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Lydia Balatbat-Echauz is an independent director of the Company. She has more than three decades of leading the country’s top schools. She served as President of publicly listed Far Eastern University from 2002 to 2012. Previous to this, she was Associate Director at the Graduate School of Business, Ateneo de Manila University until 1985 and Dean of the Graduate School of Business, De La Salle University from 1986 to 2002. Her expertise extends beyond the academe as she also sits on the board of several companies which include Metro Pacific Investments Corporation, Pilipinas Shell Petroleum Corp., PLDT Beneficial Trust Fund, SM Foundation, Inc., Henry Sy Foundation, Inc., PhilStar Group, Riverside College, Inc., NBS College, Felicidad Sy Foundation, Inc., FERN Realty Corporation, Superior Parañaque Homes, Inc., Bancholders, Inc., Akademyang Filipino Asso., Inc., Museo del Galeon, Inc,. and Unilink Communications Corporation.