Cirilo P. Noel
Non-Executive and Independent Director
- Globe Director since April 17, 2018
- Globe Board Committee memberships:
- Nomination and Governance Committee
- Compensation and Remuneration Committee
- Audit and Related Party Transactions Committee (Chairman)
- Number of directorships in other publicly listed companies: 3
Mr. Noel, Filipino, 61, was first elected to the Board of Globe Telecom during the Annual Stockholders’ Meeting on April 17, 2018. He serves as a Board of Trustee/Director at St Luke’s Medical Center and a Trustee of the Makati Business Club. He is a member of the Association of Southeast Asian Nations (ASEAN) Business Club.
Mr. Noel is also a director in Security Bank Corporation, JG Summit Holdings, Inc., PAL Holdings, Inc., and LH Paragon, Inc. He is an independent director in Cal-Comp Technology and is a director and incorporator in Amber Kinetics.
As a certified public accountant (CPA) and lawyer, Mr. Noel’s areas of expertise include international tax for inbound and outbound investments, tax advisory and planning, tax advocacy, litigation, investment, and trade laws. He was, for many years, the Head of Sycip Gorres Velayo (SGV)’s Tax Services.
Mr. Noel recently retired as Chairman and Managing Partner of SGV & Co., the Philippine member firm of EY. When he assumed the post as Chairman and Managing Partner from February 1, 2010 to December 31, 2016 and Managing Partner from January 2009 to December 31, 2016, he ushered SGV into a period of rapid expansion in terms of staff size, breadth of services, client base, and geographic coverage. He was with the Firm for 33 years. Under his leadership, SGV became part of the EY Global Delivery Network (GDN), which offers Advisory Services including Performance Improvement, Risk, and Advisory Support capabilities to EY clients around the world. GDN Philippines also offers IT services, business, and creative services focused on administrative support, creative design, as well as knowledge services. In 2010, the Asia-Pacific Talent Hub was established as a cross-border teaming resource, and now has some 1,500 professionals servicing more than 65,000 clients from all over the region, including Hong Kong, Singapore, Malaysia, and Australia. Within the global EY organization, he was a member of the EY Global Advisory Council and the EY Asia Pacific Advisory Council for two terms or six years. Mr. Noel was the Presiding Partner of the EY Far East Asia Advisory Council and the EY ASEAN Partners Forum. He was also Senior Advisor of EY Global Delivery Services (Philippines) Inc. and a Trustee of the US-Philippines Society. He continues to serve as a Trustee of the SGV Foundation.
Mr. Noel also served as ASEAN Sub-Area Tax Head and the Far East Area Business Tax Services Leader. He is a former member of the Board of Trustees and the audit committee chair of the Philippine Business for Social Progress. He is also a former governor of the Management Association of the Philippines. He has also served as president of the Harvard Law Alumni Association of the Philippines and as a member of the Board of Trustees of the Harvard Club of the Philippines.
Mr. Noel graduated from the University of the East in Manila with a degree in Business Administration and holds a Bachelor of Laws degree from the Ateneo de Manila University Law School. He obtained his Master’s degree in Law from the Harvard Law School and is a fellow of the Harvard International Tax Program. He also attended the Management Development Program at the Asian Institute of Management.
The other publicly-listed companies Mr. Noel holds directorship in include Security Bank Corporation and JG Summit Holdings, Inc. Both are listed on the Philippine Stock Exchange.