Good corporate governance starts with the Board of Trustees. The Board is composed of members who are leaders in their respective fields who were selected for their integrity and probity.  The Board ensures a high standard of best practice for governance and sets the strategic directions of the Company. It also monitors Management’s performance towards the attainment of the Company’s objectives in line with its corporate mission and vision.

All Trustees possess all the qualifications and none of the disqualifications provided in the Company’s amended By-Laws and as required under the Insurance Commission’s Corporate Governance Principles and Leading Practices (“CGPLP”). They are experts in their own fields and competent managers in insurance and insurance-related fields.  They also have the necessary skills, training, experience and integrity that help them in the performance of their roles and responsibilities as guardians of the corporation.

	Vicente R. Ayllón Chairman – Executive Committee Member – Nominations Committee
Chairman of the Board & CEO:	The Insular Life Assurance Co., Ltd.
Chairman of the Board & President:	Insular Life Property Holdings, Inc.
Chairman of the Board	Insular Investment and Trust Corp.; Insular Health Care, Inc.; ILMADECO; Home Credit Mutual Building & Loan Association; Insular Foundation; Asian Hospital, Inc.
Vice Chairman:	Union Bank of the Philippines; Mapfre Insular Insurance Corp.
Director:	Pilipinas Shell Petroleum Corp.; Shell Company of the Philippines, Ltd.; The Palms Country Club
B.S. Commerce, University of the East (1952) Associate in Commercial Science (1950), San Juan de Letran College

Alfredo B. Paruñgao Chairman – Finance and Investment Committee Vice Chairman – Budget and Audit Committee Member – Executive Committee, Personnel & Compensation Committee
Chairman:	Philtown Properties Inc.; CIBI Foundation Inc.
Director:	Insular Investment & Trust Corporation, U-Bix Corporation; Swift Foods, Inc.
Director and Vice President:	P&GERS Fund Inc.
Director and Treasurer:	DS Realty, Inc.
President:	Ligaya Management Corporation
Former Chief of Staff:	Office of the Chairman, Social Security Commission
Former Senior Vice President & Chief Finance Officer	Fort Bonifacio Development Corporation
Former President & CEO:	Philippine Global Communications, Inc.
Former Executive Vice President & Chief Operating Officer:	Philippine National Oil Company
Certified Public Accountant B.S. Commerce, Summa Cum Laude (1956), Far Eastern University

Mayo Jose B. Ongsingco Member – Executive Committee, Finance & Investment Committee
President and Chief Operating Officer:	The Insular Life Assurance Company, Ltd.
Trustee: Chairman:	Insular Foundation, Inc. Insular Life Employees’ Retirement Fund; ILAC General Insurance Agency, Inc
Vice Chairman (Board) & ExCom Member:	Insular Health Care, Inc.
Vice Chairman & President:	Insular Life Management & Development Corp.
Vice Chairman (Board):	Insular Life Property Holdings, Inc.
Vice Chairman (Board/ExCom):	Home Credit Mutual Building & Loan Association, Inc.
Director / ExCom Member:	Insular Investment & Trust Corporation
Director:	Mapfre Insular Insurance Corp.; Union Bank of the Philippines; Pilipinas Shell Petroleum Corporation; Keppel Philippines Holdings; PPI Prime Venture, Inc.
Master of National Security Administration (1999), National Defense College of the Philippines Master of Business Administration (1977), University of the Philippines AB Economics (1974), Magna Cum Laude, De La Salle University BSC Accounting (1974), Magna Cum Laude, De La Salle University

Bernardo M. Villegas Chairman – Personnel & Compensation Committee Vice Chairman – Executive Committee, Governance Committee, Finance & Investment Committee Member – Budget & Audit Committee
University Professor:	University of Asia and the Pacific
Visiting Professor:	IESE Business School, Barcelona, Spain
Director:	Alaska Milk Corporation; PHINMA Properties; Benguet Corporation, TDI, Inc.; and Dualtech Foundation
Consultant on Strategic Planning and Management Development or Director of leading firms in the following industries:	Food and beverage, sugar milling, pharmaceutical, electric power, banking, information technology, construction, agribusiness, trading, transportation and engineering
Columnist:	Manila Bulletin and Philippine Daily Inquirer
Fourth Place, Board Exam for Certified Public Accountant (CPA) Ph.D. in Economics (1963), Harvard University M.A. in Economics (1961), Harvard University Bachelor of Science in Commerce (1958), Summa Cum Laude, De La Salle University Bachelor of Arts (1958), Summa Cum Laude, De La Salle University

Ricardo G. Librea Chairman – Budget and Audit Committee Vice Chairman – Personnel and Compensation Committee Member – Executive Committee, Governance Committee, Nominations Committee
Director:	Insular Investment & Trust Corporation; Union Bank of the Philippines
Member, Audit Committee:	Manila Polo Club
Past President	Financial Executives Institute of the Philippines (FINEX); Rotary Club of Makati
Past Chairman:	FINEX Research & Development Foundation, Inc.; Makati Rotary Club Foundation, Inc.
Member:	Management Association of the Philippines
Certified Public Accountant B.S. Business Administration (1957), University of the East

