Joel A. Bañares
Position: Director and Treasurer
Joel A. Bañares, Filipino, 60, was appointed Treasurer of A Brown Company Inc. on May 4, 2017 and elected as Director on October 25, 2017.
He is currently a financial advisor to various power and infrastructure-related projects. His previous corporate finance experiences included serving as Chief Financial Officer of the National Grid Corporation of the Philippines (2009-2010) and of the National Steel Corp. (1996-1997). He was an independent director of publicly-listed Marcventures Holdings Corp. (2010-2013). He started off his career in the field of finance as a banker at the Philippine National Bank where he worked for six years (1983-1989) and rose to the position of Vice President. He became president of two stock brokerage firms, First Peninsula Securities Corp. and Wincorp Securities Corp., during the ‘90s. He had a stint in government as Undersecretary of Finance, in charge of International Finance and Privatization from 1998 to 2001. He has no directorship in other publicly- listed companies.
Mr. Bañares obtained his MBA from the Wharton School of the University of Pennsylvania and his B.S. in Business Economics from the University of the Philippines, Diliman. He is a Fellow of the Institute of Corporate Directors.