The Miravite Consulting Group traces its birth in 1964 to our illustrious founder - Mr. Feliciano F. Miravite, FASP, whose vision led to establishing the first Actuarial Consulting firm in the Philippines, then originally known as Feliciano F Miravite, Inc. and subsequently renamed to FFMiravite, Inc.
In providing the MCG range of services, our Consultants constantly aim for effective, customized and innovative solutions in responding to the challenges presented by the needs and priorities of CFO’s, HR and other risk management executives of leading corporations and financial institutions. We align business and risk management strategies with financial and economic resources to mitigate potential financial exposures as a consequence of uncertain future events.
We are committed to unparalleled expertise in actuarial and risk consulting services, continually enhanced by the breadth of our consultants’ experiences and forward-thinking research. We continuously seek methods for evaluating, measuring, and reporting on risk in the areas of pension fund management, quantitative finance and economics.
To be the Partner of Choice for Global Enterprise Risk Management
Guided by our core values: Discipline, Equilibrium, Excellence and Passion, the Mission of the Miravite Consulting Group is to partner with our clients in finding perfect fit solutions towards managing Risk.
Our added-value services derive from our commitment to a continuing learning process in multi-disciplinary fields that complement and reinforce our professional standards and commitment to excellence.
ROMEO ABADA FSA FASP FLMI
Chief Executive Officer
Romeo Abada joins Miravite Consulting Group as its Chief Executive Officer. He expands the range of MCG services, bringing in his subject matter expertise in the fields of Retirement and Employee Benefits, Life and Non-Life Insurance, Financial Reporting, Risk Management and Merger & Acquisition.
Romeo is the market thought leader of DB2DC, the conversion of Defined Benefit to Defined Contribution Plan. Being the global trend in “de-risking” pension liabilities, DB2DC also achieves the purpose of enhancing employee engagement and retention. He has assisted large and startup BPOs/SSOs, banking groups and Employers of Choice in the design, installation, employee communication and governance of DB and DC retirement plans as well as DB2DC initiatives.
Romeo also serves as Senior Consulting Actuary to life and nonlife insurance companies on product development, sales compensation structure, strategic business models, GPV/EV reporting, actuarial audit, Merger & Acquisition and IFRS17. His expertise is drawn from his wealth of experience with the largest global insurance companies in Indonesia, Vietnam, Philippines and Hong Kong in various capacities such as Chief Financial Officer, Chief Strategy Officer and Regional Chief Actuary for Asia Pacific.
Romeo is a Fellow of the Society of Actuaries (US), Actuarial Society of the Philippines, and Life Management Institute. He is also an accredited life, non-life, and HMO actuary by the Insurance Commission of the Philippines. He graduated with a bachelor’s degree in Management Engineering from the Ateneo de Manila University.
FAYE S. MIRAVITE, FSA
After completing her Bachelor of Science and Master of Science in Mathematics degrees from the University of Michigan (USA), Faye spent almost nine years acquiring consulting experience on US retirement plans with the predecessor companies of Watson Wyatt, Towers Perrin, and KPMG (Peat Marwick Mitchell) in Los Angeles, CA. For KPMG Peat Marwick Mitchell, Faye was a US Enrolled Actuary and an Engagement Manager, with consulting responsibilities for a portfolio of clients.
She joined the Company in 1994 as VP & Actuary, handling the accounts of major multinational clients, and took over the project lead on the actuarial valuations and consulting services for the Armed Forces of the Philippines Retirement System, including the World Bank sponsored valuation performed in 2005.
After joining the company, Faye coordinated the negotiations with KPMG Zurich, leading to an MOA establishing the company’s strategic alliance with KPMG Consulting Asia Pacific. From 1997 to 2002, the company became known as “KPMG Feliciano F Miravite, Inc.”
Faye was appointed CEO in 2001. Since then, she has been committed to bringing the company forward with the vision of continuous growth, as enhanced by multidisciplinary research and synergies between industry and academe.
Faye is a Fellow of the Society of Actuaries (USA) and holds a Dottore in Filosofia (Laurea) degree from the University of Florence (Italy) with a thesis on Ontological Hermeneutics. She is also a member of the Società Italiana di Autori ed Editori (SIAE) [i.e., the Italian Society of Authors and Editors].