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Who We Are - APEC Plans

CORPORATE PROFILE

Abundance Providers and Entrepreneurs Corporation (also known as APEC Plans) is a Philippine registered, privately held corporation that has been in operation since 2009.

APEC Plans is regulated and subject to licensing by the Insurance Commission (IC) as a preneed company to sell memorial or life plans, and by the Securities and Exchange Commission (SEC) to issue these memorial or life plan as registered securities.

APEC Plans, through its various sales channels, has sold and administered more than 400,000 memorial plans, of which, 95,000 have already been rendered to date.

APEC Plans’ P1.60 Billion trust fund assets are managed by AB Capital and Investment Corporation (ABCIC). The ABCIC is part of the AB Capital Group (AB Capital) which is one of the Philippines’ leading financial services institutions focused on the capital markets.

BUSINESS OPERATIONS

APEC Plans’ office is located at the 2nd Floor CAP Building, 126 Amorsolo corner VA Rufino Sts., Legaspi Village, Makati City 1229, Metro Manila. We are here to serve you Monday to Friday from 9am until 4pm, except on holidays.

For plan holders in the provincial areas, APEC Plans has Resident Agents ready to serve your needs.

For the service fulfillment of the memorial plans that APEC Plans has sold and issued, it has tapped the services of La Funeraria Paz, Inc. (LFPI) under a Master Service Agreement. Under this agreement, LFPI ensures the excellent delivery of memorial services, through its nationwide network of partner mortuaries and service providers.

LFPI’s service delivery is anchored on its rich heritage and history of more than 100 years of Memorial Service Excellence.

CURRENT BOARD MEMBERS

  • NOEL C. OÑATE – CHAIRMAN
  • ERNESTO C. GARCIA – PRESIDENT / CEO
  • ROLANDO I. GONZALEZ – TREASURER / EVP / COO
  • DANILO P. CAPISTRANO – CORPORATE SECRETARY
  • RODOLFO L. SAMARISTA – DIRECTOR
  • DONNA C. MANUEL – DIRECTOR

LIFE INSURANCE PARTNER

TRUSTEE BANKS

INDEPENDENT ACTUARIAL CONSULTANT

  • AMI Actuarial Consultants Philippines, Inc.,

INDEPENDENT FINANCIAL AUDITOR

EXTERNAL LEGAL COUNSELS

  • Bohol Bohol II Jimenez Law Offices
  • APSSAT Law Office and Associates
  • Angara Abello Concepcion Regala & Cruz Law Offices
  • Villaraza & Angangco Law Offices

Latest Audited Financial Statements


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