The Manila Times

Fred Pascual is MAP President for 2022

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ALFREDO “Fred” ESPINOSA PASCUAL is the President of the Management Associatio­n of the Philippine­s (MAP) for 2022. Mr. Pascual is the 73rd President of the MAP since its inception in 1950.

A governance advocate, Mr. Pascual currently serves as the Lead Independen­t Director (ID) at SM Investment­s Corp. He is also an ID at other publicly-listed companies, including Megawide Constructi­on and Concepcion Industrial. His board seats include nonprofits and other organizati­ons, such as Institute of Corporate Directors (ICD), Institute for Solidarity in Asia (ISA), FINEX Academy, University of the Philippine­s (UP) Foundation, Philippine Council for Foreign Relations, and US-Philippine­s Society. He led ICD as President and CEO in 2018-2019.

From 2011-2017, he served as President and Co-Chair of UP, a system comprised of 8 constituen­t universiti­es with 17 campuses across the country. He spearheade­d ambitious reforms and innovative programs to transform UP into a researchin­tensive university, raise its internatio­nal standing, and strengthen its public service capabiliti­es. He enabled UP to generate significan­t increases in financial resources from government budget allocation­s, private donations, and incomegene­rating projects. Extensive modernizat­ion and expansion of the campuses’ physical facilities, research laboratori­es, cyber-infrastruc­ture, and informatio­n systems became possible under his leadership.

Before becoming UP President, he was Alumni Regent on the UP Board. He also served as Trustee at Internatio­nal Rice Research Institute and Philippine Institute for Developmen­t Studies.

Prior to becoming an academic leader, he worked at Asian Developmen­t Bank (ADB) for 19 years (19892008) in various positions, including Director for Private Sector Operations, Director for Project Finance, Advisor for Public-Private Partnershi­p, and Senior Investment Officer. He authored a strategy that provided the framework for ADB’s efforts to promote the private sector as the engine of economic growth. He oversaw various infrastruc­ture and financial sector projects in several Asian countries, such as China, India, Vietnam, Pakistan, Philippine­s, Indonesia, and Afghanista­n.

He had postings at ADB’s resident offices in India and Indonesia. He represente­d ADB on the corporate boards of over a dozen investee companies (e.g., banks, funds, financial institutio­ns, and manufactur­ing firms) in China, India, and the Philippine­s.

Earlier on, Mr. Pascual took a management educator role in the 1980s as finance professor at the Asian Institute of Management (AIM). His duties at AIM included the directorsh­ip of the Advanced Bank Management Program.

At present, his other affiliatio­ns include being a member and Past President of Rotary Club of Makati, honorary member of Philippine-American Associatio­n of Scientists and Engineers (PAASE), and President of the global Associatio­n of Former Employees of ADB.

He graduated from UP with an MBA and a BS Chemistry (cum laude). UP and four other universiti­es have conferred honorary doctorates on him. His other recent honors include the Philippine Presidenti­al Lingkod Bayan Award, CEO Excel Award from IABC PH, Asia Circle of Excellence for Global Filipino Executives, UP Alumni Associatio­n Lifetime Distinguis­hed Achievemen­t Award, and Rotary Golden Wheel Award for Higher Education.

The other MAP officers for 2022 are Dr. DONALD LIM, COO, DITO CME Holdings, Inc., as VP; Mr. WILSON TAN, Chair and Country Managing Partner, SGV & Co., as Treasurer; Mr. ROMY BERNARDO, Managing Director, Lazaro Bernardo Tiu & Associates, as Asst. Treasurer; Ms. MAAN HONTIVEROS, Managing Director, CEO Advisors, Inc., as Secretary; and Atty. ALEX CABRERA, Chair Emeritus and ESG Leader, Isla Lipana & Co./PwC Philippine­s, as Asst. Secretary.

The other MAP Governors are Dr. CIEL HABITO, Chair, Brain Trust, Inc.; Dr. CHITO SALAZAR, President, PHINMA Education Holdings Inc.; and Sec. BABES SINGSON, President and CEO, Metro Pacific Water.

 ?? ?? MAP President, ALFREDO “Fred” E. PASCUAL
MAP President, ALFREDO “Fred” E. PASCUAL

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