Connect with us

Hi, what are you looking for?

News

Filinvest group co-founder passes away at 94

MERCEDES T. GOTIANUN, chairperson emerita of the Filinvest group of companies, passed away on Dec. 11, 2022, leaving behind a business enterprise in which she has been regarded as the perfect complement to its visionary leader, her late husband.

Chita, 94, is said to be the “tireless implementor” of Andrew Gotianun, Sr., the founder of Filinvest Development Corp. (FDC).

“Widely admired for her work ethic, she was known to be organized, determined, and energetic. She persevered to accomplish her goals extraordinarily,” the Filinvest group said in a statement on Monday.

It said Andrew and Chita’s “harmonious synergy created a fruitful conglomerate,” which is now known as FDC and has interests in land development, universal banking, sugar milling and refining, hotels, utilities, and infrastructure.

The Filinvest group said that even as a young student, Chita was a hardworking achiever — graduating valedictorian in elementary and high school, maintaining her status as a university scholar before graduating magna cum laude with a B.S. Pharmacy degree from the University of the Philippines.

It added that the admired business leader will be remembered as the first woman president of a Philippine universal bank, having co-founded and led in the ’70s and ’80s Family Bank and Trust Co., the precursor to BPI Family Savings Bank.

She was the eldest among eight siblings, “often described as a fierce protector of the family showing her maternal side even during the early years of her life,” it said.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Editor’s Pick

<?xml encoding=”utf-8″ ??> Pressure on the Tory Party chairman increases as the head of HMRC says there are no penalties for ‘innocent errors’. Nadhim...

Editor’s Pick

<?xml encoding=”utf-8″ ??> With the increased threat of industrial strike action looming across the UK, we consider whether a force majeure clause can strike...

Editor’s Pick

<?xml encoding=”utf-8″ ??> TSB’s 5,700 staff and executives are to share a 10% bigger bonus pot this year, after rising interest rates pushed the...

Editor’s Pick

<?xml encoding=”utf-8″ ??> NatWest is to shut another 23 branches in England and Wales, adding to a raft of high street banking closures already...

Editor’s Pick

<?xml encoding=”utf-8″ ??> Shell has put more than 2,000 jobs in the UK at risk after launching a “strategic review” of its domestic energy...

Editor’s Pick

<?xml encoding=”utf-8″ ??> British taxpayers have become shareholders in a further 53 companies backed by a government rescue funding scheme. These firms include a...

You May Also Like

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.