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Board of Trustees

The corporate powers and functions of GSIS are vested in and exercised by the Board of Trustees composed of the President and General Manager and eight other members appointed by the President.

CHIEF JUSTICE LUCAS P. BERSAMIN (RET), Chairman

Age: 71
Date of Appointment: 6 February 2020
Training/Seminar Attended:

  • 2020 – Strategic Planning Seminar Workshop conducted by People Ignite Organizational Development and Training, Inc. on 28-29 July 2020 via videoconference

Retired Chief Justice Lucas P. Bersamin joined the GSIS as a member of the Board of Trustees when he was sworn in by President Duterte on February 6, 2020. He was elected as the Chairman of the Board of Trustees on February 13, 2020, taking his oath of office as such before Secretary of Finance Carlos G. Dominguez.

Chairman Bersamin brings his long judicial experience and legal expertise to his stint as the Chairman of the Board of Trustees of GSIS to complement the recognized professional experience and competence of the other members of the Board of Trustees in their respective fields like business, economics, public education and management.

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ROLANDO L. MACASAET, President and General Manager

Age: 59
Date of Appointment: 28 June 2018
Training/Seminar Attended:

  • 2020 – 7th SEC-PSE Corporate Governance Forum organized by the Securities and Exchange Commission and the Philippine Stock Exchange on 19 November 2020 via Zoom webinar
  • 2020 – Strategic Planning Seminar Workshop conducted by People Ignite Organizational Development and Training, Inc. on 28-29 July 2020 via videoconference
  • 2020 – Private Meetings with Japan’s Public Pension Fund’s Government Pension Investment Fund (GPIF) conducted by Asia Pacific Investors Cooperation, Tokyo, Japan
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PGM ROLANDO LEDESMA MACASAET took the helm of the GSIS Board of Trustees on June 28, 2018. On July 4, 2019, he was designated as Acting President and General Manager (PGM). He is a Director of the Philippine Stock Exchange.

PGM Macasaet is not new to government service. Prior to his current post, Mr. Macasaet also served at the helm of other Government Owned and Controlled Corporations (GOCCs) as Chairman, President and CEO from 1998 to 2005. These GOCCs included the Philippine National Construction Corporation, Skyway Corporation, Dasmarinas Industrial Steel Corporation, and Tierra Factors Corporation.

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Jocelyn De Guzman Cabreza, Trustee

Age: 64
Date of Appointment: 25 October 2016
Training/Seminar Attended:

  • 2020 – Strategic Planning Seminar Workshop conducted by People Ignite Organizational Development and Training, Inc. on 28-29 July 2020 via videoconference
  • 2019 – Strategic Planning Conference conducted by People Ignite Organization Development and Training, Inc., 24-25 October 2019, Coconut Palace, Pasay City
  • 2019 – Investment Briefing conducted by Philippine Stock Exchange, 23 September 2019, GSIS Board Room, Pasay City
  • – MORE –

Trustee JOCELYN DE GUZMAN CABREZA comes to GSIS with impeccable professional credentials. A certified public accountant and a master’s degree holder, Trustee Cabreza was an Executive Vice President of Land Bank of the Philippines before her appointment to the GSIS Board. She was also a former Director of the Land Bank Resources Development Corp. and the Land Bank Countryside Development Foundation.

A seasoned banker, she is equipped with 37 years of extensive experience in various areas of banking and finance, internal audit operations and strategic policy formulation and implementation. She has established a track record of integrity, professionalism and strong work ethic in the corporate world.

