Erramon Aboitiz
Chairman at UNION BANK OF THE PHILIPPINES
Net worth: 71 M $ as of 2024-03-30
Profile
Erramon Isidro Aboitiz is a Philippine businessperson who has been the head of 37 different companies and presently holds the position of Chairman of Union Bank of the Philippines, Chairman of San Fernando Electric Light & Power Co., Inc., Chairman at Manila Oslo Renewable Enterprises, Inc., Chairman of Mactan Enerzone Corp., Chairman of Abovant Holdings, Inc., Chairman at CRH Aboitiz Holdings, Inc., Chairman of Lima Enerzone Corp., Chairman for Aboitiz Infracapital, Inc., President & Chief Executive Officer for Aboitiz Group, Chairman at Subic Enerzone Corp., Chairman at Aboitiz Power Corp., Chairman of Balamban Enerzone Corp., Chairman for AboitizLand, Inc., Chairman for Lima Utilities Corp., Chairman at SN Aboitiz Power-Magat, Inc., Chairman of SN Aboitiz Power-Benguet, Inc., Chairman of Aboitiz Renewables, Inc., Chairman at Aseagas Corp., Chairman for AboitizPower International Pte Ltd. and President, Chief Executive Officer & Director at Aboitiz & Co., Inc. Erramon Isidro Aboitiz is also Chairman at Aboitiz Foundation, Inc. and on the board of 18 other companies. Mr. Aboitiz previously was Chairman for Davao Light & Power Co., Inc., Chairman at Cotabato Light & Power Co., Inc., Chairman at East Asia Utilities Corp., Chairman for Cebu Private Power Corp., Chairman & Chief Executive Officer of Hedcor, Inc., Chairman at Aboitiz Energy Solutions, Inc., Chairman at Therma Marine, Inc., Chairman for Therma Luzon, Inc., Chairman for Therma Mobile, Inc. and Chairman for Therma South, Inc. He received an undergraduate degree from Gonzaga University.
Known holdings in public companies
Company | Date | Number of shares | Valuation | Valuation date |
---|---|---|---|---|
2024-04-21 | 78,075,387 ( 1.39% ) | 65 M $ | 2024-03-30 | |
2024-03-21 | 7,198,796 ( 0.24% ) | 6 M $ | 2024-03-30 |
Erramon Aboitiz active positions
Companies | Position | Start |
---|---|---|
ABOITIZ EQUITY VENTURES, INC. | Director/Board Member | 1993-12-31 |
UNION BANK OF THE PHILIPPINES | Chairman | 1988-10-10 |
STEAG State Power, Inc.
STEAG State Power, Inc. Electric UtilitiesUtilities Part of Aboitiz Equity Ventures, Inc., STEAG State Power, Inc. operates coal thermal power plants. The private company is based in Makati, Philippines. The CEOs are Bodo Goerlich, Dirk Sohns. The Filipino company was founded in 2006. STEAG State Power was acquired by Aboitiz Power Corp. from KSBG Kommunale Beteiligungsgesellschaft GmbH & Co. KG on June 06, 2023 for $0.63 million. | Director/Board Member | 2011-02-06 |
Therma Power, Inc.
Therma Power, Inc. Electric UtilitiesUtilities Therma Power, Inc. operates as a holding company with interest in non-renewable asset generation. The company is headquartered in Cebu, Philippines. | Director/Board Member | - |
Redondo Peninsula Energy, Inc.
Redondo Peninsula Energy, Inc. Electric UtilitiesUtilities Redondo Peninsula Energy, Inc. provides energy products. The private company is based in Olongapo, Philippines. | Director/Board Member | - |
Weather Philippines Foundation
Weather Philippines Foundation Miscellaneous Commercial ServicesCommercial Services Weather Philippines Foundation provides critical and accurate weather forecasting services for charity. | Director/Board Member | - |
Philippine Disaster Resilience Foundation, Inc. | Director/Board Member | - |
Aseagas Corp.
Aseagas Corp. Electric UtilitiesUtilities Aseagas Corp. engages in the provision of renewable energy solutions. It produces green energy utilizing waste that would otherwise be left to pollute the environment. The company is headquartered in Taguig City, the Philippines. | Chairman | 2011-12-31 |
AEV CRH Holdings, Inc.
