(Editor's Note: Manny Pangilinan is ranked as the 39th richest man in the Philippines in 2008 with a net worth of US$ 39 million)
Born in the Philippines in July 1946, Mr Manny Pangilinan graduated cum laude from the Ateneo de Manila University, the Philippines, with a Bachelor of Arts degree in Economics. He neceived his MBA degree in 1968 from the Wharton School of Finance and Commerce at the University of Pennsylvania, where he was a Procter & Gamble Fellow.
After graduating from Wharton, Manny Pangilinan worked in Manila for Philippine Investment Management Consultants Inc. (the PHINMA Group) and in Hong Kong with Bancom International Limited and American Express Bank, and thereafter with First Pacific Company Limited.
Mr Manny Pangilinan founded First Pacific in 1981 and served as Managing Director until 1999. He was appointed as Executive Chairman until June 2003, when he was named as CEO and Managing Director. Within the First Pacific Group, he holds the positions of President Commissioner of P.T. Indofood Sukses Makmur Tbk, the largest food company in Indonesia.
In the Philippines, Manny Pangilinan was named as Chairman of Philippine Long Distance Telecphone Co (PLDT) , the country’s dominant telecom company after serving as its President and CEO until February 2004. He also serves as Chairman of Metro Pacific Investments Corporation, Landco Pacific Corporation, Pilipino Telephone Corporation, and Smart Communications, Incorporated, the largest mobile phone operator in the Philippines.
Outside the First Pacific Group, Mr Manny Pangilinan is a member of the Board of Overseers of The Wharton School, University of Pennsylvania in the United States, and is Chairman of the Board of Trustees of Ateneo de Manila University. He also serves as Chairman of the Medical Doctors Inc. (operating the Makati Medical Center), and the Hong Kong Bayanihan Trust, a non-stock, non-profit foundation which provides vocational, social and cultural activities for Hong Kong’s foreign domestic helpers. On February 5, 2007, Mr Pangilinan was named the President of the BAP - Samahag Basketbol Ng Pilipinas, a newly formed national sport association for basketball.
Mr Manny Pangilinan is Chairman of Philippine Business for Social Progress (PBSP), a social action organization made up of the country’s largest corporations, Vice Chairman of the Foundation for Crime Prevention, a private sector group organized to assist the government with crime prevention, a member of the Board of Trustees of Caritas Manila and Radio Veritas-Global Broadcasting Systems, Inc., a former Commissioner of the Pasig River Rehabilitation Commission, and a former Governor of the Philippine stock exchange.
Mr Pangilinan has been awarded the Ten Outstanding Young Men of the Philippines (TOYM) for International Finance (1983), the Presidential Pamana ng Pilipino Award by the Office of the President of the Philippines (1996), Doctor of Humanities (honoris causa) by the San Beda College (2002), Best CEO in the Philippines by Institutional Investor (2004), CEO of the Year (Philippines) by Biz News Asia (2004), People of the Year by People Asia Magazine (2004) Distinguished World Class Businessman Award by the Association of Makati Industries, Inc. (2005), Man of the Year by BizNews Asia (2005), and Management Man of the Year by the Management Association of the Philippines (2005).
In May 2006, the Office of the President of the Republic of the Philippines awarded Manny Pangilinan the Order of Lakandula, rank of a Komandante in recognition of his contributions to the country. He was awarded Honorary Doctorate in Humanities by the Xavier University in 2007.