Dr. Magdaleno B. Albarracin Jr.

Dr. Magdaleno B. Albarracin Jr. was listed as one of the Philippines’ 40 richest people, in the 2007 Forbes ranking. He is the President and Director of Holcim Philippines, Inc. (HPI), a Philippine-based cement manufacturer and a member of Holcim Group, a supplier of cement, as well as aggregates, concrete and construction-related services. He is also the Senior Executive Vice President and Director of Bacnotan Consolidated Industries, Inc. (BCII), a company that invests in shares of various subsidiaries, associates, affiliates and other marketable equity securities.

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