Teresita T. Sy has been a member of the Board of Directors of BDO Life Assurance Company, Inc. since 1999, and currently serves as Chairperson of the Board. Concurrently, she serves as the Chairperson and/or Director of various subsidiaries and affiliates of BDO Unibank, Inc.: BDO Private Bank, Inc., BDO Finance Corporation, BDO Capital & Investment Corporation, and BDO Foundation, Inc. Ms. Sy also serves as Advisor to the Board of BDO Network Bank, Inc.

Ms. Sy is the Vice Chairperson of SM Investments Corporation and Adviser to the Board of SM Prime Holdings, Inc. (PLC). She also sits as Chairperson of the Board of SM Retail, Inc. A graduate of Assumption College with a degree in Bachelor of Arts and Science in Commerce major in Management,she brings to the board her diverse expertise in banking and finance, retail merchandising, mall and real estate development.

Nestor V. Tan has been a member of the Board of Directors of BDO Life Assurance Company, Inc. since 1999. He is the President and CEO of BDO Unibank, Inc. Concurrently, he holds the following positions in the BDO Group: Chairmanship of BDO Strategic Holdings, Inc. and BDO Network Bank, Inc.; Vice chairmanships and/or directorships in BDO Capital & Investment Corporation, BDO Finance Corporation, BDO Private Bank, Inc. and SM Keppel Land, Inc.; and Trusteeship of BDO Foundation, Inc. 

In addition, he is currently the Chairman of Bancnet, the operator of the electronic payment system, InstaPay, and the ATM switching utility for Philippine banks; and Chairman of Mastercard Asia Pacific Advisory Board. He is the past president and current Director of the Bankers Association of the Philippines. He is also the past chairman of the De La Salle University Board of Trustees.

Most recently, Mr. Tan earned the recognition as the best CEO for Emerging Markets Philippines by New York based international finance magazine Institutional Investor, based on a poll of global investors and analysts. In 2019, he was named as the Management Man of the Year by the MAP (Management Institution of the Philippines).

Prior to joining BDO Unibank, Mr. Tan was Chief Operating Officer of the Financial Institutions Services Group of BZW, the investment-banking subsidiary of the Barclays Group. His banking career spans nearly four (4) decades and includes posts at global financial institutions, among them Mellon Bank in Pittsburgh, PA; Bankers Trust Company in New York, NY; and the Barclays Group in New York and London. He holds a bachelor’s degree in Commerce from De La Salle University and an MBA from the Wharton School, University of Pennsylvania.

Renato A. Vergel de Dios is the President & CEO of BDO Life Assurance Company, Inc. and a Director of BDO Life Board since October 14, 2009. He also serves as a Director and Treasurer of the Philippine Life Insurance Association, and a member of the Board of Trustees of the Insurance Institute for Asia and the Pacific. Mr. Vergel de Dios has been in the life insurance business for nearly 50 years. Prior to joining BDO Life, he served as CEO for Manulife Philippines Inc. and was Executive Vice President, Sales and Operations, for the Philippine American Life Insurance Company, Inc. He holds a Bachelor’s Degree in Mathematics from Ateneo de Manila University and an MS Management (Sloan) degree from Stanford Graduate School of Business. He completed the requirements for Associateship of the US Society of Actuaries and is a Fellow of the Life Office Management Association (USA).

Ariel G. Cantos was elected to the Board of Directors of BDO Life Assurance Company, Inc. on June 29, 2022. He is the Chairman of the Board Audit Committee and the Board Risk Oversight Committee.

He has over 35 years of experience in the life insurance industry particularly in the areas of distribution, both in agency and in bancassurance, and in management. He held the position of Chief Agency Officer of Philam Life responsible for over 10,000 financial advisors. He was appointed the President and CEO of BPI Philam Life Assurance Company, the strategic partnership between BPI and Philam Life which became the leading bancassurance company during his helm. He was then appointed as President and CEO of Philam Life, a position he held until his early retirement in 2019 and was senior advisor to the new CEO until 2020.

