1. Board Meetings Attendance
The Board holds monthly meetings and special Board meetings, if so required, with agenda that include updates by the Chairman and the Board committees; reports on financial performance by the Chief Finance Officer; and operational performance by the President and CEO, the Senior Executive Vice President and COO, among other major Company issues.
The table shows the participation of the Board in the Annual General Meeting, Organizational Meeting and its regular meetings.
Member |
Designation |
Annual General Meeting |
Organizational Meeting |
Board Meetings |
Manuel M. Lopez |
Chairman |
Present |
Present |
10/12 |
Ramon S. Ang |
Vice-Chairman and Director |
Present |
Present |
12/12 |
Manuel V. Pangilinan |
Director, President and CEO |
Present |
Present |
11/12 |
Ray C. Espinosa10 |
Director |
Present |
Present |
12/12 |
Artemio V. Panganiban7 |
Director (Independent) |
Present |
Present |
12/12 |
Vicente L. Panlilio8 |
Director |
Present |
- |
11/12 |
Estelito P. Mendoza |
Director |
Present |
Present |
7/12 |
Napoleon L. Nazareno9 |
Director |
Present |
Present |
11/12 |
Eric O. Recto2 |
Director |
- |
- |
6/7 |
Oscar S. Reyes3 |
Director |
- |
- |
6/6 |
Pedro E. Roxas4 |
Director (Independent) |
- |
Present |
6/7 |
Elpi O. Cuna5 |
Past Director |
Present |
Present |
5/5 |
Jose P. de Jesus6 |
Past Director |
Present |
Present |
6/6 |
Elenita D. Go5 |
Past Director |
Present |
Present |
5/5 |
2 Appointed, June 28, 2010;
3 Appointed, July 1, 2010;
4 Elected, May 25, 2010;
5 Resigned, June 30, 2010;
6 Resigned, June 28, 2010;
7 Chairman, Nomination and Governance Committee;
8 Chairman, Audit and Risk Management Committee;
9 Chairman, Compensation and Benefits Committee;
9 Chairman, Finance Committee
Chairman and CEO
Mr. Manuel M. Lopez, who was the Chairman of the Board and CEO for the year 2009, was present during the Annual General Meeting (AGM) on May 26, 2009.
Board Committee Chairs
Also in attendance during the AGM on May 26, 2009 were the 2009 Chairmen of Audit and Risk Management Committee, Compensation and Benefits Committee and Nomination and Governance Committee - Vicente L. Panlilio, Cesar E.A. Virata (also the Finance Committee Chairman), and Christian S. Monsod, respectively.
See 2009 link for more details on Board, Committee and Stockholders Meeting Attendance.
2. Board Committees Attendance
Member |
2010 Board Committee Meeting Attendance |
||||
Executive |
Nomination and Governance |
Audit and Risk Management |
Compensation and Benefits |
Finance |
|
Manuel M. Lopez |
1/2 |
- |
- |
1/1 |
5/8 |
Ramon S. Ang |
1/2 |
- |
- |
- |
- |
Manuel V. Pangilinan |
2/2 |
- |
- |
3/3 |
- |
Ray C. Espinosa |
- |
4/4 |
- |
- |
13/13 |
Artemio V. Panganiban1 |
1/1 |
- |
2/2 |
- |
- |
Vicente L. Panlilio |
- |
- |
7/9 |
0/1 |
- |
Estelito P. Mendoza |
- |
4/6 |
- |
- |
- |
Napoleon L. Nazareno |
1/1 |
5/6 |
8/9 |
2/2 |
- |
Eric O. Recto |
1/1 |
- |
2/2 |
2/2 |
7/7 |
Pedro E. Roxas1 |
- |
6/6 |
2/2 |
2/2 |
7/8 |
Elpi O. Cuna |
1/1 |
- |
- |
1/1 |
5/5 |
Jose P. de Jesus |
- |
- |
- |
- |
5/5 |
Elenita D. Go |
- |
- |
6/6 |
- |
4/4 |
Aurora T. Calderon2 |
- |
- |
2/7 |
- |
- |
Elpidio L. Ibañez2 |
- |
- |
6/7 |
- |
- |
Ferdinand K. Constantino2 |
- |
- |
- |
- |
11/13 |
Anabelle L. Chua2 |
- |
- |
2/2 |
- |
10/13 |
1 Independent Director;2 Non-Director Member |
|||||
3. Seminars
a. Corporate Governance Seminar of the Board of Directors
The Board of Directors assesses the trainings they require for the purpose of continuing their education in corporate governance and then attend such trainings.
