The Thirty-Year AIM Jubilarians:
The 1980 MBM CHARGERS
of Professor Horacio “Junbo” Borromeo Ph.D.
Compiled and written by Gel Tamayo
Edited by Gen. Vic Batac
MBM 1980 1
“A fool sees an enemy.
A wise man sees
a lesson to be learned.”
2 The Thirty-Year AIM Jubilarians
We are presenting this collective article anchored on several parameters,
among which are: our privilege to reminisce on our two-year sojourn; our
Alumni ideas about AIM; and our “pass-in-review” as MBM 1980 Cohort.
Lest we be misunderstood, allow us to clarify at the onset that, in this
write-up, like in a “talk-show magazine”, we do not intend to demonstrate
ersatz bravado or brazen braggadocio. We simply want to reminisce those
days in AIM as young, carefree people of that era, then release little bragging
rights in a good light, and tell the truth as we saw and experienced it.
We also wish to put in proper perspective that, given a sampling of
people, a number, in the course of human existence, would tend to have a
bit more in life. Expectedly, some would become Chairmen, CEOs, COOs,
CFOs, CMOs or CIOs of reputable business conglomerates, while others
would turn to be “successful” entrepreneurs. Some would have less in ranks,
titles and net assets. C’est le vie.
What is important to us, MBM Cohort of 1980, is one’s inner growth as a
person, and that one is always willing to get back on track and move forward
in life. We have no desire to irresponsibly compare each other, or insinuate
about another’s plight. This is merely our way of celebrating thirty-two years
of our lives.
As we have been evolving as AIM alumni and as business practitioners
for the past thirty plus two years, we believe we have earned the right to
provide inputs as well as constructive remarks and expect that appropriate
people in the AIM hierarchy will take heed.
The last portion is our way of updating each other. To those who would
care to read on, it provides tidbits on where we have been and where we are
now, thirty years after graduation.
MBM 1980 3
Our MBM Cohort’s Coordinator
Before, we lose ourselves in reminiscing, we want to focus the spotlight
on a key person in our two-year sojourn in AIM.
Our Cohort’s Coordinator at that time was a young professor named
“Junbo” Borromeo, one of the “stars” in the MM Program. His college
orientation was in Behavioral Science at the Ateneo De Manila. We were
pleasantly surprised to learn that he is again the MBA Program Coordinator
(i.e. the “Father Rooster”) for the MBA Class of 2010. This is historic in the
sense that in so doing, Prof. Junbo is uniquely bridging, perhaps for the first
time, two classes that are more than a generation apart.
How was Prof. Junbo in our time?
As MBM Coordinator, Prof. Junbo was strict and deliberate in
communicating policies and reminders. But he was well balanced in dealing
with us. He was not wont to compromise the high standards of the MBM
Program at that time. He was like a stern and acerbic boot camp drillmaster,
but with a marshmallow heart.
Somehow, Prof. Junbo was omniscient on what was happening at the
dorm, day in and day out. (We did suspect that he had people going over
our garbage or taping our phone conversations, then.) He knew who were
really studying and spending time with their can groups and those who were
just playing backgammon or ping pong. He knew about the night escapades
and those who sneaked back to the dorm
early the next morning. He joined us in our
periodic beer pubs. In many occasions,
“You are supposed
he found time to sit down with us during to be graduate
mealtimes at the cafeteria. He could
detect in-campus problems and he knew students, not kids.
how to push the right button or give the Don’t get caught,
right motivation to an underachieving,
downhearted, or frustrated student. if you want to do
Occasionally, he strummed his classical
guitar in a corner somewhere, while little
something funny or
huddles of us tolerated or actually listened dysfunctional.”
4 The Thirty-Year AIM Jubilarians
to his renditions that were not that bad, really. But we knew how to “keep the
After an exhaustive survey among classmates, we found out that in those
two years, many of us remember Prof. Junbo most for the following:
1. His booming, eloquent, deliberate voice, especially in convocations
and in the case room discussions;
2. His trademark high-pitched “whistle” which he often resorted to
when we were on the edge of “verbal chaos” during case discussions
and convocations, after which we would all be silent and one could
actually hear a pin drop; and,
3. His favorite line: “You are supposed to be graduate students, not kids.
Don’t get caught, if you want to do something funny or dysfunctional.”
Today, we once again proudly salute and raise a toast to Doc Junbo for
his passion and patience, tolerance and talent to guide and hone graduate
business students for more than thirty two years, during which he even found
time to earn his Ph.D. Indubitably, he is one of the few, ever loyal, senior
faculty members of AIM who is much revered and respected by students and
He still joins us on a regular basis during our Cohort’s get-togethers at
the Malacca Restaurant which specializes in Malaysian cuisine. It is located
along Jupiter Street in Makati City and is owned by a classmate Philip KC
Ng. It is undeniably our favorite watering hole.
We wish Doc Junbo all the happiness and the best of health… in the same
spirit that we convey the same wish to all our MBM Mentors.
So Here We Are Again, After 30 Years
Thirty years after graduation in May 1980, here we are once again,
happy to look back, carrying a plurality of mind-sets, work experiences, and
bringing layers of varying emotions, opinions, and visions.
For Starters, Highlighting Our Cohort’s Contributions
At this point, within the context of history and the MBM’s raison d’êtres,
we highlight a number of meaningful, (nay outstanding, or remarkable at the
very least) achievements and contributions by certain members of our Cohort
MBM 1980 5
to their respective communities, to society and to the world of business,
hopefully, to encourage and inspire young AIM MBA aspirants and the more
recent MBA graduates, and to let them see AIM MBM 80 in the context of
becoming Managers and Business Leaders,. After all, we came to AIM for
the MBM degree, and people would like to know what many of us had or
have done. We opted to omit the names of the achievers in the enumeration
below, so that readers can focus on the achievements. Can you guess who
1) The ever passionate Filipino CEO of a premiere NGO established
for the protection of the environment and endangered species, about global
warming and reduction of carbon emissions, and related concerns. He takes
pride in taking the lead on related or relevant educational initiatives;
2) The Filipino investment banker in that major financial team, who in
the early 90s succeeded in co-packaging and strategically assisted in the
launching of the now burgeoning and very progressive Bonifacio Global City,
beside the Makati Central Business District;
3) The Indian (now American) investment banker who quietly but
significantly helped in co-packaging the hefty funding for the first modern,
toll Skyway project in the south of Manila;
4) The young corporate banker in the early 80s who was the author of the
initial study for the Monetary Board of the Central Bank of the Philippines,
that became the basis for attracting and harnessing dollar remittances of the
Overseas Filipino Workers into the Philippines;
5) The Filipino global CMO for furniture exportation that carved in the
world map the now world-renowned Filipino furniture / interior designer and
the furniture brand which is now among Asia’s best and the most reputable
for “progressive Asian design fusion”;
6) The erstwhile Undersecretary of the Department of Trade and
Industry (DTI) and Head of the Board of Investments, who after over a
decade as a prized Senior Officer in one of New York’s top banks, came back
to Manila and pioneered the investment-promotion work that led to the boom
of the Business Process Outsourcing Industry in the Philippines;
7) the Filipino COO who pioneered in wholesale funding of SMEs and
middle class businessmen in terms of legitimate and respectable mode of
middle-class financing and micro-financing in the country;
8) the Malaysian who at a relatively young age became the CEO of the
6 The Thirty-Year AIM Jubilarians
world-renowned and no. 1 ASEAN conglomerate that is a leader in the
rubber industry and is also into consumer and industrial goods, agriculture,
motoring, and energy, among others;
9) the unassuming Filipino classmate who has been the South Asian
Region’s President of one of the world’s largest and most profitable
10) the key member of the original core group of young, reform-minded,
military officers in the mid-80s that sparked the 1986 EDSA People Power
revolution which resulted to the toppling of the Marcos dictatorship;
11) the smart Filipino duo that is undertaking the establishment of a chain
of reputable, modernized and streamlined hospitals in the Philippines;
12) the Malaysian CEO who, among his other entrepreneurial ventures,
successfully and sustainably introduced to the Philippine market the
ergonomically designed executive and office chairs and a complete line of
quality office furniture and furnishings;
13) the Singaporean CEO-entrepreneur-engineer that succeeded in
having his company listed in NASDAQ in the early 1990s. He was recently
awarded by the mainland Chinese Government the title “National Friendship
Award”; and he has recently launched a computer-IT firm that is known to
have the most advanced microprocessor in the world;
14) the Malaysian senior executive that made waves for almost a
decade in a multinational consumer conglomerate, while assigned as GM in
Malaysia, the Greater China VP (based in HKG) and the VP in Russia (based
15) the Filipino classmate, who has stayed for thirty-four years, and is
now a Head Partner in Tax Consulting in the respectable firm, SGV Group;
16) another Filipino classmate, who has remained for over thirty years
in a Filipino-Chinese conglomerate, and is now the overall Group Head of
Corporate Procurement in the mother firm that is publicly listed (i.e. in one of
the most trusted, higher positions);
17) the Korean finance genius classmate, who after being successful for
over a decade in a high Corporate Finance position in a big Seoul company,
finally preferred to take an HRD lead position in order to understand more
and appreciate better actual human behavior in the organization and in the
process have a more human view of his fellow Koreans;
18) the Canadian/Pakistani classmate who successfully owned,
MBM 1980 7
established and then sold the Dow Jones-Telerate franchise in Pakistan and
served as its CEO;
19) a number of Cohort mates who had been assigned as expatriates in
other countries and succeeded in their roles as CEOs, COOs, CFOs, CMOs,
Chief Country Officers, GMs and Regional Heads, in many ways whereby
AIM could stand proud of them;
20) the lady classmate who took over a family business and was
responsible for exporting Philippine marble and succeeded to supply halls
of five-star hotels and resorts in the USA, a commendable feat vis-à-vis the
traditionally preferred Italian marble;
and finally but not the least,
21) the passionate Deputy Fire Marshal for Eastern Metro Manila of the
Association of Volunteer Fire Chiefs & Firefighters of the Philippines, who
risked his own life in order to save hundreds of people in Marikina at the
height of the flood onslaught of Typhoon Ondoy in late September 2009.
What Matters To Us Now?
To most of us, age no longer matters. Or at least, we tend to down
play our having peppery hair, receding hairlines, balding pates, double-
vista lenses and visibly defined paunches. Some of us already have kiddy
grandchildren—“Ouch?” or “Is it Cheers?” The mind makes us prefer to stay
Oh, yes, as humans, we also care about comfortable living and putting
aside some funds after we retire, at the very least—and who wouldn’t? But,
we also rather not talk of who has stashed the most millions among us or
who has the biggest mansion or the flashiest and most expensive car. We
rather help, for example, in a quiet manner, an MBM classmate in dire and
immediate need—as the Cohort has proven.
To us, success is having true happiness as a person, or something close to
that, especially if one has been meaningfully contributing to his family and
his immediate community.
Given our druthers, we jocosely muse that scotoma may be our best
ally—that is, we only believe in what we prefer to think of, and we like to see
what we want to see (he, he). Talk about attitude and simply enjoying life to
8 The Thirty-Year AIM Jubilarians
What We Want To Impart Now?
This portion should have been placed in the latter stage of this “talk”.
But, we are apprehensive that the readers might not finish reading our article.
Who cares about thirty-year Jubilarians, anyway? Thus, we bring up now
these six, main, grouped messages. They are worth reading.
First Message: Too Much Cutting Down One’s Classmates
We want to convey to all, especially the Trustees, the Governors, the
Faculty, the Alumni and Students, that in our time, AIM emphasized so
“much protecting one’s own position” and “so much fending for one’s own
swim”, especially in the case rooms. The effect was that there was so much
of “cutting down each other” inside and outside
of the case room, in the guise of “may-the-best-
idea-win”, and then having to put on “calesa-eye
blinders” in order to survive, or to speak out more
often for one’s self to be noticed, especially in the
Then, each of us had to carry on with the
“paper chase ” in order to finish the MRR on
time for graduation in the last year. (Was there at
least another choice at that time? Our answer is
Yes. Many among us think so in categorical terms,
without meaning to hurt the MBM, now MBA
standards.) In retrospect, there was a long-term
Second Message: What AIM Did Not Teach Us?
Academically, during our time, the MBM
standards looked awesome. It was impressed on us
that AIM was Asia’s version of the Harvard Business
However, in terms of the business realm, the
Institute did not teach us the values and the core
MBM 1980 9
exercises of effective “alliancing” and
“networking”, starting with looking
after our own seat mates or fellow
dorm mates. Professors and cases
did not show us the effective ways
to make partners and subordinates
“bloom”, to grow and improve
together. We were not taught to
be conscious of mutually adding
value to each other or to the team or
one’s Company. Thus, AIM did not
teach us the value of “effective and
sustainable relationships”—-we did
not experience the “feeling of being
cared for” in those two years.
In terms of the environment, the
professors and the cases did not even
teach us “managerial initiatives” or
“believing in dreams” to protect the
environment when developing projects
that could affect nature around us.
They did not teach us the importance
of climate change and the significance
of reduction of carbon emissions.
In terms of ”Return to the School”
yardstick, we were not also taught, nor “brainwashed” to “soulfully belong
to” and to keep that good attitude of “giving back” to the Alma Mater.
No wonder, many of us —perhaps, even also true in other MBM and
MBA Cohorts—are not interested in coming to AIM to join important
activities and celebrate milestone events, what more the minor ones, albeit the
pre-announcements. No wonder, most graduates do not attend homecomings
or pre-scheduled group dinners or break-out events, even if they are just a
stone’s throw away. No wonder many of us prefer to be mere nonchalant
Yet we look around and notice that alumni of the PMA, the Ateneo and
De La Salle have that legendary fire in their bellies, and they meaningfully
10 The Thirty-Year AIM Jubilarians
articulate their loyalty to their Alma Mater, expressing this in sustainable and
concerted group activities. People can tell us that there could be other factors
that those schools have, which AIM does not have. Others may argue that
there is a process in time involved, that a graduate undergoes through the
years, and then, he or she may “come back”. But, we feel we are making a
distinct and not a distant point here that must be heard.
Perhaps, it is time for AIM, especially the Trustees and the Faculty, to
understand what we, as a well-meaning group of MBM Alumni, are trying
to say. We feel that AIM must also revisit the problem situation by starting
to look again at what is happening in the case room, even when the MBA
track has been reduced to only sixteen months. In the process, we hope that
something sustainable and consistently innovative must be done, especially in
the core MBA Program, which is traditionally AIM’s trump card.
To dramatize a case in point—we feel this is not an isolated one—allow
us to bring up an article written by Shasank Kalyan of MBM 1997, published
in the January-March issue 2008 of the AIM Alumni Leadership Magazine.
“I had one very bad day at AIM. I had volunteered to do the financial
analysis of a case for Prof. Felix Bustos’ class. I had worked through the
night and was late for the case in the morning. I put up the slide on the
projector and presented the cash flow statement. Immediately, my seat mate
Srini Kodali found some major mistake in my work and struck it down. Prof.
Bustos, being a highly diplomatic man, underplayed my mistake, spoke on
my behalf, calmed aggressive Srini down, and asked me to take my seat
beside Srini. To date, I remember asking Srini why he did not love his
neighbor a little more!”
How succinctly described, indeed.
Now, Mr. Kalyan runs his own computer institute in India.
But, please, do not get us wrong. We, the MBM Cohort of 1980, really
want to “give back”… perhaps, in some other equally important modalities,
hand-in-hand with the much addressed, direct “monetary form”.
Third Message: AIM’s Placement Office
After our graduation in 1980, the AIM Placement Office fell short in
helping many of us get good jobs. Many of us in the past had felt—too bad it
MBM 1980 11
has stuck and emblazoned in our brains—that AIM’s Placement Office was weak.
Because of that past misimpression, many of us in our MBM 1980 Cohort
still carry the belief that the Placement Office should be consistently effective
in helping our MBA graduates get better and more respectable jobs, year in
and year out, or every AIM graduate should be guaranteed at least a good job
like any masters graduate of any high quality North American or European
business school. And why not? This is AIM, isn’t it?
Well, people will retort that times have become harder, and may bring any
other rationalization there is. But that is a distant way of looking at the true
picture, and not facing the challenge and the adventure.
