The board announced that Mataki City Mayor Jejomar C. Binay has been elected vice president, Business World reported Tuesday.
Aquino, son of the late former President Corazon Aquino, garnered 15,072,053 votes in the final tally followed by 9,487,837 votes for rival Joseph E. Estrada.
The Filipino Congress will officially certify the election results on Wednesday.
Armed Forces chief Gen. Delfin Bangit has said there will be no coup attempts during Aquino's presidency.
"The Armed Forces today has achieved a very high level of professionalism," Bangit told ABS-CBNnews.com.
Bangit said he will follow Aquino's orders to step down once the election results are official.