An experienced management team of 9 members is in place to enable a strong track record of delivery.
Lorelie Q. Osial PRESIDENT AND CHIEF EXECUTIVE OFFICER (Filipino) was appointed President and Chief Executive Officer of the Corporation on 1 December 2021, the first woman to lead the corporation since its incorporation.
With Shell celebrating its 109 years in the Philippines (2023), she is determined to continue Shell’s commitment to nation-building by providing more and cleaner energy solutions to meet the ever-evolving needs of Filipinos today and in the future. This means lowering the carbon footprint of Shell’s operations and products while growing the company’s customer-facing businesses, purposefully and profitably, and being a responsible neighbor of its partner communities.
Concurrently, she is the Vice President for Global Finance Operations-Expenditure where she manages five major processes covering Shell businesses in more than 50 countries and supports 80,000 employees globally. She was previously Finance Director for Shell Philippines Exploration B.V., the operator of Malampaya Deepwater-to-Gas Project. Before coming back to the Philippines in 2016, Lorelie was the Finance Manager-Projects for Basrah Gas Company (BGC) in Iraq, the world’s largest flare reduction project and one of the toughest external environments within the Shell portfolio.
She is an advocate for diversity, equity & inclusion and digital transformation.
Moreover, she is the President of Pilipinas Shell Foundation, Inc., the social arm of Shell companies in the Philippines, which has uplifted more than 15 million beneficiaries nationwide through its various programs in Livelihood, Education, Health & Safety, Environment, Energy and Nutrition & Food Security.
Lorelie has a degree in Bachelor of Science in Accountancy from Silliman University (Cum Laude) and is a Certified Public Accountant in the Philippines. She also holds a Master of Business Administration degree from the University of Western Australia.
Reynaldo P. Abilo VICE PRESIDENT FOR FINANCE, TREASURER AND CHIEF RISK OFFICER (Filipino) – has been appointed Director of the Corporation since 01 January 2021. He is likewise the Vice President-Finance, Treasurer and Chief Risk Officer of the Corporation. He is also a director on the boards of other Shell-affiliated companies. Prior to his current assignment, he was the Corporate Assurance Manager that established the assurance and internal audit function of the company. Mr. Abilo joined Shell in 2009 as the Retail Economics Manager in the Philippines where he distinguished himself by winning the 2012 Global CFO award for site profitability analysis and 2013 Downstream Director Award for Dealer Operated platform strategy. From 2012 to 2016, he was the Global Planning & Appraisal Manager for Marine Lubricants as well as Project & Economics Lead for Downstream Global Commercial (“GC”) based in Singapore where he successfully managed the various planning, appraisal, and reporting processes for Marine and capital investments in GC. In addition, he was appointed as Special Projects Advisor supporting the Global Downstream Marketing Growth Strategy as the Finance Lead. Prior to Shell, he worked in Ernst & Young and Colgate-Palmolive for a number of years in various finance positions in supply chain, sales and marketing. He is a Certified Public Accountant with over 16 years of experience in audit, accounting, economics, strategy development, business performance management, and commercial decision support. He graduated Cum Laude from the University of the Philippines (Diliman) with a Bachelor’s degree in Business Administration and Accountancy. He placed 11th in the October 2004 CPA Board exams.
Randolph (Randy) T. Del Valle VICE PRESIDENT FOR MOBILITY (Filipino-British) – is the Vice-President for Mobility (formerly Retail) since January 2020. He was appointed Executive Director of Pilipinas Shell Petroleum Corporation last January 2020 to May 2021 and then in November 2021 to present.
He is responsible of the Downstream Marketing Retail Business that covers >1,000 sites serving ~1 million customers/day enabled by a strong team of >15,000 employees, retailers and service champions. Randy brings with him more than 20 years of experience across different businesses. In his recent role Global Head of Strategy & Planning for DS Retail Network based in Singapore, he helped shape a number of important Retail Growth Projects (Russia, Indonesia, China and the US), evolved Network Strategy & Planning processes and methodology towards a holistic value maximization approach with various Integrated Retail Offers (Fuels, NFR, New Fuels including EV) and prepared the business to test new ideas in line with Energy Transition through Innovation. Prior to this, he was in Group Strategy Consultancy based in London, UK /Hague, NL where he led various high-impact projects in Upstream, Integrated Gas, Shell Business Operations and Downstream. He was also part of the selected core team member that played a pivotal role to effectively plan and execute and Shell’s largest strategic acquisition of BG Group in 2015/2016. He has also held various local, regional and global roles Retail Marketing (Global On-Site Ops Excellence-PMTDR, Cards, Payment, Loyalty, Pricing, Fuels Marketing) as well as in Sales & Operations (as Territory Manager, District Manager and Operations Manager). Randy is passionate about people development, Innovation/Energy transition development, team success and puts customers first. Randy is a Chemical Engineer where he earned his Bachelor of Science in Chemical Engineering from the University of San Carlos (USC), Cebu. He also has an MBA degree from London Business School, UK.
Albert A. Lim VICE PRESIDENT FOR WHOLESALE COMMERCIAL FUELS (Filipino) has been appointed last 10 August 2021. He is a well-rounded Shell Commercial Fuels leader with over 20 years of experience both locally and globally. Before his appointment, Mr. Lim was Currently the Wholesale Commercial Fuel (WCF) Business Development and Pricing Manager. He joined Shell as a Sales Account Manager and served marketing roles in the Philippines and the East region. He was responsible for the development of Fuel Oil Plus for the East and played a pivotal role in WCF’s turnaround plan in Thailand. He also led the International Marine customer operations migration to Shell Shared Services (Asia) B.V. In WCF, Mr. Lim pioneered hedging and exposure management, integrated planning and portfolio optimization activities that allowed Commercial Fuels to deliver its plan in the past three years.