We hope the AIM Placement office in recent years till today has
tremendously improved. In this
connection, we ask all Alumni who ... we ask all Alumni who are
are Decision-making Employers Decision-making Employers and
and Bosses to bring AIM graduates Bosses to bring AIM graduates
into their companies, given their
substantial company budgets, and
into their companies, given their
assuming that the AIM graduate- substantial company budgets, and
applicants fit in well—that is, when assuming that the AIM graduate-
all factors in the job competition are applicants fit in well...
about equal or close to that.
Fourth Message: More Solid Corporate Sponsors Needed
Most of us in our Cohort have been “fence-sitters” all these years. But
that does not mean that we have abdicated our right to speak out. Perhaps,
we can be wrong here in terms of perception. Just like the Third Message,
the “fixated opinion” seems to stay in us. For example, we have taken the
impression that given the Institute’s 40 years of existence, there has been a
slack in terms of a strong network in building a more sustainable arsenal of
“corporate sponsors” in the Asian Region.
Any reference to Asian in the Institute’s name becomes incongruous, if
in truth there is no network of corporate sponsors that can sustain it. There
must be a steady CORE Group inside AIM that should be well focused in
building solid blocks of strong corporate sponsors or conglomerates from key
Asian cities, that are willing to invest on their human resources and send their
12 The Thirty-Year AIM Jubilarians
officers to AIM for further studies, especially in the MBA Program.
At the same time, we believe that the courses must be appropriate and
“best-fit” to the current times in the region, and for future requirements of
those corporations. For example, we see that there are very few students
from Korea, Japan, Singapore, Taiwan or the Middle East (Oh, yes, we are
aware of the Indian and the Mainland Chinese scholars.) when it can not
be denied that they are still among the heavyweights in the “then-and-now
factors” of developing and pushing for Asia. Thus, we wonder why, over
the recent years till today, these countries have not been sending on a regular
basis a good number of their MBA and MM scholars to AIM? And then we
have been calling our Institute “Asian”?
We can go on and on with this topic and support topics, showing certain
variants and modalities. A passionate and representative handful from our
MBM Cohort should be able to sit down on these with AIM’s authorities in
the near future, as we trust that AIM wants to listen to us, too.
Fifth Message: Our Role As Alumni In Relation To AIM’s Becoming
As MBM 1980 Alumni, we view ourselves as
a part of a “mystery” that is the unity of the past,
the present and the future, in the same manner
that thinking people and other Alumni Classes fix
themselves in time and space. AIM has carried a
40-year tradition, a great part of which is supposed
to show awe and wonder, and to attract the
newcomer-student and, hopefully every future Asian
Boss of the newly minted MBA graduate.
In the past 40 years, we and the older Cohorts
before us have witnessed AIM taking huge and bold
steps to renew itself, dealing with the present to safeguard the future. We
believe that making AIM more competitive and attractive to the market is
totally compatible with the original vision of the Founding Fathers, as long as
it remains steadfast in continuously accepting change and to innovate year in
and year out.
But, we feel it is vital to introduce change within a “continuum”, while
bringing in the value of past and present work experiences. It is a must
MBM 1980 13
to find new ways of defining AIM’s role and position in the future, in the
context of its past and present. Many of us in the 1980 MBM Cohort feel
that the “job” is really to “romance the future”, with doggone determination
and in the context of sustainability. The older MBM Alumni are a major
ingredient of that “continuum” and that “job”.
To totally discard that may not be advisable. Doing so will hasten
the chances of colossal failure for the Institute, especially amidst the
incessant regional and global competition. In addition, the older Alumni are
contemporaries of company owners, and CEOs and Chairmen of successful
We have heard that some of the senior Faculty Members have talked
about this same topic in the past years and in recent months, in terms of
embracing change and in facing the future.
Meanwhile, many of the Alumni may ask: “What is in it for us? What
have we got to do with AIM this time, when we have been through with our
“boot camp”? Our answer is: “A lot!”—-with the underscoring. We are
ready to line up our focused, rifle-approached initiatives, if only to keep up
high the AIM flag for many years to come.
Sixth Message: The Doctoral Program
To be more competitive in Asia and the Pacific region, perhaps, it is about
time for AIM to open its Doctoral Program, with two main directions: one for
the practitioner-oriented, and the other for the management research-inclined.
But both lines must keep that Asian depth and edge in view of the four
decades of Asian orientation in teaching graduate management and business
However, we are aware that going this time for the feasibility study, the
step-by-step technicalities, and the Government requirements is another story.
Well said, and enough of our sharing.
We believe that we are afforded this unique license and opportunity to
speak up precisely because we are Thirty-Year Jubilarians. We are optimistic
that our messages concerning the Institute will not be treated as mere
“picograms” of the total picture, and, hopefully, these will germinate into
more positive and sustainable initiatives.
14 The Thirty-Year AIM Jubilarians
Now, We Reminisce On Our Two MBM Years
Meanwhile, allow us now the leisure and the youthful fun to do our
collective reminiscing as MBM’s Thirty-Year Jubilarians.
Our First Year in AIM
There were over 250 MBM applicants who made the cut for our batch.
But, in early July 1978, only 113 of us arrived at the AIM dorm as young,
vibrant, aggressive idealists. There were 13 girls and 100 boys. Thirty-three
An older MBM alumni once said that, if you wanted to see pretty girls
while in AIM, you must not do the ogling and the socializing inside the
MBM 1980 15
campus, but go outside to get a more refreshing perspective, after too much
case-reading, and take a walk at QUAD or what is now known as Greenbelt.
But our girls in MBM 1980 were not only pretty, but smart and charming.
We accompanied them out for those walks.
Starting in our first year in 1978. we had five military scholars, all
graduates of the PMA, who were real gentle men and officers of the lofty
kind. They were: Cesar Bello (the logistics-oriented Colonel in the DND);
Vic Batac, (a Major who later became an original Core Group Member of the
RAM); Tony Siapno (a Navy Commander with a proclivity for diplomatic
spiels in the case room); Tony “Torch” Torres (the unassuming PMA
Valedictorian); and, Rudy de Castro (a jolly PAF helicopter Pilot).
We also had SGV scholars. They were employees of SGV who were
sponsored by SGV to take their masters in AIM. We would like to acknowledge
the trust that SGV has had in continuing to send its scholars to AIM. In our time,
the SGV scholars were: Ruben Rubio (who is still in SGV), Gil Palad, Albert
Toribio, Art Falco, and Alfred Severino. These guys more often than not, took
the center stage in our accounting, finance and marketing modules.
Dorm Life At Paseo
Entering dorm life at Paseo, which was somewhat a mandatory stay-in for
the first three months, was pure fun and adventure for us young people, especially
in making new acquaintances and even keeping lasting friendships. Most of us
stayed for two years in the dorm, which at that time, still sported relatively fresh
interior looks. Our age range mode in class gravitated from 20 to 26 years old.
16 The Thirty-Year AIM Jubilarians
The oldest was Col. Cesar Bello, a scholar of the Department of National
Defense. The second oldest was Rev. Fr. Beda Liu, a Chinese Jesuit. The
youngest was a pretty and a new chemistry Cum Laude graduate from Indiana
University, Kathy Co.
We had the ebullience and spontaneity of youth, like any other eager,
young, full-time, masters freshmen. We were reminded by the faculty at that
time that we were shaky and, at times, brash neophytes. We were told that
we still had lots of rice to eat and more
bottles of milk or beer to drink (the latter We were told that we still
would be preferred), before we could make had lots of rice to eat and
our bones in the proper corridors.
Just like the MBM 1979 ahead of us
more bottles of milk or beer
and the MBM 1981 after us, our MBM to drink (the latter would
1980 Cohort had the same AIM bricks be preferred), before we
and mortar that stood out in the wide, could make our bones in the
almost empty talahib (grassy reeds) fields proper corridors.
of Legaspi Village at that time. There
were practically no other taller or bigger
buildings nearby and around us, except the old Corinthian Plaza, the old
Pioneer Insurance Building, the old PAL Building, the old PCIB Building, the
old Charter House, and the old Standard Building.
Where the ACCM-Hotel building stands now, there used to be an
unpaved, pebbled, open parking lot and the cemented basketball court.
The late Fr. James Donelan, SJ, (of the dreaded freshman WAC Faculty
Department) would play one-on-one or three-on-three basketball with some
of us after classes late in the afternoons.
There was no huge, modern Greenbelt Complex in front. The non-
existing Greenbelt 1 and 3, as we recollect, used to be the improvised feedlot
area for the late Don Enrique Zobel’s cows, before they were sent to the
butcher’s house, and become good beef steak Tagalog and local hamburgers
on some people’s plates elsewhere.
At Christmas time, that feedlot area in front would be converted to a mini
carnival setting of a few kiddy rides and monster train thrill tunnel. Oh, yes,
some of us tried those rides and the dark train tunnel at night in those two
Decembers, in the guise of dates with some girls in the batch or from the
outside. Talk of simple joys.
MBM 1980 17
Where the Makati Shangrila
is now standing is the same place
where there was that famous
Rizal Theater and Rizal Cafe.
Aside from movies, the Rizal
Theater accommodated concerts
and musicals of the Repertory
The only “mall” near then was
the Ayala QUAD, whose main
entrance is now the Gate 1 of Glorietta Center, which still faces that old QUAD
After some slices of Shakey’s pizza and mugs or pitchers of draft beer, or
after buying siopao from the Kowloon outlet beside the old QUAD, walking
alone late at night from the QUAD to AIM was a bit scary. Paseo De Roxas
was mostly unlighted then in the evenings. Joints along Burgos Street in
Makati and that disco bar along Pasay Road (now Arnaiz Street) were among
the favorite hang-outs of many classmates, especially after submitting those
dreaded, hand-written, take-home WACs.
We also remember a Japanese restaurant along Pasay Road (Arnaiz Street),
where “can groups” or dorm roommates would go together and enjoy the “eat-
all-you-can” tempura at a reasonable price. A group of us saw a teen-ager
there win first prize in the annual eating contest at lunch time by finishing 38
tempura plates, including the fried veggies, minus the drinks. (Oh, my…)
We made friends in the old AIM dorm with the guys and girls of MBM
1979 and MBM 1981—the former included the now successful global banker,
Marlon Young, and the latter had the renegade military scholar, now Senator
Gringo Honasan, who was fun and nice to be with in the dorm, sometimes with
his pet baby boa constrictor, which he raised and trained from a war-jungle
corner of Mindanao. We also made friends with the charming and eloquent
young Muslim leader, Amina Rasul, also of MBM 1981.
We were true sports in tossing into the swimming pool near the sunken
garden a birthday celebrant or a classmate who got a Distinction grade in his
or her WAC. It was hard to run away and hide from at least 20 guys chasing a
“victim” at midnight, or after hearing a new Distinction WAC announcement in
class. There was definitely no escaping the pool-dunking ritual.
18 The Thirty-Year AIM Jubilarians
The MBM Cohort With The Lowest Group IQ Average
Many in our Cohort recall that, for a few times, the faculty assigned to us
would make insinuations, telling us in the case rooms in our first year, that
ours was the MBM Cohort with the lowest group IQ average, that had ever
joined the two-year MBM Program.
We just smiled and let their comments drift through the air vents and
doors. We wondered whether what the faculty declared to us about having
the lowest IQ average as a Cohort was also slung to every other freshmen
MBM class. Talk about KITA or Kick In The A___.
At that time, we were new in the Institute’s system and, perhaps, we could
not bravely answer back, because we were simply intimidated in our seemingly
neophyte predisposition. But we wondered whether the faculty forgot that we
were supposed to be taught to manage and, better, to lead. Perhaps, they forgot
that in managing and leading people, IQ is not
the only “Q” in the process. There are also
other important “Qs” such as the Emotional
Quotient, the Physical- Athletic Quotient, the
Artistic-Creative Quotient, the Intuitive
Quotient and the rest of the “Qs”. In short,
the Left Brain and the Right Brain factors.
Or as renowned psychologists Raymond
Cattell and John Horn would theorize, there is the “fluid intelligence” on one
hand, and the “crystallized intelligence” on the other hand.
In our Class, there was not much of inter-university “bragging”. Unlike
in present-day situations among young college students outside, the “air” of
“being” Green Archers or Blue Eagles or UP Maroons, and the like was not
really pronounced in our class. It was not our cup of tea as MBM aspirants.
Even the Indians and Pakistanis, while coming in from two different
cultures, were cordial and diplomatic. Perhaps, at that time, we were more
apprehensive of and in a hurry at night in mastering the skill of “speed-
reading” those long and seemingly abominable and lengthy cases. Maybe,
we were more engrossed with our two-year “paper chase” life—meaning,
each wanted to march on graduation night to make one’s parents happy. Or
each was more subdued and reticent in terms of feeling secured in one’s
culture and upbringing.
MBM 1980 19
Our First Year Professors
Our professors in the first year of MBM—the first year to us was the
initially dreaded boot camp—were:
Irene Schatz (M.A., U. of Hawaii) was our HBO professor. She tried
to get Bharat Parashar expelled for being “too arrogant and insulting of his
classmates.” Irene left for Seattle in 1981 and has not been heard from since,
but not before becoming Bharat’s good friend and tennis partner.
Suresh Seshan (MBA Harvard With Distinction) taught MACS
(equivalent of Managerial Accounting and Management Services) as a
visiting professor from IIM Ahmedabad for two years, then joined ADB until
he retired. He is now based in San Francisco.
Junbo Borromeo was our marketing professor in first year. He finally
finished his PhD in 2009.
For Finance, we had no less than Benjie Palma-Gil (AIM MBM With
High Distinction, and Ateneo de Manila U, Economics Honors Program). He
would become President and CEO of Philippine National Bank. Today, he
manages a bank in Los Angeles.
Quintin Tan taught Operations Management in the first semester. QT, as
he was fondly called in campus, got his MBA from UP, then went to Harvard
for the ITP or International Teachers Program. After retiring from AIM, he
would serve as Undersecretary of Department of Trade and Industry.
Dean of Students, Jun Bernardo, took over from QT for second semester
Operations Management. An MBA from Stanford, he would later become
Dean of AIM.
Mayo Lopez taught Environmental Analysis. Mayo had an MBM from
AIM, and an MPA from Harvard.
Rafael Azanza had an MBA from Harvard. But he did not teach us
Finance, which was his specialization; instead he taught WAC. He was
assisted by Rev. Father James Donelan, S.J., (former President and Rector of
Ateneo). Father Jim held Masters degrees from Oxford and Woodstock.
Finally, we had the unassuming Dean of Faculty, Gasty Ortigas, for
Quantitative Analysis. Gasty had an MBA from UP, and a DBA from
Harvard. During our second year in AIM, Dean Gasty would be hunted by
the Marcos military and he would flee to Sabah and later the U.S., where he
joined forces with Senator Ninoy Aquino. In 1986, Gasty returned from exile
20 The Thirty-Year AIM Jubilarians
and became Dean of AIM.
First Year Bragging Rights
In AIM’s history, our Cohort, in the first year, broke the MBM record
by producing three classmates who obtained the first “Distinction” final
grades in Human Behavior in Organization (HBO). They were Lory Tan and
Vincent Jayme. The third one prefers not to be named.
HBO at that time, under Prof. Irene Schatz, was a behavioral science-
based subject, where the structured analysis could be both subjective and
socially intuitive. Since the main mode was not quantitative, it was very hard
to shoot for a flat “D” final mark for the first year or remain consistently at
the top in every class session under her.
Some Rare Feats
We boast of ten classmates who did very well in Quantitative Analysis
(QA) under Dean Gasty Ortigas:
1. the quiet and unassuming full scholar Noel de la Paz (AB Economics
Honors Program, Cum Laude, Ateneo de Manila U.);
2. another quiet Indian girl, Bhavani Srinivasan (Magna Cum Laude,
B.A., Assumption College;
3. the relaxed and deliberate Leo Francis Gonzales (Industrial
Engineering from UP-Diliman);
4. the cool Francisco Abes, Jr. ( a Cum Laude math graduate from the
5. the affable but brilliant Gary Santos (Cum Laude geo engineering grad
6. the sharp Singaporean engineer, Chew Eng Seng;
7. the straight-shooter Magna Cum Laude Maryknoller, Minda Garcia-
8. the no-fuss Malaysian, Lim Chin Hock;
9. the BS Management Engineering boy from the Ateneo de Manila, Greg
10. the Cohort’s overall no. 1 graduate, Leow Kee Peng.