|
Name of Institutional |
Date of |
|
Manuel M. Lopez |
Knowledge Institute |
July 11, 2003 |
Cecile R. Galvez, Partner |
|
Ramon S. Ang |
University of the Philipines |
September 25, 2003 |
Danilo L. Concepcion, Associate Dean and Supervisor (U.P. Law Center) |
|
Estelito P. Mendoza |
University of the Philipines |
September 25, 2003 |
Danilo L. Concepcion, Associate Dean and Supervisor (U.P. Law Center) |
Manuel V. Pangilinan |
Governing in a Global Crisis Lessons from the Great Recession PLDT's CG Education Program with Ethics and Compliance Officer Association (ECOA), 11 Waverley Oaks Road, Suite 324, Waltham, Massachusetts, 02452 USA
Resource Person: Keith T. Darcy - Executive Director, Ethics and Compliance Officer Association (ECOA) held at the East and West Rooms, Mandarin Oriental Hotel, Connaught Road, Central Hong Kong |
December 10, 2009 |
Keith T. Darcy - Executive Director, Ethics and Compliance Officer Association (ECOA) |
Current Governance Environment in the United States and Ethics and Tone at the Top First Pacific Company Limited, 2 Exchange Square, Connaught Road, Central Hong Kong |
December 12, 2008 Law Center and San Miguel Corporation |
Suzanne Hopgood, Director - Board Advisory Services National Association of Corporate Directors, Washington DC, USA |
|
Corporate Governance Trends in Asia Philippine Long Distance Telephone Company |
May 8, 2007 |
Chee Keong Low, Professor - Chinese University of Hong Kong, Member - Listing Committee, Hong Kong Stock Exchange |
|
|
Ray C. Espinosa |
Board of Directors Fiduciary Duties and Role in Relation to ERM: Best Practices in Dealing with the Agency Dilemma and Setting a Company's Risk Appetite PLDT's CG Education Program with Asia Risk Management Institute (ARiMI), 9 Penang Road, #12-01, Park Mall, Singapore Resource Person: Mr. Marc Ronez, Managing Director - AriMI, held at the Marikina and Mandaluyong Rooms, The Lighthouse, 14th Floor, Lopez Building, MERALCO, Pasig City |
December 14, 2010 |
Marc Ronez, Managing Director of Asia Risk Management Institute (ARiMI) |
|
Governing in a Global Crisis Lessons from the Great Recession PLDT's CG Education Program with Ethics and Compliance Officer Association (ECOA), 11 Waverley Oaks Road, Suite 324, Waltham, Massachusetts, 02452 USA Resource Person: Keith T. Darcy - Executive Director, Ethics and Compliance Officer Association (ECOA) held at the East and West Rooms, Mandarin Oriental Hotel, Connaught Road, Central Hong Kong |
December 10, 2009 |
Keith T. Darcy - Executive Director, Ethics and Compliance Officer Association (ECOA) |
|
|
Current Governance Environment in the United States and Ethics and Tone at the Top First Pacific Company Limited, 2 Exchange Square, Connaught Road, Central Hong Kong |
December 12, 2008 |
Suzanne Hopgood, Director - Board Advisory Services National Association of Corporate Directors, Washington DC, USA |
|
|
Corporate Governance Trends in Asia Philippine Long Distance Telephone Company Ramon Cojuangco Bldg., Makati Ave, Makati City |
May 8, 2007 |
Chee Keong Low, Professor - Chinese University of Hong Kong, Member - Listing Committee, Hong Kong Stock Exchange |
|
|
Napoleon L. Nazareno |
Board of Directors Fiduciary Duties and Role in Relation to ERM: Best Practices in Dealing with the Agency Dilemma and Setting a Company's Risk Appetite PLDT's CG Education Program with Asia Risk Management Institute (ARiMI), 9 Penang Road, #12-01, Park Mall, Singapore Resource Person: Mr. Marc Ronez, Managing Director - AriMI, held at the Marikina and Mandaluyong Rooms, The Lighthouse, 14th Floor, Lopez Building, MERALCO, Pasig City |
December 14, 2010 |
Marc Ronez, Managing Director of Asia Risk Management Institute (ARiMI) |
|