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Lt. Gen. Alan R. Luga AFP (Ret), Trustee

Age: 62
Date of Appointment: 16 November 2016
Training/Seminar Attended:

  • 2020 – Strategic Planning Seminar Workshop conducted by People Ignite Organizational Development and Training, Inc. on 28-29 July 2020 via videoconference
  • 2019 – Strategic Planning Conference conducted by People Ignite Organization Development and Training, Inc., 24-25 October 2019, Coconut Palace, Pasay City
  • 2019 – Investment Briefing conducted by Philippine Stock Exchange, 23 September 2019, GSIS Board Room, Pasay City
  • – MORE –

Trustee ALAN R. LUGA (LTGEN, RET., AFP) obtained his Bachelor of Science Degree from the Philippine Military Academy in 1981. In 1994, he acquired his MBA units from the Ateneo De Manila University Graduate School of Business. He completed a Master’s Degree in Military Arts and Science at the US Army Command and General Staff College in 2002.

Trustee Luga is the current President and CEO of AFP General Insurance Corporation. He is also a member of the following insurance organizations: Insurance Institute for Asia and the Pacific, Inc., Philippine Insurers and Reinsurers Association, Philippine Insurers Club, and the Philippine Machinery Management Services Corp.

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Nina Ricci Ynares-Chiongbian, Trustee

Age: 50
Date of Appointment: 9 December 2016
Training/Seminar Attended:

  • 2020 – Strategic Planning Seminar Workshop conducted by People Ignite Organizational Development and Training, Inc. on 28-29 July 2020 via videoconference
  • 2019 – Strategic Planning Conference conducted by People Ignite Organization Development and Training, Inc., 24-25 October 2019, Coconut Palace, Pasay City
  • 2019 – Investment Briefing conducted by Philippine Stock Exchange, 23 September 2019, GSIS Board Room, Pasay City
  • – MORE –

Trustee NINA RICCI YNARES-CHIONGBIAN obtained her degree in Business Management from De La Salle University in 1993. She also attended law school at San Beda College of Law from 1993 to 1996.

After graduating from college, she began her career in the real estate industry. She also has a passion for food which led her to culinary classes, locally and abroad, namely at the Lorenzo de Medici Université in Florence, Italy in 2001 and at the Le Cordon Bleu in Florence, Italy. She is also an undergraduate at the Philippine School of Interior Design.

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Wilfredo C. Maldia, Trustee

Age: 72
Date of Appointment: 9 December 2016
Training/Seminar Attended:

  • 2020 – Strategic Planning Seminar Workshop conducted by People Ignite Organizational Development and Training, Inc. on 28-29 July 2020 via videoconference
  • 2019 – Strategic Planning Conference conducted by People Ignite Organization Development and Training, Inc., 24-25 October 2019, Coconut Palace, Pasay City
  • 2019 – Investment Briefing conducted by Philippine Stock Exchange, 23 September 2019, GSIS Board Room, Pasay City
  • – MORE –

Trustee WILFREDO C. MALDIA graduated with a Bachelor of Science degree in Agriculture, major in Agricultural Economics from the University of the Philippines Los Baños, Laguna in 1969. In 1979, he also completed his Bachelor’s degree in Commerce major in Accounting from the Polytechnic University of the Philippines, and immediately obtained his license as a Certified Public Accountant (CPA). He earned his Master’s degree in Business Administration from the Philippine Christian University in 1984.

Currently, Trustee Maldia holds various directorship positions in the private sector. He sits as an independent director in the Board of the First Valley Development Bank and as member of the Board of ROTECO, Yamang Lupa’t Dagat Corporation, and CEAM Corporation.

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Anthony B. Sasin, Trustee

Age: 80
Date of Appointment: 9 December 2016
Training/Seminar Attended:

  • 2020 – Strategic Planning Seminar Workshop conducted by People Ignite Organizational Development and Training, Inc. on 28-29 July 2020 via videoconference
  • 2019 – Strategic Planning Conference conducted by People Ignite Organization Development and Training, Inc., 24-25 October 2019, Coconut Palace, Pasay City
  • 2019 – Investment Briefing conducted by Philippine Stock Exchange, 23 September 2019, GSIS Board Room, Pasay City
  • – MORE –

Trustee ANTHONY B. SASIN graduated with a degree in Bachelor of Science in Business Administration – Major in Management, from the Ateneo de Davao University.