Of these top ten, in terms of numerical averages of assignments and
MBM 1980 21
exams, Noel de la Paz garnered a perfect 100% final grade for the whole of
In Finance I and II, we had the Korean scholar Johnny Jeong who
mesmerized us with his at least twice a week case room presentations, using
his handwritten financial worksheets (no Excel spreadsheets then), which
he religiously filled up every night, using only a pencil and a four-function
calculator. He often showed complete five-year financial projections and
conclusions, which made Prof. Benjie Palma Gil grin ear to ear. He earned
the monicker, the “First Year Finance Whiz Kid”. Notwithstanding his broken
Korean English, his finance presentations were always a marvel. After all,
Finance Math is universal.
We easily knew at that time that Johnny was having a meal nearby with his
caring Korean wife, with a toddler slung on her back, whenever their home-
made kimchi and chalbichim for lunch or dinner wafted all over the place.
In MACS I and II (i.e. the equivalent of Managerial Accounting and
Management Services Modules), the “HP”to “D-“ performers in class were
the likes of the SGV scholars, such as Ben Rubio (now an International
Partner / Head for Tax Consulting in SGV), Bert Torribio, Gil Palad, Art
Falco, and Alfred Severino. The other star performers in MACS were the
Citibank scholar and a Magna Cum Laude from San Carlos U. Ramon L.
Lim (now the Senior Chief of PNB’s Overall Treasury), Maritess Del Rosario
Bo-ot (the bright and practical girl from Maryknoll, now Miriam College, and
UP-Diliman) and Mon Diaz (another Magna Cum Laude in Accounting, and
now a resort entrepreneur in Negros Oriental in Visayas).
We cannot forget how seriously we involved ourselves as a Cohort in
Marketing I and II under Prof. Jun Bo, especially in preparing and submitting
the annual marketing plan project as a final exercise, before moving on to
second year. We had many sleepless nights and lost some weight because of
that project. When we reached the second year marketing classes under Prof.
Peter Garrucho, Prof. Bert Ladores and Dean Gabby Mendoza, we were very
much prepared for bigger battles and challenges.
Our Cohort to this day affectionately jokes about one of our younger
classmates, Lawrence Alandy Dy who managed to have memorized Philip
Kotler’s book. But truth to tell is that all of us, without exception in that
first year, had to read almost page by page the same marketing book daily,
because we seriously took Prof. Jun Bo’s advice, in that the genius Kotler
22 The Thirty-Year AIM Jubilarians
was the best preparation for us to face the case room marketing stalwarts in
second year like Peter Garrucho, Gabby Mendoza, Mel Salazar, Bert Ladores
and Vic Limlingan. The advice paid off.
No Apple PCs Yet For Practically All
Just like MBM 1979 and those ahead of us, our MBM 1980 Cohort did
not have the pleasure of having desktops or PCs. There were only five people
in our Class who had desk top computers at home at that time, which was
the Apple II PC model (and not in full color screen yet). They were Henry
Brimo, the Indonesian lass Dewi Sodoermono, Lim Chin Hock, the humble
Indian girl, Bhavani Srinivasan, and Chito Nepomuceno. Dewi left us after
the first year. Word was she moved to Europe to study something else.
However, even before the market influx of the first desktop PCs, we had
classmates who were already adept with traditional “medium and large frames”
such as those of IBM, Burroughs and NCR. Those computer-frame classmates
were Philip Huang, Leo Francis Gonzales, Gary Santos, Leo Biscocho, Jun
Abes, Roger Py, Lim Chin Hock, Chew Eng Seng, and Anand Padi.
Ordeal With 4-Function Calculators and Manual Typewriters
The majority of us survived in doing our nightly chores on financial
projections by using the simple four-function calculators, especially in
tackling Finance, Marketing. MACS, Quanti, and Banking cases. We had
to be patient in typing our formal reports and MRRs with the now Jurassic
manual typewriters (No pun
intended, OK?). Erasing
typing errors was literally
a real darn ordeal. We had
no choice. Talk of nights
without much sleep to beat
those dreaded deadlines.
The young MBA students
of today are so lucky with
the latest, fastest, wireless
laptops and other gizmos.
MBM 1980 23
The WAC Syndrome And Other Nuances of Campus Life
We could not forget the WAC that was hung
above our heads like a “Sword of Damocles”.
Our WACs were submitted, more often than not,
handwritten on yellow pad sheets, plus one’s
yellow work sheet attachments, if needed. If you
had a very small, natural penmanship, you were
sure to be dead meat. In the first three months,
many of us got dog-ear notes that said V.G.,
meaning, the kind words, “Verbal Garbage”.
(Nothing more, nothing less.)
In the dorm, our favorite midnight snack was the hot pan de sal, dabbed
with Queensland or Anchor butter. If there was no butter in the dorm, we
were happy with the classic Dairy Cream. If there was no more pan de sal,
we learned to cook ramen in our rooms using electric boiler-pots. With
fresh eggs, hot ramen was really good. At times, Rakesh or Madhu or Bharat
Parashar would share with us their “chapati bread” and leche flan-like
desserts called “gulab jamun”. Some of us who had residences nearby had
our parents or relatives bring us home-cooked food at night. Other Filipino
dorm mates also convinced some of the foreigners to try the Filipino delicacy
“balut”—the taking of it was found to be an adventure and a novelty. We
ate our snacks in small huddles in our dorm rooms at midnight, before going
back to our Can Groups till the wee hours.
The best time to openly drink beer was during occasionally SA-scheduled
Friday night beer pubs, Asian cultural event-parties, and Christmas parties.
We had simple joys.
Classmates We Cannot Forget
In our first year, we took notice of our classmate-entrepreneurs like
Winston Kawsek, Roger Py, Lory Tan, Bong Layug, Philip KC Ng, Vince
Jayme (especially his playing in the stock market, while in between classes in
the mornings), Danny Goquinco, and Minda Garcia.
The coolest guy inside and outside the case room was then Major Vic
Batac. But he was always ready to launch his well-studied salvos if called
24 The Thirty-Year AIM Jubilarians
upon by the professor to talk.
Danny Goquinco passed away in San Francisco
in 2005 (May he rest in peace). Danny’s coup in
Environmental Analysis was really classic. Instead
of submitting a written analytical report, he handed a
cassette tape to Prof. Mayo Lopez, and in front of the
entire class, he asked the inscrutable Mayo to simply
listen to his taped analysis and conclusions. Danny
averred that he did not like writing down his own long
report. We cannot forget how Prof. Mayo tried very hard to maintain his
composure but his red face was a dead give away of how he felt. Both broke
into a repartee in the Ilonggo dialect which many of us did not understand.
We also remember in prayer Linda Perez, Zakiah Bte Haji Ismail, and
Makmod Mending who had
already gone ahead to the
Great Beyond. Makmod
died in a bombing attack in
southern Mindanao in 2003.
We heard that he was doing his
prayers inside a mosque at the
time of the attack.
Among us, the surviving
Cohortmates, we cannot forget
the simple but generous Winston Kawsek (whose family has been in the
business of packaged food distribution networks, especially Kraft brand) …
meaning, if we had a class project, be it a class outing or something else,
Winston would slowly simply ask: “How much is the cash deficit, so we
can move forward?” Then, he would write a cheque right in the case room
to solve the financial problem, period. (Talk of easily finding a financial
solution for us, man. Oh, goodness.)
Winston to this day has not changed his ways. He is still much of an
entrepreneur these days.
The Late Dean Gasty Ortigas
Our Batch will never forget the simplicity of the late Dean Gasty
MBM 1980 25
Ortigas. He would repeatedly tell us in the case room: “If the process is
too complicated, either someone is trying to hide something with many
convoluted things, or something must be terribly wrong at the start.” That
stuck well in our brains to this day.
Then, the big surprise came to most of us, including the military scholars
in our Cohort. Dean Gasty had to “disappear” to escape the claws and chains
of the Marcos dictatorship, only to return to AIM after EDSA I. The rest is
history. May he rest in peace.
Dean Gabby Mendoza
We cannot also forget a couple of times when Dean Gabby
Mendoza guested in our HBO and EA classes. One day,
Lory Tan (now the passionate CEO and Vice-Chair of WWF
Philippines) and the pretty Dedette Singson were defending
a position on a behavioral analysis of a case. Dean Gabby
himself was getting exasperated with the weird reactions
of certain classmates in the case room. Then, he audibly
remarked, “Well, now I know that we have lots of Philistines
in this class.” After class, someone bravely asked Dean Gabby: “Sir, what
are Philistines?” (Talk about attitude and IQ.)
The other recollection we have of Dean Gabby is this. He said: “In AIM,
here is the place where you are allowed to make big mistakes. In the real
corporate world out there, if you make such big mistakes, you will be a goner.”
Dean Jun Bernardo
Dean Jun Bernardo was Dean of Students in our time. Well, he was
feared by all. Later on, we realized that he had to put on that strict demeanor
for the right purpose. Who would not?
Dean Mel Salazar
We all loved and respected the teaching style of Dean of Faculty, Mel
Salazar (MBA, Harvard). He taught us Business Policy I and II. He was
straightforward, incisive but not fussy.
26 The Thirty-Year AIM Jubilarians
In second year, Dean Salazar was a “god of Olympus”. We were all ears
to him from Day One. We will never forget that very long case that starred
an entrepreneur-boss, named Monsieur Latoure. We bled for it, including the
final paper, which was like writing an MRR.
Dean Salazar’s favorite lines for us were: “There is no one fixed solution.
It depends on xxx…” ….and “I am not here to teach you intuition and
Prof. Edilberto C. De Jesus
Prof. Edilberto C. De Jesus (Ph. D., Yale), the incumbent AIM President,
taught us Management of Change. That was one of the most populated
subjects in our second year. Prof. De Jesus appeared to us as a mild
mannered but deliberate academic. You would be ashamed if you came to his
class without at least reading the case assigned. His two favorite lines for us
were: “You must be always ready to face change and manage it. Believe in
and apply the principle of “Management By Walking About” or MBWA.”
Prof. Heinz Riehl of Citi NY
Also in the second year, we were lucky to have as our main professor in
Foreign Exchange Operations (Banking and Finance), Mr. Heinz Riehl, who
was Citibank NY’s respected global guru and leading textbook author for
Foreign Exchange Marketing and Bourse at that time. He taught us in class,
using his own globally famous book in FX Bourse. Seven classmates got
final marks ranging from“D-” to “D“ from Mr. Reihl.
Our classmate, Chito Nepomuceno, topped that FX course with a 100%
numerical score in the final exam and in the quizzes. Another first in
AIM’s history in terms of the second year subject, FX Operations and the
International Bourse. Prof. Benjie Palma Gil co-anchored the Bourse Game
with Mr. Riehl, in the latter stages.
In our second year, Bharat Parashar, toned down on his abrasiveness, and
was really liked by the Cohort. Maybe, the first year MBM sweet girl, Cely,
whom he married after AIM, had tamed him in the process, even before their
wedding. If our recollection does not fail us, Bharat obtained the highest final
grade in the Advanced Marketing Course under the industry’s respectable
MBM 1980 27
marketing guru, Peter Garrucho (a Summa Cum Laude grad from De La
Salle and Stanford U., later CEO of RAMCAR, then Executive Secretary in
Malacanang for a while, and now CEO in one of the Lopez companies).
The Glory of Fr. Donelan’s Grand Tour
In our second year, the late Fr. James Donelan, SJ, or briefly called as
Father Jim, came back from his USA sabbatical, and he continued presenting
his once-a-week evening Grand Tour in the case room.
Students and professionals from the outside would fill up the case room.
As a man of literature and humanities, it was Fr. Jim’s passion to show
distinctly organized sets of color slides of great places, palaces or even simple
abodes, marvelous architectural works, sculptures and paintings from Europe,
Middle East, America, and Asia, including the wrap-up night, which filled up
the big case room.
The slides were presented in schedules with sub-themes. Those color
slides were taken by him in his overseas trips during the past three decades.
Since in our time, there were no dazzling color Power Point Slides,
no personal digital cameras with automatic blue tooth projections and
connectivity or wifi, and no National Geographic Documentaries via sat feeds
yet, nor DVD hardwares, we were just happy with watching well-preserved
color slides in the dimly lit case room.
Prim and impeccable with his Oxford necktie and dark blue blazer (with
the standard Oxford seal patch on the left side), Father Jim would vocalize
the ad libs, based on his organized outline, as he would bring out lessons
from the projected color slides. We had fun and imbibed the additional
learning. We would call Father Jim, the “Renaissance Man of AIM”.
He had such great passion in presenting his Grand Tour. It was actually
a kind of “humanities and philosophy sojourn” for the interested MBM and
MM students in our time. Too bad, the Grand Tour stopped after his demise.
But to us who watched Father Jim’s scheduled Grand Tour, his memory and
his insights will remain emblazoned in our hearts and minds forever.
Many of us remember the insights that the late Fr. Donelan shared with us
and even in his homilies in the chapel. One cannot forget that particular spiel
one day. His deliberate, cool lines went something like these:
“You people are lucky in your life’s journey. You have passed through a
28 The Thirty-Year AIM Jubilarians
great cross road, whereby you have seen ...you should be able to
the coming of the celluloid film, the beta tell yourself that with your
max, the Sony Walkman, and the first
Apple personal computer. The world is
experience of holding and
changing fast. But I worry for the youth, digesting a book or novel,
because of the new and modern electronic and reading the classics, as
gadgets coming into the market. Young well as your laborious use of
people these days might tend to have the slide rule and the basic
less enthusiasm and less zeal to sit down
and read the great classics and the best
literature. But you guys have experienced in the past, you were able
sitting down in some quiet corner to read to deeply and effectively
the assigned and the unassigned literary exercise your minds and
masterpieces. Even when the Apple stretch your imagination, far
computer or its competitors with new
models will multiply in the market, you
into the enviable realm of the
should be able to tell yourself that with great authors and mentors.
your experience of holding and digesting
a book or novel, and reading the classics,
as well as your laborious use of the slide rule and the basic four-function
calculator in the past, you were able to deeply and effectively exercise your
minds and stretch your imagination, far into the enviable realm of the great
authors and mentors. And all these are a great experience and a gift which I
hope will remain with you for a long, long time.”
Many of us in our Cohort and among the earlier MBM graduates have
always thought that Father Jim was correct, even to this day. He did not
live longer to see and experience today’s much faster and mind-boggling IT
gadgets, the cell phones that come as new variants every six months, and
the faster softwares. But if he were still around, his philosophy and insights
would still be articulated, if only to help safeguard the old but true and
timeless values. For Father Jim, “Requiescat in pace”.
Our Second Year CORE Professors
In the second year, our professors in the Core Subjects were:
Peter Garrucho for Advanced Marketing I and II (MBA Stanford);
MBM 1980 29
Dean Mel Salazar for Business Policy I and II (MBA Harvard); Dean
Gabby Mendoza for Advanced Finance and for certain prerogative-
wrap-ups, as Dean and President then (MBA Harvard, With Distinction);
Edilberto De Jesus for Management of Change Module (Ph.D., Yale,
now AIM’s President); Bobby Lim for Source and Uses of Power (Phil.
Military Academy, US Naval Academy, and Harvard); Vic Limlingan for
Development of Enterprise or Entrepreneurship (Ateneo MBM and DBA,
Harvard); Prof. Vicky Licuanan for Banking and Financial Institutions
(the respectable banking and investments guru then, with a Doctoral
track in Harvard and now the Dean of AIM); Bert Ladores for Advanced
Sales Management (MBM, Ateneo); Toby Canto for Controllership and
Advanced Financial Strategies (MBM, Ateneo); Doc Ned Roberto for
Applied Marketing Research (Northwestern U., DBA in Marketing, and was
a direct student of the famous marketing author, Philip Kotler); the cool and
articulate genius Dean Ed Morato for Advanced Finance and Development
Finance (AIM MBM, With High Distinction, and Ateneo Economics Honors
Program); Armando Buenviaje for Personnel Management (Doctor of Civil
Law, UST); Mayo Lopez for Business Ethics and Leadership (AIM MBM
and Harvard MPA); and Heinz Riehl of New York Citibank Head Office for
Foreign Exchange Marketing and the FX Bourse, together with Professor
Benjie Palma Gil (MBM With High Distinction).