Governing in a Global Crisis Lessons from the Great Recession PLDT's CG Education Program with Ethics and Compliance Officer Association (ECOA), 11 Waverley Oaks Road, Suite 324, Waltham, Massachusetts, 02452 USA Resource Person: Keith T. Darcy - Executive Director, Ethics and Compliance Officer Association (ECOA) held at the East and West Rooms, Mandarin Oriental Hotel, Connaught Road, Central Hong Kong |
December 10, 2009 |
Keith T. Darcy - Executive Director, Ethics and Compliance Officer Association (ECOA) |
|
|
Current Governance Environment in the United States and Ethics and Tone at the Top First Pacific Company Limited, 2 Exchange Square, Connaught Road, Central Hong Kong |
December 12, 2008 |
Suzanne Hopgood, Director - Board Advisory Services National Association of Corporate Directors, Washington DC, USA |
|
|
The Global Financial Crisis and Corporate Governance and Stages of Corporate Moral Development Makati Shangri-la Plaza, Makati City |
October 28, 2008 |
Dr. Jesus P. Estanislao, Chairman Institute of Corporate Directors and Dr. Antonette Palma-Angeles, Director, JB Fernandez, Center for Ethics, Ateneo de Manila University |
|
|
Ethical Leadership Philippine Long Distance Telephone Company, Manila Peninsula hotel, Makati City |
October 10, 2007 |
Dr. Antonete Palma-Angeles, Director, JB Fernandez, Center for Ethics, Ateneo de Manila University |
|
|
Corporate Governance Trends in Asia Philippine Long Distance Telephone Company Ramon Cojuangco Bldg., Makati Ave, Makati City |
May 8, 2007 |
Chee Keong Low, Professor - Chinese University of Hong Kong, Member - Listing Committee, Hong Kong Stock Exchange |
|
|
Oscar S. Reyes |
The Institute of Corporate Directors in cooperation with the Insurance Institute for Asia and the Pacific, Makati City |
November 10, 2005 |
Jesus P Estanislao, Chairman, ICD and Melecio C. Mallillin, President, IIAP |
|
Development Finance Institute, Makati City |
September 23-24, 2002 |
Antonio R. Narciso, Executive Director |
|
|
Artemio V. Panganiban |
Board of Directors Fiduciary Duties and Role in Relation to ERM: Best Practices in Dealing with the Agency Dilemma and Setting a Company's Risk Appetite PLDT's CG Education Program with Asia Risk Management Institute (ARiMI), 9 Penang Road, #12-01, Park Mall, Singapore Resource Person: Mr. Marc Ronez, Managing Director - AriMI, held at the Marikina and Mandaluyong Rooms, The Lighthouse, 14th Floor, Lopez Building, MERALCO, Pasig City |
December 14, 2010 |
Marc Ronez, Managing Director of Asia Risk Management Institute (ARiMI) |
|
Governing in a Global Crisis Lessons from the Great Recession PLDT's CG Education Program with Ethics and Compliance Officer Association (ECOA), 11 Waverley Oaks Road, Suite 324, Waltham, Massachusetts, 02452 USA Resource Person: Keith T. Darcy - Executive Director, Ethics and Compliance Officer Association (ECOA) held at the East and West Rooms, Mandarin Oriental Hotel, Connaught Road, Central Hong Kong |
December 10, 2009 |
Keith T. Darcy - Executive Director, Ethics and Compliance Officer Association (ECOA) |
|
|
Basic Course on Corporate Governance Asian Institute of Management (AIM) Amb. Ramon V. del Rosario, Sr. - Corporate Citizenship Initiative, Makati City |
June 17, 2008 |
Angela G. Garcia, Executive Director, Ramon V. del Rosario, Sr. -C.V. Starr Center for Corporate Governance Francis G. Estrada, President, Asian Institute of Management |
|
|
Vicente L. Panlilio |
Institute of Corporte Directors, Makati City |
September 27-28, 2002 |
Jesus P. Estanislao, President and CEO |
|
Eric O. Recto |
Manabat Sanagustin & Co., Certified Public Accountants, Enterprise Tower, Makati City |
February 27, 2008 |
Roberto G. Manabat, Chairman and CEO |
|
Pedro E. Roxas |
Board of Directors Fiduciary Duties and Role in Relation to ERM: Best Practices in Dealing with the Agency Dilemma and Setting a Company's Risk Appetite PLDT's CG Education Program with Asia Risk Management Institute (ARiMI), 9 Penang Road, #12-01, Park Mall, Singapore Resource Person: Mr. Marc Ronez, Managing Director - AriMI, held at the Marikina and Mandaluyong Rooms, The Lighthouse, 14th Floor, Lopez Building, MERALCO, Pasig City |
