Board of Directors

John Y. Tiu Jr.
Chairman of the Board and Chief Executive Officer

Mr. John Y. Tiu, Jr. is concurrently the Chairman of DWC’s subsidiaries, Euro-Pacific Resorts, Inc., Palawan Cove Corporation, Cay Islands Corporation, Sonoran Corporation, Long Beach Property Holdings, Inc., Balay Holdings, Inc., Lucky Cloud 9 Resorts, Inc., and Discovery Hospitality Corporation.

He is Chairman and President of Tera Investments, Inc., JT Perle Corporation, One Cerrada Corporation, One Urdaneta Corporation, Ninety-Nine Urdaneta Holdings Corp, One Luscara Corporation and One Legaspi Corporation. He is also the Director and President of The Discovery Leisure Co Inc. and Discovery Country Suites, Inc.

He is a member of the Board of Directors of Sterling Bank of Asia, Inc. (A Savings Bank), I-Remit Inc., Oakridge Properties, Inc., Sagesoft Solutions, Inc., Evergreen Manufacturing Corporation and Lunch Bucks Gourmet, Inc. He is a Director and Executive Vice President of Aldex Realty Corporation. He is a Director and First Vice President of JTKC Leisure Holdings Corporation (formerly JTKC Realty Corporation). He is a Director and Treasurer of Star Equities, Inc., JTKC Land, Inc., and JTKC Equities, Inc.

He previously held positions as Director and Treasurer of Touch Solutions, Inc. (2001-2013), Director and President of Fidelity Securities, Inc. (2000-2017), and Director of Enderun Colleges (2005-2017).

He holds a Bachelor of Science degree in Electrical Engineering Minor in Mathematics from the University of Washington in Seattle, Washington, USA.

Jose C. Parreño, Jr.
Director and President

Mr. Jun Parreño is concurrently the President of Discovery World Corporation and the President and Chief Operating Officer (COO) of its hotel management outfit, Discovery Hospitality Corporation.

With over 20 years of experience in the management and operation of premier hotels, serviced residences, and award-winning resorts, and having worked with hotel chains such as Mandarin Oriental Manila and Pan Pacific Hotel, Jun’s “glo-cal” familiarity and perspective have been instrumental in putting the home-grown Filipino brand of Discovery in the global hospitality map. He continues to lead the trailblazing expansion of Discovery World Corporation, developing hotel and resort brands that resonate with its loyal base, as well as a new breed of global travelers.

Mr. Parreño is a graduate of the University of the Philippines, where he earned his Bachelor’s Degree major in Economics. He has taken a general manager course in the Cornell-Nanyang Institute of Hospitality Management and in the Asian Institute of Management.

Christopher John A.D. Tiu

Mr. Christopher Tiu is concurrently a Director of Discovery World Corporation; the President and Director of Blue Energy Holdings and Management Corp.; AVP for Business Development for JTKC Equities Inc.; Director of The Designer Boulanger Philippines Corp., VLink Interactive, Happy Lemon Philippines, Inc. and Pure Meridian Hydropower Corp., Keorim, Inc. and QBF Asia Pacific, Inc.

He was a Barangay Kagawad and SK Chairman in Barangay Urdaneta, Makati City (2001-2018); Professional Athlete & National Team Member (Rain or Shine Team 2012-2018 & Gilas Pilipinas 2008-2012, 2018); currently a TV Host for GMA7 (i-Bilib) and President and Founder of Charis Leadership, Research and Scholarship Foundation.

He holds Bachelor of Science degree in Management Engineering, minor in Chinese studies from the Ateneo de Manila University.

A. Bayani K. Tan

Mr. A. Bayani K. Tan is a Director of the Corporation. He also acts as Director or Corporate Secretary, or both, of the Belle Corporation, Coal Asia Holdings, Inc., I-Remit, Inc., Pacific Online Systems Corporation, Premium Leisure Corporation, Sterling Bank of Asia, Inc., TKC Metals Corporation, Tagaytay Highlands International Golf Club, Inc., Tagaytay Midlands Golf Club, Inc., The Country Club at Tagaytay Highlands, Inc., and The Spa and Lodge at Tagaytay Highlands, Inc.

He is concurrently the Managing Partner of the law offices of Tan Venturanza Valdez, Managing Director and President of Shamrock Development Corporation, President of Catarman Chamber Elementary School Foundation, Inc., Managing Trustee of SCTan Foundation, Inc., Trustee and Treasurer of Rebisco Foundation, Inc., Trustee and Corporate Secretary of St. Scholastica’s Hospital, Inc. and Trustee of St. Scholastica’s College. In addition, Atty. Tan is the Director of Destiny LendFund, Inc., Pascual Laboratories, Inc., and Pure Energy Holdings Corporation.

Atty. Tan holds a Master of Laws Degree from New York University and a Bachelor of Laws Degree from the University of the Philippines where he was a member of the Order of the Purple Feather, the official honor society of the U.P. College of Law, and ranked ninth in his class. Atty. Tan passed the bar examinations in 1981 where he placed sixth. He has a Bachelor of Arts major in Political Science Degree from San Beda College where he graduated class valedictorian and was awarded the medal for Academic Excellence.

