A. ENVIRONMENTAL FINANCE CONSULTANT (Oct 2005 to March 2009)
- Consultant to AGOS Project (of Manila Water) co-financed by DEG of Germany. I
was responsible for the Financial Packaging of the Project.
- Consultant to the BIGAS Project (of Bayer Crop Science) co-financed by DEG of
Germany. I was responsible for the Financial Packaging of the Project which is
funded in Euro.
- Consultant to UNEP-APRSCP 3R Project in the Philippines. It started as a Study
Project and will develop into a Prototype Model Project on the processing of Used
Cooking Oil for mixing with Diesel for use by Jeepneys and Buses/Trucks.
B. CHIEF FINANCE OFFICER
ASIA PACIFIC ROUNDTABLE for SUSTAINABLE CONSUMPTION and
PRODUCTION (APRSCP)
(Oct 2005 to Sept 2008)
- Responsibility of Finance Officer is to package Funding requirements for various
- APRSCP environmental projects to be potentially funded by International Donor-Grant
- Organizations such as EC, UNEP, USAID, WB, ADB, DEG, CIDA, SIDA
C. STOCKHOLDER & BOARD MEMBER (1997-2010)
PRESIDENT & CEO (1997-2003)
METRO VERDE DEVELOPMENT CORPORATION (MVDC)
MVDC is a company organized for the redevelopment and privatisation of military
camps in the Philippines. MVDC negotiated the MOA to redevelop, in Baguio, Camp
Allen and Navy Base under a joint venture with the PEA and the AFP/DND. The
project will be developed for the foreign groups of retirees and corporations who have
indicated their desire to retire in Baguio.
D. PRESIDENT (1997-2003)
FCASTILLO - FINANCIAL CONSULTANTS
We were the financial and business consultants for the
1. Modernization and the monetization of Camp Aguinaldo which is the GHQ of the
Armed Forces of the Philippines.
2. GENERAL SATELLITE CORP. - COMMUNICATIONS SYSTEM FOR AFP
3. GALAXY SERVICES -WATER SUPPLY PROJECT FOR CEBU
4. AMERICAN TRANSPORT SERVICES CORP. -MARILAQUE PROJECT
E. PRESIDENT (1996-1997)
RSBS INVESTMENT HOUSE CORPORATION (RIHC)
I organized the RIHC which was a 100% subsidiary of the AFP Retirement Service
Benefits System and developed their strategy to compete, against 50 other investment
houses, as a Fee-based Merchant Bank and not as a Money Market player.
F. SENIOR VICE-PRESIDENT for INVESTMENT BANKING (1996)
PHILBANKING CORPORATION
As SVP of PHILBANK, I was concurrently the OIC of PBC Capital which was an
affiliate of the commercial bank (PHILBANK) and was established primarily to support
the fund-generation requirements of PHILBANK.
G. SENIOR VICE-PRESIDENT for PROJECTS (1994-1996)
STATE INVESTMENT TRUST, INC. (SITI)
SITI is one of the older and bigger Investment Houses in the Philippines. In addition to
Investment Banking functions, we developed SITI into a Merchant Bank. As such, SITI
entered into a joint venture with Bear Stearns (USA) to develop, in the Philippines, the
secondary market for mortgages and receivables from car, appliance and credit card
financing.
I was hired to:
- help reorganize and expand the Investments of SITI; I developed the winning bid for
the 200-MW Power Project in Mindanao. This Project is a consortium of companies
from China, U.S. and the Philippines.
- market and develop the joint venture company Bear Stearns State Asia (BSSA); I
was appointed the Managing Director of BSSA & we signed the contract to
securitize P500 million of mortgages of RSBS.
H. PRESIDENT, Asia Division (1992 - 1994)
EMMET, INC.
EMMET is an Environmental Redevelopment company based in California. In the
Philippines, EMMET had a contract to operate a 120-MW Power Barge in Mindanao
starting the 4th quarter of 1993. I was responsible for packaging the contract with
National Power Corp. Aside from the Power Barge, I was also packaging a 40-MW
power plant for an industrial estate and investigating the market potentials of several
industrial products which are environmentally friendly.
I. DIRECTOR FOR FINANCE (1990 - 1994)
INTERNATIONAL REDEVELOPMENT CORP.
IRC was a California real estate development company which specialized in packaging
urban renewal/conversion of properties into their current best use and optimal
income. Projects packaged were the $500 MM Shearwater project in San Francisco and
the second best bid for the Smokey Mountain Reclamation project in Manila.