December 14, 2010 |
Marc Ronez, Managing Director of Asia Risk Management Institute (ARiMI) |
|
Governing in a Global Crisis Lessons from the Great Recession PLDT's CG Education Program with Ethics and Compliance Officer Association (ECOA), 11 Waverley Oaks Road, Suite 324, Waltham, Massachusetts, 02452 USA Resource Person: Keith T. Darcy - Executive Director, Ethics and Compliance Officer Association (ECOA) held at the East and West Rooms, Mandarin Oriental Hotel, Connaught Road, Central Hong Kong |
December 10, 2009 |
Keith T. Darcy - Executive Director, Ethics and Compliance Officer Association (ECOA) |
|
|
Current Governance Environment in the United States and Ethics and Tone at the Top First Pacific Company Limited, 2 Exchange Square, Connaught Road, Central Hong Kong |
December 12, 2008 |
Suzanne Hopgood, Director - Board Advisory Services National Association of Corporate Directors, Washington DC, USA |
|
|
Corporate Governance Trends in Asia Philippine Long Distance Telephone Company Ramon Cojuangco Bldg., Makati Ave., Makati City, Metro Manila, Philippines |
May 8, 2007 |
Chee Keong Low, Professor - Chinese University of Hong Kong, Member - Listing Committee, Hong Kong Stock Exchange |
|
|
Simeon Ken R. Ferrer(Corporate Secretary) |
Asia Risk Management Institute (ARiMI), 9 Penang Road, #12-01, Park Mall, Singapore Resource Person: Mr. Marc Ronez, Managing Director - AriMI, held at the Marikina and Mandaluyong Rooms, The Lighthouse, 14th Floor, Lopez Building, MERALCO, Pasig City |
December 15, 2010 |
Marc Ronez, Managing Director of Asia Risk Management Institute (ARiMI) |
b. Corporate Governance Seminar of the Senior Management
As with the Board of Directors, the Senior Management undergo necessary trainings for continuing education in corporate governance.
Officer |
Designation |
Date of |
Certifier |
Manuel V. Pangilinan |
President and Chief Executive Officer |
December 10, 2009 |
Keith T. Darcy - Executive Director, Ethics and Compliance Officer Association (ECOA) |
December 12, 2008 |
Suzanne Hopgood, Director - Board Advisory Services National Association of Corporate Directors, Washington DC, USA |
||
May 8, 2007 |
Chee Keong Low, Professor - Chinese University of Hong Kong, Member - Listing Committee, Hong Kong Stock Exchange |
||
Oscar S. Reyes |
Senior Executive Vice President & Chief Operating Officer |
November 10, 2005 |
Jesus P Estanislao, Chairman, ICD and Melecio C. Mallillin, President, IIAP |
September 23-24, 2002 |
Antonio R. Narciso, Executive Director |
||
|
Ricardo V. Buencamino |
Executive Vice President |
December 15, 2010 |
Marc Ronez, Managing Director of Asia Risk Management Institute (ARiMI) |
|
January 29-30, 2010 |
Mr. Francis G. Estrada, a Fellow and Trustee of the Institute of Corporate Directors |
||
Roberto R. Almazora |
Senior Vice President |
December 15, 2010 |
Marc Ronez, Managing Director of Asia Risk Management Institute (ARiMI) |
November 19 and 22, 2010 |
Ms. Maria Elena (Maya) Baltazar Herrera, FASP
Member, Financial Executives Institute of the Philippines and the Philippine Academy of Management |
||
Alfredo S. Panlilio |
Senior Vice President |
December 15, 2010
|
Marc Ronez, Managing Director of Asia Risk Management Institute (ARiMI) |
|
Ramon B. Segismundo |
Senior Vice President |
December 15, 2010 |
Marc Ronez, Managing Director of Asia Risk Management Institute (ARiMI) |
|
January 29-30, 2010 |
Mr. Francis G. Estrada, a Fellow and Trustee of the Institute of Corporate Directors |
||
|
Leonisa C. de la Llana1 |
Senior Vice President |
January 29-30, 2010 |
Mr. Francis G. Estrada, a Fellow and Trustee of the Institute of Corporate Directors |
|
Betty C. Siy-Yap |
Senior Vice President & Chief Finance Officer |
December 15, 2010 |
Marc Ronez, Managing Director of Asia Risk Management Institute (ARiMI) |
