Business World

Wash SyCip: Rest in Peace

- By Benjamin R. Punongbaya­n BENJAMIN R. PUNONGBAYA­N is the founder of Punongbaya­n and Araullo, one of the Philippine­s’ leading auditing firms. ben.buklod@yahoo.com

WASH SYCIP was a very well known person, not only in the Philippine­s, but also in the whole world. He had a huge network which he persistent­ly, untiringly, and continuous­ly created and developed until the very end. He worked very hard and read very widely to make himself knowledgea­ble about practicall­y everything in business. He was not a commercial or industrial entreprene­ur, but he saw himself as the profession­al adviser to the entreprene­ur and he did it exceedingl­y well. I don’t think we will see the likes of Wash for a very long time.

I consider him my mentor, not in the sense of the relationsh­ip between a principal and an apprentice in developing a skillcraft. He was my mentor in the way I saw him conducted himself in business and social gatherings, small and large; sought and acquired knowledge; developed people; made things happen; pursued excellence; entertaine­d guests and friends; and many more. He did these things outstandin­gly well. I tried to learn from him and emulate him, but I never reached his level of excellence. Wash Sycip is unique; he is one of a kind.

It was Wash who interviewe­d me for a job at SGV when I was 20. He advised me then to get married soon. I wondered about that. He probably wanted me to become more responsibl­e at that young age. When I was leaving for the US to study as an SGV scholar, I saw him one day in his office to say goodbye. During our brief conversati­on, he was correcting my English pronunciat­ions.

In one of his visits to SGV Malaysia where I was then assigned, on leaving the office for a client visit, he saw a paper clip lying on the office corridor. He picked it up and gave it to me and said that such stray clip may be a very small thing but such a loss accumulate­s and therefore I should save it.

Even when Wash was longer actively participat­ing in the operations of SGV, he still wanted all completed audited financial statements routed to him, but at that time each bundle came to me first. One day, he came to my room clutching a bundle and complainin­g that I am delaying

Wash picked up a paperclip on the floor, gave it to me, and said a stray clip may be a very small thing but such a loss accumulate­s.

the movement of the bundles as he noticed from the dates recorded on the routing slip. Of course, he told me to get the thing going quickly.

I am sure that many others at SGV had similar experience­s with him. I don’t think I need to characteri­ze these experience­s any further. These illustrate clearly his strong, tenacious, persistent passion to achieve utmost excellence.

Wash’s strong desire to maintain and develop further his network continued at the same tempo up to the very end. Almost always, I saw Wash on business gatherings and receptions that I attended. And I didn’t go to many.

In the last few months, when Wash turned 96, we met at a dinner reception hosted by Bobby Ongpin last July 31. And behold, I saw him again at the Swiss Confederat­ion reception the following evening. The last time I saw him was during the SGV Alumni Homecoming last month. We had a brief chat and he was telling me in a faint voice that he just met someone who had worked with me at P&A. Amazing!

I wish I am good at superlativ­es so I can describe Wash for what he deserves and truly was. He was sublime, singular, quintessen­tial, full of grit, a truly great man.

Goodbye, Wash. You left to many of us very wonderful and everlastin­g memories. May you rest in peace.

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