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Maria Elena B. Herrera, FASP, PhD
Adjunct Faculty, Retired Professor
ACADEMIC BACKGROUND
- Doctor of Philosophy in Organization Development, Southeast Asia Interdisciplinary Development Institute (Philippines)
- Master’s Degree in Mathematics, Major in Actuarial Mathematics, University of Michigan (USA)
- Bachelor’s Degree in Mathematics (Cum Laude), University of the Philippines (Diliman)
Professional and Academic Experience
Past experience:
- Chief Financial Officer of AIM and Treasurer of the AIM Scientific Research Fund, AIM’s endowment arm
- Research Director of the AIM RVR Center for Corporate Social Responsibility
- Chief Financial Officer and Actuary of the Manufacturer’s Life Insurance Company’s Philippine office
- Practice Leader of the health care, group and risk management practices of The Wyatt Company (Philippines) – now Watson Wyatt
- Senior Manager in charge of the actuarial department and group insurance services at Lincoln Philippine Life Insurance Company, a subsidiary of the Jardine group of companies
- Has held general management posts in other industries including insurance broking, actuarial consulting, computer software, personal care manufacturing and marketing
- Has been in the global advisory council of Abelica Global, a global network of actuarial consulting firms
Other positions held:
- Associate Professor, Asian Institute of Management
- Chief Finance Officer, Asian Institute of Management (1998-2000)
- Columnist, The Standard (2005-present)
- Director, Solutions Incorporated (1994-present)
- Managing Director, Solutions Insurance Brokers, Inc. (1994-2015)
- Director, Solutions Insurance Brokers, Inc. (1994-present)
- President and General Manager, East Asia Plans, Inc. (1997-1999)
- President and General Manager, LTS Philippines Corporation (1998-1999)
- Vice President, Chief Financial Officer, and Actuary, The Manufacturer’s Life Insurance Company (Manulife, Phils.) (1993-1995)
- Consulting Actuary, The Wyatt Company, Phils. (Now Watson Wyatt) (1989-1993)
- Assistant Actuary, Lincoln Philippine Life Insurance Corporation (now part of Manulife) (1982-1989)
AFFILIATIONS
- Fellow of the Actuarial Society of the Philippines and has served in various capacities, including as Treasurer and as President, in its Board of Governors
- Member of the Philippine Academy of Management and the International Actuarial Association
- Mentor, Southeast Asia Interdisciplinary Development Institute:
2009 – current
Independent Consultant
Strategy, policy and finance
Publications
- Barroco, J., & Herrera, M. (2019). Clearing barriers to project finance for renewable energy in developing countries: A Philippines case study. Energy Policy, 135, 111008. doi:10.1016/j.enpol.2019.111008