New top-level appointments at Insular Life

MANILA, Philippines — The Board of Trustees of Insular Life approved several appointments to its top management post and in the membership of the Board of Trustees, effective Jan. 1.

Nina Aguas was appointed executive chairman of the Board of Trustees.  She was chief executive officer from January 2016 to December 2017. Aguas is, likewise, the chairman of Insular Health Care Inc., and Home Credit Mutual Building & Loan Association, and the Insular Foundation Inc. She is on the board of the Philippine Life Insurance Association.

Luis la Ó, is now the vice chairman after the retirement of Delfin Lazaro. La Ó has been a member of the Board of Trustees since 2015, and has served in various capacities, including Chairman in 2017. He is also a director of Mapfre Insular.

Succeding Aguas as CEO is Mona Lisa de la Cruz, formerly president and chief operating officer. De la Cruz is presently a director of Pilipinas Shell, Mapfre Insular, and of other Insular Life affiliates. She is a homegrown talent and a seasoned life insurance professional across various disciplines within the company.

Meanwhile, the Board also approved the appointment of Justo Ortiz and Gil B. Genio, to replace Delfin Lazaro and Jesus Alfonso Hofilena who both retired recently.

Ortiz is currently the chairman of the Board of Union Bank of the Philippines. He brings with him over 25 years of experience in leading one of the top 10 and multi-awarded banks in the country. It was his vision as chairman and CEO to lead the company to be at the forefront of technology based banking in the Philippines.

Genio is currently the chief technology and information officer and chief strategy officer of Globe Telecom, Inc. He has been leading the overall corporate strategy and business development of the telecom giant since 2010. He is also the CEO of Globe Capital Venture Holdings, and director of Globe Telehealth Inc., among others. He is a managing director of Ayala Corp.