Wilson P.

Tan

Chairman and Managing Partner

Maria Vivian G. Cruz-Ruiz

Vice Chair and Deputy Managing Partner

Fabian K. delos Santos Martin C. Guantes Noel P. Rabaja

Tax Leader Assurance Leader Strategy and Transactions Leader

Rossana A. Fajardo
Consulting Leader and
EY ASEAN Advisory Chief Operating Officer

Vicky Lee-Salas Lucy L. Chan

Professional Practice Director
Financial Services Organization Leader; and Risk Management Leader
 Market Group 5 Leader;
and EY Asia-Pacific FSO Risk Management Leader

Clairma T. Mangangey Julie Christine O. Mateo Leonardo J. Matignas, Jr.

Learning and Development Leader Talent Leader Chief Risk Officer and Leader, ASEAN
Risk Management

Catherine E. Lopez Michael C. Sabado Marydith C. Miguel

Chief Financial Officer Market Group 1 Leader Market Group 2 Leader

Carolina A. Racelis- Serapio

General Counsel and Market Group 4 Leader
Henry M. Tan Aris C. Malantic
Market Group 3 Leader Market Group 7 Leader
Narciso T. Torres, Jr Narciso T. Torres, Jr Sector and Account Representative
Market Group 8 Leader Market Group 8 Leader Christian G. Lauron

SGV ORGANIZATIONAL HIERARCHY

Wilson P. Tan
Chairman and Managing Partner

Wilson P. Tan assumed the role of SGV Country Managing Partner (CMP) on 1 January
2020. A Certified Public Accountant, Wilson joined SGV in 1987 and was admitted to the
partnership in 2000. Over the course of his career, Mr. Tan has served in various SGV
leadership positions including Vice Chairman and Deputy Managing Partner, Markets
Leader, Head of Assurance Services, Market Group Leader, Head of the Accounting
Standards Group and Head of Financial & Commodity Risk Services.

Mr. Tan has extensive experience in financial audits for large companies in the banking,
infrastructure, telecommunications, power generation and distribution, oil refinery,
mining, construction, and manufacturing sectors. He is a recognized authority on
International Financial Reporting Standards (IFRS) and performs financial accounting
advisory and implementation, financial due diligence reviews, and structured transaction
advisory, among others. He is the Chairman of the Philippine Interpretations Committee,
which assists the Financial Reporting Standards Council of the Philippines in enhancing
financial reporting standards in the country.

In 2019, Wilson co-chairs the professional development committee of the Financial

Executives Institute of the Philippines. He is also a member of the Management
Association of the Philippines and the Makati Business Club. Wilson is currently the
national board member-sectoral director for Public Practice and treasurer of the
Executive Committee of the Philippine Institute of Certified Public Accountants (PICPA).
He received the PICPA Outstanding CPA in Public Practice Award in 2009 and a Special
Achievement in International Professional Involvement in 2012.

A graduate of the University of the East in Manila with a Bachelor of Science degree in
Business Administration, summa cum laude, Wilson placed 12th in the 1987 CPA Board
Examinations. He later obtained his Master of Business Administration from the
International Institute for Management Development in Lausanne, Switzerland. He also
attended the Pacific Rim Bankers Program – Foster School of Business, University of
Washington.

 
Maria Vivian G. Cruz-Ruiz
Vice Chair and Deputy Managing Partner
Vivian is the Firm’s Assurance Service Line Head. Previously, she served as the leader
for Market Group 6.

Vivian joined the Firm in 1989. She is a CPA who has audit experience covering financial
audits, agreed-upon procedures, limited-review procedures, and cross-border offerings.
Her accounts include clients from real estate, media and entertainment, services, and
manufacturing sectors.
She obtained her Master of Business Administration degree from the University of
Western Australia and graduated cum laude from the University of Santo Tomas in
Manila with a Bachelor of Science degree in Commerce, major in Accounting.

