Cirilo P. Noel
Non-Executive and Lead Independent Director
Mr. Noel, Filipino, 68, has served as an Independent Director since April 17, 2018. He is a lawyer and certified public accountant (CPA). He is the Chairman of PLC - Security Bank Corporation since May 7, 2024; a member of the Board of Directors since April 2018, appointed as Vice Chairman in April 2020, and Interim Chairman in May 2023. He is likewise the Chairman of Palm Concepcion Power Corporation (since June 2018), Juxtapose Ergo Consultus, Inc. (since May 2019), and Confiar Land Corp (since September 2021).
He is also a member of the Board of Directors PLC-San Miguel Foods and Beverage, Inc. (since September 2018), PLC-Robinsons Retail Holdings (since August 2020), PLC-First Philippine Holdings Corporation (since May 2021), Eton Properties, Inc. (since April 2019), Transnational Diversified Corporation (since August 2019), Amber Kinetics Holdings Co., PTE Ltd. (since March 2018), and LH Paragon Group, Golden ABC (since January 2018).
He is a member of the Board of Trustees of St. Luke’s Medical Center Quezon City (since August 2017) and St. Luke’s Medical Center College of Medicine (since September 2018). He sits as a board member of St. Luke’s Medical CenterGlobal City (since August 2017) and St. Luke’s Foundation, Inc. (since August 2018).
He was a member of the Board of Directors of Philippine Airlines (from 2018 to 2019), PLC-PAL Holdings, Inc. (from 2018 to 2019), and PLC-JG Summit Holdings (from 2018 to 2021).
He is currently affiliated with the Makati Business Club, Harvard Law School Association of the Philippines, and Harvard Club of the Philippines.
SKILLS AND EXPERIENCE
He was awarded an Honorary Life Member by the Philippine Institute of Certified Public Accountants in November 2024. He was also recognized as the Outstanding Professional of the Year in 2019 in the field of Accountancy by the Professional Regulations Commission for his distinguished contributions to the fields of accountancy, tax, and law. Mr. Noel was awarded as one of the 75 Most Outstanding UE Alumni by the University of the East in 2021. In March 2023, he was presented the Accountancy Centenary Award of Excellence by the Professional Regulatory Board of Accountancy for being one of the notable CPAs in the country.
He held various positions in SGV & Co., including Chairman (from 2010 to 2017), Managing Partner (from 2009 to 2010), Vice Chairman & Deputy Managing Director (from 2004 to 2009), Head of Tax Division (from 2001 to 2008) and Partner, Tax Services (from 1993 to 2017).
For two terms, he was an E&Y Global Advisory Council member. He was also the Ernst & Young (EY) ASEAN Tax Head and Far East Area Tax Leader from 2004 to 2009, and the Presiding Partner of the E&Y Asia Pacific Council.
Mr. Noel graduated from the University of the East with a Bachelor of Science degree in Business Administration and obtained his Bachelor of Laws from the Ateneo Law School. He took Master of Laws at Harvard Law School. He is a Harvard International Tax Program fellow and attended the Asian Institute of Management’s Management Development Program.
DIRECTORSHIP IN OTHER PUBLICLY LISTED COMPANIES
Mr. Noel also holds directorships in Security Bank Corporation, First Philippine Holdings Corporation, San Miguel Food and Beverage Inc., and Robinson's Retail Holdings, all of which are listed on the Philippine Stock Exchange.
