Haymarket Financial MediaPhilippines Capital Markets Forum


  • Roel A. Refran

  • Chief Operating Officer
  • The Philippines Stock Exchange
Roel A. Refran
Chief Operating Officer
The Philippines Stock Exchange
Roel Refran is Chief Operating Officer (COO) of The Philippine Stock Exchange, Inc. (PSE), one of only two exchanges in the world to post growth for six consecutive years. He leads the regulatory, business and strategic initiatives of PSE anchored on reinforcing technical expertise, strengthening market framework and enhancing technology.

He is Chairman of the Capital Markets Development Committee of the Philippine Chamber of Commerce and Industry, and Chairman of the Board of Trustees and President of Philippine Fulbright Scholars Association.

Roel is a certified public accountant, lawyer and capital markets professional with more than 15 years of experience in the fields of law, finance, taxation and securities regulation. He is an Adjunct Professor at University of the Philippines Virata School of Business (UP VSB), and was a Professor of Law at Ateneo de Manila University.

He obtained his Masters of Business Administration from Goizueta Business School at Emory University, USA, where he was a Fulbright scholar and inducted lifetime member of Beta Gamma Sigma, the international honor society in business.  Roel earned his degree in Business Administration and Accountancy, magna cum laude, from University of the Philippines. He holds a Juris Doctor degree from Ateneo de Manila School of Law. In 2014, he was conferred the prestigious Distinguished Alumni Award by UP VSB.