Management

Engracio Ang, Jr.  comes from three generations of builders with a respected and pioneering "AAA" building contractor in the Philippines that built many familiar landmarks such as SM City North EDSA, SM Center Point Sta. Mesa, and the Manila Southwoods Golf & Country Club.  While his education and training has been on the field of business and finance, he has always kept his passion for building, as his father and grandfather did.    

He completed his degree in BS Accountancy at De La Salle University, Manila topping the CPA board exams in 1993.  He would later on complete his MBA at Nyenrode University in the Netherlands in 1997.  

With over 3-decades of business experience, he initially worked as a professional stock trader for Abacus Securities.   After topping the board exam, he was invited to join accounting firm SGV&Co. where he earned experience in the next 2 years having been exposed to among others, the construction industry.  In 1995, he joined his family's thriving AAA construction company as its CFO immediately implementing several modernization processes.  He took a leave of absence to complete his business school, and upon returning in 1997, the Asian Financial Crisis was in full gear.  He then navigated his family's exposed construction business through the turbulent Asian Financial Crisis, with much success.  In 2002, he rejoined financial services in the troubled pre-need industry. He headed the treasury operations and later controllership before being hired by another pre-need company in the same capacity.  He later served as its CFO steering it to a successful soft-landing rehabilitation, earning him a reputation as a financial turnaround genius.

In 2011, he founded NuGen Development & Management Corp. rekindling his passion for building.  The company completed its first project, NuGen Suites, a mixed use building in Poblacion, Makati in 2015.  The company has since expanded, with plans to soon build its second building in Makati, and currently developing leisure farms and a beach resort in Palawan.  

In 2020, he completed the acquisition of venture capital firm Fundcore Capital Corp. Its affiliate, Fundcore Development Corporation is focused on the niche residential build and sell market, land banking, and site development.