Lamberto R. Villena

Atty. Lamberto Villena is concurrently a Director of Discovery World Corporation and Director of Sterling Bank of Asia, Inc. (A Savings Bank) (December 2006 to present). He was previously the Sterling Bank’s President, Chief Executive Officer and Director (December 2006 to June 2015); a consultant to JTKC Equities, Inc. (August to December 2006); Executive Vice President and Head of the Commercial Banking Group, (July 2004-July 2005), Senior Vice President and Head of Corporate Banking Segment(Oct 1993 - July 2004), First Vice President and Head of Consumer Banking Group (Nov 1992- Oct 1993), and Head of Treasury (March 1988 - Oct 1992) of Rizal Commercial Banking Corporation. He was also previously a director of Pacific Plans, Inc. (December 2006 to October 2008); Vitarich Philippines (2000-2002); Philippine Electric Corporation (1986-1988, 1994-1996); and Philippine Pacific Capital Corporation (now RCBC Capital,1986-1988).

Atty. Villena holds a Bachelor of Laws Degree from the University of the Philippines and is a member of the Integrated Bar of the Philippines. He also holds a Master’s Degree in Business Administration from the same university and a Bachelor of Arts, major in Philosophy, and Master of Arts, major in Educational Administration (candidate) from the Ateneo de Manila University.

Romualdo C. Macasaet

Mr. Bobby Macasaet is concurrently a Director of Discovery World Corporation; the Managing Director and a stockholder of JTKC Land, Inc. (since 2000); a Consultant of Diamond Securities (since 1995); and the Comptroller of BCD Pinpoint Direct Marketing, Inc. (since 1996).

He served as Treasurer of Discovery World Corporation from 2007 to 2017 and as its Chief Financial Officer from 2007 to 2013. Prior to his shift into farming in the year 1995, he was previously Assistant General Manager/ Comptroller of People’s Independent Media, Inc. (Malaya) (1991-1995); Assistant to Treasurer and Credit Collection Manager of Philippine Journalists, Inc. (1987-1991); Agribusiness entrepreneur in 1983 to 1987; General Manager/ Director of Dearfield Products Inc. (1979-1983); Stockbroker of Diamond Sec Corp (1973-1979); Assistant Vice President and Comptroller of San Antonio Development Corp and affiliates (1970-1973); Vice President for Finance of Francisco de Asis and Co., Inc. (1969-1970); Assistant Accountant of Private Development Corp of the Philippines (1966- 1969); Assistant Manager for Loans, Senior Credit Investigator & Appraiser of Bank of Asia (1963- 1966); Assistant Collection Manager of Industrial Finance Corp (1962-1963).

He holds a Bachelor of Science degree in Commerce from the De La Salle College and a Bachelor of Science degree in Architecture from the University of Santo Tomas. He is a Registered Architect and is a Certified Public Accountant.

William L. Chua
Independent Director

Mr. William L. Chua is concurrently a Director of Discovery World Corporation and Independent Director of the Sterling Bank of Asia, Inc. (A Savings Bank). He is currently the Chairman of the Board, President, and CEO of WSI Philippines, Inc., LSI Leading Technologies, Inc., and Leadtech Systems, Inc. He is the CEO and President of WS Pacific Publications, Inc.

He is Chairman of Philmont Academic Solutions, Inc. and Vice Chairman of Wordtext Systems, Inc., and WSI Freeport Corporation. He is a Director in the following corporations: Extra Low Voltage Distributions, Inc., Information Technology Security Distribution, Inc., Aikontech Corporation, Jupiter Systems, WSI Technologies Corp., and Nexus Technologies, Inc.

He is a Founding Trustee of Adolfo S. Suzara Foundation, Inc.

Mr. Chua holds a Master’s Degree in Business Administration from the Santa Clara University and a Bachelor of Science Degree in Industrial Engineering from California State University in San Jose, CA.

Elizabeth Ann C. Parpan
Independent Director

Ms. Liza Chan-Parpan is a Director and Treasurer of BISCOM, Inc., and New Leaf Multimedia Outsourcing, Inc. She is the Corporate Secretary of A. Chan Sugar Corporation. In addition, she also is a Director and Corporate Secretary of Morning Glow Development Corp. and JEMFA Resources, Inc.. She is a Director of Panay Eye Center, Inc., Therapeu-Tech, Inc., and Legaspi Towers 200 Condominium, Inc. She is a member of the Board of Trustees of Brent International School, Inc. Brent International School Manila, Inc. and Brent International School Baguio, Inc.

She was previously the Corporate Secretary (2011-2012), Director (2010-2012), and Assistant Manager (2008-2012) of Central Azucarera de Bais, Inc. and Executive Vice President of Hotel Enterprises of the Philippines, Inc. (1995-2009).

She was the valedictorian of the Hospitality Administration Program of the Centre International De Glion en Gruyere (Glion Hotel School) in 1994. She holds a Bachelor of Science degree in Management Honors, cum laude, from the Ateneo De Manila University.

Eric S. Yu
Independent Director

Mr. Eric Yu, is an Independent Director of Discovery World Corporation. He is the President and CEO of Cellprime Distribution Corporation; a Board Member and Learning Officer of Young Presidents Organization; and a Board Member of Nine Bowls Alliance Food Corporation.

He was previously a Business Development Adviser of Estore Exchange, Inc. (2000-2006) and Authorize.Net Inc. (2001-2003); the Chairman of Marketline Corporation (1997-2005); the Forum Officer and Finance Officer of Young Presidents Organization; a member of the Board of Premier City Club (1998-2001) and Secure Payments Networks (1992-2002).

Mr. Yu holds a Bachelor of Arts degree in Economics from the University of British Columbia.