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AIB Money Market Mutual Fund, Inc. (AIBMMMFI) is a low risk mutual fund in Philippine currency. It aims to optimize potential income and protect capital by investing in a diverse portfolio of short-term securities and fixed-income instruments in Philippine peso or foreign currency. These investments are highly liquid, coming from the government of the Philippines and Filipino corporations.
Board of Directors
Robert Charles M. Lehmann, 68, Filipino, is the current Chairman of the Fund. He joined Amalgamted Investment Bancorporation in 2017 and is also currently the President and CEO of the Investment House. He used to be the Executive Vice President of Security Bank (2000-2002) and the Senior Vice President of Standard Chartered New York (1999-2000). He is also a Director of Philippine Eagle Foundation and Fruittropic, Inc. He finished his Masters Business Administration from the University of San Francisco in 1979.
Robert M. Lehmann
Chairman
Mariza E. Arcilla
President
Mariza E. Arcilla, 62, Filipino, is the current President of AIB Asia Asset Management, Incorporated. She is also currently an Executive Vice President and Head of Relationship Management & Credit Group of AIB since April 2023. Ms. Arcilla previously held roles as a Consultant at East West Banking Corporation from January 1, 2020 to April 30, 2020, and an Executive Vice President from December 1, 2017 to December 31, 2019, where she led the Corporate Banking Group. Prior to that, she was the Senior Vice President of Security Bank Corporation where she also headed the Corporate Banking Group from August 16, 2006 to September 30, 2017. She obtained her Bachelor of Science in Commerce, Major in Business Administration from the University of Santo Tomas in 1981.
Augusto M. Cosio Jr., 71, Filipino, is currently a Director of Rappler Holdings Inc. and President and CEO of MRC Allied Inc. He was the Chairman of Premier Horizon Alliance Corporation from December 2020 to September 2023. He served as President of First Metro Asset Management, Inc. and has been a member of the First Metro Investment Corporation (FMIC) Investment Committee since 2008. In FMIC, he held the postion of Vice President from September 2006-2010. Mr. Cosio has extensive experience in investments and the capital markets both locally and internationally. He served as consultant to the Mutual Fund Company of the Philippines (Kabuhayan Fund) in 2003. He was Vice President at Bank Austria Private Banking in Hong Kong from 2000 to 2001 managing portfolios for private clients. He was previously the President of PNB Securities Inc. and a nominee and a member of the board of the Philippine Stock Exchange in 1999.
He had been an international capital markets practitioner from 1977 to 1994 having been connected with Banque Nationale de Paris (1977-1981) and Banque Paribas (1984-1994), the predecessors of the present BNP Paribas. Mr Cosio workedin Hong Kong and Singapore for the Paribas Capital Markets group.
He is also a resource speaker for Fixed Income Courses at the Ateneo Center for Continuing Education and the University of Asia and the Pacific as well as for the PSE Certified Securities Specialist Course. He pursued his course of AB Social Sciene at the University of the Philippines finishing in 1974. He received further training in international capital markets through seminars and courses conducted by BNP Paribas in London, Paris, Tokyo and New York.
Augusto M. Cosio Jr.
Independent Director
Justina F. Callangan
Independent Director
Justina F. Callangan, 71, Filipino, is a member of the Board of Directors of Securities Investor Protection Fund, and previously served as the Director of Corporate Governance and Finance Dperatment (CGFD), formerly Corporation Finance Department (CFD), of the Securities and Exchange Commission (SEC). Currently, Atty. Callangan is also an Independent Director of Orix Metro Leasing and Finance Corporation, Panasonic Manufacturing Philippines Corporation, VREIT and Vista Land and Lifescapes, Inc., a Consultant in ASA Philippines Foundation Inc., and MCLE Lecturer on various SEC Matters for UP Institute for the Administration of Justice, Center for Global Best Practices, Inc., Publicly-Listed Companies and other organizations. Atty. Callangan was also a Former Chief of Staff in the Office of SEC Commissioner Fe Elosia C. Gloria, an Assistant Professor in University of Santo Tomas Faculty of Civil Law and a Consultant in Listings Dperatment of Philippine Stock Exchange. She finished her Bachelor of Arts in Political Science as a Cum Laude in University of the East and Bachelor of Laws in San Sebastian College and received her Master of Arts in Political Science in University of Santo Tomas.
Vicente Julian A. Sarza, 71, Filipino, is a member of the Board of Vitarich Corporation, HC Consumer Philippines Inc. and Don Tim Development Corporation as an Independent Director. Mr. Sarza also served at the Board of Mabuhay Capital Inc. as Director and Chief Operating Officer. He was a Consultant in Radiowealth Finance Corporation, Chairman/President of Central Negros Power Reliablity Corp., Senior Vice President at Asia United Bank Corp., Principal at KPMG Manabat Sanagustin & Co, General Manager of Trinity President and Chief Operating Officer for UCPB Savings Bank, Inc. and a First Vice President for United Coconut Planters Bank. He received his undergraduate and graduate degrees from Ateneo de Manila University.
Vicente A. Sarza
Independent Director
Board Committees
Executive Committee
Robert M. Lehmann
Chairman
Justina F. Callangan
Member
Mariza E. Arcilla
Member
Audit Committee
Vicente A. Sarza
Chairman
Augusto M. Cosio Jr.
Member
Mariza E. Arcilla
Member
Compensation Committee
Augusto M. Cosio Jr.
Chairman
Vicente A. Sarza
Member
Mariza E. Arcilla
Member
Corporate Governance Committee
Justina F. Callangan
Chairman
Vicente A. Sarza
Member
Mariza E. Arcilla
Member
Key Officers
Jonef A. Samonte, 53, currently serves as the Vice President and Compliance Officer of the Fund. Before joining AIBAAMI, he held the position of Vice President and Head of Partnership Distribution Unit at First Metro Asset Management, Inc. from 2016 to 2020. Mr. Samonte also worked with Manulife Philippines from 2012 to 2016, where he was the Assistant Vice President for New Markets Develpment and Agency Recruitment and Branch Head of Perseus Branch. During his tenure at Gnostek from 2009 to 2012, he directed non-technical glass reinforced systems. From 2006 to 2009, he served as the Senior Assistant Vice President and Channel Head (Nonlife) at Generali Pilipinas Insurance, Co. Mr. Samonte also worked with One Gen Marketing Services as the General Manager and Operations Head of Agencies and Branches for American International Group (AIG) Philam Insurance. In Platinum Plans Phil., Inc. he held the position of Assistant Vice President for Specialized Marketing Services, International Operations from 2000 to 2002. Mr. Samonte completed his tertiary education at the University of the Philippines.
Calixto B. Salud Jr., 53, Filipino, is the Senior Vice President and Head of Human Recources at Amalgamated Investment Bancorporation. He has over 30 years of experience in diverse industries, including telecommunications, oil & gas, retail, banking, and IT. Dr. Salud has held several leadership roles, including Managing Consultant at CTBS Management Consultancy, VP & Head of HR at Primer Group of Companies, and Director positions at Globe Telecom and Eastern Telecom. He holds a PhD in Leadership Studies from Ateneo de Manila University and is certified in various leadership and coaching programs, including Gallup Strengths Coaching and Action Learning.
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