Board of Directors
Lucio L. Co
Chairman of the Board
64, Filipino, Chairman of the Board
Mr. Co has served as Director of the Company
Mr. Co currently holds the following positions
in other publicly-listed companies: Chairman of
Puregold Price Club, Inc. and Da Vinci Capital
Holdings, Inc., and Director of Philippine Bank of
Mr. Co is also the Chairman of the following
privately-owned companies: Bellagio Holdings,
Inc., Invescap Incorporated, P.G. Holdings, Inc.,
Puregold Duty Free (Subic), Inc., Puregold Duty
Free, Inc., Puregold Finance, Inc., Puregold
Properties, Inc., Puregold Realty Leasing &
Management, Inc., San Jose City I Power Corp.,
Union Energy Corporation, and Union Equities, Inc.
He is also a Director of the following privately-owned
companies: Tower 6789 Corporation, Catuiran
Hydropower Corporation, Karayan Hydropower
Corporation, LCCK & Sons Realty Corporation,
League One Finance and Leasing Corporation,
and PPCI Subic, Inc.
He is a member of the Board of Trustees of Adamson
University and Luis Co Chi Kiat Foundation, Inc.
Mr. Co has been an entrepreneur for the past 40 years.
Leonardo B. Dayao
75, Filipino, President
Mr. Dayao has served as Director of the Company
since October 1997.
Mr. Dayao currently holds the following positions
in publicly-listed companies: Director of Puregold
Price Club, Inc. and Vice-Chairman of the Philippine
Bank of Communications.
He also holds the following positions in private
companies: Chairman of Catuiran Hydropower
Corporation, League One Finance and Leasing
Corporation, PSMT Philippines, Inc.; President
of Puregold Duty Free (Subic), Inc., Puregold
Finance, Inc., San Jose City I Power Corp., Union
Energy Corporation; Vice-President of Alerce
Holdings Corp., Bellagio Holdings, Inc., KMC
Realty Corporation, Puregold Properties, Inc.,
Union Equities, Inc.; and Director of Karayan
Hydropower Corporation, and Puregold Realty
Leasing & Management, Inc.
He received a Bachelor of Science Degree in
Commerce from the Far Eastern University. He is
a Certified Public Accountant and has completed
Basic Management Program at Asian Institute
of Management and earned units in MBA from
University of the Philippines-Cebu.
Susan P. Co
61, Filipino, Vice-Chairman
Mrs. Co has served as Director of the Company
since June 2013.
Mrs. Co currently holds the following positions in
other publicly-listed companies: Vice-Chairman of
Puregold Price Club, Inc. and Director of Philippine
Bank of Communications.
She is currently the Chairman of Tower 6789
Corporation and Director of the following private
companies: Bellagio Holdings, Inc., Blue Ocean
Holdings, Inc., KMC Realty Corp., Luis Co Chi Kiat
Foundation, Inc., P.G. Holdings, Inc., PPCI Subic
Duty Free, Inc., Puregold Properties, Inc., Puregold
Realty Leasing & Management, Inc., San Jose
City I Power Corp., Union Energy Corporation and
Union Equities, Inc.
Mrs. Co received a Bachelor of Science Degree
in Commerce from the University of Santo Tomas.
Roberto Juanchito T. Dispo
55, Filipino, Director
Mr. Dispo has served as Director of the Company
since in June 2017.
He is concurrently the Vice-Chairman and
President of Cirtek Holdings Phils. Corporation,
another publicly-listed company.
Mr. Dispo is a seasoned investment banker
with extensive experience in capital raising,
investments, strategic acquisition, and asset
management. He was the former President of
Money Market Association of the Philippines
and is currently the Chairman of Capital Markets
Development Committee of FINEX. He also held
positions in various Government offices including
Department of National Defense, Department of
Trade and Industry and Department of Finance.
