9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares
2,123,605,600
11. Indicate the item numbers reported herein
Item 9 (Other Events)
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
National Reinsurance Corporation of the PhilippinesNRCP
PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Results of the Organizational Board Meeting on June 26, 2024
Background/Description of the Disclosure
Results of the Organizational Board Meeting held on June 26, 2024 after the annual stockholders' meeting. This is mainly to elect and appoint the officers and members of the different board committees, appointment of the Lead Independent Director and external legal counsel, and set the monthly schedule of regular board meetings.
List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person
Position/Designation
Shareholdings in the Listed Company
Nature of Indirect Ownership
Direct
Indirect
Evelina G. Escudero
Chairperson of the Board
1
-
-
Yvonne S. Yuchengco
Vice Chairperson of the Board
100
26,000
through PCD nominee
Allan R. Santos
President and Chief Executive Officer
5,000
953,000
through PCD nominee
Joli Co Wu
Treasurer
344,100
260,000
through PCD nominee
Noel A. Laman
Corporate Secretary
-
-
-
Ma. Pilar M. Pilares-Gutierrez
Assistant Corporate Secretary
-
-
-
Jaime Jose M. Javier
Senior Vice President and Head of Life Reinsurance
-
-
-
Jose Augurio N. De Vera, Jr.
First Vice President and Head of Non-Life Reinsurance
-
-
-
Joel Claro A. Perlado
First Vice President, Chief Actuary and Head of Analytics
-
-
-
Santino U. Sontillano
Vice President and Head of Finance
-
10,000
through PCD nominee
Cinderella M. Gernan
Vice President and Head of Data Administration and Technology
-
-
-
Daisy C. Salonga
Vice President and Head of Investments
-
-
-
Jacqueline Michelle C. Dy
Vice President and Head of Risk and Compliance
-
-
-
List of Committees and Membership
Name of Committees
Members
Position/Designation in Committee
Audit Committee
Medel T. Nera
Chairman
Audit Committee
Roberto G. Manabat
Vice Chairman
Audit Committee
Rex Maria A. Mendoza
Member
Nomination and Compensation Committee
Maria Consuelo A. Lukban
Chairperson
Nomination and Compensation Committee
Yvonne S. Yuchengco
Vice Chairperson
Nomination and Compensation Committee
Evelina G. Escudero
Member
Nomination and Compensation Committee
Roberto G. Manabat
Member
Nomination and Compensation Committee
Joli Co Wu
Member
Investment & Budget Committee
Rafael G. Ayuste, Jr.
Chairman
Investment & Budget Committee
Yvonne S. Yuchengco
Vice Chairperson
Investment & Budget Committee
Jocelyn DG Cabreza
Member
Investment & Budget Committee
Maria Consuelo A. Lukban
Member
Investment & Budget Committee
Lester Ong
Member
Investment & Budget Committee
Medel T. Nera
Member
Underwriting Committee
Antonio M. Rubin
Chairman
Underwriting Committee
Lester Ong
Vice Chairman
Underwriting Committee
Alan R. Luga
Member
Underwriting Committee
Joli Co Wu
Member
Underwriting Committee
Rafael G. Ayuste Jr.
Member
Risk Oversight Committee
Roberto G. Manabat
Chairman
Risk Oversight Committee
Rex Ma. A. Mendoza
Vice Chairman
Risk Oversight Committee
Medel T. Nera
Member
Risk Oversight Committee
Maria Consuelo A. Lukban
Member
Risk Oversight Committee
Allan R. Santos
Member
Risk Oversight Committee
Joli Co Wu
Advisor
Risk Oversight Committee
Noel A. Laman
Advisor
Governance & Related Party Transaction Committee
Rex Ma. A. Mendoza
Chairman
Governance & Related Party Transaction Committee
Medel T. Nera
Vice Chairman
Governance & Related Party Transaction Committee
Roberto G. Manabat
Member
Governance & Related Party Transaction Committee
Evelina G. Escudero
Member
Governance & Related Party Transaction Committee
Rafael G. Ayuste Jr.
Member
Governance & Related Party Transaction Committee
Ma. Pilar M. Pilares-Gutierrez
Advisor
List of other material resolutions, transactions and corporate actions approved by the Board of Directors
The Board also (a) designated Mr. Medel T. Nera as Lead Independent Director of the Corporation; (b) re-appointed the law firm Castillo Laman Tan Pantaleon and San Jose as external counsel of the Corporation for the current year; and (c) set the regular schedule of Board meetings every last Thursday of the month at 8:30 in the morning.
National Reinsurance Corporation of the PhilippinesNRCP