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ICD Achieves Gender Parity in the Boardroom

Updated: 7 days ago

“Inclusion and diversity are at risk in the crisis – but are critical for business recovery, resilience, and reimagination.”

Last 19 June 2020, ICD conducted its Annual General Membership Meeting (AGMM) through Zoom Webinar. The results of the elections paved way to greater heights for ICD by walking the talk of attaining a diverse board and having 50% women directors. A milestone for the Institute that hopefully other companies will embody in navigating unchartered waters. The Trustees of ICD are committed to strengthen the advocacy and ensure the organization’s sustainability:


  1. Mr. Rex C. Drilon II, Chairman

  2. Ms. Sherisa P. Nuesa, Vice-Chair and President

  3. Ms. Ma. Aurora Geotina-Garcia, Treasurer

  4. Atty. Benedicta Du-Baladad (newly elected)

  5. Ms. Maria Victoria C. Españo (newly elected)

  6. Mr. Ricardo Nicanor N. Jacinto

  7. Ms. Tomasa H. Lipana

  8. Atty. Pedro H. Maniego

  9. Mr. Vaughn F. Montes (newly elected)

  10. Mr. Alfredo E. Pascual

  11. Ms. Imelda Ceniza Tiongson

  12. Atty. Cesar L. Villanueva


The Institute’s trustees, management team, members, and other stakeholders also witnessed how the organization stayed connected amidst strategic shifts and crises. Other highlights:


  • Mr. Francis G. Estrada (outgoing ICD Chairman) delivered a speech entitled The Year that Was which encapsulated global events, the new normal and ICD’s role in fulfilling its vision.

  • Mr. Leonard Jose M. Berba (2020 ICD CEO) shared stories of connectedness and purpose achieved in 2019 and presented the current situation of the organization given the pandemic.

  • Induction of Mr. Antonino T. Aquino as ICD Honorary Fellow. Having served with distinction as Chief Executive Officer of both enterprises, Mr. Antonino Aquino is a Non-Executive Director of Ayala Land Inc. and Manila Water Company. He is also an Independent Director of PhilAm Life and General Insurance Company. His work as an outstanding and transformative leader has been widely recognized. He is a recipient of the prestigious Management Association of the Philippines Management Man of the Year for 2009. More importantly, he is widely regarded as a driving force in integrating best corporate governance practice in the companies he has been associated with. 

  • Recognition of ICD’s Program Committees and Governance Partners

  • Recognition of outgoing ICD Trustees - Mr. Francis G. Estrada, Atty. Teodoro Kalaw IV, and Mr. Frank D. Numann, for serving the Institute, contributing to the growth of ICD and being a thought leader locally and globally.



Read the full message from Mr. Rex C. Drilon II, FICD here:

ICD 2019 Message of the Chairmanpdf

Watch the full recording here:



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