|
January 29-30, 2010 |
Mr. Francis G. Estrada, a Fellow and Trustee of the Institute of Corporate Directors |
||
|
Rafael L. Andrada |
First Vice President & Treasurer |
January 29-30, 2010 |
Mr. Francis G. Estrada, a Fellow and Trustee of the Institute of Corporate Directors |
|
Ruben B. Benosa |
First Vice President |
December 15, 2010 |
Marc Ronez, Managing Director of Asia Risk Management Institute (ARiMI) |
|
January 29-30, 2010 |
Mr. Francis G. Estrada, a Fellow and Trustee of the Institute of Corporate Directors |
||
|
Helen T. de Guzman |
First Vice President & Comptroller |
December 15, 2010 |
Marc Ronez, Managing Director of Asia Risk Management Institute (ARiMI) |
|
Ivanna G. de la Pena |
First Vice President |
December 15, 2010 |
Marc Ronez, Managing Director of Asia Risk Management Institute (ARiMI) |
|
January 29-30, 2010 |
Mr. Francis G. Estrada, a Fellow and Trustee of the Institute of Corporate Directors |
||
|
Martin L. Lopez |
Vice President |
January 29-30, 2010 |
Mr. Francis G. Estrada, a Fellow and Trustee of the Institute of Corporate Directors |
|
Miguel L. Lopez2 |
Vice President |
January 29-30, 2010 |
Mr. Francis G. Estrada, a Fellow and Trustee of the Institute of Corporate Directors |
1 Held office until June 30, 2010; 2 Held office until August 31, 2010 |
|||
c. Corporate Governance Seminar of the Management and Employees
8th Annual Corporate Governance Workshop 2011
The Management Association of the Philippines (MAP), together with the Financial Executives Institute of the Philippines and Corporate Governance Institute of the Philippines (CGIP) conducted the 8th Annual Corporate Governance Workshop on June 23, 2011 at the Inter-Continental Manila in Makati City. The theme of the workshop was "MAPping a Culture of Integrity in Business: Corporate Governance Best Practices."
The workshop aims to instill integrity in Philippine companies. The code of corporate governance, boardroom best practices, communication with minority stakeholders, and enterprise risk management were discussed interactively. These are vital in SEC reporting compliance, improving directors' knowledge and skills, establishing communication channels with minority stakeholders and ultimately, enhancing shareholder value.
Among the speakers were SEC Chair Teresita J. Herbosa, PSE President and CEO Hans Sicat, ICD Fellow Jonathan Juan Moreno, and MAP President Architect Felino A. Palafox, Jr. This event was attended by Meralco's Corporate Governance Deputy Head and Corporate Governance Officer - Gerardo F. dela Paz and Lilian P. Umipig, respectively.
Corporate Governance and Risk Management Symposium
A symposium on Corporate Governance (CG) with the theme, "Integration of Corporate Governance and Enterprise Risk Management (ERM) for Sustained Best Performance," was held at the Meralco Lighthouse, Pasig City on December 15, 2010.
The symposium enabled participants to focus on the importance of ERM and CG on crisis management and sustainable growth, as well as of embedding good risk management practices in all parts of an organization. The perspective introduced was identifying risks through the view of one enterprise, a breakaway from working in silos. It was a collective outlook that a sustainable risk diagnostic and management tool to reinforce strategic enterprise decisions should be developed and implemented by Meralco.
Asian Risk Management Institute managing director Marc Ronez was the resource speaker. He is a well-known expert on Enterprise, Strategic and Operational Risk Management and has helped many organizations from various industry sectors to implement ERM frameworks, optimize the way they manage risks and prepare to manage various types of crisis and business interruptions successfully.
The event was attended by the Senior Management of the Company, executives and heads of subsidiaries and affiliates.