We might have missed other professors. Our apologies, if we did. It was
Reminiscing Our Second Year
Individual MRR Or Put Up A Business?
We were given a choice: to write an individual MRR (a written thesis and
must orally defend it before a panel of three) or to set up a Business Option
(an entrepreneurial business) as a joint venture of three classmates and give
a periodic written “Total Report” on how it is faring, till the last three weeks
before graduation night. Most of us signed up for doing one’s own written
MRR. We recall one unusual written MRR by Nibbyi Shah which was about
raising deadly crocodiles in a farm in Palawan. (But, his defense was not
30 The Thirty-Year AIM Jubilarians
fatal. He passed it.)
Another classmate, Tiny de la Paz (now he is called
Mar in the NGO world) the Magna Cum Laude young man
from Davao, wrote an MRR about pomelos. While writing
his MRR draft in the dorm, he would joke about the need
to produce hybrid pomelos that are squarish, rather than
the naturally round ones, to maximize usage of spaces in
delivery boxes. In the end, he got a “D-“ in both the written
MRR and his oral defense—a clean pass, and, we recall, it
was one of the highest MRR final grades in our Cohort.
The chosen MRR businesses by some of us were: a
socio-economic venture involving jailed youthful offenders;
T-shirt manufacturing and selling; sandwich spread
manufacturing; putting up a printing press; manufacturing
and selling a native alcoholic drink, to name a few. At that
time, simplicity was the thing.
Bragging Rights Upon Graduation
On graduation night, we marched as 97 MBM grads
(that’s about 85++% success rate just for that night). We
cheered for five With Distinction classmates. Others also
passed their MRR defenses and made final copy submissions
some weeks after that graduation night.
The With Distinction guys on graduation night were:
Leow Kee Peng (Biological Science, Magna Cum
Laude, University of Malaysia)), Greg Domingo (BS
Management Engineering, Dean’s Lister, Ateneo de
Manila), Jun Abes (BS in Math, Cum Laude, Ateneo de
Manila), Leo Biscocho (Dean’s Lister, BS in Mechanical
Engineering, De La Salle Taft), and Mike Soledad (BS in
Business Admin, College Scholar, UP Diliman).
However, we found out later that there should have
been eight With Distinction graduates in our Cohort. Unfortunately, AIM’s
policy limited Distinction awards to not more than the top five percent of
the entering cohort. We were just mere mortals then, who had no right to
MBM 1980 31
question the gods of Mt. Olympus.
Three With Distinction guys (Jun Abes, Leo Biscocho, and Mike Soledad)
stuck to each other as regular, nocturnal Can Group mates during our second
year (without let-up, really), and it was a must-do to each of them each night,
such that no one would come to the can group table unprepared. Thus, it was
not surprising that they all graduated with flying colors.
Our Leather-Bound Yearbook On Graduation Night
On our graduation night at the sunken
Zen garden, we did not only receive our real
MBM diplomas in dual languages, but we
also presented to our Parents, the Faculty and
Trustees our leather-bound, gold-engraved, well-
printed MBM / MM Yearbook. Many eyebrows
were raised that night. A core team in our MBM
Batch led the editorial staff and the business side
of things for that particular yearbook.
That feat of delivering our Yearbook on
graduation night was unprecedented in AIM at that
time. Leow Kee Peng, our no. 1 With Distinction
classmate (a Malaysian) defended his MRR
with flying colors as early as the second week of
January in 1980, and thus was able to focus his editorial skills, together with
hard-working Col. Cesar Bello and the lean staff of classmates, in finishing our
Yearbook very much on time, even before graduation night in May 1980.
Vincent Jayme, Lory Tan, Winston Kawsek, Mac Hermoso, Monty
Salgado, Chito Nepomuceno, among a few die-hards, collaborated to
complete the coffers and totally pay for our Cohort’s Yearbook’s printing and
timely delivery, including the fine leather-bound covers in gold engravings.
How did those guys do it? That is a kept secret. But we thank Mac Hermoso
for his generosity in providing the swatches of pure leather that were used for the
yearbook’s covers. Mac’s family owned a huge tannery in Bulacan.
We will never forget the passion of Lory Tan and his ilk of zealous
photographers, often making stolen shots on us, whenever they could. Talk
about use of resources and time management.
32 The Thirty-Year AIM Jubilarians
Mens Sana In Corpore Sano
Our Cohort’s team became the basketball champ in the intramural and
inter-alumni annual tournament in 1979-80, under the court-savvy and foxy
leadership of the Ateneo varsity-fame Bong Layug and Cito Alejandro,
together with Naqi Azam, Vic Bocaling, Bobbit Suarez, Augie Palisoc, Vince
Jayme, Albert Toribio, Ernie Que, Ricky Lacson, Leo Echauz, Gel Tamayo,
Bobby Cruz, and Chito Nepomuceno. Naqi Azam was such a spitfire forward
and a terrific rebounder. He was named on and off the court by another
spitfire himself, Augie Palisoc, as the Voltes Five Kid.
Aside from basketball, several classmates went crazy over ping-pong
and backgammon. There were many late night ping-pong and backgammon
sessions by Nibby Shah, Bong Layug, Rakesh Mehta, Gary Santos, Roger Py,
Bharat Parashar, Chito Nepomuceno, Johnny Jeong, Dulce Posadas, Evelyn
Co, Shodan Purba, among others.
Only a few guys were regulars in the swimming pool. We wondered why.
Our SA Chairman In Second Year
Also in the first month of our second year
in AIM, Augie Palisoc did an unprecedented
feat by winning the SA Chairmanship (in the
Student Council) with a wide margin, even
though he did not have a well-oiled, organized
political party. It was also the first time that a
non-fraternity candidate (in the person of Augie
) won the highest student political position in
the AIM campus. How did he do it? That is
another kept secret.
Augie Palisoc was a Dean’s Lister and received the prestigious
Leadership Award in our MBM graduation night. Augie has stayed for
over 25 years in the same revered conglomerate, Metro Pacific Group,
starting with those first days in HK. He remains as a stalwart “think-tank”
and “M&A quiet executioner” beside the global business guru, Manuel V.
Pangilinan of the famous PLDT Group. Together with Augie in Metro Pacific
Group is the Quanti I and II super whiz kid of our Cohort, Noel de la Paz.
MBM 1980 33
New Motherhood While in MBM Schooling
In our second year, we welcomed a new mother in our Cohort, Maritess
Del Rosario-Boot. Because of her new motherhood, she decided to kiss good
bye her chances to work for a With Distinction rank on graduation night.
But, she was really good in academics, even with the challenges of taking
care of her first infant.
34 The Thirty-Year AIM Jubilarians
As MBM ’80, Where We Are Now?
The Entrepreneurs Among Us
As of this day, thirty-three in the Class are entrepreneurs. That is more
than 30%. You will read who they are in the “data liners” of our “pass-in-
Our entrepreneur Classmates are into furniture manufacturing and
marketing, 5-star hotel interiors renovation, real estate development and
selling, restaurant business, private development banking, financial advisory,
management consulting, restaurant business, automated laundry services,
agriculture, prawn farming, resort management, marble exportation, graphic
design, apparels’ manufacturing and marketing, orchard-farming, gas stations,
commodities trading, equity capital, stock exchange and securities dealing,
venture capital, security services, pawn shop business, footwear business, realty
brokerage, computer-IT, software development, dental equipment marketing,
fashion jewelry, children’s bags, children’s wear, veterinary medicine,
pharmaceutical laboratory, retail meat business, medical transcription,
biological research, and airplane and airport equipment marketing.
Our entrepreneurship-oriented Professors should be happy to know that a
good number (about one third) among us have become entrepreneurs.
Ten Have Stayed Long In Their Companies
However, as career executives, not as entrepreneurs, ten of our classmates
have remained in their same corporate group for twenty years or more,
and did not leave their jobs. The record holders are Ben Rubio of SGV as
International Partner and Head of Tax Consulting (for 34 years and counting);
Eddie Yap of the Gokongwei manufacturing group as the head for the
Group’s Purchasing (for 30 years and counting); and Mar (“Tiny”) de la Paz
(for 27 years) in the Del Monte Group—he retired in 2007.
The other seven, who have stayed for at least about twenty years (and
still counting) in their firms or conglomerates as executive and managerial
employees, are: Augie Palisoc (Metro Pacific Group), Vic Bocaling
(Swedish Match), Gigi Zenarosa (Philippine National Bank), Bobby
Cruz (Philippine National Bank, although Bobby recently retired), Gerry
MBM 1980 35
Bacarro (Pfizer—now as the President of the South Asia Region for Pfizer
Worldwide); Jun Abes (Bank of Nova Scotia Group, Canada); and Ernie
Que (Ameriprise Financial in the USA).
The Dedicated Military Officers
We also salute our military classmates who stayed much longer in the
defense establishment or uniformed services as dedicated career senior
officers. These are Cesar Bello (Assistant Secretary), Vic Batac (Two-Star
General), Tony Siapno (Rear Admiral), Torch Torres (Colonel), and Rudy
de Castro (Lt. Col.).
We also doff our hats to other classmates whose “data liners” may have
not been included or were late in coming for printing them here, but they
have been the quiet and unsung heroes and heroines in their communities in
those past thirty years and perhaps in recent days.
The Passionate Advocates In Civil Society
We respectfully and dearly acknowledge our Cohort mates who are
active in commendable Advocacies, and in civic and religious types of
commitments. They are:
Lory Tan and Mar (Tiny) De La Paz (in tirelessly spearheading pro-
environmental initiatives and pro-protection of endangered species, and pro-
environment educational projects in WWF Phils., an in-country unit within
the world’s leading and largest pro-environment NGO);
Ricky Lacson (in Gawad Kalinga in Negros);
Dulce Posadas-Blas (Sugar Industry Foundation, Inc. with sugar
workers in Panay);
Jayaram Mamidipudi (in a medical-educational Advocacy in India with
the aim of abolishing child labour in all its forms and mainstreaming them
into formal schools, thus benefiting about 300,000 children);
Retired Police Director Vic Batac and the PNB Treasury Ramon L. Lim
(in the Philippine National Police Foundation Inc. (PNPFI) the organization
established to assist and support the PNP in terms of equipment that will
enhance the latter’s capabilities to shoot, move, communicate and investigate);
Art Falco (in the Tapaznon Foundation, Inc., which extends medical and
dental missions, including cataract operations and scholarships);
36 The Thirty-Year AIM Jubilarians
Nolo Quezon Avancena (in the Foundation for Enterprise Management
Innovations, Inc. (FEMI), an organization engaged in assisting SME’s grow
their businesses, through credit and training, so they can generate additional
employment, thus, can attain poverty alleviation and go for nation building);
Fred Severino (in livelihood assistance projects for low income families
in his community);
Leo Biscocho (in Catholic-parish related, pro-people projects in his
immediate community in his county in California); and
Roger Py, the never-say-die classmate, who has been the Deputy Fire
Marshal for Eastern Metro Manila of the Association of Volunteer Fire Chiefs
& Firefighters of the Philippines, and Fire Chief of the Marikina Filipino
Chinese Fire Brigade Volunteers (recall Typhoon Ondoy and the floods in
late September 2009).
The last man, but not the least in heart and passion, is the humble and
friendly Fr. Beda Liu who is still active as ever in the Lord’s vineyard as a
Roman Catholic priest.
We admit that we need to update the list to include those in similar “pro-
Now, Here Is Our Cohort’s “Pass-In-Review”….
But We Miss Many Classmates
Before proceeding, we wish to convey to all that our Core Group for the
February 2010 Grand Homecoming had tried to contact as many classmates to
obtain information in order to write their updated “data liners” and to complete
our information-data base. Much time was allotted. We had asked around. We
tried calling. We availed of the modern communication facilities to contact
them. We even emailed other people, and resorted to opening “Facebook” and
whatever global “Twitter” there is.
It is not really our intention to leave behind the rest. We miss those
First, The Girls In Our Cohort
Aida Aladad Kahn is the wife of our other classmate Nik Yaacob. Both
studied with us.
MBM 1980 37
Dedette Singson-Bautista is the pretty but
sharp lass from Assumption. She married the
famous bar topnotcher, Atty. Ayo Bautista. Dedette
for a time worked with Citibank Manila.
Chia Yoke Sien, the Singaporean lady, is still
connected with the Singapore Airlines Group
subsidiary, SATS. She is holding a high position
in that firm. Her tenure with the company has
probably allowed her to be the first among those to
receive and witness the arrival of the Airbus 380 at
Chiangi International Airport.
Evelyn Co Pasiliao after AIM, joined PNB as a Management Trainee
and became an Assistant Vice President for Corporate Banking. In 1994, she
left the bank to join the family stockbrokerage firm, Aurora Securities, Inc.
to help set up and manage the backroom operations. She migrated to Canada
in 2001. She is now semi-retired doing consultancy jobs once in a while.
With her family, she lives in Oakville, Ontario, 40 km. west of Toronto. Their
residence is close to the Niagara Falls.
Evelyn is happily married to Virgilio Pasiliao whom she met at PNB.
They have four children - Clarissa, their eldest, is doing her Masters
Program in Pharmacology at the University of Toronto. Jose finished his BS
Commerce from the University of Toronto and has just passed his UFE (the
CPA Board exams equivalent in the Phils.). Donn is a 3rd year Mechanical
Engineering student at the University of Toronto currently doing his
internship at RIM (makers of Blackberry). Their youngest, Marianne, is in
2nd year BS Commerce at University of Toronto as well.
Kukay Fragante is the ever jovial girl, with a trade mark laughter,
daring and sharp in Finance and Marketing classes. After AIM, she worked
for the SGV group, then ventured into investment banking with Vickers
Ballas. After learning the ropes, she decided to go on her own. Now, an
entrepreneur, she also owns laundry shops, among other ventures.
Minda Garcia-Arcilla is the Magna Cum Laude girl from Maryknoll.
She was sharp in QUANTI and Production Management in our Cohort.
After AIM. Minda taught in the Business Department of Maryknoll
College and Ateneo de Manila University. Her subjects were Marketing,
Production Management and Business Policy in Maryknoll, and Principles of
38 The Thirty-Year AIM Jubilarians
Marketing at the Ateneo.
From 1983 onwards, her main concentration has been her family’s
marble business (Sujo Marble Corp.). She is proud to say that, through her
company’s efforts, Philippine home-quarried marble found its way to the
big hotels in Las Vegas ( Bellagio, Wynn Resort, Treasure Island, Mirage),
Macau (Wynn Resort), Maldives , Argentina, and India. That was quite a
feat, because the Italians have been world leaders in marble exportation.
She married Atty. Edwin Arcilla and they have two children-- Louie (25
years old) who is into EVENTS, and Melinda (22) a financial analyst in
Boeing Corporation (Virginia, USA).
Dulce Posadas-Blas, worked with National Panasonic for a little over a
year after graduation. Then she had to go back to Iloilo to help out in their
farm, because her Dad was paralyzed by a stroke. She never left home after
that. She got married, raised three kids. She is still in the agri and aqua
culture businesses. She has a small “B and B” in Iloilo as an extension of her
hobbies which are gardening and cooking. She is also actively involved in the
Sugar Industry Foundation Inc, the socio economic/ civic arm of the sugar
industry. She implements the socially oriented projects for the sugar workers
in Panay Island.
Bhavani Srinivasan was the super math-oriented classmate, but such a quiet
girl from Assumption College. She now lives in the New York Area, USA.
Maritess Del Rosario-Bo-ot is the pretty and brilliant case room
discussant from Maryknoll and UP-Dilinman, who could come up with a
powerful wrap-up, toppling almost everybody down. She preferred motherhood
than pursue an overall With Distinction award. She was never afraid to ask
cutting questions. Now, she is a dedicated mother to her brood of six.
Maritess worked in the Banking, Life Insurance and Leisure industries
before venturing on her home-based businesses such as real estate brokerage,
graphic design, Public Relations, etc. to allow her quality time with her brood
of six children, after being widowed in 1996. She volunteered to produce
the commemorative video about our MBM Batch, a work of art and passion,
which we are now thanking her for in advance.