 
Fabian K. delos Santos
Tax Leader
Fame is a CPA-lawyer with proven experience in tax compliance reviews, tax planning
and tax advisory work for diverse industries, Philippine Economic Zone Authority (PEZA)
and Board of Investments (BOI)-related projects. He is adept at tax due diligence reviews
in connection with mergers and acquisitions, tax accounting and provisioning advisory,
and estate and family wealth planning. He also oversees the tax clients for SGV’s
Cagayan de Oro, Cebu and Davao offices.

Fame earned his law degree from San Beda College after graduating from the New Era
University with a Bachelor of Science degree in Business Administration, major in
Accounting. He placed sixth in the CPA board exams. He also completed the Leading
Professional Service Firms Program – Harvard Business School, Cambridge
Massachusetts.

 
Martin C. Guantes
Assurance Leader
Martin is a CPA. He is experienced in financial assurance services for the electric
utilities, power generation, geothermal energy, manufacturing, real estate and
construction, semiconductor and electronics, food and beverage, crewing, airline
transportation, oil and gas and mining industries. He has also performed financial due
diligence reviews.

He is a member of the Philippine Institute of Certified Public Accountants (PICPA) and

the Association of Certified Public Accountants in Public Practice (ACPAPP).

He earned his Master in Business Management degree from the Asian Institute of
Management. He graduated cum laude from the University of the Philippines–Diliman
with a Bachelor of Science in Business Administration and Accountancy degree. He
placed 20th in the October 1992 CPA Board examinations.

 
Noel P. Rabaja
Strategy and Transactions Leader
Noel joined the Firm in 1992 and topped the CPA Board examinations in the same year.
He is a partner in the Global Compliance and Reporting (GCR) Group with over 25 years
of experience in tax compliance and tax advisory services. He is the Country Leader for
Tax Accounting and Risk Advisory Services (TARAS). He previously served as GCR
Leader in the Philippines. He is also the local country tax lead for a number of EY global
engagements with multinational companies.

He has extensive experience in tax compliance services, tax accounting, due diligence
review for mergers and acquisitions, and general tax advisory services for local and
foreign clients from diverse industries such as the media and entertainment,
manufacturing, trading, retail, pharmaceutical, energy and utilities, mining, services, and
real estate industries.

Noel graduated cum laude from the University of the Philippines–Diliman with a Bachelor
of Science in Business Administration and Accountancy degree. He is a member of the
Financial Executives Institute of the Philippines (FINEX).

 
Vicky Lee-Salas
Financial Services Organization Leader; Market Group 5 Leader; and EY Asia-Pacific
FSO Risk Management Leader
Vicky is a partner in Assurance. She mostly handles the audits of local and multinational
banking and other financial institutions such as investment houses, finance companies
and stockbrokerage houses. She is also involved in various due diligence review related
to mergers and acquisitions and share valuation work. She is a certified anti-money
laundering specialist.

She majored in Finance for her Master’s degree at the Asian Institute of Management
and attended the Pacific Rim Bankers Program in the University of Washington.
She graduated with a Bachelor of Science degree in Business Administration and
Accountancy from the Philippine School of Business Administration.

 
Rossana A. Fajardo
Consulting Leader and EY ASEAN Advisory Chief Operating Officer
Rossana is SGV’s Advisory Market Service Line Leader (AMSL). As AMSL, she is
responsible for building relevant capabilities to help clients capitalize on opportunities to
grow, optimize and protect their businesses. As an Advisory Partner, she has over 25
years of experience in transformation engagements covering areas of finance, customer
and IT, information systems audit, and operations audit. Her diverse industry experience
covers companies in the media, technology, telecommunications, utilities, manufacturing
and BPO industries. In SGV, she has assumed multiple leadership roles including
Philippine ITRA Leader, Philippine Performance Improvement Leader, ASEAN Regional
Advisory Quality Leader and a member of the Asia-Pacific Advisory Leadership Team.
She has recently been appointed as EY ASEAN Advisory Chief Operating Officer to
oversee operations and drive delivery excellence across ASEAN. Rossana is a member
of SGV’s Leadership Team.