Prior to his appointment, he served as Undersecretary for the Office of the Presidential Adviser for New Government (2007-2008); as Presidential Assistant for Regional Concerns (Southern Mindanao); and as Barangay Captain of Barangay 3A, Davao City (1971-1972).

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Dr. Kahar H. Macasayon, Al-Hadj, CESO V, Trustee

Age: 67
Date of Appointment: 27 October 2017
Training/Seminar Attended:

  • 2020 – Strategic Planning Seminar Workshop conducted by People Ignite Organizational Development and Training, Inc. on 28-29 July 2020 via videoconference
  • 2020 – ASEAN Pension Funds and Social Security Systems Summit conducted by Asia Pacific Investors Cooperation, 18-19 November 2019, Jakarta, Indonesia
  • 2019 – Strategic Planning Conference conducted by People Ignite Organization Development and Training, Inc., 24-25 October 2019, Coconut Palace, Pasay City
  • – MORE –

Dr. Kahar H. Macasayon, Al-Hadj, has been the national president of the Philippine Public School Teachers Association (PPSTA) since 2013. He is also the schools division superintendent of Department of Education-City Schools Division of Koronadal City, Region XII.

He was the president of the Region XII Public School Teachers and Employees Association from 2012 to 2015.

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Atty. Carlo Antonio B. Almirante, Trustee

Age: 45
Date of Appointment: 13 February 2018
Training/Seminar Attended:

  • 2020 – Strategic Planning Seminar Workshop conducted by People Ignite Organizational Development and Training, Inc. on 28-29 July 2020 via videoconference
  • 2019 – Strategic Planning Conference conducted by People Ignite Organization Development and Training, Inc., 24-25 October 2019, Coconut Palace, Pasay City
  • 2019 – Investment Briefing conducted by Philippine Stock Exchange, 23 September 2019, GSIS Board Room, Pasay City
  • – MORE –

Trustee CARLO ANTONIO B. ALMIRANTE represents the legal sector in the GSIS Board of Trustees and serves as Chairperson of the Legal Oversight Committee. He has a solid background in the academe as well as in the legal profession. He is the current Dean of the Liceo de Cagayan University’s College of Law. Prior to this, he held the position of Associate Dean in March 2013. He teaches Political Law Review, Administrative Law, Election Law and Statutory Construction in the same institution.

He is also a practicing lawyer, having served as managing partner of Almirante, Ladera and Associates in Cagayan de Oro City and as former associate of Kapunan, Tamano, Javier and Associates.

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Chairman
Chief Justice
Lucas P. Bersamin (Ret)

Chairman
Age: 71
Date of Appointment:
6 February 2020
PGM
Rolando L. Macasaet
PGM
Age: 59
Date of Appointment:
28 June 2018
Trustee Cabreza
Jocelyn De Guzman Cabreza
Trustee
Age: 64
Date of Appointment:
25 October 2016
Trustee Luga
Lt. Gen. Alan R. Luga AFP (Ret)
Trustee
Age: 62
Date of Appointment:
16 November 2016
Trustee Chiongbian
Nina Ricci Ynares-Chiongbian
Trustee
Age: 50
Date of Appointment:
9 December 2016

Trustee Maldia
Wilfredo C. Maldia
Trustee
Age: 72
Date of Appointment:
9 December 2016
Trustee Sasin
Anthony B. Sasin
Trustee
Age: 80
Date of Appointment:
9 December 2016
Trustee Macasayon
Dr. Kahar H. Macasayon, Al-Hadj, CESO V
Trustee
Age: 67
Date of Appointment:
26 October 2017
Trustee Almirante
Atty. Carlo Antonio B. Almirante
Trustee
Age: 45
Date of Appointment:
13 February 2018

2020 Accomplishment Report


2019 Accomplishment Report