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14 June 2021 – The Makati Business Club held its Annual Membership Meeting for 2021 and conducted the elections for six (6) Board seats today. MBC also announced its first set of committees for various national development projects.

MBC Treasurer Riza Mantaring, presided over the meeting. She reported that MBC has remained focused on projects that promote a democratic, sustainable, and inclusive economy. “Trustees, members, and the staff got deeply involved in private sector and public-private activities to address the crisis on the national level. MBC has played a leading role in organizing or co-organizing a good number of these partnerships and activities,” said Ms. Mantaring.

“MBC was formed 40 years ago this year — 2021 — in another crisis. The business sector played a key role in defeating that crisis, and rebuilding jobs, wealth, and democratic institutions after. We are confident we will all do so again,” added Ms. Mantaring.

At the meeting, the following were elected to the board, serving until 2023:

  • Jose Carlitos Cruz (SGV & Co.)
  • Doris Magsaysay Ho (A. Magsaysay Inc.)
  • Rizalina G. Mantaring (Sun Life Financial Philippines)
  • Jose Victor Paterno (Philippine Seven Corporation)
  • Ramon R. Del Rosario, Jr. (PHINMA Corporation)
  • Jaime Augusto Zobel de Ayala (Ayala Corporation)


They join the following trustees, who are serving until 2022:

  • Edgar O. Chua (Cavitex Holdings Corporation)
  • Jose L. Cuisia (The Covenant Car Company / Chevrolet)
  • Guillermo D. Luchangco (ICCP Group)
  • Roberto F. De Ocampo (Philippine Veterans Bank)
  • Manolito T. Tayag (Accenture)


The following were announced as chairpersons of MBC’s project committees, which MBC members are invited to volunteer for:

  • Economic Affairs: Jocot de Dios (CEO, Prime Metro BMD) 
  • Governance: Patricia Bunye (Senior Partner, Cruz Marcelo & Tenefrancia)
  • Global Ideas: Jaime Alfonso Zobel de Ayala (Head, International Business Development Team, Ayala Corporation)
  • MBC Digital: Victor Paterno — interim (MBC Trustee; CEO, Philippine Seven Corporation)
  • Women in C-Suite – Chairperson TBC
  • Democracy and Free Enterprise – Chairperson TBC
  • Business in Biking – Chairperson TBC


Read MBC’s 2020 Annual Report:

Check out MBC’s Projects and Programs