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Business

Pascual named MAP president

Louella Desiderio - The Philippine Star
Pascual named MAP president
Pascual.
STAR / File

MANILA, Philippines — The Management Association of the Philippines (MAP) has named Alfredo “Fred” Pascual as its president for 2022.

Pascual, who succeeds Aurelio Montinola III, is the group’s 73rd president since it was formed in 1950.

A former president and co-chair of the University of the Philippines, Pascual currently serves as lead independent director at SM Investments Corp, as well as independent director of other publicly listed companies such as Megawide Construction Corp. and Concepcion Industrial Corp.

He also sits on the board of the Institute of Corporate Directors, Institute for Solidarity in Asia, FINEX Academy, University of the Philippines (UP) Foundation, Philippine Council for Foreign Relations, and US-Philippines Society.

His other affiliations include being a member and past president of Rotary Club of Makati, honorary member of Philippine-American Association of Scientists and Engineers, and president of the global Association of Former Employees of Asian Development Bank (ADB).

During his term as UP president from 2011 to 2017, he initiated reforms to transform the institution into a research-intensive university, raise its international standing, and strengthen its public service capabilities.

Under his leadership, UP saw financial resources from the government budget, private donations, and income-generating projects increase, and the campuses were also modernized and expanded.

Prior to becoming UP president, he was Alumni Regent on the UP Board and served as trustee at the International Rice Research Institute and Philippine Institute for Development Studies.

Before serving as an academic leader, he worked at ADB for 19 years in different capacities including director for private sector operations, director for project finance, advisor for public-private partnership, and senior investment officer.

Aside from being behind a strategy providing the framework for ADB’s efforts to promote the private sector as an engine of economic growth, he was responsible for overseeing infrastructure and financial sector projects in countries such as China, India, Vietnam, Pakistan, Philippines, Indonesia and Afghanistan.

In the 1980s, he was a finance professor at the Asian Institute of Management.

His recent awards include the Philippine Presidential Lingkod Bayan Award, CEO Excel Award from International Association of Business Communicators Philippines, Asia Circle of Excellence for Global Filipino Executives, UP Alumni Association Lifetime Distinguished Achievement Award, and Rotary Golden Wheel Award for Higher Education.

Pascual graduated from UP with a Bachelor of Science in Chemistry and earned his Master of Business Administration degree from the same university.

Apart from Pascual, MAP’s other officers for next year are: Donald Lim, chief operating officer of Dito CME Holdings Inc., as vice president; Wilson Tan, chair and country managing partner of SGV & Co., treasurer; Romeo Bernardo, managing director of Lazaro Bernardo Tiu & Associates, assistant treasurer; Marianne Hontiveros, managing director of CEO Advisors Inc., secretary; and Alex Cabrera, chair emeritus of Isla Lipana & Co./PwC Philippines, assistant secretary.

MAP’s governors for next year include Cielito Habito, chair of Brain Trust Inc.; Chito Salazar, president of PHINMA Education Network; and Rogelio Singson, president and CEO of Metro Pacific Water.

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