Mr. Lim has been involved in several high profile cases in the Philippines, among which are the Poverty Eradication and Alleviation Certificates (PEACe) Bonds, the foreign ownership issue involving the Philippine Long Distance Telephone company (PLDT), and the Philippine Dealing Exchange (PDEx) cases before the Supreme Court. He also spearheaded the teams on some of the largest capital market-related transactions in the Philippines like the equity offerings of the Alliance Select Foods International, Inc., Ayala Corporation, Ayala Land, Inc., BDO Unibank, Inc., Bloomberry Resorts Corporation, Century Group Properties, Inc., Lucio Tan Group of Companies, Melco Crown (Philippines) Resorts Corporation, Travellers International Hotel Group as well as the bond offerings of the Filinvest Group, First Metro Investments Corporation and BDO Unibank, Inc. and the listing of the first-ever Exchange Traded Fund listed in the PSE.
Mr. Lim served as President and Chief Executive Officer of the Philippine Stock Exchange (PSE) from September 15, 2004 to February 15, 2010. During his PSE stint, he also served as President & CEO of the Securities Clearing Corporation of the Philippines (SCCP); Chairman of the Philippine Stock Exchange Foundation, Inc., (PSEFI); Chairman of the Capital Market Development Center, Inc. (CMDCI); Director of the Philippine Dealing & Exchange Corporation (PDEx); Trustee of the Securities Investors Protection Fund (SIPF) and member of Capital Market Development Council (CMDC).
As President of the PSE, Mr. Lim is credited with several reform initiatives in the Philippine Stock Exchange. He successfully worked for the passage by Congress of several business-related laws, namely, the Financial Rehabilitation and Insolvency Act (FRIA), Personal Equity Retirement Account Act (PERAA), Credit Investment System Act (CISA), Real Estate Investment Trust Act (REITA), and the Documentary Stamp Duty Exemption for secondary trading of listed stocks.
Mr. Lim graduated magna cum laude in Bachelor of Philosophy and cum laude in Bachelor of Arts from the University of Santo Tomas. He obtained his Bachelor of Laws degree (Second Honors) from the Ateneo de Manila University and his Master of Laws degree from the University of Pennsylvania, USA.
Law Professorial Positions & Legal Publications:
Mr. Lim has been actively involved in the revision of rules for Philippine courts. He is the Co-Chairperson of the Sub-Committee on the Rules on E- Commerce and Sub-Committee on the Rules on Notaries Public of the Philippine Supreme Court. He is also a member of Sub-Committees on Commercial Courts; Evidence and DNA Evidence. In such capacity, he actively participated in the drafting of the following rules: Interim Rules Procedure on Corporate Rehabilitation (2000); Interim Rules on Intra-Corporate Controversies (2001); Rules on Corporate Rehabilitation (2008), Rules on Electronic Evidence (2001), Rules on Notarial Practice, Rules on DNA Evidence, and Financial Rehabilitation Rules of Procedure (2013).
Mr. Lim is a law professor at the College of Law of the Ateneo de Manila University and the Graduate School of Law of San Beda College, and a professorial lecturer and the Vice-Chair, Commercial Law Department of the Philippine Judicial Academy (PHILJA). He frequently lectures before Philippine judges.
As a law professor, he handled various subjects like Securities Regulation, International Business Transactions, Arbitration, Evidence, and Partnership.
Mr. Lim has authored or co-authored papers published in both local and international publications on insolvency. Among his articles are: “Informal Workouts, Restructuring and the Future of Asian Insolvency Reform,” published by the Organization for Economic Co-Operation and Development (OECD), 294-297 (2003), OECD Centre for Co-Operation with Non-Members; “Getting the Deal Through,” INSOLVENCY & RESTRUCTURING 2002, series in 30 Jurisdictions Worldwide, Law Business Research 145 (October 2001); “The Philippines Establishes New Rehabilitation Rules, Designates Insolvency Law Court,” published by JOURNAL OF AMERICAN BANKRUPTCY INSTITUTE 18, The International Scene (April 2001); BENCHBOOK FOR COMMERCIAL LAW JUDGES, PROCEDURES FOR CORPORATE REHABILITATION; and “The New Rules on Corporate Recovery of the Securities and Exchange Commission,” 28 JOURNAL OF THE INTEGRATED BAR OF THE PHILIPPINES 79 (2000); and “Does Suspension of Payments Cover Foreclosure of Mortgages?,” 9 PHILIPPINE LAW GAZETTE 15 (1986).
Professional Membership & Affiliations:
Mr. Lim is an incumbent director of several companies, among which are the Energy Development Corporation, Producers Savings Bank Corporation and The Insular Life Assurance Co., Ltd.
Atty. Lim is the incumbent President of the Shareholders’ Association of the Philippines (SharePHIL), which is an organization that promotes shareholders’ rights in the Philippines.
Atty. Lim is currently a member of the Financial Executives of the Philippines (FINEX), Management Association of the Philippines (MAP), and Asia Pacific Real Estate Association (APREA) – Philippines.
Mr. Lim is the Chairman of the Judiciary Working Group of the National Competitiveness Council (NCC) and in such capacity represents the country in international fora.
Atty. Lim is presently a columnist in the Business Section, Point of Law, of The Philippine Daily Inquirer.