Board of Directors - ICTSI

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In the Spotlight

Board of Directors


Enrique K. Razon, Jr., age 58, Filipino

Mr. Razon has been a Director of International Container Terminal Services, Inc. (ICTSI)* since December 1987 and has been its Chairman since 1995.

Concurrently, Mr. Razon is the Chairman and the President of ICTSI*, ICTSI Warehousing, Inc., ICTSI Foundation, Inc., Razon Industries, Inc., Bloomberry Resorts Corporation*, Prime Metroline Holdings, Inc., Quasar Holdings, Inc., Falcon Investco Holdings, Inc., Achillion Holdings, Inc., Collingwood Investment Company Ltd., Bravo International Port Holdings, Inc., and Provident Management Group, Inc.; the Chief Executive Officer (CEO) and the Chairman of Bloomberry Resorts and Hotels, Inc.; the Chairman of Sureste Realty Corp., Monte Oro Resources and Energy, Inc., Pilipinas Golf Tournament Inc., and Bloomberry Cultural Foundation, Inc.; and a Director of Sureste Properties, Inc., ICTSI (Hongkong) Ltd., Australian Container Terminals, Ltd., Pentland International Holdings Ltd., CLSA Exchange Capital, and Xcell Property Ventures, Inc.

Mr. Razon is a member of the US-Philippines Society and the ASEAN Business Club, Philippines, Inc. He received his Bachelor of Science degree, major in Business Administration, from the De La Salle University in 1980.

*Publicly-listed Corporation
 

Jon Ramon Aboitiz, age 69, Filipino


Mr. Aboitiz has been a Director of ICTSI* since April 2008 and was appointed as a member of the ICTSI Audit Committee in April 2010 and the current Chairman of the Related Party Transactions Committee in April 2017.

Mr. Aboitiz is also the Chairman of Aboitiz & Co., Inc. and Aboitiz Equity Ventures, Inc.*, a Cebu-based investment and management enterprise engaged in numerous and diverse business concerns ranging from power generation and distribution, banking and financial services, real estate development, construction, food, ship building and cement.

Mr. Aboitiz began his career with the Aboitiz Group in 1970 after graduating from the Sta. Clara University, California, with a B.S. Commerce Degree majoring in Management. He became the President of Aboitiz & Company in 1991 until 2008. He was the President and CEO of Aboitiz Equity Ventures, Inc.* from 1993 – 2008. Presently, he holds various positions in the Aboitiz Group including Vice Chairman of Aboitiz Power Corporation*, Vice Chairman of Union Bank of the Philippines and Chairman of the Bank´s Committees namely: Executive Committee, Risk Management Committee and Nominations Committee; Vice Chairman of Compensation and Remuneration Committee, and Corporate Governance Committee. He is also a Director of Bloomberry Resorts Corporation* and is a member of its Audit Committee. He is Chairman and CEO of the Ramon Aboitiz Foundation, a member of the Board of Advisors of the Coca-Cola Export Corporation (Philippines) and Pilipinas KAO Corporation. He is also a Board of Trustee of The Santa Clara University, California USA.

*Publicly-listed Corporation
 

Octavio Victor R. Espiritu, age 74, Filipino

Mr. Espiritu has been an Independent Director of ICTSI* since April 2002 and has served as the Chairman of the Audit Committee; a member of the Nomination Committee since February 2011; and the Chairman of the Risk Management Committee since April 2015. He is also the Chairman of GANESP Ventures, Inc. and a Director of Bank of the Philippine Islands*, Philippine Dealing System Holdings Corp. and Subsidiaries, and Phil Stratbase Consultancy Inc.

Mr. Espiritu was a three-term former President of the Bankers Association of the Philippines; a former President and Chief Executive Officer (CEO) of Far East Bank and Trust Company; and the Chairman of the Board of Trustees of the Ateneo de Manila University for fourteen (14) years. He received his primary, secondary, and college education from the Ateneo de Manila University, where he obtained his AB Economics degree in 1963. In 1966, he received his Master’s Degree in Economics from Georgetown University in Washington DC, USA.

*Publicly-listed Corporation
 

Joseph R. Higdon, age 76, American
 
Mr. Higdon has been an Independent Director of ICTSI* since April 2007 and the current Chairman of ICTSI’s Corporate Governance Committee since April 2017. He is also an independent Director of SM Investments Corporation*, Security Bank Corporation* and The Island Institute, a non-profit organization seeking to preserve island communities along the coast of Maine and Trekkers, a community-based mentoring organization.

