Alfonso Yuchengco
Encyclopedia
Alfonso T. Yuchengco is a prominent industrialist, certified public accountant, FEU alumnus, educator, and diplomat in the Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...

.

He heads the Yuchengco Group of Companies, one of the largest family-owned business conglomerates
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...

 in the Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...

. He is the Chairman of Rizal Commercial Banking Corporation, one of the largest commercial banks in the Philippines. He is also the Chairman of the Mapúa Institute of Technology
Mapúa Institute of Technology
Mapúa Institute of Technology is a private, non-sectarian, Filipino tertiary institute located in Intramuros, Manila and in Makati....

, a leading engineering school in the country. Father of Alejandro Alfonso Andrew S. Yuchengco Jr. and Engaged now to Viola Victoria L. Aluyen.

Education

Yuchengco holds a Bachelor of Science
Bachelor of Science
A Bachelor of Science is an undergraduate academic degree awarded for completed courses that generally last three to five years .-Australia:In Australia, the BSc is a 3 year degree, offered from 1st year on...

 in Commerce
Commerce
While business refers to the value-creating activities of an organization for profit, commerce means the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural, and technological systems that are in operation in any...

, major in Accountancy
Accountancy
Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in...

, from the Far Eastern University
Far Eastern University
Far Eastern University in the University Belt area, West Sampaloc, City of Manila, is a nonsectarian, private university in the Philippines. Created by the merger of Far Eastern College and the Institute of Accounts, Business and Finance, FEU became a university in 1934 under the guidance of...

. He took and passed the licensure examinations for certified public accountant
Certified Public Accountant
Certified Public Accountant is the statutory title of qualified accountants in the United States who have passed the Uniform Certified Public Accountant Examination and have met additional state education and experience requirements for certification as a CPA...

s in the Philippines.

Business interests

Yuchengco is the Chairman of the Yuchengco Group of Companies. He is also concurrently the Chairman of the Board of MICO Equities, Inc. (holding company of the Malayan Group of Insurance Companies); Pan Malayan Management and Investment Corporation; Mapúa Institute of Technology; Nippon Life Insurance Company; and the Rizal Commercial Banking Corporation.

He has been the Chairman of the Board of Directors of GPL Holdings; House of Investments, Inc.; BA Savings Bank; Dole Philippines; Philippine Long Distance Telephone Company
Philippine Long Distance Telephone Company
The Philippine Long Distance Telephone Company commonly known as PLDT, is the largest telecommunications company in the Philippines. PLDT is also the largest company in the Philippines, ranked 1138th in the April 2009 update, and 1080th in the April 2010 update, of Forbes' Global 2000 list...

; Benguet Corporation; and the Philippine Fuji Xerox Corporation.

Academe

Yuchengco is the Chairman of the Board of Trustees of the Mapua Institute of Technology
Mapúa Institute of Technology
Mapúa Institute of Technology is a private, non-sectarian, Filipino tertiary institute located in Intramuros, Manila and in Makati....

, a top-performing engineering school in the country. He is also the Chairman of the Malayan Colleges Laguna
Malayan Colleges Laguna
The Malayan Colleges Laguna is a private, non-sectarian, and wholly owned subsidiary of Mapúa Institute of Technology along with the other subsidiaries like the Mapúa IT Center in Makati City and the Malayan High School of Science in Manila.The campus is located in Cabuyao, Laguna, where several...

, and Malayan High School of Science
Malayan High School of Science
The Malayan High School of Science is a private secondary educational institution established in 2005 and is managed and operated by the Mapúa Institute of Technology . It is located on a one-hectare property along P...

, an innovative science high school.

He has been a member of the Board of Advisors of the Columbia Business School
Columbia Business School
Columbia Business School is the business school of Columbia University in Manhattan, New York City. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students...

, one of the leading business school
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...

s in the world.

Diplomacy

Yuchengco has been the Philippine Permanent Representative to the United Nations
United Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...

, with the rank of Ambassador Extraodinary and Plenipotentiary (A.E.P.).

He has also served as the Presidential Adviser on Foreign Affairs in 2004; Presidential Assistant on APEC Matters in 1998; Philippine Ambassador to Japan in 1995; Philippine Ambassador to the People's Republic of China from 1986 to 1988; and Presidential Special Envoy to Greater China, Japan and Korea.

In 2005, Philippine President Gloria Macapagal Arroyo appointed Yuchengco as one of the members of the Consultative Commission for Charter Change, a special body tasked to study and recommend changes in the 1987 Philippine Constitution.

Sociocivic affairs

Yuchengco is the Chairman of the Board of Bantayog ng mga Bayani Foundation. He is also the Chairman Emeritus and Member of the Board of Governors of the Philippine Ambassadors Foundation; and Chairman Emeritus and Past President of the Philippine Ambassadors Association.

He is a member of the Board of Judges and a Principal Sponsor in the Mother Teresa Awards.

Awards

Yuchengco has received the following awards and citations:
  • Order of the Sacred Treasure, Gold and Silver Star, from the Emperor of Japan
    Emperor of Japan
    The Emperor of Japan is, according to the 1947 Constitution of Japan, "the symbol of the state and of the unity of the people." He is a ceremonial figurehead under a form of constitutional monarchy and is head of the Japanese Imperial Family with functions as head of state. He is also the highest...

    , 2003.
  • Grand Cordon of the Order of the Rising Sun, from the Emperor of Japan
    Emperor of Japan
    The Emperor of Japan is, according to the 1947 Constitution of Japan, "the symbol of the state and of the unity of the people." He is a ceremonial figurehead under a form of constitutional monarchy and is head of the Japanese Imperial Family with functions as head of state. He is also the highest...

    .
  • Order of Sikatuna, Rank of Datu, from then Philippine President Fidel Valdez Ramos.
  • Knight Grand Officer of Rizal, Knights of Rizal.
  • Order of Lakandula, Rank of Bayani (Grand Cross).
  • Most Distinguished Alumnus and Hall of Fame Awardee, Far Eastern University
    Far Eastern University
    Far Eastern University in the University Belt area, West Sampaloc, City of Manila, is a nonsectarian, private university in the Philippines. Created by the merger of Far Eastern College and the Institute of Accounts, Business and Finance, FEU became a university in 1934 under the guidance of...

    , 1955 and 2003.

External links

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