The life of Maritess now revolves around her five sons and a daughter.
The first batch aged 30, 28 and 24: the eldest is an IE grad of UP and is now
with Nestle Phils; the second son is an Electrical Engineer also from UP and
is connected with Hewlett Packard; and the 3rd son graduated from Ateneo
MBM 1980 39
and is now with JP Morgan Chase. In the second batch, the 20-year old son
is taking BS IT in STI; her only daughter is graduating from De La Salle
Zobel and is expecting to go to Ateneo at 17, for a Management Engineering
degree and wants to be part of the Lady Eagles basketball team; and the
youngest son is a sophomore at Phil. Science High School. Such brainy
children. At present, Maritess also writes business cases for AIM.
Kathy Co, now better known as Kathryn C. Shih, was the very young
Cum Laude chemistry grad from Indiana U (USA), who was also very good
in QUANTI. She is pretty lass from a well-heeled clan and one of two
youngest members of our Cohort. She was a not a regular talker in class, but
was very sharp and ready when called by a professor to present something in
front. She has, for quite a while now, been connected with UBS. She is now
the Head of its Wealth Management Group for the Asia Pacific Region and is
based in Hong Kong.
“JM” Arlene Sycangco left us after the first year. Destiny had other
plans for her. She finished a doctoral degree in another academe and is now
the President of Holy Angel University in Angeles City, Pampanga (Central
Luzon, Philippines). She is married to a bar topnotcher who is now the Dean
of the Law School of the Ateneo de Manila.
Salina Juh was the only girl from Taiwan. But she had a tough time in
communicating in English. She left before completing the first year.
Linda Perez was a very simple lady. After graduation, she concentrated
in running the school owned by her clan, Tuguegarao College. She served
as the college’s President, until she passed away in 1999, of cancer. Prof.
Mayo Lopez and Linda saw each other several times after our AIM days.
Our other lady classmate. Minda, still recalls the mass that the Cohort had for
Linda—-- it was Prof. Mayo who gave Minda a copy of a letter from Linda to
be read to the classmates during the mass.
Bharat Parashar or BP is the tall and smart guy with an attitude but with
a knack for precision and speed, perhaps due to his squash training for the
Olympics before joining AIM. He was a second year Dean’s Lister. Somehow,
he got rid of his attitude when he married Cely Veloso of MBM 1981.
Bharat has spent his entire career in the finance business all around the
40 The Thirty-Year AIM Jubilarians
world, first as an investment banker and now in private equity. He has been
an accomplished global investment banker as early as the first years of the
1980s. Currently, he is the CEO of a private equity firm, EMP Daiwa Capital
Asia in the USA. Bharat’s major contribution to the Philippines amongst
others has been co-packaging of mega funding to ensure the construction of
the elevated toll Skyway in the south of Manila.
Bharat and Cely are proud to have a son who graduated from the US
Naval Academy in Annapolis, and a daughter who is going for her Masters
at USC. Bharat says he wishes he could still fit in his old maong jeans from
1978, but he does not yet need a cane to walk, and he still has his own hair.
In spite of the great distance overseas from the USA, Bharat is a staunch
supporter of our Cohort.
Jayaram Mamidipudi was not afraid to ask questions, and made people
think in the case room. After a two and half-year stint with Summa Bank (PT
Astra International) traveling between Manila, Singapore and Hong Kong, he
returned to India and joined the family business for 3 years.
He later joined the Netherlands Projects office in their Development
section as Projects Management Advisor, working on Rural Water Supply and
Sanitation. After 5 years, he Joined Winrock International as Senior Projects
Manager working on Renewable Energy, Biofuels and Livelihoods in the
rural sector. This assignment allowed Jayaram to travel all over the world as
a consultant to the Word Bank, USAID, UNICEF and ILO.
Jayaram is currently actively associated, as an Advocate, with his
family’s trust, working in bringing children to schools and eliminating Child
Labour. The Trust now works with approximately 300,000 children and their
families in accomplishing this task. The Founder of the Trust is Dr. Shantha,
Jayaram’s sister, who won the Magsaysay Award for this advocacy in 2003.
Rakesh Mehta is a fighter for good causes. Even if thousands of miles
away, he is another staunch supporter of the Cohort. He has been an
entrepreneur since his AIM days. He is the owner and CEO of a garments
and fashion business, Oak Apparels in India.
After AIM, Rakesh returned to India and joined an engineering firm. After
a year and a half of selling cranes, he shifted to Intercraft, running a large
chain of retail stores. Eight years thereafter, the entrep bug bit him and he
started his own company, Oak Apparels, that now manufactures and exports
apparels. Two years ago, his firm diversified into manufacture of ladies’
MBM 1980 41
Rakesh married Supriya in 1984,
and they have two children. The
eldest, a daughter (24) is a graphic
fashion designer. The younger boy
(21) is an undergrad, pursuing bio-
medical engineering in the University
of Utah, USA.
Anand Padi is the quiet math and
engineering genius among the Indians.
He loved San Miguel beer on week-
ends, which was quite normal for guys
in that young age.
After graduation in AIM, Anand
worked in Manila for a couple of years
before returning to Bangalore, India,
where he set up his own financial
advisory services firm in 1983. In
1999-2000, he was involved in setting
up a Venture Capital fund which
promoted Companies like MindTree Ltd. This fund was a major investor in
20 plus start ups. However, only 6 have survived. And even now he claims
he has not seen a rupee of returns.
He retired in 2006 and moved to a smaller town-Mysore which is a 2-hour
drive from Bangalore. He is married with two sons-ages 26 and 20. He
has been active with the Management Profession, though, having risen to
the position of President of Bangalore Management Association and Vice
President of the AIM Alumni Association of India. For the past several
years, he has been conducting the AIMAT for AIM in Bangalore. Anand
wrote us that he has tremendous respect for the Professors during his time at
AIM, many of whom he feels were exemplary.
Sanjay Vinze was one of the friendliest among the Indians. Sanjay stayed
in the Philippines until 1992 and was popular with the incoming Indian
students who consulted him on “nocturnal” activities. While working in
Makati, he was active with the Rotary Club of Makati Ayala and the Manila
42 The Thirty-Year AIM Jubilarians
He is currently looking for new opportunities as a Management
Consultant in Indianapolis. Previously, he did Management Consulting
at Grant Thornton LLP and Andersen Corp in the areas of Operations
Improvement, Lean Six Sigma initiatives and Quality systems. In India, he
had formed a consulting group, HexaPlus Consultants offering Strategic
Change Management to small and medium enterprises
Prior to consulting work, Sanjay’s experience was in managing
companies in diverse business areas like chemicals, textile machinery,
auto components and project engineering in India and abroad. Some of
his assignments have been: CEO of Mather & Platt Fire Systems, heading
the driveshaft business of Dana Spicer in India, and President of Trumac
Engineering. He has been responsible for two ventures, both manufacturing
projects, in India and the Philippines, right from start up to profitable
Sanjay is married to Suvarna . They have two daughters. Sanjna is in
middle school and Archana is pursuing a masters in IT at USC.
BJ Harid Balasubramaniam is a tall guy (6’4”), but was not into
basketball. He exuded humility. When he would talk in class, he was quite
passionate in delivering his spiels, with his long arms flailing all over. He is
now a global entrepreneur who lives in New York. He is the President and
CEO of Danbury Pharma LLC., New York.
Udayan Nandykeolyar is now Dean at the University of Toledo, Ohio, USA.
Badruddin Inayat Ali was reported to have gone into property
development in Indonesia, He married a Filipina with Indian origin.
Srinivasa Prasanna was the most quiet among our Indian classmates.
He is now settled in Australia and is working as an independent consultant.
He focuses on New Business start-ups from concept to conclusion and post-
implementation performance management. While in the Philippines, after
graduation, he worked for DYNETICS group companies till 1985 and then
worked for Chandaria Group companies on job secondment to Nigeria.
Prasanna migrated to Australia in 1989 and gained very useful exposure
in the telecommunications business till 2001. From then, he branched out to
independent consulting. He is planning to move into “personal development”
space, after having gained good insights into “Executive Thinking’”and after
having studied the behavioral patterns of people for a number of years. (It
is the same HBO/ HRD shift that our Korean classmate Johnny Jeong also
MBM 1980 43
did in Seoul, after being a successful Finance Head for years.) Prasanna is
married and has one lovely daughter.
The Pinoys Abroad
Leo Biscocho, a recipient of AIM’s “Institute Scholarship for Merit”,
was one of the five overall With Distinction classmates on graduation night.
He finished his undergrad degree from De La Salle University (Taft) and is
a licensed Mechanical Engineer. As a La Salle Archer, he was happy and
challenged to be roommates with very smart graduates from the Ateneo.
Fond of doing the wrap up for case discussions, he was fortunate to be in the
same Can Group with Jun Abes (from the Ateneo) and Mike Soledad (from
UP-Diliman), especially in the second year. All three of them Can Group
mates were blessed to graduate overall With Distinction in our Cohort.
After AIM, Leo worked with the respectable Dr. Magdaleno B.
Albarracin, as Assistant in PHINMA. He also handled courses in Finance,
Operations Management, & Business Policy at then Maryknoll College and
Ateneo De Manila University.
Leo went into prawn farming in mid-1980s, and was considered one of
the pioneers in intensive prawn farming. He was credited with developing
systems and technologies adapted to local conditions that tremendously
improved survival rate, productivity, feed conversion, and quality. His prawn
farm was a model for SMC & Vitarich among others, and was recognized as
most productive (per hectare) and highest producer of good size & quality
prawns in Quezon Province with a sustained average production of 5MT/
hectare-cycle with two cycles per year.
He migrated to the US in early 1990s. He is married to Elpidia R.
Bartolome and they are blessed with four children. The eldest, Ann,
graduated from University of California, Irvine and is with the family
business; Kristine graduated from University of California, Berkeley and is
with Accenture; Lorraine is a senior student at University of California, San
Diego & currently in Rome under UC’s Study Abroad Program; and Francine
is a sophomore at Stanford University, double majoring in Economics and
Leo is currently with Boeing and also co-runs a business with his wife.
The business is involved with real estate, mortgage, and own & manage
44 The Thirty-Year AIM Jubilarians
rental properties in Southern California and Las Vegas, Nevada.
They live at the Kerrigan Ranch in Yorba Linda, California and are
very active members of the local Roman Catholic church….also helping in
Catholic education, Eucharistic Ministry, & Hospitality Ministry.
Francisco “Jun” Abes, the Cum Laude math wizard from the Ateneo,
was one of the overall With Distinction grads. After AIM, he worked
for nine years with the Ayala Group, first in its real estate division, and
then in the Bank of the Philippine Islands (BPI)—Treasury. Then, he
migrated to Canada with his family in January 1989 (Yes...in the height of
In Canada, Jun decided to stay put in one company (much like Augie
Palisoc and seven other Cohort mates), working for the Bank of Nova
Scotia—first in Finance, then in Risk Management, and now as a Director
and Global Cash Manager-- Group Treasury--Global Cash Management.
He lives happily with his wife and two daughters: a 24-year old (recently
graduated from York University-Toronto) and an 18-year old (now a
freshman also in York University); and, he added in his e-mail to us, a 2-
year old son (a Bichon Frise named Louis—one of the world’s most lovable
and most friendly pet dogs one would like to have inside the house).
Omar Capulong, after AIM, joined Bacnotan Cement (Phinma) as
assistant to the VP for Operations. In 1982, he migrated to California
to join his parents. He worked as an industrial and facilities engineer in
manufacturing, ISO 9000 consultant and Quality Manager in fiber optics, and
Analyst for aviation security. Currently, Omar is a California Realtor with
special interest on short sales and foreclosures. With wife Louella Pineda
(of the same town of Minalin, Pampanga), they are blessed with 3 daughters.
Karina is on her Masters at San Francisco State University; Shelly is taking
up Nursing (like her Mom) at University of San Francisco; while Vivian is
still in high school at St Ignatius College Prep in San Francisco.
Omar still plays tennis with the younger crowd. From the USA, he wrote
us: “You should see the guilty look on their faces when I take off my cap after
I quit the match. They probably felt that they shouldn’t have made me run like
a windshield wiper all over the court. My hair is almost all white (or gray), but
most of it is still there. But, I guess the black hairs are coming back.”
Gary Santos was another brilliant but ebullient Quanti guy in the class.
MBM 1980 45
His college background was in geological engineering in UP-Diliman (Cum
Laude). Now, he works in New York as Associate Principal Examiner in the
Financial Industry Regulatory Authority, NY.
Gary wrote us recently from NY: “Life’s a wonder when you get down
to it. It’s full of adventures. Some are really great, and I’m on one of those
right now. I found myself on Wall Street as a FINRA examiner. Fate threw
me here, you see, from over there. But, I’m learning something new and
interesting and I can’t ask for anything more. Life’s current moment is
good. I’ve worked 90% in the Financial Services industry. Investment
banking. Financial consulting including reorganizations. The back office
and compliance of a broker on the Philippine Stock Exchange. To end up in
securities compliance in the US is indeed a privilege.”
Henry Brimo was a Dean’s Lister in second year. He is an architect. He
lived in Japan before joining our MBM Batch. After AIM, he stayed for a
few years in banking and then a few years as a restaurateur. Then, he moved
to Australia and still lives there.
Armand Sison is in Australia working in Wyeth Australia, which is
now a new subsidiary of Pfizer Worldwide. After graduation, he joined Phil
Phosphate Fertilizer Corp as Assistant to the President ( for 6 years), then he
migrated to Sydney Australia in 1987 and joined Nestle Australia. He worked
with Procter and Gamble Australia for 6 years then went to Chicago to work
for Oil-Dri Corp of America. He went back to Australia to join Wyeth as
Business Applications Manager. He is living a quiet life in Sydney with his
four children. He has now one granddaugther.
Leo Francis Gonzales, a Dean Lister and the figures guy from
engineering in UP- Diliman is in the USA. According to our sources, Francis
is not well. We await for updates about him, as we pray for his fast recovery.
Ernie Que (the Management Engineering grad from the Ateneo De
Manila), after AIM, worked in Operations Research at Bank of America
Manila Branch and in Asia Division Operations in the same bank from 1980
to 1985. He migrated to the U.S. in late 1985. He has worked at Ameriprise
Financial, Inc. (formerly an American Express subsidiary called IDS
Financial Services (1985) which was renamed to American Express Financial
Advisors (1994)). It was spun off by American Express as an independent
company in 2005. He has worked in financial analysis in Corporate Finance
for 12 years and in information technology management for the last 12 years.
46 The Thirty-Year AIM Jubilarians
Ernie has been married for the last 19 years
and has 4 children: 1 boy and 3 girls, aged 15,
12, 9, and 7.
Danny Goquinco passed away in SFO in
2005. Augie, Winston, Mac, Bong and Gel
attended that last novena day Mass in 2005 in
Danny’s parents house in Forbes Park, Makati.
Almost all his surviving classmates in La Salle
Senior High School Greenhills attended that
The Pinoys in the Philippines
Lory Tan was a second year Dean’s Lister.
An articulate Behavioral Science major from the
Ateneo. Now, he is the CEO / Vice Chairman
of the Board of Trustees of WWF Philippines;
and is concurrently Chairman / President of
the Philippine Tropical Forest Conservation
Foundation, and Trustee of the Philippine
Disaster Recovery Foundation.
Lory is a very passionate and focused man
for the protection of the environment and the
endangered species. His face is a regular in
ANC TV talk shows, regarding environmental
issues and climate change. We saw the pro-
environment inkling of Lory years ago, when he
wrote that first book of his about the whales in
Palawan. Before moving into WWF, he served
well his family business of publishing and
We feel that, one day, Lory deserves to receive a Ramon Magsaysay
Award for championing the protection of the environment and the endangered
species, and in educating young and old Filipinos about such pro-
environmental issues and causes.
Mar “Tiny” De La Paz was the Magna Cum Laude from Ateneo
MBM 1980 47
de Davao. This ever smiling and brilliant guy, with a penchant for witty
epigrams, was a marvel in writing his brief MRR. Many did not know that he
got a “D-”final mark for his MRR (written thesis) and oral defense.
