Ambassador Manuel M. Lopez has been the Chairman and Chief Executive Officer of Lopez Holdings Corporation (Benpres Holdings Corp.) since June 2010. He has been the Chief Executive Officer and Chairman of the Board of Benpres Holdings Corp. since June 2010. He served as the President of Meralco from 1986 to June 2001. He served as an Executive Vice President of Benpres Corporation from 1973 to 1986 and of AFISCO Insurance Corp. from 1975 to 1982. He served as the Chief Executive Officer of Manila Electric Company since July 1, 2001 and served as its Non-Executive Chairman since May 2010. He has been the Chairman of Manila Electric Co., from July 1, 2001, where he previously served as Non Executive Chairman since May 2010. Ambassador Lopez serves as the Chairman of Bayan Telecommunications, Inc., Meralco Industrial Engineering Services Corp., BTHC and Corporate Information Solutions, Inc. He has been the Chairman of Rockwell Land Corp. since 1995. He served as the Chairman at Philippine Commercial Capital, Inc. from March 1986 to January 2006. He serves as a Vice Chairman of Benpres Holdings Corporation and First Philippine Holdings Corp. He served as Vice Chairman of Lopez Holdings Corporation, from 2001 to June 2010. He has been a Director of Lopez Holdings Corporation since June 8, 1993. He serves as a Director of Sky Vision Corp., Rockwell Land Corp., First Private Power Corp., First Philippine infrastructure Development Corp. and e-Meralco Ventures, Inc. He. Ambassador Lopez serves as a Director of Benpres Holdings Corp. He has been a Director of MNTC, bayan Tel, Lopez, Inc., Bauang Private Power Corporation, MNTC. and charitable foundations and organizations, in particular Meralco Millennium Foundation Inc. (MMFI) and Meralco Management and Leadership Development Center Foundation Inc. (MMLDCFI). He served as a Director of ABS-CBN Holdings Corp. since July 29, 2010. He served as a Director of ABS-CBN Broadcasting Corp. from 1970 to June 2005. He served as a Member of Advisory Board at Philippine Long Distance Telephone Co. Ambassador Lopez holds a Bachelor of Science degree in Business Administration from the University of the East and advanced studies in Financial and Management Development Program from the Harvard Business has been a Non-Executive Director of First Philippine Holdings Corp. (FPHC) since 1992; ABS-CBN Corporation since July 28, 2010 and Manila Electric Co. since April 14, 1986.