Our Leaders

Alfredo L. Henares, Filipino, 70 years old, has been a Director of the Parent Company since 1994. On May 30, 2014, he was elected as Chairman and continues to serve as Chairman up to the present. He is also currently Chairman of the Parent Company’s Executive Committee, a member of the Parent Company’s Audit Committee, a Director of KEPCO SPC Power Corporation, and a member of the Executive Committee of KEPCO SPC Power Corporation. He was Executive Vice President and CFO of KEPCO SPC Power Corporation up to April 7, 2022; previously a Treasurer of the Parent Company and Mactan Electric Company, Inc. (MECO); On August 14, 2020, he was reelected in MECO as a Director and elected as Chairman of MECO’s Audit Committee, Compliance and Related Party Transactions Committee, and Executive Committee.

He is likewise the Treasurer and Director of the following corporations:

• Salcon Philippines, Inc.
• Salcon International, Inc.
• SPC Property and Development Corp.
• SPEC Properties, Inc.
• Western Panay Hydropower Corp.
• SPC Electric Co., Inc.
• and SPC Light Co., Inc.

He was a Director of Bohol Light Company, Inc. (BLCI) and Bohol Water Utilities, Inc. (BWUI) for about seven years prior to his appointment as Chairman of both companies effective May 2007. In the year 2015, he relinquished his Chairman position to Mr. Lim Chan Lok and went back to being a Director at BWUI. He is also the Chairman of SPC Island Power Corporation, SPC Malaya Power Corporation, and KV Holdings, Inc.; President of Progressive Broadcasting Corp.; a Director of Isarog Pulp and Paper Co. He graduated from Harvard Graduate School with an MBA degree and from the Ateneo de Manila University with a Bachelor’s Degree in Business Management.

Dennis T. Villareal, Filipino, 81 years old, is the Founding President, Chief Executive Officer and a Director of the Parent Company. He is also currently a member of the Parent Company’s Executive Committee and Corporate Governance Committee; Director and Vice Chairman of KEPCO SPC Power Corporation; and member of the Executive Committee of KEPCO SPC Power Corporation. He was previously the President of Mactan Electric Company, Inc. (MECO). On August 14, 2020, he was reelected in MECO as a Director and elected as Chairman of MECO’s Nomination Committee and a member of MECO’s Executive Committee.

He is likewise the President and a Director of the following corporations:

• Salcon Philippines, Inc.
• Salcon International, Inc.
• SPC Island Power Corp.
• SPC Property and Development Corp.
• SPEC Properties, Inc.
• Bohol Light Co., Inc.
• Bohol Water Utilities Inc.
• Western Panay Hydropower Corp.
• SPC Electric Co., Inc.
• Rayfield Holdings, Inc.
• SPC Light Co., Inc.
• SPC Malaya Power Corporation
• KV Holdings, Inc.
• Filipinas Palmoil Processing Inc.
• Filipinas Palmoil Plantations, Inc.
• Filipinas Palmoil Properties, Inc.
• Isarog Pulp and Paper Co., Inc.
• Dentrade, Inc.
• JAD Holdings, Inc.
• and Intrepid Holdings, Inc.

In addition, he is the Vice-President and a Director of Dowell Packaging Corp.; Rowell Industrial Corp.; and Rowell Plastic Corp. He graduated from the University of Missouri with a Bachelor of Science Degree in Business Administration.

James Roy N. Villareal, Filipino, 35 years old, was elected to the Parent Company’s Board on November 4, 2021. He first joined the Parent Company as Assistant Vice President on November 28, 2018; Vice President on May 30, 2019 until he was appointed Executive Vice President on November 30, 2023, and continues to serve as such up to the present. On April 8, 2022, he was nominated and elected as Vice President of KEPCO SPC Power Corporation. On August 9, 2022, he was elected as Vice President of Bohol Water Utilities, Inc. He was connected with Seawood Resources, Inc. as a Senior Analyst from March 2014 to March 2018. He was an intern at Ernst & Young, LLP, Assurance Services Department in Beijing, China; One Bank Talent Development Program of Credit Suisse AG in Hongkong; and Bank of Singapore Finance Department in Singapore. He was also a Management Trainee with Asian Agri Group in Sumatra, Indonesia from September 2012 to December 2012; and a Cadet Assistant Manager with Samling Plantation Group, Sdn Bhd in Sarawak, Malaysia from February 2013 to August 2013. He graduated from International School Manila with an International Baccalaureate (IB) Diploma in May 2008 and from the University of Illinois at Urbana-Champaign with a degree of Bachelor of Science in Finance, Class of 2012