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The Honorable Vincent S. Perez
Secretary
Department of Energy
Vincent S. Pérez, 43, is the Secretary of the Department of Energy (DOE), having been appointed by President Gloria Macapagal-Arroyo to implement the recently enacted Power Reform Law. He is also the Ex-Officio Chairman of the Philippine National Oil Company (PNOC) and the National Electrification Authority (NEA). Prior to his appointment, he served as the Undersecretary of the Industry and Investments Group of the Department of Trade and Industry, and the Vice-Chairman and Managing Head of the Board of Investments.

Prior to joining the government in March 2001, Mr. Pérez has over 18 years experience in private equity and capital markets and emerging markets. He was an international officer at Mellon Bank, N.A. in Pittsburgh from 1983 to 1986 in its Latin American restructuring group. Previously, he had internships with New Jersey National Bank, Citibank N.A. and Far East Bank and Trust Co.

Mr. Pérez pioneered Lazard Freres & Co.'s emerging markets team in New York where he arranged numerous debt and equity financing in Argentina, Brazil, India, Indonesia, Mexico, Philippines and Turkey. Until he resigned in 1996, he worked as Managing Director of Lazard Asia and a General Partner of Lazard Freres & Co. in New York.

Mr. Pérez co-founded Next Century Partners in 1996, a private equity firm that focused on investing in Asia. He has been actively involved in bringing prominent foreign investors into the Philippines.

Mr. Pérez holds an MBA from the Wharton Business School of the University of Pennsylvania and a Bachelor's Degree in Business Economics from the University of the Philippines. In 1994, he was named as one of the Top 100 Emerging Market Superstars by Global Finance magazine. He has the distinction of being the first Asian partner at Lazard and the first Filipino partner on Wall Street.

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