Doris Magsaysay Ho

Chairperson 

Ms. Doris Magsaysay Ho is the President and CEO of A. Magsaysay, Inc. Magsaysay traces its roots as ship owners and ship managers, but later on expanded into serving the industries of hospitality and tourism, transport and logistics, healthcare, oil and gas and specialized engineering and trade. The company has a network of offices strategically mapped in the Philippines, Indonesia, China, Thailand, Croatia, Greece and Spain. Magsaysay conducts its overseas operations in Jakarta and Bali Indonesia, Hong Kong and Shanghai China, London and Newcastle UK, Vancouver, Canada and New York. Guided by its principle of caring for its people, the company has been awarded the Seatrade Asia Award for Education and Training in 2010, the Lloyd’s List Global Training Award in 2011, 2013 and 2014, the ASEAN Business Advisory Council Award for CSR in 2013 and the Intel-AIM CSR Award in 2014.
Ms. Magsaysay Ho is also the Chairman of Lorenzo Shipping Corporation and a Director of Fairmont Shipping Limited.
Ms. Magsaysay Ho’s affiliations include the following:

• Makati Business Club Trustee
• APEC Business Advisory Council Philippine Member
• Philippine Interisland Shipping Association Chairman Emeritus
• Steamship Mutual Underwriting Association Director
• World Maritime University Director of Executive Board
• The National Corn Competitiveness Group Chairman
• Asia Society Philippine Foundation, Inc. Chairman
• Asia Society (New York) Trustee
• Metropolitan Museum Manila Trustee
• The Hague Process on Refugees & Migration Trustee
• First Philippine Conservation, Inc. Treasurer and Trustee
• World President’s Organization Member

Ms. Magsaysay Ho has also received the following awards:

• Asia CEO’s Global Filipino Executive of the Year 2012
• Lloyd’s List Asia Lifetime Achievement Award 2011
• The Outstanding Manilan Award 2005
• Ernst & Young Entrepreneur of the Year for Social Responsibility 2004

Anthony Louis Marden

 Vice-Chairman

Antony Louis Marden has been the Vice Chairman of the Board and the Executive Committee. He has also served as Chairman of the Nomination Committee since June 2006 and a member of the Audit Committee since June 2005. He is the President of FIM Limited and a Director in the following corporations: G.E. Marden & Co., Ltd., Fenwick Shipping Services, Ltd., National Marine Corporation, Clean Oil (HK) Limited, National Marine Corporation and the NMC Group of Companies. Mr. Marden studied Chinese & Politics at Leeds University and has worked in the shipping business for almost 40 years.

Virgilio L. Peña

Independent Director

Mr. Virgilio L. Peña is presently the Chairman of Altius Phils, Inc. and President of Mano Amiga Academy – school committed to providing high quality K to 12 education to less privileged families. He continues to serve in the Board of Everest Academy Manila – a Catholic international school in the Bonifacio Global City owned by the Regnum Christi and the Legionaries of Christ. He is a member of the Board of Trustees and Assistant Treasurer of the Philippine Cancer Society and the Chairman of 3Peas in a Pod Inc. – a family owned business in the food industry He is a Fellow of the Institute of Corporate Directors, and a life member of the Management Association of the Philippines. He is a graduate in Electrical Engineering from the California State Polytechnic University, an MBA candidate of the Ateneo de Manila Graduate School of Business, and completed the International Executive Program of Columbia University. 

Ian C. Claxton

Board Advisor

Ian Clifford Claxton is the President & CEO of Magsaysay Shipping & Logistics. With 16 years of shipboard experience for dry bulk and refrigerated container vessels and with previous roles as Chief Executive Officer, Managing Director, and Country Manager for various logistics companies in Thailand and Sri Lanka, Mr. Claxton has acknowledged expertise in the areas of shipping, freight forwarding, and logistics services. Mr. Claxton holds a Master’s degree in Business Administration from Columbia College Maryville. He graduated from Riverside College in Liverpool, England and completed his Higher National Diploma in Nautical Studies at Cardiff University.