Delfin L. Lazaro Member – Finance & Investment Committee, Nominations Committee
Chairman:	Atlas Fertilizer and Chemicals, Inc.; Philwater Holdings Company, Inc.
Vice Chairman & President:	ASIACOM
Managing Director:	Lazaro, Bernardo, Tiu and Associates, Inc.
Director:	Ayala Corporation, Ayala Land, Inc.; Integrated Microelectronics, Inc.; Manila Water Company, Inc.; Ayala DBS Holdings, Inc.; Probe Productions, Inc.; Ayala International Holdings, Ltd.; AYC Holdings Ltd.; Bestfull Holdings Ltd.; AI North America; Empire Insurance Company
Master in Business Administration (1971), with Distinction, Harvard Graduate School of Business B.S. Metallurgical Engineering (1967), University of the Philippines

Mona Lisa B. De La Cruz Member – Personnel & Compensation Committee
Executive Vice President, Chief Actuary and Treasurer:	The Insular Life Assurance Co., Ltd.
Trustee:	Insular Life Foundation, Inc.; Insular Life Employees’ Retirement Fund
Treasurer:	Insular Health Care, Inc.; Insular Investment & Trust Corporation; Home Credit Mutual Building & Loan Association; Insular Life Development & Management Corporation; Insular Life Property Holdings, Inc.; ILAC General Agency, Inc.
Director:	Insular Health Care, Inc.; ILAC General Agency, Inc.; Home Credit Mutual Building & Loan Association; Insular Life Development & Management Corporation; Insular Investment & Trust Corporation; Insular Life Property Holdings, Inc.; Professional Services Inc. (Medical City)
Fellow Associate:	Actuarial Society of the Philippines
Member:	Society of Actuaries, USA International Actuarial Association
Master of Science in Mathematics, major in Actuarial Science (1979), University of Michigan Bachelor of Science in Statistics (1978), cum laude, University of the Philippines

Marietta C. Gorrez Member – Personnel & Compensation Committee, Budget & Audit Committee
Director:	Foundation for Professional Training, Inc.; Alliance for the Family Foundation of the Philippines, Inc.
Former Senior Vice President:	The Insular Life Assurance Co. Ltd., Head of Business Support Group, Head of Sales Operations Group, Head of Corporate Operations Group, Head of Administrative Operations Group
Former President:	ILAC General Insurance Agency, Inc.
Former Director and Treasurer:	Insular Investment & Trust Corporation; Insular Health Care, Inc.
Former Director:Former Trustee:	Insular Life Management & Development Corp.; Insular Life Property Holdings, Inc.; Home Credit Mutual Building & Loan Association Insular Life Employees’ Retirement Fund;Insular Life Foundation, Inc.;
Registered Financial Consultant, International Association of Registered Financial Consultants Masters in Business Economics (candidate), University of Asia & the Pacific Graduate Top Management Program, Asian Institute of Management Masters in Business Administration (1978), De La Salle University Bachelor of Science in Mathematics (1974), University of Santo Tomas

Francisco Ed. Lim Chairman – Governance Committee Member – Finance & Investment Committee, Budget & Audit Committee
Co-Managing Partner; Head, Corporate and Special Projects Department:	ACCRALAW
Member, Board of Directors:	Energy Development Corporation; Producers Savings Bank Corporation
Co-Chairperson, Sub-Committee:	Philippine Supreme Court on E-Commerce Law
Member, Sub-Committee:	Philippine Supreme Court on Commercial Courts, Revision of Rules Governing Notaries Public, and Evidence & DNA Evidence
Professional Lecturer:	Philippine Judicial Academy
Law Professor:	School of law, Ateneo de Manila University Graduate School; Graduate School of Law San Beda College
Philippine Contributor:	Compliance Complete (Thomson Reuters International online publication)
Columnist:	Point of Law, Philippine Daily Inquirer
Member:	Financial Executives of the Philippines; Management Association of the Philippines; Integrated Bar of the Philippines; Philippine Bar Association; New York State Bar Association
Past President & CEO:	Philippine Stock Exchange, Inc.; Securities Clearing Corporation of the Philippines
Past Chairman:	Philippine Stock Exchange Foundation, Inc.; Capital Market Development Center, Inc.
Former Director:	The Philippine Stock Exchange, Inc.; Securities Clearing Corporation of the Philippines; Philippine Dealing & Exchange Corporation
Former Trustee:	Securities Investors Protection Fund
Former Member:	Capital Market Development Council
Master of Laws (1987), University of Pennsylvania, USA Bachelor of Laws (1981), Second Honors, Ateneo de Manila University Bachelor of Philosophy (1975), Magna Cum Laude, University of Sto. Tomas Bachelor of Arts (1975), Cum Laude, University of Sto. Tomas