He was also the Chairman of the Philam Foundation which had nationwide programs that supported health, education, and financial literacy. He also served the industry as the President of the Philippine Life Insurance Association. He is a graduate of the Ateneo de Manila University with a Bachelor’s degree in Economics under the Honors Program. He is a Fellow of the Life Management Institute with distinction.

Currently, he advocates retirement planning, gender diversity and inclusion, and leadership

Reynaldo C. Centeno was elected to the Board of Directors of BDO Life Assurance Company, Inc. on March 22, 2024. He is the Chairman of the Corporate Governance Committee and the Related Party Transaction Committee.

He was the first President and CEO of Generali Life Assurance Philippines, Inc. (GLAPI), spearheading its product and service expansion initiatives in the country from July 2016 to December 2022.

Prior to joining GLAPI, he was the Chairman of the Interim Governance Board of the National Life Insurance Company, leading its successful rehabilitation. He retired from the Philippine American Life and General Insurance Company (Philamlife) in October 2015 after 29 years of service, occupying various senior management positions such as COO, CFO, and Chief Actuary. He was designated Chairman/President/Director of various Philamlife affiliate companies involved in bancassurance, pre-need, HMO, non-life insurance, mutual funds, savings bank, credit card, call center and property development.

He had served as President of the Philippine Life Insurance Association (PLIA), President of the Actuarial Society of the Philippines (ASP) and Trustee of the Insurance Institute of Asia and the Pacific (IIAP).

He has extensive experience in change management, enterprise risk management,strategic planning and execution, merger and acquisition, and general management.

He received his Bachelor of Science Degree Major in Mathematics (cum laude) from the University of the Philippines and his Master of Science Degree Major in Actuarial Mathematics from the University of Michigan. He is a Fellow of the Society of Actuaries of the USA, a Member of the American Academy of Actuaries, a Fellow of the Actuarial Society of the Philippines and a Fellow of the Life Management Institute.

Lucy C. Dy was elected to the Board of Director of BDO Life Assurance Company, Inc. on November 24, 2016. She is also Executive Vice President and Comptroller of BDO Unibank, Inc., and concurrently holds the position of Director of BDO Remit Limited and BDORO Europe, Ltd.; Director and Treasurer of BDO Strategic Holdings, Inc. and Ivory Homes, Inc.; Trustee and Treasurer of BDO Foundation, Inc. She holds a Bachelor’s degree in Accounting from the University of Santo Tomas.

Maria Corazon A. Mallillin, 63 years old, was elected to the Board of Directors of BDO Life Assurance Company, Inc. on 25 March 2026. She is concurrently Executive Vice President and the Group Head of Branch Banking of BDO Unibank, Inc. Cora has been with BDO Unibank for twenty years, joining the Bank in March 2005 as Region Head. Three years later, she was appointed Branch Banking Admin Head, overseeing operations of the entire branch network and spearheading digital transformation projects of the branches. She became Deputy Head for Branch Banking in 2021 and later assumed the role of Group Head in April 2023. She likewise serves as Board Trustee for BDO Foundation, a member of the Board of BDO Insurance and BDO Network Bank.

Prior to joining BDO, she held various senior leadership roles in the banking industry. She served as Senior Vice President for Branch Banking of both Maybank, Phils. from 2002 to 2005 and at Asiatrust Bank from 1998 to 2002. She began her banking career at PCI Bank in 1982 as a Management Trainee and eventually appointed Assistant Vice President and Head of Cash Management before leaving the organization in 1998. She holds a Bachelor of Arts degree in Economics and a Bachelor of Laws degree from the University of the Philippines, Diliman, Quezon City.

Outside the banking sector, she also serves as a Board Trustee of the International Graduate School of Leadership (IGSL) and Far East Broadcasting Corporation (FEBC).