Regina B. Alvarez is the Company’s Senior Vice President, Corporate Services and Planning. She was appointed as Senior Vice President, Finance of the Company in April 2005 and was previously Senior Vice President and Group Controller.

Ms. Alvarez is concurrently General Manager of Philippine Investment Management (PHINMA), Inc., President of ABCIC Property Holdings Inc. and President of PHINMA Plaza Condominium Corporation. She was previously a director of Araullo University, Inc, Cagayan de Oro College, Inc, Southwestern University Inc., PHINMA Insurance Brokers Inc, and PHINMA Foundation, Inc. She is currently a director of PHINMA Prism Development Corporation, St. Jude College, Inc., Asian Plaza, Inc., Mariposa Properties, Inc. and Rockwell Center Association, Inc.

Ms. Alvarez, a Certified Public Accountant, holds a Bachelor of Science degree in Business Administration and Accountancy from the University of the Philippines and a Master’s degree in Business Administration from the Wharton School of Business.