Cirilo P. Noel has been an Independent Director of the Company since August 12, 2020. He was appointed Lead Independent Director on May 10, 2024.

Mr. Noel is the Chairman of Palm Concepcion Power Corporation, Juxtapose Ergo Consultus, Inc., and Cofiar Land Corporation. He is a Director and Vice Chairman of Security Bank Corporation. He is also a Director of Globe Telecom, Inc., San Miguel Foods and Beverage, Inc., and First Philippine Holdings Corporation. He is a Director of St. Luke's Medical Center-Global City and a Trustee of St. Luke's Medical Center-Quezon City, St. Luke's Medical Center College of Medicine, and St. Luke’s Medical Center Foundation, Inc.

Mr. Noel was Chairman and Managing Partner of SyCip Gorres Velayo & Co., the Philippines' largest multidisciplinary professional services firm and a member firm of EY, until his retirement in 2017. At various times, he was a member of the EY Global Advisory Council, Presiding Partner of the EY Asia Pacific Council, EY ASEAN Tax Head, and EY Far East Area Tax Leader.

Mr. Noel is a certified public accountant (CPA) and a lawyer with expertise in international tax, tax advisory and planning, tax advocacy, litigation, investment, and trade laws. He earned bachelor's degrees in business administration from the University of the East and in law from the Ateneo Law School. He also obtained a Master of Laws from Harvard Law School and is a Harvard International Tax Program fellow. He also completed the Program Management Development Program of the Asian Institute of Management. He was recognized by the Professional Regulation Commission during the 2019 Outstanding Professionals of the Year awards as Outstanding CPA for his distinguished contributions in the fields of accountancy, tax, and law.

He is a member of the Makati Business Club, the Harvard Law School Association of the Philippines, and the Harvard Club of the Philippines.