Tan grandson, 2 others elected to PNB board

MANILA, Philippines — Lucio “Han” Tan III is taking in more roles in the business empire of his grandfather, tycoon Lucio Tan, after being elected to the board of Philippine National Bank (PNB).

In late 2019, the son of the late Lucio “Bong” Tan Jr. was appointed president and chief operating officer of rum maker Tanduay Distillers Inc.

Han earned his bachelor of science in electrical engineering and master in computer science from Stanford University. He worked as a software engineer at Lyft, a hardware intern at Cisco Systems, as well as software intern at Facebook and Apple, among others.

Aside from the young Tan, Wilfrido Sanchez and Angelito Villanueva were also elected to the PNB board.

Sanchez is a tax counsel at Quiason Makalintal Barot Torres Ibarra Sison & Damaso Law Offices and independent director at JVR Foundation Inc. and on the board of several other companies.

He received his bachelor of arts and bachelor of laws degrees from the Ateneo de Manila University and a masters of law from Yale Law School.

Villanueva is a former director at Metropolitan Bank and Trust Co. (Metrobank) and its thrift bank arm Philippine Savings Bank (PSBank).

Also a former director at Philippine Clearing House Corp. (PCHC), he served as senior executive vice president and head of operations group of Metrobank.

Villanueva obtained his business administration degree from Mapua Institute of Technology.

Completing PNB’s board are chairman Federico Pascual, vice chairman Leonilo Coronel, president and CEO Jose Arnulfo Veloso, Florido Casuela, Edgar Cua, Estelito Mendoza, Sheila Pascual, Carmen Tan, Lucio Tan, Michael Tan, Vivienne Tan and Domingo Yap.