Nicasio I. Alcantara

Independent Director at Phoenix Petroleum

Nicasio I. Alcantara is the Chairman of the Board of Directors and President of Alsons Consolidated Resources, Inc. (ACR). He is the Chairman and President of ACR Mining Corp., Alsons Development and Investment Corp., Sarangani Agricultural Company, Inc., Conal Holdings Corp., Alsons Thermal Energy Corp., Alto Power Management Corp., and many other subsidiaries under the Alcantara Group. He is the Chairman of the Board of SITE Group International, Ltd. He also serves as the Chairman of both the Corporate Governance Committee and Related Party Transactions Committee of BDO Private Bank, Inc. and a member of the Bank’s Audit Committee. He is the Vice-Chairman of Aviana Development Corp. Currently, he is a Director of Seafront Resources Corp., The Philodrill Corp., Enderun Colleges, Inc., Sagittarius Mines, Inc., and Phoenix Petroleum Philippines, Inc. Prior to this, Mr. Alcantara held the position of Chairman and President in various corporations, namely, Petron Corp., ligan Cement Corp., Alsons Cement Corp., Northern Mindanao Power Corp., and Refractories Corporation of the Philippines. He was also the Chairman of Alsons Prime Investments Corp. until recently and served as Director of Bank One Savings, Bancasia Capital Corporation C. Alcantara & Sons, Inc., and Alsons Corp.

He holds a Master’s degree in Business Administration (MBA) from Sta. Clara University in California, and a Bachelor of Science degree in Business Administration from the Ateneo de Manila University.