She completed in 2011 the Ernst & Young Kellogg Account Leadership Program
conducted by the Kellogg School of Management, Northwestern University in Illinois. She
has also completed the eMBA Program of the Asian Institute of Management and the EY
Account Leadership Program of the London Business School. RAF graduated from the
University of St. La Salle in Bacolod, cum laude, with a degree in Accounting. She is a
Certified Public Accountant, Certified Information Systems Auditor, Certified Information
Security Manager, Certified Fraud Examiner and is Certified in Risk and Information
Systems Control.

 
Lucy L. Chan
Professional Practice Director and Risk Management Leader
Lucy performs regular audit across various industries such as insurance and pre-need,
telecommunications and real estate industries. She is also involved with due diligence
reviews and bond offerings.

Lucy has been awarded the Philippine Institute of Certified Public Accountants (PICPA)
Young Achiever in Public Practice.

She completed her Master’s degree at the Asian Institute of Management and graduated
magna cum laude from the University of the Philippines for her Bachelor’s degree.

 
Clairma T. Mangangey
Learning and Development Leader
Clair has extensive experience in providing assurance services to listed companies and
multinational corporations, with exposure to various industries including real estate,
broadcasting, oil and gas, utilities, retail, wholesale, business process outsourcing,
manufacturing and trading entities. Clair is also the Asia Pacific (APac) Methodology
Implementation Leader and the Climate Change and Sustainability Services lead partner
in the Philippines.

Clair is a Certified Sustainability Reporting Specialist and a Certified Sustainability

Reporting Assurer. She is a member of the Philippine Institute of Certified Public
Accountants (PICPA).

Clair graduated cum laude from the Saint Louis University in Baguio with a degree in
Commerce – Accounting.

 
Julie Christine O. Mateo
Talent Leader
Julie is a CPA. She is experienced in external audit and due diligence and review. She
has audited clients in the retail, manufacturing, consumer products, real estate, airline,
business process outsourcing and health care industries, as well as educational
institutions and nonprofit organizations.

She is a member of the Philippine Institute of Certified Public Accountants (PICPA).

She earned her Master in Business Management degree from the Asian Institute of
Management. She graduated cum laude from the University of Santo Tomas with a
Bachelor of Science in Commerce degree, major in Accounting.
 
Leonardo J. Matignas, Jr. CPA, CIA, CFE, CRMA
Chief Risk Officer and Leader, ASEAN Risk Management
Leo is a CPA and partner for Advisory Services heading its Risk sub-service line. He is
also a certified internal auditor (CIA), certified fraud examiner (CFE), and has a
certification in risk management and assurance (CRMA). He pioneered the risk services
and fraud investigation services of the Firm and is also its Chief Risk Officer.

Leo is one of the founding members and a past president and of the Association of
Certified Fraud Examiners-Philippine Chapter and a past president of the Institute of
Internal Auditor Philippines. In 2009, Leo became the first and so far, the only Filipino
elected as president of the Asian Confederation of Institute of Internal Auditors (ACIIA).
Currently, Leo sits in the Institute of Internal Auditors’ Global Advocacy Committee.

He has a Masters of Management – International degree from the University of Phoenix,

Arizona and completed the Management Development Program from the Asian Institute
of management. He graduated from San Sebastian College, magna cum laude, with the
degree of Bachelor of Science in Commerce major in Accounting.

 
Catherine E. Lopez
Chief Financial Officer
Cathy is a CPA. Her audit experience covers companies in the consumer products, air
transportation, food service, manufacturing (food and beverage, cement, chemicals,
steel, automotive and automotive parts and accessories), retail, education, radio
broadcasting, information technology service, power, professional services and business
process outsourcing industries. She has also been involved in the development and
testing of proprietary audit methodologies and computer-based tools.