After graduating from AIM, Mar (he is now referred to as Mar, not Tiny, in
the NGO world, but that is another story...) joined the (then) Philippine Packing
Corporation in Davao City as an agronomist, making the rounds of various
cavendish banana plantations during the early to late 1980s, when the NPA, an
assortment of lawless elements, and “alsa-masa” were quite fearsome.
He was invited to join the pineapple plantation of Del Monte Phil. in
Bukidnon, where he moved from agriculture to harvesting operations. an
idyllic, charmed and peaceful existence — compared to his years in Davao.
In the early 1990s, he was cross-posted to the pineapple cannery in Bugo,
Cagayan De Oro. In 2000, he relocated to Manila to head the toll pack
operations and quality assurance of Del Monte Phils, Inc. (DMPI).
After twenty-seven years with DMPI, he retired in 2007 and was hired
as a VP for Business Operations of a big and worldwide-respectable NGO,
the WWF-Phils.. Early in 2009, he was appointed as the COO and Treasurer
of WWF-Phils, a national organization that is focused on conservation and
reducing carbon footprint.
Chiara Batiller was not Mar’s (i.e. Tiny’s) high school sweetheart but she
succumbed to his marriage proposal in 1977. She has retained him all these
years and none the worse for it. Or so he claims. They are blessed with three
children: Luis, who is a lawyer; Rica, who is in third year medicine proper;
and Cristina who is a senior in the Ateneo De Manila in QC.
Mar (formerly “Tiny”) has stopped swimming and is now into cycling
(Lance Armstrong need not feel threatened). He is trying (unenthusiastically)
to shed off excess poundage, and cooking (He says. “Have not “killed”
anyone yet”—that is, with his cooking).
He believes that: “Our children are God’s greatest gifts. Why? When I
grow up, I want to be just like them.”
Noel De La Paz is the hotshot QUANTI genius from Ateneo’s Economics
Honors program (a Cum Laude), although was a quiet boy in the case
room in the beginning. He was a full scholar including dorm and monthly
allowances. After graduation, he worked in Bankers Trust for about fifteen
years, and retired from it as Country COO in Manila, when it was acquired
by Deustchbank. As an investment banker, Noel had a big hand in co-
48 The Thirty-Year AIM Jubilarians
packaging the huge fund to launch in the early 90s the Bonifacio Global City.
After retiring from Bankers’ Trust, he did some entrep work, but then, he
joined the Metro Pacific Group, for M&A, in Manila. He is known to be a
cog in the Group’s acquisition or affiliation of local urban hospitals, among
other proposals. Noel is the speedy but silent figure cruncher and strategist of
the MVP Team (of PLDT, Meralco and infrastructure projects fame), together
with our other classmate, Augie Palisoc.
Noel started this yahoogroups.com email system for our Cohort,
something we sincerely thank him for.
Bong Layug remains as an entrepreneur. Now, he is the Group COO
and CMO for the famous Budji furniture group and the Budji interior /
architectural design firm. He established Budji Corporation showroom
operations worldwide targeting residential designers and contract specifiers
worldwide. From the 1980s to 2000 he was busy concentrating on the US
market for high-end furniture. In the process, the company established a
distribution network through a series of High End Representative Showrooms
in important key cities in the United States.
Since 2000, Bong had spearheaded the marketing of the famous furniture
designer-group called “Movement 8” of the Philippines and his own brother’s
furniture and design works now under the brand Budji Living. He had led
the global thrust of Budji in designer showrooms under the banner of “Budji
Living” in key cities in Asia, the Americas, Europe and the Middle East.
From 2002 and onwards, Bong concentrated on establishing manufacturing
operations out of Dongguan / Shenzhen / Guangzhou and Beijing in China to
support the hotel con-tract projects in the Middle East and world wide projects
in the Indian Ocean, Caribbean, Guam and Hawaii Islands.
MBM 1980 49
The family business integrated the Budji Layug + Royal Pineda Design
Architects, Inc. into an architectural and interior design services firm
for both Residential and Hotel Contract Developments Projects in the
Philippines and overseas.
Bong’s marketing efforts paid off in putting the Budji furniture brand,
with much pro-design respect, on an enviable position in the global map.
As his new forays, Bong is now entering the Land Development
Projects that are anchored on the “Asian Modern Concepts” for retirement
and wellness residential villages and resorts, starting here in the
Philippines, while at the same time carrying the design works of his world-
renowned designer-brother, Budji Layug. The successful Discovery Shores
in Boracay is a major handiwork of Bong’s CMO management in high-end
furniture and interiors.
Bong’s life partner is the sweet Anamari. His daughter, Vanessa
graduated in the USA, while son Paulo finished college at the Ateneo de
Manila last March 2009.
Ramon Lim is a typical “promdi” (i.e. from the province, specifically
Leyte) who cannot abandon his Cebuano regional (a la French) accent. He
is a graduate of University of San Carlos (Cebu) in Accountancy (Magna
Cum Laude). He was one of the few that got admitted to AIM without
going through the admission’s panel interview. He was the eighth scholar of
Citibank in AIM.
After MBM graduation, Ramon returned to Citibank and was assigned
in the Treasury, Citibank Manila. He worked in the Treasury business for
several years—having foreign postings in New York, Taipei, Taiwan and
Hong Kong. He left Citibank while working in Hong Kong and returned
to Manila months before the start of the famous (or notorious) Asian Crisis
of 1997. He worked at Union Bank of the Phils. in its Treasury, then Trust
business, and then joined Philippine National Bank in late 2002.
In PNB, he was one of the senior officers who co-engineered the
rehabilitation of the bank (being one of the casualties of the 1997 regional
financial crisis) and the culture transformation from a government-run to a
privately and professionally run financial institution.
He is currently the Head of the Treasury Sector in PNB and oversees
other investment funds of its subsidiaries.
He was convinced of the vision of Gen. Vic Batac to augment the
50 The Thirty-Year AIM Jubilarians
capabilities of the Philippine National Police. He helped in the establishment
of a foundation for the Phil. National Police and he continues to be one of
members of the Board of Trustees.
He is an active member of a Catholic Charismatic Community (Bukas
Loob sa Diyos) and is blessed, with his wife Nene Moreno, with three
daughters and with one granddaughter (and hopefully, more to come!). All
are now working (a blessing in that it means like having a big salary increase
for him!). Incidentally, the name of Gen. Vic Batac’s wife is also Nene, and
both their wives were born on same date – Nov. 1st (What a coincidence!).
Ramon is also one of the “glues” that keep our Cohort together. He
remains as an unassuming person. He communicates regularly with Gel
Tamayo, the chronicler of the MBM 1980.
Vincent Jayme used to work briefly for BPI in treasury operations. Now,
he remains as an entrepreneur and is also involved in the Tagaytay Highlands,
among other ventures. He loves to play golf a lot. Because of golf, he sports
now a bronze skin. Vince is still active in Philippine stock market trading.
Augie Palisoc, our Batch’s Leadership Awardee and another Dean’s
Lister, has stayed for over 25 years in Metro Pacific Group (HK and Manila).
He is the right hand man of MV Pangilinan, for M&A, among other chores,
MBM 1980 51
and teams up with Noel De la Paz, especially in the hospital acquisitions in
the Philippines in the last four years. Augie is another avid golfer.
After AIM, Augie tried entrepreneurship for three years (doing feasibility
studies and real estate brokerage), but he realized he was not using much of
what he learned at AIM. Thus, he decided to pursue a corporate career and
joined First Pacific Company Limited in Hong Kong in 1983. He is still with
the same group after 26 years (couldn’t find a job anywhere else—-he jokes.)
Seventeen years were spent overseas in Hong Kong, Thai-land, and Malaysia.
Most of his work has been in mergers and acquisitions as well as turning
around under-performing businesses. Now, he is the Executive Director
of Metro Pacific Investments Corporation, the group’s publicly-listed
holding company in Manila for its telecom-related (PLDT/Smart/ e-PLDT)
infrastructure investments, comprising toll roads (NLEX), water utilities
(Maynilad), electricity (Meralco), ports (North Harbour), and he is currently
taking the lead role in the emerging hospital group business (Makati Medical
Center, Cardinal Santos Hospital, and Davao Doctors Hospital). He further
muses: “I am doing all these, since we need to all prepare for our old age! Ha
ha ha ...”
Gel Tamayo, the Philosophy and Communications graduate from
the Ateneo de Manila, who many thought was crazy and daring to take
Finance subjects in second year, had meaningful employment stints after
graduation, as an AO in corporate banking; as Area Credit Head in consumer
and middle- market lending (he also taught Corporate Finance in the
Development Academy of his mother bank); as CFO in sugar manufacturing
and in sugar trading, and Finance Director in a provincial city electricity
distribution; and also as Group CFO in realty development/ construction and
in property assets management.
He also became President and COO of a medium-size realty development
corporation that did the first successful premium housing project inside a golf
course in Metro Manila, which he left after unloading his little holdings.
When he was a young corporate banker in the early 1980s, he was asked
to do a significant study for the Monetary Board of the Central Bank of the
Philippines, which had something strategically great in connection with
incoming Dollar remittances of Filipino Overseas Contract Workers, starting
in the Middle East and the USA. At that time, because of the good results
of the study that he wrote for the Monetary Board, a “super” higher-up in the
52 The Thirty-Year AIM Jubilarians
then Government’s Administration invited him to accept a key position in
Washington DC (USA), but he gently declined the offer and preferred to stay
simply in Philippine banking in Manila. Turning down that offer almost cost
him his banking job.
He also became the Special Assistant, with rank of SVP, of the CEO and
Chair of one of the most successful, biggest and privately owned Filipino
urban realty groups in Manila. He had been involved in realty projects in the
areas of project development supervision and strategic financial planning in
Fort Bonifacio, Capitol Hills, and Puerto Galera (Mindoro Island).
Though retired now, he still does a little project consulting here and there,
especially for two Korean Financial Advisory and Investment Banking Units
in Seoul, which are both affiliated with his now aged Korean foster folks, and
where he has been an Ex-Officio Director for years. He also does consulting
stuff for a local group in Manila. Up to this day, Gel practices the “out-of-
the-box” thinking, and is still a believer of the 80s and 90s entrepreneurial
and marketing strategy guru and also crazy but credible author, Tom Peters.
Gel has written his first full-length fiction novel, which is being
negotiated by an overseas investment banker for publication and launching,
hopefully, in New York.
In his spare time, he plays the classical violin at home to keep his spirit
high and re-charge his batteries. He is into a regimen of controlled diet and
daily calisthenics. He is the assigned (and forced-to-accept) chronicler of this
Mike Soledad was a serious classmate and one of the overall With
Distinction graduates He is also an alumnus of UP-Diliman. After AIM,
he became an entrepreneur with his in-laws in Davao City, especially in
farming and running a fried chicken restaurant. At present, he is the UP Vice-
Chancellor in Davao.
Greg Domingo, among the youngest at that time, was overall rank no.2
With Distinction in academics in our Cohort. After MBM graduation, he
went to Wharton to take a masters degree in Operations Research, then to a
doctoral program. He spent about ten years as SVP in Chase in NY. Then, he
came home to become Country CEO for Chase Bank in Manila. He became
Undersecretary of Trade in the Philippines, and BOI Head. Now, he sits in
the Board of the SM Conglomerate, after staying in the Board of Meralco in
MBM 1980 53
Not many people know that the boom in the Business Process
Outsourcing (BPO) Indus-try in the Philippines, that is giving our many
young Filipinos good paying alternative jobs domestically, can be attributed
to the pioneering investment promotion work that Greg did as Board Of
Investments Managing Head under a fellow Atenean, then DTI Sec. Mar
Roxas. Greg was likewise in the Board of Directors of Small Business
Corporation (with Benel Lagua as President). Many Filipinos and foreign
investors can attest to the integrity and professionalism that Greg brought to
government service during his short stint.
Benel Lagua was a Dean’s Lister. He is one of those reticent but
confident management engineering grads from the Ateneo De Manila.
Some years after AIM, Benel took off to Harvard for his MPA degree as an
Edward S. Mason Fellow. He is about to mint his Doctorate degree. He is a
Career Executive Service Officer (CESO) and is the President and COO of
the Small Business Corporation which is a government financial institution
(GFI) whose core business is in Micro, Small and Medium Enterprise
(MSME) Financing. He is a passionate person about middle-financing for
SMEs, and for the middle class and below middle class Filipinos. He is also
known as one of the contemporary pillars of legitimate micro-financing in the
Recently, Benel was the Key Note Speaker in the 4th AAAB International
Conference, with the theme “Managing Asian Business Corporations in
the 21st Century”, that was held on December 17 and 18, 2009, in the AIM
Conference Center Manila along Paseo de Roxas Avenue in Makati.
The Asian Academy of Applied Business (AAAB), in collaboration
with the School of Business and Economics of the Universiti Malaysia
Sabah (UMS) and in cooperation with the Asian Institute of Management
54 The Thirty-Year AIM Jubilarians
(AIM), held the said conference that included speakers such as academics,
consultants, practitioners, professionals, leaders of government agencies, and
policy makers, who presented their ideas on how Asian companies should
manage themselves in these times of uncertainty. About 80 academic research
papers were presented/ submitted throughout the conference. Corporate
CEOs from diverse industries, academics, public leaders, and policy makers
from the region attended the conference.
Many of us also believe that, one day, Benel should get a Ramon
Magsaysay Award (Asia’s equivalent of the Nobel prize award), although he
humbly tells us that he does not dream of getting that.
Mario Nicolas, after AIM, joined Philippine National Bank initially as
a Management Trainee, then spent twelve years in international banking
operations including his posting in New York. After PNB, he ventured
into remittance services, operating Philippine Remittance Company in
New York/New Jersey, which served various remitter needs from 30 states
to the Philippines. He was also involved in management consulting and
international shipping. Prior to retiring in 2004, he was Director of PAL
Maritime Corporation. Now he is back in Manila.
Lawrence Alandy Dy, the Cum Laude boy from De La Salle Taft,
was said jocosely to have memorized the marketing book of Philip Kotler.
After AIM, for some time, he assisted the MacDonald’s group in real estate
positioning of the fast food chain’s stores.
Then, Lawrence took the SBEP (Senior Executives Business Economics
Program) in the University of Asia & the Pacific in 1990. He is now a DBA
candidate in the DLSU Graduate School of Business & Economics. For
his business ventures, he has investments in Ladies Fashion Wear, Fashion
Jewelry, Children’s Bags & Children’s Wear, Veterinary Medicine, Real
Estate, Pharmaceutical Laboratory and Medical Transcription.
He has two daughters who both graduated from Ateneo De Manila
University Magna Cum Laude, and they are currently working with Proctor
& Gamble and with Mitchell Madison Consultancy. For his past time, he
has been into breeding and raising fighting cocks, Dobermans, race horses,
flowerhorns & Japanese Koi.
Recently, Lawrence has been attending the Chartered Financial Analyst
review classes prior to taking the tough international CFA exams. We wish
him success and good luck.
MBM 1980 55
Vic Bocaling is the cool and diplomatic licensed mechanical engineer and
production management guy from De La Salle Taft. A Dean’s Lister, too. A
regular face in the Saturday evening masses in the AIM chapel, together with
his wife and children. Now, he is the Country Head for the Swedish Match
in Manila. He has stayed for over 20 years in that same corporate group. He
is also co-handling global responsibilities for the same conglomerate, with
his directives reaching far as Europe. He travels a lot now, because of his
expanded job. Vic is one of the “glues” that keep our MBM Cohort together,
even via e-mails to the Cohort’s CORE group and Gel.
Gerry Bacarro was a quiet and unassuming boy in class. But he was
ready to talk and was prepared to present with hard substance, when called
to talk in the case room. Now, he is now the Regional President for the
South Asia Region of Pfizer Group (i.e. think of Viagra and Norvasc). Like
Ramon Lim, he is also a ‘promdi’ (from Ozamis City, Misamis Occidental,
Mindanao, South Phil.), but has acquired the proficiency in and the eloquence
of the English language from the Loyola Heights Jesuit campus.
