Montinola elected 2021 MAP President | Inquirer Business

Montinola elected 2021 MAP President

/ 04:02 AM January 05, 2021

FAR EASTERN University chair Aurelio R. Montinola III

Retired banker Aurelio Montinola III has been elected the new president of influential professional organization Management Association of the Philippines (MAP) for 2021.

Montinola, chair of Far Eastern University (FEU), is the 72nd president of MAP since its inception in 1950. He succeeds veteran lawyer and former Philippine Stock Exchange president Francis Lim.


Montinola chairs Amon Trading, East Asia Computer Center, Far Eastern College Silang, Nicanor Reyes Educational Foundation, FEU High School, FEU Alabang and Roosevelt College.

He also chairs the Ramon Magsaysay Award Foundation, WWF Philippines National Advisory Council and National Golf Association of the Philippines. He is also vice chair of the Philippine Business for Education.


He is currently a director of the Bank of the Philippine Islands (BPI) and independent director of Roxas and Company Inc., both publicly listed corporations. He is also a director of the BPI/MS Insurance Corp.

Montinola previously served as president of BPI and the Bankers Association of the Philippines.

He was awarded the 2005 and 2010 Asian Banker Leadership Award for the Philippines, and was named the 2012 “MAP Management Man of the Year.”

He graduated with a Bachelor of Science in Management Engineering at the Ateneo de Manila University in 1973 and received his masters of business administration at Harvard Business School in 1977.

Emmanuel Bonoan, vice chair and chief operating officer of KPMG R.G. Manabat & Co., is vice president of MAP for this year.

Maria Victoria Españo, chair and CEO of P&A Grant Thornton, is treasurer, while CEO Advisors managing director Marianne Hontiveros is secretary. Romeo Bernardo, managing director of Lazaro Bernardo Tiu & Associates, is assistant treasurer.

The other MAP governors are: Danilo Concepcion (president of the University of the Philippines); Alfredo Pascual (lead independent director of SM Investments Corp.); Rogelio Singson (former Public Works and Highways secretary and president and CEO of Meralco Powergen Corp.); and, Wilson Tan (chair and country managing partner of SGV & Co.). —Doris Dumlao-Abadilla INQ

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