Fernando Zobel De Ayala

Mr. Zobel, Filipino, 60, Director since October 1995. He has been the President and Chief Operating Officer (COO) of Ayala Corporation since April 2006, and Director since May 1994. He is the Chairman of Ayala Land, Inc., Manila Water Company, Inc., AC Energy Corporation (formerly AC Energy Philippines, Inc.), AC International Finance Ltd.; Liontide Holdings, Inc.; AC Energy and Infrastructure Corporation (formerly AC Energy, Inc.); Ayala Healthcare Holdings, Inc.; Automobile Central Enterprise, Inc.; Alabang Commercial Corporation; Accendo Commercial Corp.; and Hero Foundation, Inc. He is also Co-Chairman of Ayala Foundation, Inc. and Ayala Group Club, Inc. He is Vice-Chairman of AC Industrial Technology Holdings, Inc.; ALI Eton Property Development Corporation; Ceci Realty Inc.; Fort Bonifacio Development Corporation; Bonifacio Land Corporation; Emerging City Holdings, Inc.; Columbus Holdings, Inc.; Berkshires Holdings, Inc.; AKL Properties, Inc.; AC Ventures Holdings Corp.;. and Bonifacio Art Foundation, Inc. He is a Director of Bank of the Philippine Islands, Integrated Micro-Electronics, Inc.; LiveIt Investments, Ltd.; AG Holdings Ltd.; AC Infrastructure Holdings Corporation; Altaraza Development Corporation, Asiacom Philippines, Inc., Ayala Retirement Fund Holdings, Inc.; Honda Cars Philippines, Inc.; Isuzu Philippines Corporation; and Manila Peninsula. He is an Independent Director of Pilipinas Shell Petroleum Corporation.

He is also a member of the Board of INSEAD Business School and Georgetown University; Member of the International Advisory Board of Tikehau Capital and of the Hispanic Society Museum & Library International Advisory Council; Vice Chairman of the Philippine-Singapore Business Council, member of the World Presidents’ Organization and Chief Executives Organization; Chairman of Habitat for Humanity International’s Asia-Pacific Capital Campaign Steering Committee; and Member of the Board of Trustees of Caritas Manila, Pilipinas Shell Foundation, and the National Museum.

Mr. Zobel graduated with B.A. Liberal Arts at Harvard College in 1982 and holds a CIM from INSEAD, France.