| Tue, 19 Oct 2021

PEM Audit Committee

Market Governance
PEM Audit Committee

The PEM Audit Committee (PAC) is primarily tasked to conduct various operational audits on the systems and procedures of the Market Operator and metering arrangements review on WESM and retail Metering Services Providers (MSPs). The PAC performs these functions in accordance with the Market Rules and PEM Audit Manual.

Currently, the PAC is composed of the following experts in the fields of risk and financial management, information technology, and information systems:

Prof. Felixberto U. Bustos, Jr., DBA - Chairman
B.S. Chemical Engineering, MBA, Doctorate in Business Administration
Former President, National Home Mortgage Finance Corporation (NHMFC)
Returning Professorial Lecturer, UP Diliman Extension Program in Pampanga (UPDEPP)
Field of Expertise: Banking, Finance and Audit

Mr. Eduardo Alejandro O. Santos
B.S. Forestry, M.S. Geographic Information Systems for Rural Applications
Director IV, Case Management Service, Office of the Solicitor General
Field of Expertise: Information Systems

Engr. Christian M. Orias
B.S. Electrical Engineering, M.S. Management Engineering
Adjunct Faculty, Asian Institute of Management (AIM)
Field of Expertise: IT System Audits, IT Security and Risk Management, IT Governance, Lean Six Sigma, Project Management