Ads can change lives
By Roger Pe
Some people say advertising is a waste of time and money. The good thing is, the number of people who say that today is getting fewer and fewer every day.

Some people say advertising is a waste of time and money. The good thing is, the number of people who say that today is getting fewer and fewer every day.

When Eduardo Sahagun, or Ed as he is called, was named chief executive officer of Holcim Philippines in September last year, the people in the company were so happy and proud to have one of their own as the new big boss.

It’s not often that shareholders give a standing ovation at the end of the president’s annual report but Aurelio “Gigi” Montinola III got what he deserved as he bowed out as chief of Bank of the Philippine Islands on April 18.

Russian billionaire Alisher Usmanov has topped an annual “rich list” compiled by Britain’s Sunday Times newspaper, with a fortune of £13.3 billion ($20.3 billion).

Philippine Savings Bank has announced the retirement of long-time president Pascual Garcia III and the appointment of Vicente Cuna Jr., an executive at parent company Metropolitan Bank and Trust Co., as his successor effective Friday.

Andrew Tan is the chief executive officer of Alliance Global Group Inc., a holdings company that has interests in food and beverage, real estate and gaming.

Bryan Tiu was only about 18, still in school, when he first tried his hand in business via a pizza chain franchise.

Her colleagues and employees are the first to say that Esther Asuncion-Vibal, founder and chairperson of the Vibal Group of Companies, has more energy and passion than her grandchildren.

Marlon Stockinger is getting even closer to his dream of becoming a Formula One driver.

Eleven tycoons from the Philippines made it to Forbes Magazine’s 2013 roster of richest people on the planet, still led by Henry Sy and family whose group dominates local retailing, residential and mall development, and banking.

A Vietnamese property developer who started out making noodles in Ukraine joined mega-rich Hong Kong magnate Li Ka-shing for the first time on Forbes magazine’s world’s billionaires list Monday.

Mexican tycoon Carlos Slim, Microsoft’s Bill Gates and Zara fashion house boss Amancio Ortega of Spain topped the Forbes list of the world’s wealthiest billionaires Monday.