Armand Arreza was born on November 20, 1971 in Quezon City, Philippines, the eldest of the three children of Andres C. Arreza of Cantilan, Surigao del Sur and Priscilla C. Arreza of Manila. His siblings are Arnel C. Arreza and Pamela C. Arreza.
He attended La Salle Green Hills (LSGH) for both his Elementary and Secondary Education, and graduated in 1985 and 1989 respectively. He earned his Bachelor of Science in Management Engineering at the Ateneo de Manila University in 1993. He received his Masters of Business Administration Majoring in Finance and Operations at the Wharton School of the University of Pennsylvania in Philadelphia, Pennsylvania in 1998.
During his study in the Wharton School, he became a trustee of the Wharton-Penn Club Foundation. He also later became the Chairman for the Youth Committee of the Rotary Club of Makati, Dasmarinas.
Prior to becoming the SBMA Administrator, He was a senior consultant for the Hong Kong branch of the Monitor Company, a multinational strategy consultancy firm.
From 2000–2002, he was the Chief Operating Officer of Globalstride Customer Services. After this, he became the Operations Director of the American International Group (AIG) Business Processing services, Inc. from January 2005 - September 2005.
In 2006, he became a member of the Board of Governors of the Philippine National Red Cross.
His initiation into the ranks of the Subic Bay Metropolitan Authority began way back in 1993. Fresh from college, he was among the first employees of SBMA, being a Financial Analyst for the corporation's privatization of infrastructure assets.
After his experience working with various multinational companies he returned to the political scene when he was selected in 2003 as the Undersecretary of the Department of Tourism (DOT). With his assistance, the department headed WOW Philippines Intramuros, a multi-agency initiative for revitalizing Manila’s historic district.
On September 2005, following the turnover of SBMA's management, he was appointed as the Administrator and Chief Executive Officer of the Government-Owned & Controlled Corporation. He stepped down on September 19, 2011.