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Board of Directors

Atty. Alfredo C. Tumacder Jr.

Chairman

Director of Cocolife since February 3, 1987. He graduated from the University of the Philippines with an A.B. Economics degree in 1966 and a Bachelor of Laws degre in 1970, obtained his Post-graduate degree from Univeristy of East Anglia, England, Uk. At present he is Chairman of United Coconut Planters Life Assurance Corporation (Cocolife), Director, United Coconut Planters Bank General Insurance Co., Inc., Director, ACRO Tel Sun Cellular Network Distributor. He was formerly head of Trust Department of United Coconut Planters Bank, head of Planning and Packaging Group-Investment Management Division of BanCom Development Corporation (1976-1978), Member, Integrated Bar of the Philippines; 1995, President Alumni Association, University of the Philippines. President, Philipine Life Insurance Association (PLIA) (1999), Trustee, Insurance Institute for Asia and the Pacific (1992-1993), President, Rotary Club of Makati (Paseo de Roxas).

Isabelo P. Africa

Board Member

He graduated cum laude from the University of the Philippines with a degree in Bachelor of Science in Mathematics. He holds a Master of Science in Mathematics, major in Actuarial Science degree from the University of Michigan, USA. He currently holds the following positions: President/CEO/Board Member UCPB General Insurance Co., Inc.; Managing Director, Direct Link Insurance Agency; Managing Director, Archipelago Motor Corporation; Comptroller/Actuary/Board Member, Cocoplans; Board Member, United Fund, Inc., Cocolife Fixed Income Fund, Inc., Cocolife Asset Management Company, Inc.

Roberto B. Armada

Board Member

Director of Cocolife since September 7, 2011. He graduated from the University of Santo Tomas with a degree in Asian Studies. Former Director of UCPB-CIIF Finance and Development Corporation, current President of Iloilo Prime Realty Marketing. He held the following positions: 2001 - 2007 Vice Governor of Iloilo; 1995 - 2000 Vice Mayor; 1998 - 2001 President of Vice Mayors League of the Philippines Iloilo chapter, Liaison officer at the Office of the Vice Governor, Iloilo.

Emerson B. Aquende

Board Member

Director of Cocolife since November 15, 2011. He graduated from De La Salle University with a BS Commerce degree and obtained his Bachelor Degree in Law at the University of the Philippines, Diliman. At present, he is a lecturer/professor at the University of the Philippines, College of Law. He held the following positions: President, Forbes Academy, Inc., Managing Partner, Aquende Aquende and Partners, Dean/Assistant Professor, Aquinas University, College of Law, Legal Consultant, National Electrification Administration, Managing Partner, Aquende Fernandez Ralla Law Offices and solo practitioner, Aquende Law Office.

Felicismo B. Billones

Board Member

He graduated from Liceo Cagayan University with a degree in Bachelor of Science in Commerce major in Accounting. He holds a Master’s Degree in International and Community Development from Deakin University, Australia. He currently holds the following positions: Director and Treasurer, Northern Cement Corporation; President and CEO, Radio Corporation of the Philippines; President and CEO, Lucky Star Holdings, Inc.; President and CEO, First United Travel, Inc.; Director/Treasurer/CFO, ECJ & Sons Enterprises.

Carolina G. Diangco

Board Member

Director of Cocolife since November 26, 1998. She graduated from the University of the Philippines. She received a degree of Bachelor of Science in Business Administration major in Accountancy in 1963 from the University of the Philippines. At present, she is Senior Vice President/Head Controllership Division of United Coconut Planters Bank Corporation; Director, Bank of Commerce. Formerly, President of Bankers Institute of the Philippines.

Karlo Marco P. Estavillo

Board Member

Director of Cocolife since February 26, 2002. He graduated from Ateneo de Manila University. He earned his Postgraduate, Bachelor of Laws degree at the University of the Philippines and a degree in Bachelor in Science in Business Management from Ateneo de manila University. He is a Director at the United Coconut Planters Bank, Corporate Secretary, Asia Pacific Policy Center and General Manager, San Miguel Properties, Inc.

Elmo A. Nobleza

Board Member

He graduated from the University of the Philippines, Bachelor of Science in Statistics. He finished his Master of Science in Mathematics degree from the same University in 1984. He is the president of Cocolife and is currently a Board Member of Cocolife Asset Management Company, Inc.; Dollar Fund Builder, Inc.; Health Assist, Inc.

Dr. Rogelio V. Paglomutan

Board Member

Director of Cocolife since January 24, 2012. He is an economist and associate professor of finance and economics in leading universities. He is currently teaching at the University of Santo Tomas, College of Accountancy. He was a faculty member at the following universities: The University of the Philippines, University of Asia and the Pacific, De La Salle University - Manila; Universidad de Los Andes - Santiago City Chile, South America; and at Royal Melbourne Institute of Technology - Ho Chi Minh City, Vietnam, and appointed Dean at the University of the East. He held the following positions: Deputy National Treasurer of the Philippines, Department of Finance; Assistant Secretary of the Department of Environment and Natural Resources; Chief Finance Officer of Brass Chile Co. in Chile; Investment Officer of the University of the Philippines Foundation, Inc.; Founder & Executive Director of the Bureau of Treasury Provident Fund Inc. Dr. Paglomutan completed his bachelor’s degree in business management cum laude at Silliman University. He obtained his Master of Arts degree in Economics and Doctor of Business Administration (major in Finance) at the University of the Philippines. He took his post-doctoral study in Finance and Investment at McGill University in Montreal, Canada; and obtained his diploma course on Tertiary Teaching and Learning at Royal Melbourne Institute of Technology (Australian university offshore campus in Ho Chi Minh, Vietnam).

Gabriel L. Villareal

Board Member

He graduated from the University of the Philippines, Bachelor of Arts in Political Science. Earned his degree of Bachelor of Laws, cum laude from the same University. He is at present a Managing Partner of the Villareal Law Offices. He held the following positions: Director, Anchor Insurance Brokerage Corporation; Director, Dutch Boy Philippines, Inc.; Director, San Miguel Philippines, Inc.; Director, Cosmos Bottling Corporation; Director Sta. Elena Golf Club; President, Wack Wack Golf and Country Club.

Atty. Jose A. Barcelon

Corporate Secretary

Corporate Secretary of Cocolife since May 7, 2002. He is currently the Senior Vice President and Group Legal Service, United Coconut Planters Bank (UCPB). He was a partner in the following law offices: Mendoza and Barcelon Law Offices and R.B. Ancheta Law Office. He held significant positions in the following companies: Solis, Medina and Magno Law Offices, Senate of the Philippines, Affiliated Computer Services Inc. (assigned at Manufacturer’s Hanover Trust Bank New York, USA), People’s Television Network, House of Representatives, National Housing Authority, UNICEF. He graduated with a Bachelor of Laws degree at the UP College of Law, Diliman.

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