JEF LACSON

Oversee the insurance operations and finance functions of the organizations in Philippines, Guam, & Micronesia markets (around 7 entities) and Guam Insurance Adjusters, Inc, covering controllership, investment, treasury and financial planning, and analysis. These include processes undertaken in-country and functions that are done in the AIG Finance Centers in India.

Member of the Board of Directors of AIG entities in Philippines, Guam & Micronesia

Responsible for establishing and controlling the financial systems and administrative services of the company, and providing financial information to Chief Executive, Board of Directors and Regional Management.

Ensures all Management, Financial accounting and Investment activities and administrative activities are performed to achieve its strategic goals.

KEY ACCOMPLISHMENT(S): Led the cleanup, reorganization and improvement in the financial operations of the Company. 

CHIEF REGULATORY COMPLIANCE OFFICER - Concurrent (Mar 2017 - Feb 2018): Oversee regulatory compliance requirements of the organization, including representation and coordination to regulators.

Accountable for the administrative, financial, and risk management operations of the company, including the development of financial and operational strategy, metrics tied to that strategy, & the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. Also responsible for overseeing the operations of Management & Technical Accounting and directly managing Treasury and Office Services.

VP & HEAD OF TREASURY - Concurrent (Jul to Dec 2016) - provide overall direction and coordination to the treasury functions of the organization.

KEY ACCOMPLISHMENT(S): Sponsored almost 20 projects that resulted in significant improvement in operational efficiency of the function. Benefits include 33% improvement in receivable days and breakeven operating cash flow, after 8 years of negative flow.

SAVP & HEAD OF OFFICE SERVICES - Concurrent (Jan 2015 to Dec 2016): Responsible for day-to-day activities related to procurement, billing and record keeping, agency personnel management, and logistics within the organization.

KEY ACCOMPLISHMENT(S): Managed operating expenses which resulted in 20% lower than the prior year.

SAVP & HEAD OF COLLECTIONS - Concurrent (Nov 2015 to Jul 2016): Responsible for overseeing the collection efforts of approximately $130m accounts receivable balances.

KEY ACCOMPLISHMENT(S): Led and managed collection visits to 66 clients in less than 30 days. Established collection protocol, escalation and monitoring process, which led to achievement of annual target in one quarter.

SAVP, HEAD OF MANAGEMENT ACCOUNTING & CHIEF ACCOUNTING OFFICER  (Jul 2015 - Jul 2016): Responsible for ensuring that all accounting and internal control requirements of the Corporation.

KEY ACCOMPLISHMENT(S): Led and managed improvements in the function. Benefits include minimum annual savings of almost USD 0.11 million.

• Responsible for managing the implementation of corporate programs and priorities
• Oversees the operations of IT Services and Office Administration
  
  KEY ACCOMPLISHMENT(S): Initiated and sponsored almost 54 projects that resulted to significant improvement in operational efficiency of the Company

SAVP & HEAD OF IT SERVICES - Concurrent (May 2014 to Jul 2016): Responsible for the management of all operational activities of the IT Services function, as well as provide direction and support for IT solutions that enhance mission-critical business operations. Works closely with decision makers within the Company to identify, recommend, develop, implement, and support cost-effective technology solutions for all aspects of the business. Manage the IT infrastructure of the Company, which includes SAP, Oracle, AS 400 and other in-house developed applications.

KEY ACCOMPLISHMENT(S): Initiated and led almost 55 projects that resulted to significant improvement in operational efficiency of the function. Benefits include minimum annual savings of USD 0.16 million.

SAVP & HEAD OF GENERAL SERVICES - Concurrent (Jan to Jul 2016): responsible for day-to-day activities related to procurement, billing and record keeping, agency personnel management, and logistics within the organization.

KEY ACCOMPLISHMENT(S): Initiated and led almost 52 projects that resulted in significant improvement in operational efficiency of the function. Benefits include minimum annual savings of USD 0.06 million.

• Responsible for leading all aspects of internal audit function, this includes: planning, budgeting, hiring and training, strategy development, risk assessment, project management, management reporting, continuous improvement, talent development, and quality control.
  
• Reports directly to the Audit Committee and administratively to the President / CEO, and handled reporting requirements of the Audit Committee to the Board and regulatory agencies.
  
• Served as Adviser to the President / CEO for Corporate Planning and Risk Management matters
  
  KEY ACCOMPLISHMENT(S): Led a minimum of 30 internal audit engagements each year. A total of 656 recommendations were provided to operating and senior management from 2011 to 2014 to improve their processes and operations, 72% of which are either being implemented or implemented already. Benefits include 40% optimization in manpower, leading to almost USD 1.10 million annual savings.

SENIOR MANAGER & DEPUTY HEAD OF COMPLIANCE - Concurrent (May 2011 ­to Jun 2012): Responsible for the establishment and creation of Compliance unit that oversee regulatory and internal compliance requirements of the organization.

KEY ACCOMPLISHMENT(S): Assisted the Audit Committee of the Board in the establishment of Compliance and Governance function that led to improvement in corporate governance rating from 64% to 86.57%, the highest in the industry and among the top 50 publicly-listed company in the country in 2011

SENIOR MANAGER & DEPUTY HEAD OF INTERNAL AUDIT (Nov 2010 to Jun 2012): Responsible for the management of all internal audit engagements and reporting to the Audit Committee.

KEY ACCOMPLISHMENT(S): Standardized internal audit methodology and working papers of the group that led to: 400% increase in productivity of the internal audit.

• Led and managed multiple engagements (from start to finish, this includes planning, execution, closing, and budget management) and competing priorities in a rapidly growing, fast-paced, interactive, results-based team environment.
  
• Heavily involved in conducting business process, general IT controls and application review for multiple audit clients concurrently and on numerous systems and applications
• Proficient in the use of IDEA, ACL and other data analysis tool

KEY MANAGEMENT FUNCTIONS:

• Led the practice development efforts on IT Strategy and IT Project Advisory Services
  
• Head of Quality Management Team (Project Delivery)
  
• KPMG Global Preferred Assessor for Vendor Security Compliance Reviews
  
• IT Audit Facilitator (in support with KPMG Audit Methodology)
  
• National Information Security Specialist

KEY ACCOMPLISHMENT(S)

• Lead in-charge for five (5) audit seasons in the information risk management of the largest publicly listed food, beverage, and packaging company in Southeast Asia, currently diversifying to energy, infrastructure and finance.
• Project Manager in the first SAP Reinsurance Module implementation in Southeast Asia for a domestic professional reinsurance firm
• Lead in-charge the forensic audit through data mining and database integrity testing using IDEA data analysis software for the world's largest producer and marketer of high-quality fresh fruits, fresh vegetables and fresh cut flowers with a growing line of quality packaged foods

SUPERVISING SENIOR, PERFORMANCE & TECHNOLOGY (July 2009 ­ - June 2010)

SENIOR AUDITOR / ADVISOR, RISK ADVISORY SERVICES (November 2008 ­ - June 2009)

SENIOR ASSOCIATE - RISK ADVISORY SERVICES (Nov 2007 - Oct 2008)

ASSOCIATE - RISK ADVISORY SERVICES (Jun 2006 - Oct 2007)