Michael L. Escaler

Director

Mr. Escaler is the President and Chief Executive Officer of All Asian Countertrade, Inc. known as the largest sugar trader in the Philippines, founded in 1994 in partnership with Louis Dreyfus and Nissho-Iwai. Mr. Escaler is also the Chairman, President and Chief Executive Officer of Pampanga Sugar Development Co., Inc., (PASUDECO), President and CEO of San Fernando Electric Company (SFELPACO), Chairman and CEO of Sweet Crystals Integrated Sugar Mill Corp. and Okeelanta Corporation, Chairman of Balibago Waterworks Corporation, JSY Transport, Aldrew and Gray Transport, Silver Dragon Transport and Metro Clark Waste Management Inc. He also serves as Director of PowerSource Philippines, Inc., Empire Insurance Co., Trinity Insurance Co. and Trinity Healthcare Services, Inc., Marcventures Holdings Inc. and Leyte AgriCorp. Mr. Escaler has served on the Board of Directors for Lorenzo Shipping Corporation since 2002.
A sugar trader in New York and London from 1974 to 1993, Mr. Escaler began his career at Nissho-Iwai of America for two years and left for ACLI International, one of the largest privately held trading company. Later on, Mr. Escaler transferred to Philipp Brothers as Vice-President to head the white sugar trading and subsequently he started his own trading company in the Philippines. A Hall of Fame Sprinter for Ateneo de Manila University, where he graduated Cum Laude in Bachelor of Arts in Economic, Mr. Escaler obtained his Masters in Business Administration in International Marketing in New York University. A Philanthropist, Mr. Escaler supports various charities including Habitat for Humanity, Coca Cola Foundation, PGH Medical Foundation, Mano Amiga Academy and Productive Internships in Dynamic Enterprise (PRIDE).

Deogracias N. Vistan

Lead Independent Director 

Mr. Vistan became a Director of the Company in 2002. He is a respected veteran banker whose last major stint was as President and CEO of Equitable PCI Bank Corporation in 2001-2002. He distinguished himself in the same position in Solidbank Corporation from 1992 to 2000 and as President and Vice-Chairman of the Land Bank of the Philippines from 1986 to 1992. Before that, he occupied various senior management positions in Citibank (Manila) where he started his banking career.
Presently, Mr. Vistan is an Independent Director of Philippine National Bank, PNB Capital & Investment Corporation and U-Bix Corporation. He serves as Chairman of the U.S.-based PNB International Investments Corporation, PinoyME Foundation and V & A Foods Corporation. Mr. Vistan is also a member of the Board of Trustees of the Ramon Magsaysay Award Foundation and the Executive Advisory Council of Mitsubishi Motors Philippines Corporation. Mr. Vistan graduated with a double degree in Business Administration and Humanities from the De La Salle University and finished his Master in Business Administration at the Wharton Graduate School of the University of Pennsylvania.

Rene J. Buenaventura

Independent Director

Mr. Rene J. Buenaventura has been the Vice Chairman of the Equicom Group of Companies since 2007. The Equicom Group includes various companies in healthcare, banking and finance and information technology. He is Vice Chairman of Equicom Savings Bank and Algo Leasing and Finance Inc., Director and Executive Committee Member of Maxicare Healthcare Corporation and Director of Equicom Information Technology Inc. He is a member of the Board of Trustees of the Equitable Foundation.He is also an Independent Director of UBS Investment Phils Inc and of AIG Insurance Phils Inc. and is a Director of Strategic Equities Corporation.   He  was the former President of Equitable PCI Bank. He attended the Advance Management Program for Overseas Bankers in Wharton School, University of Pennsylvania. He finished his MBA and AB-BSC in De La Salle University. He is a Certified Public Accountant.

Reynold John B. Madamba

President and Chief Operating Officer

Mr. RJ Madamba was elected as President and Chief Operating Officer of the Company in 2018. He is also Head of Liner for Magsaysay Shipping and Logistics, serving as Chief Operating Officer of NMC Container Lines, Inc. and Roadlink Solutions, Inc. He is also a member of the Executive Committee of Pacific Roadlink Logistics, Inc. He previously served as Vice President and Chief Operating Officer of the Cold Chain Division of ISOC Holdings, Inc. from 2017 to 2018. Prior to that, he was the General Manager of Icebox Logistics Services, Inc. from 2011 to 2017. He was also Secretary and Director of the Cold Chain Association of the Philippines from 2015 to 2018. He started his career at American President Lines (APL) from 1996 until 2011 where his last stint there was Davao and General Santos Branch Manager. Mr. Madamba graduated in 1996 with a degree in Management Economics at the Ateneo de Manila University. He completed a course in Perishables Transport at the University of California-Davis in 2001. He also took up some MBA units at the University of the Philippines’ College of Business Administration from 2001 to 2002. He also successfully completed Carrier-Transicold’s Technical Service Training in 2009. In 2010, Mr. Madamba was a delegate of the Rotary Club’s Group Study Exchange Program in British Columbia, Canada. He graduated class valedictorian of the Dale Carnegie Leadership Training for Managers in 2012. Mr. Madamba brings with him more than 22 years of experience in domestic and international container liner shipping which includes branch management, freight forwarding, customer service, reefer sales, container yard operations, equipment maintenance and repair, vessel operations, trucking, finance, and customer relationship management (CRM).