She is a member of the Philippine Institute of Certified Public Accountants.

Cathy graduated cum laude from the University of the Philippines-Diliman with a

Bachelor of Science in Business Administration and Accountancy degree.
 
Michael C. Sabado
Market Group 1 Leader
Mike joined the Firm in 1993. He is a CPA and an Assurance partner. He is experienced
in the external audit of companies in the automotive, real estate, manufacturing,
insurance, construction, airlines and renewable energy industries. His experience also
covers financial due diligence work related to initial public offerings (IPOs) and cross-
border offerings.

He completed his Bachelor’s degree in Commerce, major in Accounting, at San Beda

College.

Marydith C. Miguel
Market Group 2 Leader
Dolly is a partner in Assurance with many years of experience in audit and is IFRS-
accredited based on EY requirements. She has extensive experience in financial audits,
agreed-upon procedures, limited-review procedures, due diligence reviews, and cross-
border and local equity offerings. She has worked with companies engaged in
telecommunications, real estate, investment holdings, tollways, car assembly, food
retailing, and entertainment, as well as airlines, hospitals, schools, and nonstick,
nonprofit organizations. She also has deep experience in the review of internal controls
over financial reporting.

She was a National Board member of the Philippine Institute of Certified Public
Accountants (PICPA) for 2008-2010, and served as President of the PICPA Western
Manila Chapter in 2006-2007.

She was an SGV scholar at the Asian Institute of Management, where she obtained a
Master in Management degree in 1996. She graduated cum laude from the University of
the East in Manila with a Bachelor of Science degree in Business Administration, major
in Accounting.

Henry M. Tan
Market Group 3 Leader
Henry is SGV’s Country Leader for Global Compliance Reporting and Business Tax
Compliance. He is also a Transaction Tax Accredited Partner and Partner-in-Charge for
Tax Basics Seminars. He has over 20 years of extensive experience in tax due diligence
and tax compliance reviews/tax health check. He has done tax reviews for companies in
the manufacturing, retail, services, and information technology and semiconductor
industries. He provides contract tax services (tax function outsourcing) to local and multi-
national clients and has performed review of incentives available to enterprises
registered with the Philippine Economic Zone Authority and Board of Investments. He
has provided independent CPA verification services for claims for refund, tax credit and
tax assessment cases with the Court of Tax Appeals.

He is a member of the Philippine Institute of Certified Public Accountants (PICPA). He

was the President of the PICPA Eastern Metro Manila Chapter from 2009 to 2010; Vice
President Operations-PICPA National Board from 2013 to 2014; Chair, PICPA Metro
Manila Regional Council from 2014 to 2015; Treasurer-PICPA National Board, from 2014
to 2015; Chair, Metro Manila Geographical Area Office, from 2015 to 2016; PICPA
National Board Member from 2015 to 2016; Executive Assistant to PICPA National;
President from 2016 to 2017.

Henry graduated class valedictorian and magna cum laude from the Polytechnic

University of the Philippines with a Bachelor of Science in Accountancy degree.
 
Carolina A. Racelis-Serapio
General Counsel and Market Group 4 Leader
Carol is a principal in Tax. She specializes in business tax advisory primarily in the
power, manufacturing and trading sectors. Her areas of experience include providing tax
advice to global and multinational companies on corporate investments and transactions
and tax-efficient corporate structures; corporate restructuring and reorganizations, spin-
offs, mergers, capital structuring, liquidations, quasi-reorganizations; cross
border/international transactions inbound tax advisory and structuring of investments;
corporate registrations with Philippine regulatory government agencies for special tax
incentives; representation before the revenue tax authorities in relation to securing tax
rulings and tax treaty relief rulings, tax deficiency assessments and tax refund cases.
From 2007 to 2008, she worked in the EY-London office where she handled global tax
quality and risk management.

She is a member of the Integrated Bar of the Philippines.

