About Us
Who We Are
We invest in people.
We provide innovative solutions for our partners and customers.
We practice world-class quality & ESH standards.
We build for a sustainable and regenerative future.
Mission and Vision
We forge collaborative pathways for a decarbonized and regenerative future.
We are the partner of choice for infrastructure and construction solutions in building a better Philippines and uplifting the quality of life of the Filipino.
We deliver sustainable value to our key stakeholders through innovation and excellence in engineering, construction, and project management.
Company Culture at First Balfour
In all aspects of our operations, systems, and practices, First Balfour seeks to uphold these principles to ensure reliable, timely, and effective delivery of services:
High performance and high engagement
Accountability and ownership
Transparency and integrity
Communication and collaboration
Strategic management and innovation
Lopez Values
At the heart of First Balfour’s operations are the Lopez Values that we aim to preserve as we continue to provide excellent service to stakeholders, and push for environmental sustainability and regeneration.
Pioneering entrepreneurial spirit
Envisioning possibilities and having the courage to make these a reality
Business excellence
Delivering results to gain and maintain leadership in the markets we serve
Unity
Upholding a strong shared identity based on a common vision, mutual respect, compassion, and accountability
Nationalism
Representing the country with pride and championing Filipino standards of excellence
Social justice
Striving to reduce social imbalances and inequalities whenever opportunities arise
Integrity
Fulfilling right and just actions based on the highest ethical and professional standards to maintain trust amongst the stakeholders we serve
Employee welfare and wellness
Uplifting the health of employees and their families while enhancing corporate productivity
Management
Board of Directors
Federico R. Lopez
Chairman
Anthony L. Fernandez
Vice Chairman
Francis Giles B. Puno
Director
Anthony M. Mabasa
Director
Benjamin R. Lopez
Director
Jose Valentin Pantangco, Jr.
Director
Emmanuel Antonio P. Singson
Director
Victor Emmanuel B. Santos Jr.
Director
Rey G. Villar
Director
Malcolm Lorimer
Director
Senior Management
(Click photo to learn more)
Anthony L. Fernandez
President and Chief Operating Officer
Tito has over 30 years of business and management experience. He first joined First Balfour in 1995 as a Business Development Executive and went on to serve as the company’s longest-tenured President and Chief Operating Officer, a role he assumed in 2007. He now holds the position of Vice Chairman and Chief Executive Officer. Tito's earlier career includes senior roles at Mitsubishi Corporation, Metro Container Corporation, and MCCI Corporation. He currently serves as a Director of Therma Prime Well Services, MHE Demag (Philippines), and the Philippine Domestic Construction Board. In 2019, he was appointed President of the Philippine Constructors Association Foundation (PCAF). Previously, he served as President of the Philippine Constructors Association Inc. (PCA) from 2008 to 2009 and Philconstruct Events, Exhibitions, and Conferences Corp. (PEECC) from 2016 to 2018. Tito was recently named a Steward of the Council for Inclusive Capitalism (CIC). He holds a Bachelor of Science degree in Mechanical Engineering from De La Salle University and has completed executive programs at the Asian Institute of Management and IMD.
Anthony L. Fernandez
Chief Executive Officer
Jose Valentin Pantangco, Jr.
Deputy Chief Operating Officer
Joval has more than 25 years of experience in handling project and business development, business consultancy, and corporate planning in various organizations. He is currently the President and Chief Operating Officer of First Balfour as of 2024 and also serves as the Vice President for Corporate Planning of First Philippine Holdings (FPH) and the Chief Commercial Officer of First Philippine Industrial Park (FPIP). In these roles, he leads corporate strategies, business development, M&A-related activities, and commercial initiatives to drive growth. From 2007 to 2016, he was the Managing Director for Consultancy and Business Development of Changi Airports International, where he spearheaded the company’s global business development initiatives. He completed his degree in Economics from Ateneo de Manila University in 1994 and his MBA from Harvard Business School in 2004.
Jose Valentin Pantangco, Jr.
President and Chief Operating Officer
Rey G. Villar
Executive Vice President
Head of Industrial Projects Division
Throughout his over 30 years with the company, Rey has taken on a succession of roles culminating in his appointment as Executive Vice President in 2013. Currently, he is responsible for leading the company’s Construction Operations and overseeing construction support departments such as Project Planning and Technical Services. Rey has a degree in Mechanical Engineering from the Far Eastern University.
Rey G. Villar
Executive Vice President
Managing Director for Construction Operations
Malcolm Lorimer
Executive Vice President
Major Projects Division
Malcolm has more than 30 years of experience in the end-to-end project delivery in the Civil Engineering, Building, Rail Engineering, Electro-mechanical and Infrastructure Sectors. Prior to joining First Balfour, he was the Regional Commercial Director for the Middle East, Indian and Indonesian Businesses of Balfour Beatty and Parsons Brinckerhoff. He holds a degree in Quantity Surveying from the University of Northumbria in England as well as an MBA in Construction and Real Estate from Reading University in England. Malcolm is a Chartered Quantity Surveyor and a Fellow of the Royal Institution of Chartered Surveyors. He currently leads the Commercial Operations of First Balfour and has been based in the Philippines since January 2017.
Malcolm Lorimer
Executive Vice President
Managing Director for Commercial Operations
Carlos Pedro C. Salonga
Senior Vice President
Human Resources and Administration
Caloy brings over 25 years of experience in Human Resource Management and Organizational Development. He has spearheaded strategic HR initiatives and driven organizational excellence across various Lopez companies. Before joining the Lopez Group, Caloy gained extensive experience in diverse industries and institutions, including the Department of Labor and Employment, Philippine Airlines, and Philacor. He joined First Balfour in February 2013 and currently serves as the Senior Vice President for Human Resources and Administration. Caloy graduated magna cum laude with a BS in Psychology from the University of the Philippines and holds a Master's degree in Industrial and Organizational Psychology from Ateneo de Manila University. He is passionate about environmental sustainability and leadership development, which are among his key advocacies.
Carlos Pedro C. Salonga
Senior Vice President
Human Resources and Administration
Jonathan C. Tansengco
Senior Vice President
Finance
Butch joined First Balfour as CFO in August 2013. He was previously the Chief Financial Officer at First Philippine Electric Corporation. Prior to that, he was the Head of the Financial Advisory / Project Development Group of Investment & Capital Corporation of the Philippines. He graduated with a degree in Industrial Engineering from the University of the Philippines and has an MBA in Finance and Marketing from Columbia University.
Jonathan C. Tansengco
Senior Vice President
Finance | Strategic Investments