
The Board of Directors
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Alfredo B. Parungao
85 years old
Filipino
Born on 24 January 1938, he has a Bachelor of Science degree in Commerce (Summa Cum Laude) from Far Eastern University and is a Certified Public Accountant. Mr. Parungao has a vast wealth of knowledge in property development as former CFO of the Metro Pacific group’s Fort Bonifacio Development Corporation. He is currently the President of Ligaya Management Corporation, Vice President and member of the Board of Trustees of the P&Gers Fund, Inc. and Chairman of CIBI Foundation, Inc. In addition, he is a Director of Philippine Rating Services, Inc., CIBI Information, Inc., and DS Realty, Inc.
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Ernest Fritz D. Server
79 years old
Filipino
Born on 08 July 1943, has a Bachelor of Arts degree in Economics from the Ateneo de Manila and a Master’s degree in Business Administration from the Wharton School of the University of Pennsylvania. Mr. Server is President of Superior Las Pinas, Inc., Vicinetum Holdings, Inc. and Cornerstone Energy Devt., Inc. He is also Chairman of Westview Properties, Inc. and Arrakis Holdings, Inc. He is the Vice Chairman of RFM Corporation and a Director of RFM Foundation, ABS-CBN Convergence, Inc., Cirtex Holdings Philippines Corp., A1 Move Logistics, Inc., Phil Stratbase Consultancy, Inc., Seacage Industries, Inc. and 818 Aqua Farms, Inc.

Francisco A. Segovia
69 years old
Filipino
Born on 17 January 1954, has a Bachelor of Science degree in Business Management from the Ateneo De Manila. He is Chairman and CEO of Segovia & Co., Inc. and FEATI Aviation, Inc. He likewise serves as Vice Chairman and CEO of FEATI University, RPMC Resources, Inc., IT Resources Corporation and Swifts Foods, Inc. Mr. Segovia is also a director of Wide Wide World Express Corporation and RFM Corporation.
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Florencio B. Orendain
89 years old
Filipino
Born on 28 March 1934, holds a Law degree and a Masters degree in Industrial Management from the University of the Philippines. During his stint with government, Mr. Orendain founded, developed and managed two of the country’s most prestigious financial institutions, the National Home Mortgage Finance Corporation and the Pag-Ibig Fund. He also founded the Guaranty Fund for Small and Medium Enterprise and the Philippine Retirement Authority. After leaving government, he led the rehabilitation of BF Homes, Inc. and succeeded in fully paying all of the company’s third-party liabilities. He is now engaged in financial consultancy, specializing in the fields of securitization, corporate rehabilitation and enterprise planning. His current business affiliation includes being the chairman of FBO Management Network, Inc.
Director Orendain passed away on April 2, 2021. The Corporation will nominate another independent director on its next Annual Stockholders’ Meeting.
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Lauro B. Ramos
72 years old
Filipino
Born on 03 February 1951, holds a degree in Accountancy from the University of the East and is a Certified Public Accountant. Mr. Ramos had a long career with the RFM group and served as RFM Corporation’s Chief Finance Officer up to his retirement. He previously served as a director in various RFM subsidiaries such as RFM Insurance Brokerage, Inc., Interbake Commissary Corp. and RFM Equities, Inc.
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Ariel A. De Guzman
59 years old
Filipino
Born on 05 March 1964, holds a degree in Accountancy and is a Certified Public Accountant and a Licensed Real Estate Broker. Prior to joining PPI’s Board in 2014, Mr. De Guzman had a long career with the RFM Group and from 2007 to 2010, then was head of PPI’s Accounting Department holding the position of Asst. Vice President/Controller. As part of the RFM Group, he held various positions the last was as Vice President – Head of Internal Audit. He presently serves as consultant in various companies. Also, he serves as Treasurer and Director of Reliable Insurance Brokers Inc., Conglomerate Savings & Financing Corporation and USSR Holdings Inc.