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Board of Directors

Business Meeting

John Y. Tiu, Jr. 

Chairman of the Board and Chief Executive Officer

 

Mr. John Y. Tiu, Jr. is concurrently the Chairman of Discovery World Corporation and its subsidiaries, Euro-Pacific Resorts, Inc., Palawan Cove Corporation, Cay Islands Corporation, Sonoran Corporation, Long Beach Property Holdings, Inc., Balay Holdings, Inc., Lucky Cloud 9 Resort, Inc., Discovery Hospitality Corporation, One Davao Townships Corporation, and a Director of True Ally Ventures Limited.

 

He is the Chairman and President of Tera Investments, Inc., JT Perle Corporation, One Cerrada Corporation, One Urdaneta Corporation, Ninety Nine Urdaneta Holdings Corp, One Luscara Corporation, One Legaspi Corporation and One Belmont Corporation. He is also the Director and President of JTKC Equities, Inc., 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. (until October 2021), 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. and JTKC Land, 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.

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Jose C. Parreño, Jr.

Director and President

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Mr. Jun Parreño is concurrently the President of Discovery World Corporation and its subsidiaries, EuroPacific Resorts, Inc., Palawan Cove Corporation, Cay Islands Corporation, Sonoran Corporation, Long Beach Property Holdings, Inc., Balay Holdings, Inc., Lucky Cloud 9 Resort, Inc., One Davao Townships Corporation, Viper Holdings Corp., and a Director of True Ally Ventures Limited. He is the President and Chief Operating Officer (COO) of its hotel management outfit, Discovery Hospitality Corporation and the Chairman of Discovery Fleet Corporation.

 

With over 25 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 “glocal” familiarity and perspective have been instrumental in putting the homegrown 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 to its loyal base, as well as to the new breed of global travelers.

 

Jun is a graduate of the University of the Philippines in Diliman, 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.

 

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Christopher John A.D. Tiu

Executive Director and Assistant Treasurer

 

Mr. Christopher Tiu is concurrently a Director and Assistant Treasurer of Discovery World Corporation and its subsidiaries, Euro-Pacific Resorts, Inc., Palawan Cove Corporation, Cay Islands Corporation, Sonoran Corporation, Long Beach Property Holdings, Inc., Balay Holdings, Inc., Lucky Cloud 9 Resort, Inc., One Davao Townships Corporation and Viper Holdings Corp.; the President and Director of Blue Energy Holdings and Management Corp., BEHMC Lower Labayat Hydropower Corp., BEHMC Upper Tignoan Hydropower Corp.; President and Director of Katharo Water Solutions, Inc.; AVP for Business Development for JTKC Equities Inc.; Director of The Designer Boulanger Philippines Corp., VLink Interactive, Happy Lemon Philippines, Inc., Keorim, Inc. and QBF Asia Pacific, Inc.; Chairman of the Board and President of Discovery Primea Condominium Corporation.

 

He was a Barangay Kagawad and SK Chairman in Barangay Urdaneta, Makati City (2001-2018); Former Professional Athlete (Rain or Shine in the PBA 2012-2018) & Team Captain of the Philippine National Basketball Team (Gilas Pilipinas 2008-2012,2018); Director for Volunteers Program of the PHISGOC (Philippines SEA Games Organizing Committee 2019); 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.

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A. Bayani K. Tan

Director

 

Mr. A. Bayani K. Tan, is a Director of the Corporation since March 2013. He is also the Corporate Secretary of Coal Asia Holdings, Inc. since July 2012 (Publicly-Listed), and a Director of the following reporting companies: Sterling Bank of Asia Inc (A Savings Bank) since December 2006, and Tagaytay Highlands International Golf Club, Inc. since November 1993. He is the Founding Partner of the law offices of Tan Venturanza Valdez, established in 1988. Mr. Tan holds various positions in the following private corporations: Managing Director/ President of Shamrock Development Corporation since May 1988; Chairman of Destiny LendFund, Inc. since June 2020; Director of Pascual Laboratories, Inc. Since March 2014; and Pure Energy Holdings Corporation since October 2016. Mr. Tan also holds various positions in the following nonstock non- profit Corporations: Chairman of WeSolve Foundation, Inc. since July 2021; Chairman of Guimaras Forest Foundation, Inc. since August 2021; Vice-Chairman of St. Scholastica’s College Manila since October 2021; Managing Trustee of the SC Tan Foundation, Inc. since 1986; President of Catarman Chamber Integrated School Foundation, Inc. since August 2012; Trustee and Treasurer of Rebisco Foundation, Inc. since April 2013; Trustee and Corporate Secretary of St. Scholastica’s Hospital, Inc. since February 2011; and Trustee of Reintegration for Care and Wholeness (RCW) Foundation, Inc. since April 2014. He is a member and Corporate Secretary of the Philippine Jesuit Aid Association, Inc. since August 2011. He is the Founding and Senior Partner of the law offices of Tan Venturanza Valdez (established in 1988).