Carol graduated from the Ateneo de Manila Law School with a Juris Doctor in Law. She
attended the Management Development Program of the AIM. Carol also has an
Economics degree from the University of the Philippines.

Aris C. Malantic
Market Group 7 Leader
Aris is an Assurance partner. His experience include providing assurance services to
local and multinational banks and other financial institutions, manufacturing and trading
firms, healthcare and health maintenance organizations and educational institutions. He
is also involved in due diligence work for mergers and acquisitions, post-closing
completion audits, issuances of comfort letters for fund raising exercises and IFRS
implementations. He has conducted various seminars for clients and regulators covering
accounting standards and banking related topics.

Aris is a Certified Public Accountant and is a member of the Philippines Institute of

Certified Public Accountants.

He completed his Master in Business Management, major in Finance, degree at the Asian
Institute of Management. He also attended the Pacific Rim Bankers Program of the
University of Washington in Seattle. He graduated with a degree in Commerce, major in
Accounting at the University of Santo Tomas.

 
Narciso T. Torres, Jr
Market Group 8 Leader
Jun graduated with a degree in Business Administration, major in Accounting, cum laude,
from the Mindanao State University in 1989. He completed his Master in Management
degree from the AIM in 1996. A CPA, Jun joined SGV in 1989 and was admitted to the
partnership in 2001. He joined EY Vietnam in 2004 as a partner and became Office
Managing Partner of the EY Ho Chi Minh office in 2008.

Jun has over 27 years of experience in the areas of external audit of companies in
agriculture, real estate and construction, power generation, infrastructure, technology,
food and beverage, industrial, manufacturing, airlines and others. He is also involved in
financial due diligence, compilation and review services, agreed-upon procedures,
accounting consultation and advisory and regulatory compliance.

 
Jaime F. del Rosario
Business Services Group Leader
Jimmy is a Certified Public Accountant. He is the mining and metals industry champion of
SGV & Co., Head of the Resources Group and the Head of the Business Services Group.
As a partner in Assurance, Jimmy leads engagements in the areas of financial assurance
services, due diligence reviews, International Financial Reporting Standards reporting,
initial public offerings, audit of multinational companies and special economic zones,
external audit, accounting advisory and consultation, International Accounting Standards
conversion and advisory and regulatory compliance.

He is a member of several mining industry and government associations such as

Chamber of Mines of the Philippines (CMPI), Philippine Minerals Exploration Association
(PMEA), Philippine Mining Club (PMC), Philippine Maintenance and Safety Environment
Association (PMSEA) and Mines and Geosciences Bureau (MGB). He is also the Firm’s
representative to the Australian and New Zealand Chamber of Commerce, Philippine
Australia Business Council (PABC) and the Petroleum Association of the Philippines,
Upstream Business.

Jimmy graduated with a Bachelor of Science degree in Business Administration, Major in

Accounting from the University of the East. He completed the Management Development
Program of the Asian Institute of Management and attended the Strategic Business
Leadership Program at INSEAD, Singapore. He completed the Advanced Management
Program (AMP) of the Harvard Business School in Boston Massachusetts, USA.
Christian G. Lauron
Sector and Account Representative
Ian is a Partner in SGV’s Financial Services Organization (FSO) Advisory practice. He is
the head of the Financial Services Risk Management (FSRM) group which focuses on
capital planning and management, scenario planning, strategic forecasting, stress
testing, governance, regulatory management, Basel II and III, IFRS, enterprise risk
management (covering strategic, financial, compliance, and operational areas). He also
performs macro-prudential policy reviews for the government and public sector.

Ian is a member of the Philippine Institute of Certified Public Accountants and has been
awarded as an outstanding CPA in Public Practice.

He finished his Master’s degree in Business Administration major in Finance with top
honors at the Asian Institute of Management. He also graduated magna cum laude from
the University of Cebu and is a Freeman Foundation Scholar.