Part Time
Contact No.: 
+63 (02) 688-7413

Roel Arco Refran is a certified public accountant (CPA)-lawyer with close to two decades of experience in law, finance, and capital market regulation. In June 2012, he was appointed Chief Operating Officer of The Philippine Stock Exchange, Inc. (PSE).

A subject matter expert and thought leader on capital markets, securities regulation and finance, Roel provides expert testimony before Congress on vital legislation affecting capital markets.

A Professor of Law at Ateneo de Manila University School of Law, Roel is also an Adjunct Professor at University of the Philippines Virata School of Business for the MBA and Master of Science in Finance programs.

He garnered the 4th highest rank in the 1999 national bar examinations, and placed in the top 20 examinees in the May 1995 CPA licensure exams. Roel was a bronze medalist in the 2002 & 2004 Mr. Philippines national bodybuilding competitions in the light-middle and heavy weight divisions, respectively.
Areas of Specialization: 
  • Capital markets and finance law
  • Securities regulation
  • Corporation and Taxation laws

Professional Association & Recognition: 
  • Chief Operating Officer, The Philippine Stock Exchange, Inc. (2012 to present)
  • Chairman, Capital Market Development Committee of Philippine Chamber of Commerce & Industry (PCCI) (2013 to present)
  • Adjunct Professor, University of the Philippines Virata School of Business (2015 to present)
  • Chairman of the Board of Trustees and President, Philippine Fulbright Scholars Association (2013 to present)
  • UP VSB Distinguished Alumni Awardee (2014)
  • Fulbright scholar (2010-2012)
  • Member, Beta Gamma Sigma (International Honor Society in Business)
  • Member, Pi Gamma Mu (International Honor Society in Social Sciences)

Courses Taught: 
  • International Law on Securities
  • Public Offerings and Stock Exchange Listings

MBA (Capital Markets & Finance), Goizueta Business School at Emory University, USA (2012); Juris Doctor (JD), Second Honors, Ateneo de Manila University School of Law (1999); B.S. in Business Administration & Accountancy (BSBAA), Magna Cum Laude, University of the Philippines (1995)