice President – Integrated Resorts of Belle Corporation. He is also a Director of Pacific Online Systems Corporation, Tagaytay Highlands International Golf Club, Inc. and member of the Board of Trustees of Melco Resorts (Philippines) Foundation Corporation. Formerly, he was Chief Finance Officer of Aboitizland, Inc., Cebu Industrial Park, Inc. and Mactan Economic Zone II.  His experience include stints with multinational companies such as Securities 2000 Inc. (Singapore Technologies Group) and First Chicago Trust Company of New York. 

He holds a Master of Arts in Liberal Studies from Dartmouth College, U.S.A. and Bachelor of Science in Business Administration Major in Finance from Iona College, U.S.A.

 

Frederic C. DyBuncio

Adviser to the Board – from July 01, 2017

Date of first appointment – April 2012

Mr. DyBuncio, 59, is an Adviser to the Board of Directors of Premium Leisure Corp. (PLC), Belle Corporation and APC Group, Inc.  Prior to this, he served as President and CEO of PLC and Belle Corporation.  He is the President of SM Investments Corporation, the Vice Chairman and Director of Atlas Consolidated Mining and Development Corporation; he is also a member of the Board of Directors of Pacific Online Systems Corporation.  Before joining SM Investments Corporation and holding several positions in companies under the same, Mr. Dybuncio made a name for himself as a career banker. He spent over 20 years with JP Morgan Chase and its predecessor institutions. During this time, he was assigned in several major cities including New York, Seoul, Bangkok, Hong Kong and Manila.  He graduated from Ateneo de Manila University with a Bachelor of Science degree in Business Management and obtained his Master’s degree in Business Administration program at Asian Institute of Management.

 

Jose T. Sio

Adviser to the Board

Since April 2012

Mr. Sio, 79, is an Adviser to the Board of Directors of the Company. He was formerly the Chairman of the Board of Directors of Belle Corporation, PLC’s parent company.  Concurrently, he is the Chairman of the Board of Directors of SM Investments Corporation, the President of SM Foundation, Inc., and GlobalFund Holdings, Inc. He is a member of the Board of Directors of  China Banking Corporation, Atlas Consolidated Mining and Development Corporation, NLEX Corporation and OCLP Holdings, Inc. He is also an Adviser to the Board of Directors of BDO Unibank, Inc.  Mr. Sio was a Senior Partner of Sycip Gorres Velayo & Co. (SGV). He is a Certified Public Accountant and obtained his Master’s degree in Business Administration (MBA) from New York University, USA.

 

Jackson T. Ongsip

Mr. Ongsip, 45, is the Vice President for Finance and Chief Financial Officer of the Company. He is concurrently the Vice President for Portfolio Investments of SM Investments Corporation, the Executive Vice President and Chief Financial Officer of Belle Corporation and a Director, the President and Chief Executive Officer of APC Group, Inc. He is a Certified Public Accountant with an extensive audit and finance background accumulated from 5 years in external audit with SyCip, Gorres, Velayo & Co. (SGV) and 11 years with Globe Telecom. He graduated from the University of Santo Tomas with a Bachelor of Science in Accountancy.

 

Maria Neriza C. Banaria

Ms. Banaria, 36, is the Financial Controller and Assistant Vice President of Premium Leisure Corp. As a Certified Public Accountant, her strong background in accounting, audit and finance have been accumulated through extensive experience and exposure to various industries. She holds a Bachelor of Science degree in Business Administration and Accountancy from the University of the Philippines.

 

Elmer B. Serrano

Atty. Serrano, 51, is the Corporate Secretary of the Company. He is a Senior Partner of the law firm Martinez Vergara Gonzalez & Serrano and has been practicing law for over two decades specializing in Corporate Law, Mergers & Acquisitions, and Banking & Finance. Atty. Serrano was a senior officer of BDO Unibank, Inc. handling investment banking, corporate finance, and mergers & acquisitions until 2005. He is currently a Director and Corporate Secretary of 2GO Group, Inc. Negros Navigation Co., Inc., and DFNN Inc. He is also the Corporate Secretary of SM Investments Corporation, SM Prime Holdings, Inc., Crown Equities, Inc., Bankers Association of the Philippine and PDS Group of Companies, and is also the Corporate Information Officer of BDO Unibank, Inc. and BDO Leasing and Finance, Inc. He is a graduate of the Ateneo Law School and Trust Institute of the Philippines, a Certified Associate Treasury Professional, and holds a degree of B.S. Legal Management from the Ateneo de Manila University.

 

Arthur A. Sy

Atty. Sy, 49, is the Assistant Corporate Secretary of Premium Leisure Corp. He is the Senior Vice President of Corporate Legal Affairs and Assistant Corporate Secretary at SM Investments Corporation, and is the Corporate Secretary of various major corporations within the SM Group of Companies. He is also the Corporate Secretary of National University. A member of the New York Bar, Mr. Sy holds a Bachelor of Arts degree in Philosophy from the University of Santo Tomas and a Juris Doctor degree from the Ateneo Law School.

 

Phil Ivan A. Chan

Atty. Chan, 36, is the Assistant Corporate Secretary of Premium Leisure Corp. He is a Senior Associate Lawyer at Martinez Vergara Gonzalez & Serrano. He also acts as the Assistant Corporate Secretary of listed company Crown Equities, Inc. Atty. Chan holds a degree of B.S. Legal Management from Ateneo de Manila University and a Juris Doctor degree from Ateneo Law School.