Diversified engineering conglomerate DMCI Holdings, Inc. has elected Roberto L. Panlilio, Bernardo M. Villegas and Cynthia R. del Castillo as independent directors in its Annual Stockholders' Meeting on May 17. They will take the seats of outgoing executive director Herbert M. Consunji and independent directors Antonio Jose U. Periquet and Honorio O. Reyes-Lao, who were all tapped to serve as advisors to the Board. Panlilio is the former Country Chairman for the Philippines of J.P. Morgan, a global leader in financial services. As its Senior Country Officer from 1999 to 2019, he led the management, governance and control of the financial institution's franchise in the country. Villegas is an economist, educator, author, columnist and director in several corporations and foundations. One of the
framers of the 1987 Philippine Constitution, he is a consultant on management development and strategic planning for leading local and regional firms. Del Castillo is a Senior Partner and Executive Board member of Romulo Mabanta Buenaventura Sayoc and De Los Angeles, one of the and oldest firms in the Philippines. She was the youngest and only female dean of the Ateneo de Manila University School of Law, where she served from May 1990 to June 2000. Del Castillo is the first female independent director of DMCI Holdings. Her appointment raises the company's total female board representation to nearly half (4 out of 9).
DMCI Holdings, Inc. is a Philippines-based holding company. The Company is engaged in general construction, coal and power generation, real estate development, water concession, nickel mining and manufacturing. Its five major subsidiaries include D.M. Consunji, Inc. (DMCI), DMCI Project Developers, Inc. (PDI), Semirara Mining and Power Corporation (SMPC), DMCI Power Corporation (DPC) and DMCI Mining Corporation. DMCI is engaged in general construction services, as well as various construction component businesses, such as the production and trading of concrete products and electrical and foundation works. PDIâs core products include residential condominium units with resort-inspired amenities in mid-rise and high-rise developments in Metro Manila and other key areas in Luzon, as well as in Cebu and Davao City. SMPC is engaged in the exploration, mining, development and sales of coal resources on Semirara Island in Caluya, Antique. DPC is engaged in the business of a generation company.
DMCI HOLDINGS, INC. 