AEV CRH Holdings, Inc. Construction MaterialsNon-Energy Minerals AEV CRH Holdings, Inc. engages in cement, ready-mix concrete, and aggregates operations. The company is headquartered in Philippines. | Director/Board Member | - |
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Former positions of Erramon Aboitiz
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Training of Erramon Aboitiz
Gonzaga University | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
Listed companies | 4 |
---|---|
UNION BANK OF THE PHILIPPINES | Finance |
ABOITIZ EQUITY VENTURES, INC. | Utilities |
2GO GROUP, INC. | Transportation |
ABOITIZ POWER CORPORATION | Utilities |
Private companies | 51 |
---|---|
Republic Cement & Building Materials, Inc.
Republic Cement & Building Materials, Inc. Construction MaterialsNon-Energy Minerals Republic Cement & Building Materials, Inc. engages in the business of manufacture and distribution of cement products. It manufactures, develops, exploits, and markets cement, marble and all other kinds of building materials. The company was founded on May 3, 1955 and is headquartered in Philippines. | Non-Energy Minerals |
Subic EnerZone Corp.
Subic EnerZone Corp. Electric UtilitiesUtilities Subic Enerzone Corp. provides electricity and energy-related products and distribution services. The company is headquartered in Luzon, Philippines. | Utilities |
Aboitiz & Co., Inc.
Aboitiz & Co., Inc. Financial ConglomeratesFinance Aboitiz & Co., Inc. is an investment holding Filipino company. The private company is based in Cebu, Philippines. The CEOs of the company are Sabin M. Aboitiz, Erramon Isidro Aboitiz. | Finance |
Davao Light & Power Co., Inc.
Davao Light & Power Co., Inc. Electric UtilitiesUtilities Davao Light & Power Co., Inc. provides electric power distribution services. It maintains a standby diesel power plant for stabilizing voltage, as well as augments the power supply of its primary generating sources. The company was founded by Davao in 1929 and is headquartered in Davao, Philippines. | Utilities |
Aboitiz Group
Aboitiz Group Financial ConglomeratesFinance Aboitiz Group is an investment holding Filipino company. The CEO of the private company is Erramon Isidro Aboitiz. | Finance |
Cotabato Light & Power Co.
Cotabato Light & Power Co. Alternative Power GenerationUtilities Cotabato Light & Power Co., Inc. engages in generating and distributing electricity. It maintains a diesel-fed power plant. The company is headquartered in Cebu, Philippines. | Utilities |
Pilmico Foods Corp.
Pilmico Foods Corp. Food: Specialty/CandyConsumer Non-Durables Pilmico Foods Corp. manufactures bakery ingredients. It offers instant and active dry yeast, compress yeast, bread improver, baking powder, wheat germ and wheat flour. The company was founded in 1995 and is headquartered in Cebu City, Philippines. | Consumer Non-Durables |
East Asia Utilities Corp.
East Asia Utilities Corp. Electric UtilitiesUtilities East Asia Utilities Corp. operates power plant. The company is headquartered in Cebu City, Philippines. | Utilities |
Cebu Private Power Corp.
Cebu Private Power Corp. Electric UtilitiesUtilities Part of Aboitiz Equity Ventures, Inc., Cebu Private Power Corp. generates electricity. The private company is based in Pasig, Philippines. | Utilities |
STEAG State Power, Inc.
STEAG State Power, Inc. Electric UtilitiesUtilities Part of Aboitiz Equity Ventures, Inc., STEAG State Power, Inc. operates coal thermal power plants. The private company is based in Makati, Philippines. The CEOs are Bodo Goerlich, Dirk Sohns. The Filipino company was founded in 2006. STEAG State Power was acquired by Aboitiz Power Corp. from KSBG Kommunale Beteiligungsgesellschaft GmbH & Co. KG on June 06, 2023 for $0.63 million. | Utilities |
Balamban Enerzone Corp.
Balamban Enerzone Corp. Electric UtilitiesUtilities Part of Aboitiz Equity Ventures, Inc., Balamban EnerZone Corp. operates a power distribution station. The private company is based in Cebu City, Philippines. Balamban EnerZone was acquired by Aboitiz Power Corp. on March 07, 2008 for $4.39 million. | Utilities |
AboitizLand, Inc.
AboitizLand, Inc. Real Estate DevelopmentFinance Founded in 1994, AboitizLand, Inc. is a real estate developer that operates as a subsidiary of Aboitiz Equity Ventures, Inc. The private company is based in Cebu, Philippines. | Finance |
San Fernando Electric Light & Power Co., Inc.
San Fernando Electric Light & Power Co., Inc. Water UtilitiesUtilities Part of Aboitiz Equity Ventures, Inc., San Fernando Electric Light & Power Co., Inc. provides running water to households. The private company is based in San Fernando, Philippines. | Utilities |
Aboitiz One, Inc.