 

Mr. Tan holds a Master of Laws degree from New York University (Class of 1988) and earned his Bachelor of Laws degree from the University of the Philippines (Class of1980) where he was a member of the Order of the Purple Feather (the U.P. College of Law Honor Society). Mr. Tan placed 6th in the Philippine bar examinations in 1981. He has a Bachelor of Arts major in Political Science degree from the San Beda College (Class of 1976) from where he graduated Class Valedictorian and was awarded the medal for Academic Excellence.

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Romualdo C. Macasaet 

Director

 

Mr. Bobby Macasaet is concurrently a Director of Discovery World Corporation. He was the Managing Director of JTKC Land, Inc. (2000-2021); the President of Discovery Primea Condominium Corporation (2013-2021); and the Comptroller of BCD Pinpoint Direct Marketing, Inc. (1996-2000).

 

He served as Treasurer of Discovery World Corporation from 2007 to 2017 and as its Chief Financial Officer from 2007 to 2013. He was also a Consultant of Saranggani Securities (1995-1996). 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 1984 to 1987; General Manager/ Director of Dearfield Products Inc. (1978-1984); Stockbroker of Diamond Securities Corporation (1973-1978); 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

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Ignatius F. Yenko 

Director

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Mr. Iggy Yenko is concurrently a Director of Discovery World Corporation, Sterling Bank of Asia, Inc. (A Savings Bank), and Global Integrated Contact Facilities, Inc.

 

He is likewise a Director and Vice-Chairman of TKC Metal Corp. (formerly TKC Steel). He was previously a Management Consultant for Cyan Management Corporation from July 2003 to December 2008. He served as Vice President at The Chase Manhattan Bank N.A. and as First Vice-President of Philippine Long Distance Telephone Company until his resignation in July 2003.

 

He graduated with honors from the Ateneo de Manila University with a Bachelor of Arts degree in Economics. He holds a Master in Business Management degree from the Asian Institute of Management and was a recipient of the Claude M. Wilson National Scholarship Grant.

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William L. Chua

Director

 

Mr. William L. Chua is concurrently a Director of Discovery World Corporation and Sterling Bank of Asia, Inc. (A Savings Bank).

 

He is currently the Chairman of the Board and CEO/President of Wordtext Systems, Inc., WS Pacific Publications, Inc., WSI Philippines, Inc., and LSI Leading Technologies, Inc., and the Vice Chairman and President of Aikontech Corporation. He is a member of the Board of Directors of the following companies: Nexus Technologies, Inc., Jupiter Systems, Inc., Information Technology Security Distribution, Inc., and Extra Low Voltage Distribution, Inc. He is also a Founding Trustee of the Adolfo S. Suzara Foundation, Inc. and a Director of the Greenhills East Village Association, Inc. (a homeowner association).

 

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

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Elizabeth Ann C. Parpan

Independent Director

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Ms. Elizabeth Ann Chan-Parpan is an Independent Director of Discovery World Corporation. She is likewise serves as a Director and Treasurer of BISCOM, Inc., New Leaf Multimedia Outsourcing, Inc., and Legaspi Towers 200 Condominium, Inc. She is Corporate Secretary of A. Chan Sugar Corporation. In addition, she also acts as a Director and Corporate Secretary of Morning Glow Development Corp. and JEMFA Resources, Inc., Prime Eastern Spring Holdings, Inc. and Chan Toei Properties, Inc. She is a Director of Panay Eye Center, Inc. She is a member of the Board of Trustees of Brent Schools, Inc., Brent International School Manila, Inc., Brent International School Baguio, Inc., and Museo Pambata Foundation, Inc.

 

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

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Melissa Yeung Yap

Independent Director

 

Ms. Melissa Yeung-Yap is an Independent Director of Discovery World Corporation. She is also the Chief Executive Officer of Greenstone Pharmaceutical, Inc. (Katinko) and is likewise a Social Entrepreneur. Her other board memberships include Peace and Equity Holdings, Inc., St. Jude College, and Republican College. She is a visual artist and is an Executive Council Member of the National Commission for Culture and the Arts – National Commission on Art Galleries (NCCA-NCAG).

Ms. Yap holds a Bachelor’s Degree in Development Studies from the Ateneo de Manila University where she is likewise a part-time professor for the Development Studies Program. She obtained her Master’s Degree in Entrepreneurship from the Asian Institute of Management in 2015 and graduated from the Owner/President Management Program at Harvard Business School in 2023.

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