 

 

 

 

LORENZO SHIPPING CORPORATION:

Composition of Different Board Committees

 

 1. AUDIT COMMITTEE

• Dir. Deogracias N. Vistan (Independent Director) Chairman

Members:

• Dir. Rene J. Buenaventura (Independent Director)

• Dir. Antony Louis Marden

• Dir. Michael L. Escaler

 

2. CORPORATE GOVERNANCE COMMITTEE

• Dir. Rene J. Buenaventura (Independent Director), Chairman

Members:

• Dir. Deogracias N. Vistan (Independent Director)

• Dir. Antony Louis Marden

• Dir. Michael L. Escaler

 

3. BOARD RISK OVERSIGHT COMMITTEE

• Dir. Michael L. Escaler, Chairman

Members:

• Dir. Deogracias N. Vistan (Independent Director)

• Dir. Rene J. Buenaventura (Independent Director)

• Dir. Antony Louis Marden

  

4. RELATED PARTY TRANSACTIONS (RPT) COMMITTEE

* Chairmanship is vacant to date as the Board is reserving the position to whoever become the third Independent Director of the LSC Governing Board Members:

• Dir. Deogracias N. Vistan (Independent Director)

• Dir. Rene J. Buenaventura (Independent Director)

• Dir. Antony Louis Marden

• Dir. Michael L. Escaler

 

 

Edralin Manapsal

Vice President for Sales & Marketing

Mr. Manapsal joined the Company in May 2001 as Senior Corporate Sales and Marketing Manager and after a year was promoted to Assistant Vice President for Marketing and Sales in October 2002. He was appointed as Vice President for 14 Marketing and Sales in 2005. His other work stints were with Anscor Transport & Terminals, Inc., Soriamont Steamship Agencies, Inc. as Line Manager for U.S.A./EUROPE trade, P&O Nedlloyd, Inc. as Senior Marketing and Sales Manager and HANJIN Shipping as Sales and Japanese Accounts Senior Manager. Mr. Manapsal graduated with a degree in Business Administration major in Management from the Philippine School of Business Administration (PSBA).

Amelita M. Intalan

Treasurer, Chief Finance Officer, and Chief Risk Officer

Ms. Intalan is currently the Chief Finance Officer of Lorenzo Shipping Corporation. She was Chief Finance Officer of various companies, including Generali Life Assurance Philippines, Inc. and Philam Plans, Inc., as well as, Treasurer and Head of Treasury and Administration of the Philippine American Life & General Insurance Co. (Philam Life), Philam Equitable Life Assurance Corporation (PELAC), and, most of Philam Life subsidiaries. She also was the Assistant Treasurer and Head of Treasury of BPI-Philam Life Assurance Corporation. Ms. Intalan was a member of the Board of Directors of most Philam Life affiliated companies. Ms. Intalan obtained her Bachelor of Science in Business Administration & Accountancy from the University of the Philippines in Diliman, Quezon City and passed her CPA Licensure Examinations. She was a full scholar of then European Economic Community (EEC) for a management in joint venture course conducted by INSEAD.

Edna F. Mendiola

Compliance Officer

On June 25, 2015, Ms. Mendiola was appointed as the Compliance Officer of Lorenzo Shipping Corporation. She was also appointed as the Group Standards and Compliance Head of the National Marine Corporation and its subsidiaries last September 16, 2015.
She started in LSC as Internal Audit Head in October 2007, then assume the position of Vice President for Finance / Chief Finance Officer in April 17, 2009 until her appointment in NMC.
Prior to LSC, she was the Country Audit Head for 6 years of Consolidated Industrial Gases Inc. (CIGI), a multi-national gas manufacturing company where she was heavily involved in the Asia cluster focusing on Business Assurance, Corporate Governance / Code of Conduct and the control framework for Sarbanes-Oxley Act, a statutory requirement for publicly traded companies. While in the Audit position, she also occupied the position of Local Implementation Project Manager for SAP when launched in CIGI in the year 2005.
Ms. Mendiola worked in CIGI for 23 years handling various managerial positions in Audit and Finance - Credit & Treasury, Risk Management, Joint-Venture Accounting, Procurement and Quality Systems Audit. She is a Certified Public Accountant and a graduate of University of the East - Manila with a degree of Bachelor of Science in Business Administration.