Gerry joined Pfizer after MBM graduation, then went to Warner Lambert,
and then rejoined Pfizer, when Pfizer acquired Warner Lambert. All told,
close to 30 years in the pharmaceutical industry. Before he became CEO of
Warner Lambert Philippines, he was Regional Marketing Director for Latin
America /Asia /Africa /Middle East. He was CEO of Pfizer Philippines from
2000-2008. He was also given the monicker “Legitimate Drug Lord” by our
entrepreneur and restauranteur classmate, Philip KC Ng. Gerry is one of the
key business managers who supported the Gawad Kalinga movement from its
infancy until today.
Philip Huang, after graduation, joined a startup Visa Credit Card
company, but was forced to leave the firm, when his father passed
away. Ever since then, he has been handling the family business, until
an opportunity came up for participation in the stock brokerage industry.
Currently, he is the President and CEO of a Singaporean-owned stock
brokerage firm that is doing business in the Philippine Stock Exchange.
Philip has been also involved with the Rotary, YMCA and Y’s Men which
accounts for his regular trips.
As a classmate, Philip used to be very quiet in the case room, but was
a dynamite of a man, when tasked to show his analytical wares in the case
room. He was a very helpful classmate. He is one of the two Philips that
56 The Thirty-Year AIM Jubilarians
started to bond our Cohort together to this day. He is a silent operator who
makes things move, especially for our Cohort. Philip is still one of the active
“glues” that keep our Cohort together, and regularly calls up Gel.
Roger Py was a straight-to-the-point engineering guy in and out of the
case room. And was a helpful classmate to all. He was an entrep man at that
time in AIM. He used to joke with us that his father forced him to take the
Today, he remains in the footwear business carrying the following brands:
GIBI Shoes, Florsheim and Timberland. He is also the Director General of
the Philippine Footwear Federation Inc. His other positions include: Council
Member & Member of the Trade & Industry Committee of the Federation of
Filipino Chinese Chambers of Commerce & Industries Inc.; and Director of
the Marikina Filipino Chinese Chamber of Commerce.
His community advocacy is articulated at present by being the Deputy
Fire Marshal for Eastern Metro Manila of the Association of Volunteer Fire
Chiefs & Firefighters of the Philippines; and the Fire Chief of the Marikina
Filipino Chinese Fire Brigade Volunteers.
He was very active in the relief and rescue operations during the height
of the onslaught of and in the aftermath of Typhoon Ondoy in late September
2009. His flood rescue involvement was very commendable, much beyond
any Boy Scout or Ranger or 911 stature. To this day, while even in business,
he is always on ALERT status over fire and super heavy rains.
Bobby Cruz was another unassuming, humble student. He came from
the Ateneo de Manila. He retired from PNB, as a ranking senior officer, in
December 2008, after twenty-eight years. In his last email with Gel, he said
that he might take a consulting project, just to keep him busy. He, his family
and his house suffered from Typhoon Ondoy’s heavy flooding in Marikina in
Winston Kawsek has always been a successful entrepreneur. Now, he
runs a restuarant-entertainment business in Makati. A practical mind, with
a De La Salle trademark. A very generous fellow. Yet simple in language,
demeanor and attire.
Let it be known to all that in 2005, our Silver Jubilee year, Winston
Kawsek took the lead role in getting the MBM ‘80 Cohort together for the
Alumni Grand Homecoming. He also started the class fund-raising so that
MBM ‘80 could donate to the AIM Scholarship Fund and other AIM projects.
MBM 1980 57
After the 2005 Homecoming Night, Winston hosted the dinner in Jade
Garden for the local and visiting members of our Cohort. During that dinner,
pledges from class members were discussed as well as plans for our 30th Year
We want to express our heartfelt thanks to Winston—a hundred times
over, for taking the first bold step in showing a vision for and in reuniting our
MBM ‘80 Cohort. We know that Winston, in his good heart and generous
soul, will pardon all those who could have mistook him in a different sense.
To this day, Winston is still a successful entrepreneur.
Danny Labordo was a simple guy in class. For a while, he was involved
in a real estate and an IT-related group. We hear that he is also now an
entrepreneur. We wish he can send us his latest data liners.
Ricky Lacson is a city entrepreneur and a civic advocate in Bacolod.
He finished college in the USA and came back to finish his MBM in
AIM. He was one of the two guys who got the first With Distinction final
mark in Development of Enterprise or Entrepreneurship in AIM’s MBM
history. A first in AIM’s history at that time, together with another break-out
Cohortmate of ours, who does not want to be named.
Ricky was one guy in class who showed promising traits of becoming
a good, international career diplomat (like an ambassador) because of his
height, good looks, good schooling and a cultured background; but he had
decided to go into private business. He says that staying in the province than
living in a polluted city like Manila will make one live longer—a very sound
advice for us.
Ricky’s family had moved out of the sugar planting business. He had
converted their sugar farm in 1995 to a subdivision. It is known now as Town
& Country and is located in Talisay City, which is right out of the northern
boundary of Bacolod City, towards the airport in Silay City.
He had been into prawn and shrimp production with leased farms
in Manapla, Negros Occidental and Calatagan, Batangas. Ricky’s firm
works closely with Charoen Pokphand (CP) Group of Thailand, the leading
prawn and shrimp feed producers of the world and one of the largest prawn
and shrimp produce exporters of the world. Anyone interested in Ricky’s
products can just give him a text, a call or e-mail.
He is also very active in Gawad Kalinga in Negros Occidental. Ricky
feels that GK is our way to modernizing the Philippines. It is the leading
58 The Thirty-Year AIM Jubilarians
organization in social engineering. Something that our country has to do
right now, before we can go forward. Negros is in the heart of the country,
and any one of us or other Alumni, who would like to help out in his work
there, will be welcomed.
Mac Hermoso was another unassuming classmate, and a man of
few words, but ready to discuss when called. Mac has always been an
entrepreneur. He was practically the donor of the genuine leather materials
used as attractive covers of our Yearbook copies. He is Chairman of a private
development bank. He became a Rotary District Governor. Still unassuming
as usual. He is also one
of the “glues” that keep
our Cohort together.
Mon Diaz has a son
who recently graduated
from AIM’s MBA
program in December
2009. This is the first
time that a member
of MBM ‘80 has an
from AIM’s MBA line.
Mon was a Magna Cum
Laude in accounting
and an AIM scholar.
In the first year, he loved to sing sonatas at night to relax, while using the
staircase, but to the howling reactions of classmates as he passed by each
floor. Right after AIM, he worked for two years with an Ayala subsidiary. He
is a CPA.
He later left the country with his family and worked for ten years in
Jakarta, Indonesia and Los Angeles, USA, as head of the finance division
of an Indonesian conglomerate specializing in Leverage Buyouts and
Acquisitions. He came back to the Philippines and worked as Visayas
Operations Controller and General Manager of Pepsi Cola in Tanauan, Leyte.
He also engineered the merger of Isla Communications with Globe Telecoms
as Islacom’s CFO. He became Dean of the College of Business, Economics
and Accounting for Foundation University in Dumaguete City. He currently
MBM 1980 59
owns and runs Orchids Heights in scenic Valencia, Negros Oriental, which
is a resort and vacation destination, with nineteen exclusive residential units.
We put here his web site (www.orchidhts.com).
Leo Echaus is in Bacolod. He is now the General Manager of the First
Farmers Holding Corp. It is basically a sugar mill and is now going into
energy with the new high pressure boiler that it has acquired. In the case
room, Leo was a man direct to the point, with no fuss.
Nap Liloc was the “cool hand Luke” in the Cohort. Relaxed. A very
friendly Cebuano-speaking classmate, but with a good Xavier diction
in English. He loved SMC beer on week-ends, with his can group
mates. A practical thinker, too. After AIM, Nap went into the consumer
pharmaceutical marketing field joining such companies as Johnson &
Johnson, Boeh-ringer Ingelheim and Sara Lee. Nap joined the Indonesian
food giant INDOFOOD and was assigned to Nigeria as General Manager
to set up its joint venture company, DE-United Foods Plc, and put up its
manufacturing plant/ facilities there. He returned to the Philippines in 1999.
Later on, he joined Macondray Plastics Inc. as General Manager based in
Davao City, where he continues to stay.
Bobbit Suarez spent more than 20 years with Corn Products (CMC),
Unilever & Dole Philippines in sales & distribution. He is retired and is now
doing consulting work.
Gigi Zenarosa is SVP in PNB, Trust Group. He has been in PNB for
over 20 years.
Eddie Yap, the Cebuano and production-oriented engineer in the class,
who had the habit of walking quietly back and forth at the back of the case
room, while listening to a classmate’s presentation in front, has been with
the Gokongwei Group of companies, now known as JG Summit, since he
graduated from AIM. Aside from Ruben Rubio of SGV, Eddie is the other
executive classmate who has stayed in one corporate group for about 30
years already. Eddie started in URC in Manufacturing and Logistics (buying
equipment and setting up plants and distribution warehouses), and then he
became Purchasing Head of URC in 1992. Since the early 2000s, he assumed
the position of Group Head of Corporate Procurement for JG Summit.
Cito Alejandro, the Ateneo point-guard partner of Bong Layug in our
champion basketball team in AIM in our time, used to be President of UFC
(the Pinoy catsup manufacturer), then became President of ABS-CBN for a
60 The Thirty-Year AIM Jubilarians
while, and is currently, President /CEO of Del Monte Philippines.
Nolo Quezon Avancena, after AIM, worked for about two years in State
Investment House, Inc. in Binondo. He also did two years with Bank of the
Philippine Islands in the mid-eighties. He admitted in an email that he is not
cut out for corporate work.
After BPI, Nolo has been an entrepreneur. He has had a meat retail
business (Tenderbites) for 19 years. He has been involved in social
development work for 20 years. Currently, he is President of the
Foundation for Enterprise Management Innovations, Inc. (FEMI). The
organization is engaged in assisting SME’s grow their businesses -through
credit and training-so they can generate additional employment for poverty
alleviation and nation-building.
Nolo wrote us further: “No, I am neither rich, powerful, nor super
successful but I am fine.” Here is one guy who never made a hoot on nor
bragged that the famous and historical late Manuel L. Quezon (the Philippine
President of the Philippine Commonwealth) was his grandfather. We found
that out ourselves from somewhere.
Monty Salgado, an Atenean and one of the more practical and direct-
to-the-point classmates, has retired. He has been recently busy attending
to their family’s properties in Luzon, since the passing of his parents. We
trust he will be around. In the Cohort in AIM, Monty was always a staunch
supporter of causes and class activities, although at times he was known to be
a teaser among classmates.
There is this poignant story about Monty in our second year….a fellow
classmate lost his wallet in the dorm. The missing cash contents were
worth two weeks of food allowances of the fellow from his parents from the
south. Upon learning of the incident, Monty volunteered to quietly help that
classmate. From his Dasmarinas Village residence, he brought food daily to
that classmate in the dorm for two weeks. Monty has been such a good soul,
even with his tae kwon do black belt demeanor. He also helped a number
of friends in Marikina in the aftermath of the Tyhoon Ondoy onslaught last
Lito Gamboa, another simple but bright classmate, left us after MBM
year 1, and accepted a good job that he could not refuse. That job in 1979
was with Summa Finance in the Philippines, the same conglomerate that Mon
Diaz had worked with in Indonesia. Lito left that company and now, he still
MBM 1980 61
devotes his energies to their family business which is in sugar trading. He is
married to Alita Pulgado, a classmate of Maritess Del Rosario-Bo-ot in UP-
Diliman for college.
The Pinoy SGV Scholars
Ruben Rubio was a Dean’s Lister. He rejoined SGV and became a
course developer and lecturer of the Audit Training Group. In 1982, he
joined the newly formed Tax Compliance Group (TCG), which is part of the
Tax Division of SGV, as a Tax Manager.
In 1987, he was awarded the most outstanding award (Sycip Award) for
his effort in developing the methodology for tax audit, a diagnostic approach
in evaluating health conditions of clients with respect to compliance to tax
laws, rules and regulations.
In 1989, he was admitted to the Partnership, the first member from
the Tax Compliance Group to become a Partner. In 1991, he became an
International Partner of Andersen Worldwide (at that time, SGV was still
affiliated with Andersen Worldwide). From an initial headcount of six, the
practice grew to over a hundred staff with eight Partners. Currently, Ruben
heads that Group, which was renamed as Tax Reporting and Operations
Group (TROG). He is also the Country Head for Human Capital Global
Mobility Compliance of SGV. Within Human Capital, he is developing a new
practice area where US income tax returns of individuals are prepared in the
Philippines pursuant to a global engagement of Ernst and Young (EY) and
using an Ernest Young Technology platform.
62 The Thirty-Year AIM Jubilarians
On the personal side, Ruben is married to Bernadette Guevarra, with
a daughter and three sons. His eldest daughter is taking up her masters in
marketing at the University of New York (a graduate of Ateneo de Manila
University). His eldest son is working currently with Pacsports. His second
son is an undergraduate at the Mapua Institute of Technology. His youngest
son is a fourth year student at the Ateneo de Manila High School. His
youngest boy wants to take up law. Ruben is an avid golfer. Only in his first
year of golf, he already achieved a hole-in-one.
Albert Toribio returned to SGV, after graduation. Then, he retired from
SGV and joined a private company. He is now the CFO of Zest Air, the
former Asian Spirit. In class, he was sharp in managerial accounting and
finance. He was the other basketball point guard in our MBM 1 team,
together with Ernie Que. According to Gil Palad, unfortunately, Albert’s
house was inundated by the flood that Typhoon Ondoy brought in last
September 2009, and a week later, it was gutted by fire. His Zest Air boss
made him and his wife stay in a condo (owned by the same boss) at Vito
Cruz, corner Roxas Boulevard, Manila.
Art Falco went back to SGV after AIM to serve his eight-year sentence
(he says jokingly). He was sent to Seoul in 1981-1982 to help the operations
there. He resigned from SGV in 1989 and plunged head on to the prawn
business. It was successful but (he keeps joking) he not last long enough to
become a millionaire.
He returned to the corporate world. He quips further that it is hard to go
back to corporate employment especially if the business is not yours. He
had been a CFO of three publicly listed companies, real estate development,
and telecommunications. He is also active in a foundation (Tapaznon
Foundation, Inc., which extends medical and dental missions, including
cataract operations, scholarships.
Gil Palad was also one of the SGV scholars in our Cohort. After
completing the service contract with SGV, he decided to foray into private
accounting and then joined Electrolux Marketing, Inc., PepsiCo, Inc.,
Kimberly Clark Philippines, Inc., and the Ergo Group.
Now semi-retired, Gil has been doing financial and management
consultancy since 2005. He and his dear wife had a close call this year….but
they are now recuperating fast from their house-burning episode in Manila.
Thanks to the “newsy and ever-caring attitude” of Noel De La Paz and Ben
MBM 1980 63
Rubio….that timely help from many Cohortmates was extended to Gil and
Fred Severino, after graduation, went back to SGV to serve his schooling
contract. Then, he joined Security Bank as a First VP / Comptroller. Her
retired in 1992. Now, after a triple heart by-pass in 1995, he is semi-retired,
but does arms-length supervision from his Batangas orchard over his ventures
in Manila via high tech cel phones and the wireless laptop. He is now healthy
and he says he is feeling like Benjamin Button, a strange case.
After retiring from the bank, Fred has been an entrepreneur dealing
with export/import operation,; has been running a chain of independent and
branded gas stations; and he has been in the forays of recycling of textile
waste products and construction projects. He is also involved in livelihood
assistance projects for low income families.
But because of that heart by-pass surgery, Fred had opted to stay semi-
retired from active life. He spends most of his time in his farm/resort in
Nasugbu Batangas. It is in this mango orchard where he directs his ventures’
operations electronically and wirelessly.
He still collects firearms (long and short), collects and rides big bikes
(speed and cruisers) and also collects a few American V8 vehicles. He also
cruises with his yacht and goes fishing when time permits. He loves to play
with his dogs (the mastiff is the largest and the shitzu is the smallest). In his
farm, he raises horses, cows, carabaos, goats and chickens.
Fred remains happily married to Jane, and they have one adult son, one
adult daughter and one adopted child.
