Cirilo P. Noel
Non-Executive and Independent Director
Globe Telecom Director since April 17, 2018 and re-elected on April 21, 2020
Globe Board Committee membership:
- Nomination and Governance Committee
- Compensation and Remuneration Committee
- Audit and Related Party Transactions Committee (Chairman)
- Board Risk Oversight Committee
Mr. Noel, Filipino, 63, has been an Independent Director since 17 April 2018. He also serves as a Board of Trustee/Director at St. Luke’s Medical Center and St. Luke’s Foundation and St. Luke’s Medical Center College of Medicines. He is also the Head of the Tax Committee of the Makati Business Club. Mr. Noel sits in the Board of the following companies: LH Paragon Inc.; Cal-Comp Technology (Philippines), Inc.; Amber Kinetics Holding Co. PTE LTD, Eton Properties, Inc.; and Transnational Diversified Group Inc. (TDGI). He is also the Chairman of the Board of Palm Concepcion Power Corporation. He is a founding board member of the US-Philippines Society as well as a member of the ASEAN Business Club.
SKILLS AND EXPERIENCE
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 SGV’s Tax Division. He was also a Senior Advisor to the Ernst & Young Global Limited (EY) Global Delivery Services (GDS) Philippines.
On June 30, 2017, Mr. Noel retired as Chairman and Managing Partner of SyCip Gorres Velayo & Co. (SGV), 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, 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. 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. He was also the Presiding Partner of the EY Far East Asia Advisory Council and the EY ASEAN Partners Forum. He 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 and a former governor of the Management Association of the Philippines. He 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 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.
DIRECTORSHIP IN OTHER PUBLICLY LISTED COMPANIES
He also holds directorship in Security Bank Corporation; J.G. Summit Holdings, Inc.; and San Miguel Food and Beverage Inc. All of which are listed on the Philippine Stock Exchange.