Aboitiz One, Inc. Air Freight/CouriersTransportation Part of 2GO Group, Inc., Aboitiz One, Inc. is a Filipino company that provides logistics and transportation services. The private company is based in Pasay City, Philippines. | Transportation |
Visayan Electric Co., Inc.
Visayan Electric Co., Inc. Electric UtilitiesUtilities Part of Aboitiz Equity Ventures, Inc., Visayan Electric Co., Inc. is a Filipino company that is involved in the generation and transmission of electricity. The private company is based in Cebu, Philippines. | Utilities |
Southern Philippines Power Corp. | |
Hedcor, Inc.
Hedcor, Inc. Alternative Power GenerationUtilities Part of Aboitiz Equity Ventures, Inc., Hedcor, Inc. engages in generating hydroelectric power. The private company is based in Makati, Philippines. | Utilities |
Lima Utilities Corp.
Lima Utilities Corp. Electric UtilitiesUtilities Part of Aboitiz Equity Ventures, Inc., Lima Utilities Corp. distributes electricity. The private company is based in Makati City, Philippines. Lima Utilities was acquired by Aboitiz Power Corp. from Aboitiz Equity Ventures, Inc. on June 19, 2014 for $30.36 million. | Utilities |
Manila-Oslo Renewable Enterprise, Inc. | |
SN Aboitiz Power-Magat, Inc.
SN Aboitiz Power-Magat, Inc. Electric UtilitiesUtilities SN Aboitiz Power-Magat, Inc. generates and distributes electric power. It operates as a plant that distributes energy through the Wholesale Electricity Spot Market. The comapny also provides ancillary services. SN Aboitiz Power-Magat was established in 2005 and is headquartered in Ramon, Philippines. | Utilities |
Aboitiz Energy Solutions, Inc.
Aboitiz Energy Solutions, Inc. Electric UtilitiesUtilities Aboitiz Energy Solutions, Inc. supplies electricity. It offers infrared thermography, power quality analysis and vibration analysis. The company is headquartered in Makati, Philippines. | Utilities |
City Savings Bank, Inc.
City Savings Bank, Inc. Regional BanksFinance City Savings Bank, Inc. provides banking services. The firm’s products and services include teachers salary loan, pensionado, motorcycle, tawid-tulong, seaman, agency employee and LGU salary loan, regular savings, ATM regular, checking account personal and time deposit rates. The company was founded by Don Ramon Aboitiz and Teotimo Abellana in December 1965 and is headquartered in Cebu, Philippines. | Finance |
Aboitiz Foundation, Inc. | Miscellaneous |
Mactan EnerZone Corp.
Mactan EnerZone Corp. Electric UtilitiesUtilities Part of Aboitiz Equity Ventures, Inc., Mactan EnerZone Corp. generates and distributes electricity and provides utility services. The private company is based in Cebu City, Philippines. | Utilities |
SN Aboitiz Power-Benguet, Inc.
SN Aboitiz Power-Benguet, Inc. Alternative Power GenerationUtilities SN Aboitiz Power-Benguet, Inc. owns and operates the 105-MW Ambuklao Hydroelectric Power Plant and the 140-MW Binga Hydroelectric Power Plant in the province of Benguet. The company is headquartered in Itogon, Philippines. | Utilities |
Pilmico Animal Nutrition Corp.
Pilmico Animal Nutrition Corp. Agricultural Commodities/MillingProcess Industries Part of Aboitiz Equity Ventures, Inc., Pilmico Animal Nutrition Corp. is a large agribusiness and food subsidiary in the Philippines. The private company is based in Tarlac, Philippines. The Filipino company offers high-quality products such as flour, feeds, farms, pet foods, gamefowl, and specialty nutrition. Pilmico Philippines is comprised of four divisions\: first-class flour, feeds, poultry farms, and commodity solutions. With over 2,900 partners across 11 countries, Pilmico represents one of the largest privately-owned agribusinesses in the region. | Process Industries |
Family Business Development Center
Family Business Development Center Miscellaneous Commercial ServicesCommercial Services Family Business Development Center engages in the research on family business, management and collateral fields. It offers family facilitation, corporate engagements, public seminars, research and curriculum development services. The company is headquartered in Quezon City, Philippines. | Commercial Services |
Philippine Disaster Resilience Foundation, Inc. | |
Cebu Energy Development Corp.
Cebu Energy Development Corp. Electric UtilitiesUtilities Cebu Energy Development Corp. owns and operates coal-fired power plants. The private company is based in Cebu, Philippines. | Utilities |
Therma Marine, Inc.