Romualdo L. Bea

Chief Finance Officer

He started his career with Punongbayan&Araullo (Ernst & Young - Manila) as Auditor and made his way to management positions in the different industries. His professional career highlights include working with Intel Technology Philippines. Inc. as Controls Manager/High-Valued Inventory (HVI) Program Manager; with Rockwell Land Corporation as Finance & Accounting Manager; with Liquigaz Philippines Corporation as Corporate Finance Manager; with Globe Telecom. Inc. as Finance Director for Globe's Network Infrastructure Assets and Project Accounting and Reporting and Accounting Standards and Implementation Teams, and with Innove Communications, Inc. (a Globe Telecom Subsidiary) as Financial Accounting & Reporting Head/Financial Controller. His most recent engagement prior to joining NMC was with SPi Global, Inc. where he held the position of VP. Finance - Head Controllership.As he is fondly called, graduated Cum Laude at the San Beda College where he took up Bachelor of Science in Accountancy. He placed 2nd in the May 1997 Philippine CPA Licensure Board Examinations. He is also a Certified Management Accountant (CMA) of the CMA Program Philippines, a globally recognized program of the Institute of Certified Management Accountants (ICMA) of Australia that grants the CMA Certification to the successful management accounting professionals in the Philippines and abroad. Mel is currently enrolled in Ateneo-Regis MBA Program of the AteneoGraduate School of Business.

Atty. Aissa V. Encarnacion

Corporate Secretary

Atty. Encarnacion has been the Corporate Secretary of the Philippine Stock Exchange and SCCP since February 2004 and a non-voting member of the Nominations and Elections Committee. She is a Partner of Zamora and Poblador Law Offices. She is a professorial lecturer at the University of the Philippines College of Law and Cesar Virata School of Business. Before she assumed her present PSE post, she was the Assistant Corporate Secretary of the Exchange from 2000 to 2003 and Acting Corporate Secretary from 2003 to February 2004. She is a member of the Board of Directors of various private companies, a Trustee of Empowering Brilliant Minds Foundation, Inc. and acts as Corporate Secretary for various companies. Prior to joining her present law firm, she was a Senior Associate of the Bengzon Narciso Cudala Jimenez & Liwanag Law Offices. She received her Bachelor of Laws and Bachelor of Science in Business Administration degrees from the University of the Philippines.

Atty. Cris Marco V. Banaag

Assistant Corporate Secretary

Atty. Banaag is a junior associate of the Zamora and Poblador Law Offices. He graduated cum laude from the University of the Philippines with a degree in Bachelor of Arts in Creative Writing. He obtained his Juris Doctor from the University of the Philippines in 2021 and was admitted to the Philippine Bar in 2022.

Atty. Ruby Mae F. Reyes

Compliance Officer

Atty. Reyes is the incumbent Compliance Officer of Lorenzo Shipping Corporation. She is Deputy Legal Counsel for the Magsaysay Group of Companies. As the Corporate Secretary and assistant corporate secretary of various companies in the 12 group, she is engaged handling the corporate legal affairs as well as regulatory compliance monitoring of various corporations. Atty. Reyes received both the degree of Bachelor of Science Major in Legal Management and Juris Doctor from De La Salle University – Manila. She became a member of the Philippine Bar last 2020.

Atty. Greta Monica D. Trazo

Corporate Information Officer and Investors Relations Officer

Atty. Greta Monica D. Trazo is the Corporate Information Officer and Investors Relations Officer of Lorenzo Shipping Corporation. She is also the Senior Legal Counsel for National Marine Corporation, acting as the dedicated legal counsel for the Magsaysay Shipping and Logistics Group which includes 14 companies ranging from ship management to distribution and logistics. Prior to joining the Magsaysay Group, Atty. Trazo was the Labor and Litigation Partner of Carpo Law and Associates where she handled and led the prosecution and defense of civil, criminal and administrative cases, and acted as Assistant Corporate Secretary for various corporations. She was an Associate at Abellera & Calica Law Offices and Desierto and Desierto Law Offices. She interned at the Office of the Solicitor General, Office of the Government Corporate Counsel and U.P. Office of Legal Aid. Atty. Greta Monica Trazo has been a member of the Philippine Bar since 2014. She graduated with a Juris Doctor degree from the University of the Philippines College of Law in 2013, and has a Bachelor of Arts degree for Journalism from the College of Mass Communication, University of the Philippines-Diliman.

Katherine M. Dela Cruz

Chief Audit Executive

Ms. Katherine M. Dela Cruz holds the position of Internal Audit Head at A. Magsaysay Inc. Prior to her appointment, she was the Audit Manager of A. Magsaysay Inc. in-charge for providing audit services to LSC. She started her career with LSC in 2008 as Audit Officer and moved to become the Internal Audit Manager in 2009. In 2015, she took on an expanded role as Internal Audit Manager for Magsaysay Transport and Logistics. Before joining LSC, she had a short stint as Controls and Compliance Supervisor of Shell Shared Services Center and Audit Supervisor at Zuellig Pharma Corporation from 2000-2008. Ms. Dela Cruz graduated from Pamantasan ng Lungsod ng Maynila with a degree in Bachelor of Science in Accountancy. She is a Certified Public Accountant and a member of Philippine Institute of Public Accountants (PICPA) and Institute of Internal Auditors (IIA).