J. HOUSING FINANCE – MORTGAGE BANKER
CONSULTANT, Housing Finance and Investment Specialist (1989-1990)
Technical Assistance Study - ASIAN DEVELOPMENT BANK
Housing Development Finance Corp. (HDFC) Project
Colombo, Sri Lanka
The Project was for the assessment of the role of HDFC in the housing sector of Sri
Lanka, the presentation of strategic options for HDFC and the development of medium
term Action Plans for HDFC. The Project was funded by the ADB.
I was chosen for this Project because of having been the Consultant (in 1978-79) that
developed the Financial Systems for NHMFC/Home Insurance Guaranty Corp
(presently, HGC)/PAG-IBIG.
As the Finance and Investment Specialist, my assignment required "extensive
experience in delivering housing finance to target beneficiary groups, particularly the
low-income group in developing countries and banking experience. The consultant is
responsible for analysis of the housing market in Sri Lanka & for addressing client
affordability ...to repay mortgage loans. The consultant shall construct an integrated
and creative funding mechanism allowing HDFC to effectively and profitably serve
the target client market..."
K. SENIOR VICE PRESIDENT & Chief Operating Officer (1986 - 1989)
National Home Mortgage Finance Corp.
1. Direct line authority over entire operations of NHMC composed of:
- Mortgage Management Group
- Treasury Group
- Credit & Collection Group-Information Management Group (Computers)
2. Reorganized the operations of NHMFC in preparation for the US$160 million loan
from World Bank.
L. CONSULTANT (1979-1983; 1985- 1986)
National Home Mortgage Finance Corporation
1. Development of Fund Generation Instruments for NHMFC & PAG-IBIG Funds.
2. World Bank Task Force : Composed of NHA-NHMFC-WB personnel to prepare
feasibility study of $100M loan
3. Development of SARILING SIKAP Packages: These are Housing Units for low income
levels which were to be funded by the World Bank.
4. Proposal on Shelter as Dollar Generator.
5. Advocacy Paper on Rent Control Law: Originated the Compromise position
between apartment dweller sand owners.
6. Developed the overall concept plans for integrating the Ministry's various projects in
the Livelihood (KKK) and Shelter Programs.
7. Consultant to FOREIGN EXCHANGE REMITTANCE STUDY TEAM (FERST)
8. Consultant to REGIONAL BANKING PROGRAM
M. CONSULTANT
Home Development Mutual Fund (PAG-IBIG)
Developed the Organization & Systems of NHMFC including those of PAG-IBIG Fund
which started as a Department in NHMFC.
N. CONSULTANT
Home Guaranty Corporation (formerly known as Home Insurance & Guaranty
Corp) Worked on Revision of Charter, Expansion & Re-organization of Operations
O. HOUSING CONSTRUCTION & DEVELOPMENT: PACKAGER & CONSULTANT OF HOUSING PROJECTS (Left government for one (1)
year)
- La Salle Heights: Conceptualized, packaged, and organized the 100 hectare
subdivision project at Antipolo. The project which would build 3,000 houses
around the new La Salle-Antipolo School was guaranteed by the Home Financing
Corporation & financed by Monte de Piedad Savings Bank. 300 teachers from La
Salle, Maryknoll, Assumption, and Poveda were identified to become beneficiaries
of housing units at subsidized prices.
- Teachers Village, Malabon: This project was the first project for the different Public
School Teachers' Associations. Row-houses sold at less than P100,000.
P. INVESTMENT BANKING- GURANTIES & DERIVATIVES:
PRESIDENT
RSBS INVESTMENT HOUSE CORPORATION (RIHC)
I organized the RIHC which was a 100% subsidiary of the AFP Retirement Service
Benefits System and developed their Fee-based Merchant Banking Strategy.
Q. SENIOR VICE-PRESIDENT for INVESTMENT BANKING
PHILBANKING CORPORATION
As SVP of PHILBANK, I was concurrently the OIC of PBC Capital which was an
affiliate of the commercial bank (PHILBANK) and was established primarily to support
the fund-generation requirements of PHILBANK.
R. SENIOR VICE-PRESIDENT for PROJECTS
STATE INVESTMENT TRUST, INC. (SITI)
S. VICE PRESIDENT
FILCAPITAL DEVELOPMENT CORP.