Therma Marine, Inc. Electric UtilitiesUtilities Part of Aboitiz Equity Ventures, Inc., Therma Marine, Inc. operates power barges. The private company is based in Cebu, Philippines. | Utilities |
Therma Power, Inc.
Therma Power, Inc. Electric UtilitiesUtilities Therma Power, Inc. operates as a holding company with interest in non-renewable asset generation. The company is headquartered in Cebu, Philippines. | Utilities |
Aboitiz Renewables, Inc.
Aboitiz Renewables, Inc. Alternative Power GenerationUtilities Aboitiz Renewables, Inc. engages in the operation of power plant. The company is headquartered in Cebu City, Philippines. | Utilities |
Therma Luzon, Inc.
Therma Luzon, Inc. Electric UtilitiesUtilities Part of Aboitiz Equity Ventures, Inc., Therma Luzon, Inc. operates as a coal-fired power plant. The private company is based in Makati, Philippines. | Utilities |
Redondo Peninsula Energy, Inc.
Redondo Peninsula Energy, Inc. Electric UtilitiesUtilities Redondo Peninsula Energy, Inc. provides energy products. The private company is based in Olongapo, Philippines. | Utilities |
Weather Philippines Foundation
Weather Philippines Foundation Miscellaneous Commercial ServicesCommercial Services Weather Philippines Foundation provides critical and accurate weather forecasting services for charity. | Commercial Services |
Therma Mobile, Inc. | |
Therma South, Inc.
Therma South, Inc. Alternative Power GenerationUtilities Part of Aboitiz Equity Ventures, Inc., Therma South, Inc. generates and distributes thermal energy. The private company is based in Cebu, Philippines. | Utilities |
Aseagas Corp.
Aseagas Corp. Electric UtilitiesUtilities Aseagas Corp. engages in the provision of renewable energy solutions. It produces green energy utilizing waste that would otherwise be left to pollute the environment. The company is headquartered in Taguig City, the Philippines. | Utilities |
Archipelago Insurance Pte Ltd.
Archipelago Insurance Pte Ltd. Property/Casualty InsuranceFinance Part of Aboitiz Equity Ventures, Inc., Archipelago Insurance Pte Ltd. provides marine insurance services. | Finance |
AEV CRH Holdings, Inc.
AEV CRH Holdings, Inc. Construction MaterialsNon-Energy Minerals AEV CRH Holdings, Inc. engages in cement, ready-mix concrete, and aggregates operations. The company is headquartered in Philippines. | Non-Energy Minerals |
CRH Aboitiz Holdings, Inc.
CRH Aboitiz Holdings, Inc. Construction MaterialsNon-Energy Minerals CRH Aboitiz Holdings, Inc. is a Filipino company that is involved in cement and ready-mix concrete operations. | Non-Energy Minerals |
Endeavor Philippines | |
AEV International Pte Ltd.
AEV International Pte Ltd. Wholesale DistributorsDistribution Services AEV International Pte Ltd. operates as an investment holding company with interest in the sale of aqua feeds. The company is headquartered in Singapore. | Distribution Services |
Apo Agua Infrastructura Inc.
Apo Agua Infrastructura Inc. Water UtilitiesUtilities Apo Agua Infrastructura Inc. provides bulk water supply arrangement services. The joint venture company is based in Taguig, Philippines. | Utilities |
LiMA EnerZone Corp. | |
AboitizPower International Pte Ltd.
AboitizPower International Pte Ltd. Electric UtilitiesUtilities AboitizPower International Pte Ltd. engages in the business of power generation and distribution. The company is headquartered in Singapore. | Utilities |
Twin Cities Condominium Owner Associates, Inc. | |
Aboitiz InfraCapital, Inc.
Aboitiz InfraCapital, Inc. Data Processing ServicesTechnology Services Part of Aboitiz Equity Ventures, Inc., Aboitiz InfraCapital, Inc. is a Filipino company that offers infrastructure solutions. The private company is based in Kasambagan, Philippines. The company was founded in 2017. The CEO is Cosette V. Canilao. | Technology Services |
AP Renewables, Inc.
AP Renewables, Inc. Alternative Power GenerationUtilities Part of Aboitiz Equity Ventures, Inc., AP Renewables, Inc. generates geothermal electric power. The private company is based in Legaspi, Philippines. The CEO of the Filipino company is Emmanuel V. Rubio. | Utilities |
PETNET, Inc.
PETNET, Inc. Regional BanksFinance PETNET, Inc. operates as an agency that grows the network of Western Union in the Philippines. The company was founded on August 12, 1998 and is headquartered in Makati City, the Philippines. | Finance |
Abovant Holdings, Inc. |
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