Atty Darlene Marie B. Berberabe

President and Chief Executive Officer

Home Development Mutual Fund



Work Experience

President & CEO, Pag IBIG Fund, Nov 2010-present

Under her leadership, the Fund accomplished the following:


  • Segmenting of portfolios into the regular housing program and affordable housing program that will allow improvement of the quality of the Fund’s loan portfolios by targeting members more appropriately and provide housing loan programs that best suit their needs.
  • Use of full risk-based pricing framework that covers the Fund’s costs, its risks and a reasonable spread while taking into consideration market prices to make pricing competitive. With this pricing tool, changes in pricing and its impact can be easily assessed, and prices can be adjusted to reflect market conditions.
  • Use of borrower evaluation system similar to a credit scoring system being used globally by banks and lending institutions to evaluate the potential default risk posed by lending to a borrower.
  • The Fund obtained the highly-coveted ISO 9001:2008 certification in record breaking time of three months and 19 days. Pag-IBIG Fund is the first among key shelter agencies to get the certification and the fastest among government financing institutions. The certification is recognition that the Fund’s membership registration process is at par with international standards.
  • Launch of lowest interest rate of calamity loan at 5.95% from 10.75% per annum.
  • In recognition of the Fund’s proven expertise in home financing, the GSIS extended a P5 Billion credit facility to the Fund. Pag-IBIG Fund will now process all housing loans from GSIS members and employees.
  • Increased maximum loanable amount to P6M from P3M to expand its market and serve more members.
  • Under her leadership, the Fund has financed 95,000 housing units worth P65.4B by end of July 2012. In addition, almost P74B worth of short-term loans was made available to 3.7 million member-borrowers as of June 2012.
  • The Fund is also outsourcing the appraisal and collection services of the Fund to ensure better service and convenience for our members.
  • Implemented LGU and employees housing through participation in the Pabahay Caravan (housing fairs), criss-crossing all the country’s regions, bringing the message to almost one thousand local chief executives to market its programs. 
  • Conduct housing fairs quarterly with selected big employers in private or government, and in other countries for our OFW members. Housing fair is our forum where we bring our accredited developers and their housing projects closer to our members. This is also a venue where the Fund offers its acquired assets to targeted groups of members. Still part of the housing fair is the home matching service, which allows Pag-IBIG to assist its members scout for houses they can purchase based on their location and preferred price range.
  • Opened doors to informal sector by leading tie ups with FEJODAP and 1-UTAK, both organizations of jeepney drivers and operators, and SUMAPI, an organization of household services workers.
  • Her novel and active approaches to bring in as many Filipino workers into the Fund as possible had led to the significant increase in membership in 2011. To date, Pag-IBIG Fund has 11.3 million members, compared to 8.8 million members at the start of 2011.

Chief Legal Officer of Procter & Gamble Philippines, multinational, manufacturer of fast moving consumer goods (2004-2010)

Labor Lawyer in Baker & McKenzie Manila (Quisumbing Torres Law Office), (2000-2004)


UP College of Law Professorial Lecturer (taught Labor Law, Legal Method and Legal Theory) (2002-2006)

Labor Law Bar Examination Reviewer, Jurist Law Review Center, 2005-2008

Professor of Philosophy, University of the Philippines, Diliman (1988-1999)



Honors Received

Communication Excellence in Organizations (CEO) Excel Awardee given by International Association of Business Communicators (IABC) Philippines.  The CEO EXCEL Awards is a prestigious honor conferred annually by IABC Philippines on top-level business executives and organization leaders for their exceptional and ethical use of communication strategies and tools in their management and leadership to achieve business, environment and social development goals. Among the 2012 awardees, Atty. Berberabe was cited to have the shortest stint as CEO to receive the award.

Summa cum laude, BA Philosophy (only female among only 4 summas of batch 1989); finished college with highest honors in 3.5 years only.

Class valedictorian, College of social science and Philosophy, Class of 1989

Finished Master of Arts in Philosophy and recipient of Full Academic Scholarship to write her masteral thesis, UP Diliman

Class salutatorian, UP Law Class of 1999, achieved this honor while a working student (Philosophy professor by day, and law student by night)

First female Philosophy professor, UP Diliman (accepted as Faculty in 1988, right after college graduation)

Class Valedictorian, High School and Elementary, St. Bridget’s College, Batangas City




Mother to a 15 year old World Karate champion who has won 13 gold medals in 8 international karate tournaments.

Home baker who bakes cakes, breads and cookies.