Corporate Governance Roadshow and Orientation
The Company ensures that knowledge on corporate governance principles and best practices are cascaded to its officers and employees. A company-wide orientation on Corporate Governance and the Revised Code of Ethics was conducted last October 12 to November 26, 2010. This training was also integrated into the orientation program for new employees of the Company.
2010 Working Sessions with the Institute of Corporate Directors
The Institute of Corporate Directors (ICD) spearheaded the 2010 Corporate Governance Working Session at Sea Wind Resort, Boracay Island, Aklan on November 18-20, 2010. The theme of the session was "Addressing CG Expectations and Realities: Making Best Practices Work." This event was attended by Meralco's Corporate Governance Deputy Head, Gerardo F. dela Paz.
Palladium and Institute for Solidarity in Asia (ISA) on Strategy Execution and Governance
The Palladium Group - Asia Pacific partnered with the Institute for Solidarity in Asia (ISA) in conducting a seminar at Sofitel Philippine Plaza on September 22-23, 2010. Dr. Matthew Tice, Managing Director of the Palladium Group - Asia Pacific, steered the discussion on the significant function for a company's longevity and dynamism, strategy execution and governance. Present on this seminar were Meralco's Corporate Planning Head, Corporate Governance Deputy Head and Corporate Governance Officer - Charina P. Padua, Gerardo F. dela Paz, and Lilian P. Umipig.
Institute of Corporate Directors holds Orientation on Corporate Governance
The Institute of Corporate Directors (ICD) held an Orientation Course on Corporate Governance on September 1-2, 2010 at the Manila Peninsula Conservatory, Makati City, Philippines. This event was attended by Meralco's Corporate Secretary, Corporate Governance Deputy Head and Corporate Governance Officer - Simeon Ken R. Ferrer, Gerardo F. dela Paz and Lilian P. Umipig.
Public Service 2.0: From e-Government to e-Governance
The Chief Information Officers Forum (CIOF), in partnership with the Commission on Information and Communications Technology, CIOF Foundation, Inc., and E-Governance for Efficiency and Effectiveness Project (E3) directed the event entitled, Public Service 2.0: From e-Government to e-Governance on June 23, 2010 at the Hotel Intercontinental Manila. This event was attended by Meralco's Corporate Governance Officer and Regulatory Officer.
d. Corporate Governance Seminar of Meralco Subsidiaries
A seminar on risk awareness was held at the Meralco Lighthouse, Pasig City on November 19 and 22, 2010.
The speaker, Ms. Maria Elena (Maya) Baltazar Herrera, FASP emphasized to the subsidiaries of Meralco the importance of developing an integrated Enterprise Risk Management (ERM) framework, structure and tools.
Ms. Herrera is a member of the Financial Executives Institute of the Philippines, the Philippine Academy of Management and the International Actuarial Association. She is also an Associate Professor at the Asian Institute of Management (AIM) where she focuses on executive education. She teaches finance, risk management, corporate valuation, leadership and human resources management. She is program director of AIM's Strategic Finance, Finance for Senior Executives and Enterprise-Wide Risk Management Programs.
The event was attended by the executives and heads of Meralco's subsidiaries, including the heads of CIS Bayad Center, Inc. (CBCI), Meralco Energy, Inc. (MEI), Meralco Industrial Engineering Services Corp. (MIESCOR), Clark Electric Distribution Corporation (CEDC), e-Meralco Ventures, Inc. (e-MVI), Meralco Financial Services Corporation (FINSERVE), Republic Surety And Insurance Company, Inc. (RSIC), General Electric Philippines Meter & Instrument Co., Inc. (GEPMICI) , Indra Philippines, Inc., and Miescor Builders, Inc. (MBI) - Manuel Tuason, Jesus P. Francisco, Martin L. Lopez, Monico V. Jacob, Pedro P. Benedicto, Jr., Waldo A. Darvin, Jose T. Guingona and Roberto R. Almazora, respectively. Also present were Meralco's Chief Finance Officer, Comptroller, Corporate Governance Deputy Head, Corporate Governance Officer, Investment Planning Head and Investment Monitoring Head - Betty C. Siy-Yap, Helen T. de Guzman, Gerardo F. dela Paz, Lilian P. Umipig, Wendel A. Mediarito and Aristotle T. Lumague.