Mr. Dispo holds a degree of Bachelor of Science in
Economics and Business Management from San
Sebastian College and Pamantasan ng Lungsod ng
Maynila, respectively. He also completed Masters
in Business Administration from Pamantasan ng
Lungsod ng Maynila and Masters in Business
Economics from the University of the Asia and the
He also completed Management Development
Program from Asian Institute of Management and
a diploma course in International Banking and
Finance from the Economic Institute, University of
Levi B. Labra
61, Filipino, Director
Mr. Labra has served as Director of the Company
since in June 2013.
He is a graduate of the University of San Carlos,
major in Business Administration (Cum Laude).
He worked for Procter and Gamble Philippines
for 35 years in Sales, Forecasting, Supply Chain,
Trade Marketing and Organization Development.
Inc., Puregold Duty Free (Subic), Inc., Puregold
He was the Sales Head and a member of the
management committee for 20 years and Regional
Sales Manager for three years building the sales
organization and systems for India, Indonesia,
Malaysia, Singapore, South Korea and Thailand.
Currently, a director of Cosco Capital, Inc., he
is also engaged in strategy and operations
development with various companies in the field of
retail, consumer goods, micro-insurance, telecom
and Agri product distributorships.
Robert Y. Cokeng
68, Filipino, Independent Director
Mr. Cokeng has served as Independent Director of
the Company since June 2013.
He also serves as a director and/or officer in the
following companies: Chairman, President and
CEO of F&J Prince Holdings Corporation (publicly-listed
Company); President and CEO of Magellan
Capital Holdings, Corp.; President and CEO of
Magellan Utilities Dev?t. Corp.; Chairman, President
and CEO of Consolidated Tobacco Industries of the
Phils.; Chairman and President of Center Industrial
and Investment, Inc.; Chairman of Pointwest
Technologies Corp. and Pointwest Innovations
Corp.; Chairman-Exec. Committee of Business
Process Outsourcing International; Chairman of
IPADS Developers, Inc. He was also the Senior
Investment Officer and Philippine Country Officer
of International Finance Corporation (World
Bank Group) from 1976 to 1986. He worked on
investments in East Asia from Washington D.C.
Headquarters and from Regional Mission for East
Asia located in Manila.
He graduated Magna Cum Laude in Ateneo de
Manila University with degree of Bachelor of Arts
Economics Honors Program. He also earned his
Master in Business Administration in Harvard
University with High Distinction and elected a
Oscar S. Reyes
73, Filipino, Independent Director
Mr. Reyes has served as Independent Director of
the Company since July 2009.
Mr. Reyes is a member of the Advisory Board of
the Philippine Long Distance Telephone Company
(PLDT), Advisory Council of Bank of the Philippine
Islands and of the Board of Directors of Manila
Electric Company where he also holds the position of
President and Chief Executive Officer, Manila Water
Co., PLDT Communications and Energy Ventures
Inc., Basic Energy Corporation, Sun Life Financial
Phils., Inc., Sun Life Prosperity Funds, Grepa Life Funds,
Clark Electric Distribution Corp., Republic Surety &
Insurance Co., Inc., and PXP Energy Corp., among
other firms. He is the Chairman of Pepsi Cola Products
Philippines, Inc., Meralco Industrial Engineering
Services Corporation (MIESCOR), CIS Bayad Center
Inc., Meralco Energy, Inc. (MEI), Atimonan One
Energy Inc., Redondo Peninsula Energy, Inc., Pacific
Light Pte. Ltd., MSpectrum, Inc. and MRail Inc., and
Vice Chair of Meralco PowerGen Corporation.
He is a member of the Board of Trustees of Pilipinas
Shell Foundation Inc., One Meralco Foundation, SGV
Foundation and El Nido Foundation. He served as
Country Chairman of Shell Companies in the Philippines,
President of Pilipinas Shell Petroleum Corporation and
Managing Director of Shell Philippines Exploration B.V.