64 The Thirty-Year AIM Jubilarians
The Military Scholars
Assistant Secretary Cesar Bello opted to retire from the military service
but remained with the Department of National Defense, serving in different
positions until he became an Assistant Secretary. He was a Class President in
our first year. After reading his cases for the night in the dorm, he would pick
a novel from his shelf. He said reading a novel made him relax. We do not
know why but he had a phobia about being dunked into the pool.
Police Director (then, a Major in the Philippine Constabulary) Vic Batac
was the coolest, unassuming but very confident classmate. After graduation,
he proceeded with his progressive, albeit colorful and bumpy, military and
police careers, and still managed to retire as a Two-Star General in 2005.
He has been fully supported all throughout his interesting life-journey
by his loving wife, Nene, who has been the pediatrician of the children of
a number of our classmates. They boast of four daughters, three of whom
are also doctors of medicine. The youngest however, chose to take up
management engineering and is now in the banking industry.
Gen Vic (as our Cohort calls him now, like a Big Brother, too) has not
totally cut off his chords with the PNP as he is presently the Executive
Director and a Trustee of the Philippine National Police Foundation, Inc, the
organization that he helped to organize and launch back in 2000 to harness
the community to help equip and support the Philippine National Police and
to help the lowly policeman. This was after his very rewarding two-stage
stints with Philip at Ergo. In addition, he has been dabbling in the security
service industry, printing and publications, and third party logistics, just to keep
himself busy .... and during his free time or whenever invited, he plays golf.
He is also one of the “glues” that keep our Cohort together.
Rudy de Castro, the PAF helicopter pilot, had migrated to Canada in the
Rudy wrote us recently: “I am enjoying my retirement now as most people
in their 60s do. I play golf a lot—-when I mean a lot I mean even during
winter when there’s snow on the ground and at sub-zero temperature.
Sounds crazy but there are a lot of such people here. During the summer
(and during winter, too) I fly my remote controlled airplanes and helicopters.
I would say I have more planes and helis than one Wing in the Air Force.
I have been in Canada for twenty years now with three kids. Judith is a
MBM 1980 65
Bachelor of Science graduate selling drugs ( pharmaceutical ones). Pong (Jr.)
is a licensed civil engineer and King is a mechanical engineering graduate.
That’s the life I made in Canada. Oh, my wife….Fe is working in a nursing
home as a charge nurse. She supports my golf and flying hobbies.”
Tony Siapno retired as a Rear Admiral in 2002, after 38 years of military
service, dedication and duty to God and country. He is remembered as an
MBM classmate who was diplomatically eloquent in case room discussions.
He now is into real estate brokerage.
After graduation, he continued his military career and occupied various
positions until he was designated as the Chief of Naval Staff of the
Philippine Navy, where he earned his first star Later, he was elevated to the
General Headquarters in Camp Aguinaldo where he earned his second star as
Rear Admiral, being the Deputy Chief of Staff for Education and Training.
Finally, he concluded his military career, also in Camp Aguinaldo, as Deputy
Chief of Staff for Personnel.
He became a Management Consultant at the Public Estates Authority for
a few months and later decided to actively practice as a Licensed Real Estate
Broker, a job he continues to perform to this day. He plays golf every now
Johnny Chang Yoon Jeong was the acknowledged Finance expert in our
Cohort, especially in our first year. After graduating from AIM, he returned
to Korea to join a local pharmaceutical company, an affiliate of the global
pharma group, Eli Lilly and Co.
He also worked with Beckton Dickinson Korea (BDK) and became its
CEO and Country Manager.
Way back in the past, Johnny had asked to be moved to taking a high
position in Manpower Development (HRD). One day, in Seoul, he met and
treated Gel Tamayo to lunch. During that lunch, Johnny confessed that he
hated HBO in our MBM first year, and he loathed Gel and Lory when the two
were “going high” in their behavioral analyses of HBO cases. Johnny said he
almost fell down, felt bored, and wanted to go to sleep in many HBO classes.
Then, during dessert time, Johnny surprisingly intimated to Gel that
he believed that HBO should stressed more in business schools, as he was
66 The Thirty-Year AIM Jubilarians
deciding to handle Manpower Services in that big organization in Seoul.
What HBO revelation from our Finance and Accounting wizard in that,
according to him, as a senior executive moves up the corporate ladder in a big
organization, his principal concerns should be understanding, motivating and
managing people in the organization, if he wants people to move effectively
At present, Johnny is the CEO and the Representative Director of
Yungjin Pharmaceutical Co. Ltd which has a $100 million annual turnover.
He wrote us that it is highly likely that he will retire in March, 2010.
Leow Kee Peng was ranked no. 1 overall among our With Distinction
classmates. After AIM, he spent 13 years with Johnson &Johnson in
Malaysia, Singapore and Australia. He then joined RJ Reynolds International
in 1994 and stayed there for seven years as the Malaysian GM, the Greater
China VP (based in HKG) and the Russia VP (based in Moscow). Finally,
he joined BriteSmile, Inc. (a dental company) for six years as VP for Asia
Pacific. He liked the dental business so much, he started his own business of
distributing dental products to dentists in 2006. He now owns Galla Dental
Corp. in Malaysia and SA Dental Supply in Singapore.
Leow is married to Angela Lee.
Philip KC Ng, in his younger days was better known as the undefeated
men’s overall NCAA hurdles champion and the 100-meter sprint champion
from De La Salle Taft. He is an engineer by degree from De La Salle. Philip
KC is also one of the original “glues” that keep our MBM Cohort together.
He regularly contacts Gel Tamayo (the Cohort’s chronicler). Philip’s
Malacca Restaurant along Jupiter Street in Makati, with its excellent and
value-for-money Malaysian and Asian fusion cuisine, has been our Cohort’s
meeting place in 2009.
After graduating in AIM, Philip Ng went entrepreneurial, starting
with men’s fashion, moved on to importing European cars and eventually
becoming the official Porsche agent in the Philippines. In 1986, he ventured
into Office chairs, brand named Ergo, starting with importation, and then
manufacturing in 1990, building the most sophisticated furniture factory in
the Philippines, using computerized cutting and drilling and robot welders.
By then the furniture line expanded to system furniture and metal cabinets.
MBM 1980 67
Philip’s ventures currently include: real estate development, distribution of
interior construction materials, Interior Design software and restaurants. His
areas of operation are Singapore, Malaysia, China and USA.
He is happy with his ventures, and he says gratefully, “Not by my ability
but blessings from the Lord.” He travels a lot for business meetings abroad,
especially in Mainland China and the USA.
He recently finished a course on TQM in Japan, under a grant. From that
short study in Japan, Philip tells us that there should be no stopping with
studying, even in our age, especially if one is into manufacturing or services
that ought to embrace innovation to remain competitive globally.
Philip is married to Maria Lourminda O’Connor and has 3 children: Tim is
in his 2nd year studying Film in CalState Northridge in California; Jasmine is
in her third year, doing Multi Media Arts in College of St. Benilde (La Salle) in
Manila; and the 9 year old son, Michael, is studying in the British School.
Nik Yaacob was one of our more serious classmates. He was a Dean’s Lister
in our second year. He had retired as Chairman and CEO of Sime Darby after
many years at the helm. Sime Darby is one of ASEAN’s biggest companies.
Su Thai Ping reportedly had retired but was rehired. He just entered into
the renewable energy business based in Malaysia. We wish he can send us
his updated data liners.
Man Fuk Lim, joined the banking industry in Malaysia and stayed in it
for the past 29 years. He is currently with a Malaysian bank called AMBANK
as General Manager of its Business Banking Division. He married in 1990
and has three teenage sons.
Lim Chin Hock first taught in Quantitative Analysis in AIM after MBM
graduation. Then, he returned to Malaysia.
At present, he is on a yearly contract as a Senior Lecturer in Marketing at
TAR College. He had retired from the corporate world since six years
ago, due stress syndrome as he wrote us. He said further that his doctors
had told him that he could run faster than a speeding train to continue in the
corporate world, for as long as he would not just jump off the tracks. He adds
that his sons are now grown-ups and working, too.
His current work allows him flexi-time, and, when lectures/tutorials are
finished, he simply goes home. Thus, no more stress and no more admin
problems to worry about.
Lim is not sure to join us in Manila for the 30th MBM Jubilee reunion. He
68 The Thirty-Year AIM Jubilarians
needs to finish marking the examination scripts and to attend the Board of
Examiners’ meeting before he can leave for Manila for the February 2010
homecoming dates. He has been recently assigned to teach in the CIMA
starting at the end of February 2010 in TAR College, and he needs to
juggle all these dates. In his last email, Lim expressed his desire to express
his regards to all Cohortmates, especially after 30 years of silence.
Who knows, he will simply pop in during the AIM Grand Homecoming
Week in February.
Chew Eng Seng is a brilliant math-oriented guy, an engineer who was
always in his element when presenting his numbers in the MBM class. He
returned to Singapore to work in microelectronics industry after AIM. He did a
leveraged buyout and co-founded MPI which got listed in Nasdaq in the early
90s. He moved on to start his own entrepreneurial venture with main focus in
China. He founded SPS group with subsidiaries in aviation and semiconductor
business. He remains an entrepreneur and a great friend of China. He was
recently awarded the National Friendship Award by the Mainland Chinese
Government in the recently celebrated 60th Anniversary National Day.
He just started a new venture called Plurality, which reputedly has the most
advanced microprocessor in the world and thus, has taken a lead role in the
continuing evolution of the computing and mobile communications industries.
Chew tells us that he has greatly benefited from the education at AIM
that bridged his career from engineering to general management to global
Gary Anderson is a look-alike of Robert Redford (or is it the other way
around?). He was the lone American classmate who stayed on to finish MBM
with us. He was a patient fellow. He was not afraid to ask questions, and even
wrote comments in his WAC, which was off-tangent from the main issues.
He replied back: “But real life is like that, Sir.”
Gary wrote us from the USA, and he said that he got a lot more than
MBM 1980 69
his degree at AIM. He married Para (formerly AIM staffer, Paraluman
“Lulu”). They will celebrate their 30th wedding anniversary on January 2,
2010. Gary and his family returned to southern California in 1980 and have
lived in North Tustin since 1994. He was in corporate management, then
construction, and is now a partner in Vantera Partners, a boutique investment
banking firm in Newport Beach, California.
Shodan Purba was a brave Indonesian student, who was not also afraid
to ask questions, even if his English was at times broken. But he often made
sense with his curt queries. He would distribute those special chili flavored
cigarettes that would crackle at the tips when lighted. We do not know
which business he is in now. We wish he can send us his latest data liners.
Rev. Fr. Beda Liu was a mild and approachable person in and outside
the case room. Often smiling and ever humble. He was a highly respected
individual in our class. He simply grinned when other guys cracked green
jokes. He remains as a priest in the Lord’s vineyard to this day.
Jeffrey Shih Kun-Lung opted to join the cement industry but has recently
retired to tend to his own orchard in southern Taiwan. He was the reason that
we as a Class were able to get so many classmates together in the previous
Wasabi Resto of Philip KC Ng for dinner some three years ago.
Lucius Lai King Pui, a BBA graduate from the University of Singapore,
was a friendly chap in the Cohort. He loved to play ping-pong after classes.
He was good in math in AIM.
Lucius is now management consultant and a professional trainer at the
Academy of Management Consultancy in HK.
He served as senior training manager for the largest motor manufacturer
in the Mainland, senior adviser in the Management Development Centre of
Hong Kong of Vocational Training Council, and the director of an education
70 The Thirty-Year AIM Jubilarians
institution offering degree programmes in management in Macao.
Lucius has conducted a wide variety of management courses including
training the management trainer and various topical programmes including
management techniques and project management. He also played a major
role in introducing effective manage-ment approaches e.g. the National
Vocational Qualifications in Management and the Cambridge Career Award
in Project Management.
He had been the administrative executive of a garment factory, the station
manager of worldwide leading courier company, operations manager of
the largest commercial security company in Hong Kong, assistant general
manager of a regional multi-billion dollar off-shore trading company for
branded products, director and general manager of a SME facility company.
His areas of expertise include consulting and teaching in supervisory
management, operations management and organisation development whereby
he undertook a number of key research and development projects, e.g. the
Successful Supervisors Series (a highly popular self-learning programme),
the Managerial Capability Framework (a comprehensive competency
management framework for self development) and the Middle Manager
Series (a collection of training manuals for management workshops).
Lucius took another course under the Oxford U circuit that gave him
the certificate for a “Qualified Development Adviser, Summative Assessor
and Internal Verifier”—-in the University of Oxford’s Delegacy of Local
Examinations for the National Vocational Qualifications in Management.
John Lai and his family migrated to Canada in 1990. His kids have
grown up now, but he still goes to work every day. John goes back to Hong
Kong once a while to visit his parents and brothers and a sister. He hopes one
day he can meet some of our classmates in Southeast Asia, when he drops by
Taipei for business meetings.
Shad Quraeshi went back to Pakistan after graduation. He had settled in
Karachi and now heads the Emirates Global Islamic Bank Ltd.
Asim Mehtab left us after our first year in AIM.
MBM 1980 71
The Canadian (also a Pakistani, with dual passports)
Naqi Azam Naqi Azam had retired from Citibank Group in Europe. He
is a University of the Philippines-Diliman graduate with a BS in Business
Economics. During his 13-year stint at Citibank, he worked in senior
positions as an international staff (crème de la crème) in Greece, Saudi
Arabia, New York and London in operations//technology, treasury and
training. He has now dual nationalities ( Canadian and Pakistani ).
In the mid 90’s, he became an entrepreneur, successfully owned,
established and sold the Dow Jones-Telerate franchise in Pakistan. He
had served in it as CEO. He was also an adjunct professor of treasury
and management at the prestigious Institute of Business Administration
(University of Karachi ). He is a Canadian licensed football coach and has
successfully established two football clubs (Aurora and Shazam).
In 2007, he became a management and financial advisor to a media and
technology conglomerate in Pakistan .
Currently, he is busy doing his own project financing packages in the
Gulf/Asia Pacific region. Because of his many travels in a month, he jocosely
muses that he is like an international pilot.
He has three children: son, Rafi who is a graduate in International Hotel
Management from Royal Roads University Victoria, Canada; daughter,
Sonia, is finishing a degree in Communication, Culture and Information
Technology (CCIT) at University of Toronto; and the youngest son, Sami, age
14, who has made the first level cut at Sporting Lisbon in Portugal. This is
the same club where the famous soccer star Ronaldo started his career. Sami
is also the top midfielder in the province of Ontario.
An intimate group from our Cohort had a dinner for him in Malacca
Restaurant last Sept. 25, 2009, the night before the notorious Typhoon Ondoy
struck Manila and the whole of Luzon.
Too Bad, We Miss The Following Classmates
In spite of the modern technology of group e-mails, contemporary IT and
other telecom modes, we could not contact directly these classmates. We
wanted to ask them to send us their latest “data liners”. We do miss them:
Madhavan Poduval, Nibby Shah, Badruddin Inayat Ali. Leung Ching
72 The Thirty-Year AIM Jubilarians
Tai, Chung Chin Se, Mon Palma Gil, George Taberrah, Tong Ojerio, Ben
Escano, Dewi Soedarmono, Alan Mangorsi, Chito Nepomuceno, Mon
Vargas, Michael Antony, Lam Hee, Goh Kim Khai, Rosley Abdullah,
Lope Uy, Dodjie Marfori, Emil Reyes, Danny Labordo, Henry Brimo,
Shodan Purba, Torch Torres, Gen. Cesar Bello, and Henry Lo.
No Final Good-Byes Yet
Before we take our “ritual bow” as Pearl Jubilarians in the Grand
Homecoming Night, we wish to quote in a good light a German philosopher,
“Every truth passes through three stages before it is recognized. In the
first, it is ridiculed; in the second, it is opposed; in the third, it is regarded as
As we end this “pass-in-review” along life’s memory lane, let us remind
ourselves with the friendly advice from a handful of the die-hard class
“glues” that try to keep our MBM 1980 Cohort together: “Life is short but
has a lot to offer. Do the bonding”.
But we look forward to another thirty years or more to celebrate several
MBM 1980 milestones, and to see our contributions in AIM bear more fruits.
We have no intentions of fading away. Not yet. We remain to “romance
the future” with AIM. We still believe. Mabuhay. Maraming salamat po.
MBM 1980 73
74 The Thirty-Year AIM Jubilarians