Erwin R. Orocio (Filipino) is Chief Compliance Officer and Member of the Corporate Governance and Nomination Committees of the Corporation since 10 November 2020. He is likewise the Managing Counsel with over 24 years of legal experience. He was previously the Corporate Secretary of the Corporation and various Shell companies in the Philippines. He ensured the delivery of the 2016 Initial Public Offering of the Corporation and its evolution as a publicly listed company whose governance practices are now being recognized internationally. He is a director of Shell Energy Philippines, Inc., Shell Chemicals Philippines, Inc., and Shell Solar Philippines Corporation He is also a trustee of Pilipinas Shell Foundation, Inc. He was a former trustee, Vice President and Treasurer of the Shell Employees’ Savings and Loan Association, Inc., a financial institution regulated by the Bangko Sentral ng Pilipinas. Erwin is a Fellow of the Institute of Corporate Directors. He joined the Legal department as a Legal Counsel in November 1997 and has since advised all businesses and functions. Prior to that, he served as managing partner of the Garcia Ines Villacarlos Garcia Reciña & Orocio Law Office. He first joined the Corporation as an accountant in 1991 and left in January 1996 to complete his Juris Doctor degree from the Ateneo De Manila School of Law. He graduated from the De La Salle University in 1989 with a Bachelor of Arts (Major in Economics) and Bachelor of Science (Major in Accountancy). He placed 13th in the Accounting Board exams of May 1990.
Sergio C. Bernal, Jr., Vice President for Corporate Relations (Filipino) was appointed as the new Vice President-External Relations on 08 August 2019.
Serge graduated from De La Salle University in Manila with a Bachelor’s degree in Industrial Management Engineering.
Mr. Bernal started his career in sales before taking up a few other roles including Business Development, Training and Marketing in local, regional and global posts. Serge was the JV General Manager for LPG from 2009-2011, when the JV achieved remarkable volume and revenue targets and HSSE performance. He then moved back to Shell Philippines, taking up sales and marketing leadership roles in lubricants, where Serge led teams to achieve over 110% sales growth and at same time built a strong high-performing team, winning global recognition. Serge himself was a recipient of 2 Global EVP awards for Project Pearl and Project Kindle. In his recent lubricant marketing role, he was in charge of both Philippines and Thailand.
Paulo Angelo N. Arias VICE PRESIDENT – HUMAN RESOURCES (Filipino) has been appointed Vice President – Human Resources and member of the Nomination Committee, effective 01 September 2022. Prior to his appointment, Mr. Arias was the Global Head of International Mobility and Reward Operations of Shell Shared Services (Asia) B.V., Philippines. Globally, he led the international mobility, reward, quality assurance and systems operations function of Global HR with an organizational size of 300 staff. He was also the Center Lead for HR Operations in the Philippines with 550 staff. He has over 25 years of experience in the Shell Group: Regional Operations Manager – HR Operations, Shell Shared Services (Asia) B.V., Philippines; International Mobility Policy Manager, Shell International B.V., The Netherland; Director, Shell Offshore (Personnel) Services, B.V.; Policy, Process and Systems Adviser – Global Upstream, Shell International B.V., The Netherlands; Chemicals HR Manager – Asia Pac/Mid East, Ventures and Projects, Shell Eastern Petroleum (Pte) Ltd, Singapore; HR General Manager, Shell Markets Middle East Ltd, UAE; and Manufacturing HR & HSSE Manager / Country HSSE Focal Point, Pilipinas Shell Petroleum Corporation, Philippines; among others. Mr. Arias earned his BS Mechanical Engineering degree from the University of the Philippines and his MBA from the University of New South Wales (NSW). He also underwent the Strategic HR Management Program from the IMD.
Kit Arvin M. Bermudez VICE PRESIDENT FOR SUPPLY AND DISTRIBUTION (Filipino) has been appointed last 10 August 2021. He is a multi-business Downstream leader with over 20 years of experience, most notably known for his strong operational delivery focus. He joined as a Select Operations Manager and has since served in different leadership capacities in Downstream businesses in global, regional and local management roles. He has been based in Italy, Oman, Singapore and the Philippines. He is a strong and consistent performer with a high degree of credibility as supported by his numerous Shell Awards. His former role was the National Sales Manager, who has led Philippine Retail in achieving its highest business profitability on record in 2019.
Jacqueline B. Famorca VICE PRESIDENT FOR LUBRICANTS (Filipino) – has been appointed on 23 March 2023. She is responsible for maintaining Lubricants business' strong market share in various industries and in continuing to be the partner of choice for innovative lubricant products and fluid solutions.
Jackie has a strong track record with over 20 years of experience in local and regional roles, having managed Mobility B2C and B2B businesses, and in various capacities including Contracts & Procurement, Category Management, Service Delivery, Operational Excellence, Sales & Business Management.
In her previous role as Mobility Senior District Manager, she has led the business growth and recovery of Metro Manila for both Fuels and Non-Fuels category. She earned recognition as the Top District Manager for Q1 2023 and Top District for the Philippines. Jackie has also led the Fleet Solutions B2B team, successfully delivering a significant increase in operating profit. In this role she was recognized in 2019 as the Global Sales Team Manager of the Year and back-to-back Regional Sales Team Manager for 2018-2019.
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An experienced Board of 11 independent and executive directors is in place to represent the interest of Pilipinas Shell’s shareholders.
Shell Pilipinas Corporation traces its roots to Asiatic Petroleum Company (Philippine Islands) Ltd. In the Philippines back since 1914, and has grown to become one of the leading oil refining and marketing businesses in the Philippines.