Mr. Reyes completed his Bachelor of Arts Major in
Economics, Cum Laude, from the Ateneo de Manila
University in 1965 and Master of Business Administration
(academic units completed) from the Ateneo Graduate
School of Business Administration in 1971; Program
for Management Development from the Harvard
Business School, Boston, in 1976; and Commercial
Management Study Program at the Lensbury Centre,
Shell International Petroleum Co., United Kingdom. He
also took up Business Management Consultants and
Trainers Program at the Japan Productivity Center/
Asian Productivity Organization, Tokyo, in 1968;
and International Management Development Program
leading to (1) Diploma in Business Administration and
(2) Certificate in Export Promotion at the Waterloo
University, Ontario, Canada in 1969.
Atty. Bienvenido E. Laguesma
68, Filipino, Independent Director
Atty. Laguesma served the Philippine Government
for 25 years holding various positions including
that of Secretary of the Department of Labor and
Employment and Presidential Assistant at the
Office of the President of the Philippines.
He has been in the private practice of law for 15
years now being a Senior Partner at Laguesma
Magsalin Consulta and Gastardo Law offices,
former Director of First Metro Investment
Corporation, former Commissioner of the Social
Security System, Member of the Board of Regents
of the Pamantasan ng Lungsod ng Maynila, and
Member of the Integrated Bar of the Philippines
and the Philippine Bar Association.
He served as Chairman of Charter Ping An
Insurance Corporation from 2009 to 2016 and
currently its Vice-Chairman.
Atty. Laguesma graduated from the Ateneo De
Manila, College of Law, in 1975 and completed
Bachelor of Arts degree in Political Science at the
Lyceum of the Philippines in 1971.
News & Media
NEWS & MEDIA
Puregold formalizes entry in remittance business
SUPERMARKET operator Puregold Price Club Inc. on Monday said it secured its stockholders’ approval that will expand its business to offering remittance service to tap mainly overseas Filipino workers (OFWs).
Co's Puregold diversifies into pharma distribution
PUREGOLD Price Club Inc., which is led by businessman Lucio Co, has been given the leeway to enter the pharmaceutical distribution business as a way to diversify its product offering to consumers.
Cosco taps banker to advise its board
Lucio Co-led Cosco Capital, Inc. has tapped veteran investment banker Roberto Juanchito Dispo as one of its advisers.
Puregold allots P2.6-B capex for 2016
Puregold Price Club Inc. is allotting P2.6 billion for its capital expenditure budget next year, mainly to fund the continuing expansion nationwide of its various retail formats and quick service restaurant chain.
Cosco Capital posts record P3-B net profit First 9 months
Cosco Capital Inc, the retail holding firm of Mr. Lucio Co, has reported a record attributable net income of P3.01 billion for the first nine months of 2015
Puregold improves bottom line in 9 months
Puregold Price Club Inc., the country’s second largest grocery retailer, posted a net income of P3.2 billion in the nine months to September, 6.5 percent higher than the same period a year ago as continued store expansion and acquisitions boosted sales
Puregold boosts spending plans to branch out from 'saturated' Metro Manila
PUREGOLD Price Club, Inc. is hiking its 2016 capital expenditure budget amid plans to expand its network organically,
Lucio Co's Cosco nets P3-B in Jan-Sept
MANILA - Cosco Capital Inc. of businessman Lucio Co posted an 18 percent increase in its nine-month profit this year.
Cosco Capital 9-mth net up 15%, record year seen
Cosco Capital Inc., the retail holding firm of businessman Lucio Co, saw a 15 percent increase in net income during the first nine months of the year.
Cosco net income hits P1.86 B in 1H 2015 up 24%
Manila, Philippines – Cosco Capital Inc, the retail holding firm of Mr. Lucio Co, has reported a record net income to equity holders of Php 1.86 billion for the first half 2015
Puregold net income hits P 2 billion in 1H 2015 up 21.2%
Manila, Philippines – Puregold Price Club, Inc. (PGOLD) the second largest grocery retailer in the Philippines has reported a consolidated net income of Php 2 billion for the first half