Santiago J. Rañada

Non-Executive Chairman of the Board

Date of Appointment: October 2011

Length of Service: 10 years

Date of Last Re-election: May 24, 2021

Academic/ Professional Qualifications:

Bachelor of laws, Ateneo de Manila

1960 • Admitted to the Bar

1960-1978 • Private law Practice

1978-2004 • CFI Judge / RTC Judge

1983-1987 • Secretary Gen., Phil. Judge Assoc.

2005-2010 • Chairman, Ateneo Law Alumni Assoc.

2004-2006 • Justice Court of Appeals

2010 • Commissioner, Issurance Commission

Present Directorships(s):

2005-present • MAA General Assurance Phils., Inc. (Chairman of the Board)

Past Appointment(s) and/or Directorship(s):

2007 • Philippine Overseas Telecommunication (Director)

Justice Santiago Javier Ranada (Ret.) was first appointed as Non-Executive Director and Chairman of the Board of MAA General Assurance Phils., Inc. (MAAGAP) in October, 2011 and has since then been re-elected for the same post every year thereafter. He sits as Chairman of the Nomination Committee, and a Member of the Retirement Committee and Remuneration Committee respectively. Prior to his joining the Board of Directors, he was hired as MAAGAP's Legal Consultant/Adviser to the President/CEO on matters such as legal and compliance issues concerning government agencies particularly the Insurance Commission and Securities & Exchange Commission.

Justice Ranada graduated with a degree in Bachelor of Laws at the Ateneo de Manila University in 1959 and was admitted to the Bar the following year in 1960.

Justice Ranada then went on for private law practice from 1960 to 1978 doing litigation and counseling work for 2 international airlines, a universal bank, a non-life insurance company and a reinsurance firm. Later that same year, he served as a trial judge for the Court of First Instance for CFI/RTC Judge for more than 26 years. As founding officer of the Philippine Judges Association, he was appointed as Secretary General from 1983 to 1987, Executive Vice President from 1987 to 1991, in concurrence, sits as Chairman of the Committees on Continuing Judicial Education for the same period of time. From 1988 to 1993, he was a member of the advisory board of the Institute of Judicial Administration under the Supreme Court. Likewise active in alumni affairs, Justice Ranada was elected as Chairman for the Board of Trustees for the Ateneo Law Alumni Foundation, where he previously also served as Vice President and Chairman Emeritus covering the period 2005 to 2010. He was appointed Associate Justice for the Court of Appeals between 2004 up till his retirement in 2006 but still seeks to continue serving society, when in 2007 he was designated for the post of Director for the Philippine Overseas Telecommunications.

Justice Ranada served as Commissioner of the Insurance Commission 2010 replacing long time Commissioner Eduardo T. Malinis. Aside to being the Chairman of the Board for MAAGAP, Justice Ranada’s currently holds a seat as Director and Chairman of the Board for the Philippine Overseas Telecommunications; Director and Chairman of the Board for Philippine Communications Satellite Corporation; Director and Chairman of the Board for Philcomsat Holdings Corporation; Director of the Board for Montemar Beach Club Inc.; and Director of the Board for the Board of Philcomsat Management Enterprises Inc.



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The birth of MAA General Assurance Phil., Inc. (MAAGAP) took place when its parent company, MAA International Group Ltd. (MAAIG) from Malaysia ventured to strategically expand its business in Asia. MAAIG is an offshore composite insurance company licensed under the Offshore Insurance Act 1990 in Labuan International Offshore Financial Centre (IOFC) to underwrite life and general insurance and reinsurance business. Gearing for the planned expansion, MAA procured the insurance license of the then Paramount Insurance Corporation and renamed it MAA General Assurance Phil., Inc.

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Published on October 05, 2023
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