Mr. Higdon was the Senior Vice President of Capital Research and Management, a Los Angeles (USA)-based international investment management firm, until June 2006. He joined Capital Research and Management in 1974 and has covered Philippine stocks from 1989 to 2006. He was the Vice President of the New World Fund, which focused on companies doing business in emerging countries and was a Director of Capital Strategy Research. He received his Bachelor of Science degree, major in Political Science, from the University of Tennessee in 1968.

*Publicly-listed Corporation


Jose C. Ibazeta, age 75, Filipino

Mr. Ibazeta has been a Director of ICTSI* since December 1987. In 2009, he was named as a Trustee and the Vice President of ICTSI Foundation, Inc. He was a member of the Audit Committee of ICTSI* until April 2010 and a member of the Nomination Committee since February 2011. He also served as ICTSI’s Treasurer until February 2007, when he was appointed as the President of the Power Sector Assets and Liabilities Management Corporation (PSALM) by the President of the Republic of the Philippines. He served as PSALM President and Chief Executive Officer (CEO) from March 1, 2007 to March 30, 2010. In April 2010, he declined his nomination to be a Director of ICTSI by reason of his appointment as the Acting Secretary of the Department of Energy, a position he held from April 1, 2010 until June 30, 2010. He was re-elected as a Director of ICTSI* in August 2010.

Mr. Ibazeta is a Consultant to the Chairman of the Board of A. Soriano Corp.; a Director of A. Soriano Corp.*, Anscor Consolidated Corp., Anscor Property Holdings, Inc., Minuet Realty Corp., Anscor Land, Inc., Phelps Dodge Philippine Energy Products Corp., Newco, Inc., Seven Seas Resorts and Leisure, Inc., A. Soriano Air Corp., Vicinetum Holdings, Inc., Vesper Industrial and Development Corp., and AG&P International Holdings, Ltd.; the Chairman and President of Island Aviation, Inc.; and a Director and the President of both Seven Seas Resorts and Leisure, Inc. and Pamalican Resort, Inc. Mr. Ibazeta is also the founding Chairman and a Director of Philippine Stratbase Consultancy, Inc.

Mr. Ibazeta is a member of the Finance Committee of the Ateneo de Manila University and the Board of Trustees of Radio Veritas and St. James the Great Parish Foundation. He received his Bachelor of Science in Economics degree from the Ateneo de Manila University in 1963 and his Master´s Degree in Business Administration from the University of San Francisco in 1968. He completed all requirements for an MBA in Banking and Finance from New York University in 1975.

*Publicly-listed Corporation
 

Stephen A. Paradies, age 64, Filipino

Mr. Paradies has been a Director of ICTSI* since December 1987. He has been the Chairman of the Nomination Committee of ICTSI since February 2011 and the current Chairman of the Board Risk Oversight Committee since April 2017. He is also a Director of ICTSI Warehousing, Inc. and Sociedad Puerto Industrial Aguadulce S.A. Moreover, Mr. Paradies is the Senior Vice President-Finance/Treasurer of Aboitiz & Company, Inc.; a Trustee of Bloomberry Cultural Foundation, Inc.; a Director, President and Chief Executive Officer of AEV Properties, Inc.; and a Director of Union Properties, Inc., Union Bank of the Philippines*, and NapaGapa Beverages, Inc. He received his Bachelor of Science degree, major in Business Management, from the Santa Clara University, California, USA.

*Publicly-listed Corporation
 

Andres Soriano III, age 66, American

Mr. Soriano has been a Director of ICTSI since July 1992 and is currently the Chairman of ICTSI’s Remuneration Sub - committee. He is the Chairman and Chief Executive Officer (CEO) of A. Soriano Corporation*; the Chairman and President of Anscor Consolidated Corp.; the Chairman of the Andres Soriano Foundation, Inc., Phelps Dodge International Philippines, Inc., Phelps Dodge Philippines Energy Products Corp., and Seven Seas Resorts and Leisure, Inc.; and a Director of Anscor Property Holdings, Inc., A. Soriano Air Corporation, and the Manila Peninsula Hotel, Inc.

Mr. Soriano was formerly the President and Chief Operating Officer (COO) of San Miguel Corporation* and later, its Chairman and CEO. He was also the Chairman of Coca Cola (Philippines), Coca Cola Amatil (Australia) and Nestle (Philippines) and was a Director of SPI Technologies, Inc., eTelecare Global Solutions, Inc., G.E. Asian Advisory and Wharton East Asia Executive Board. He received a Bachelor of Science degree in Economics, major in Finance and International Business, from Wharton School of Finance and Commerce, University of Pennsylvania in 1972.

*Publicly-listed Corporation