Manuel Velez Pangilinan, (born July 14, 1946), also known by his initials MVP, is a

Filipino Filipino may refer to: * Something from or related to the Philippines ** Filipino language, standardized variety of 'Tagalog', the national language and one of the official languages of the Philippines. ** Filipinos, people who are citizens of th ...

businessman and sports patron. He is the managing director and CEO of First Pacific Company Limited, a Hong Kong-based investment management and holding company with operations in the Asia-Pacific region. Pangilinan is also First Pacific's chairman for the group's investments in the Philippines, such as Metro Pacific Investments Corporation,

PLDT PLDT, Inc., formerly known as the Philippine Long Distance Telephone Company ( fil, Kompanya ng Teleponong Pangmalayuan ng Pilipinas), is a Philippine telecommunications, internet and digital service holdings company. It is one of the country's ...

, and Philex Mining Corporation. He is chairman Emeritus of the

Samahang Basketbol ng Pilipinas The Samahang Basketbol ng Pilipinas () or the SBP is the national sport association for basketball in the Philippines, formed from the merging of the Basketball Association of the Philippines (BAP) and Pilipinas Basketball (PB). It was formed ...

(SBP) and was its first president, having served two consecutive terms from 2007 to 2018.

Education

Pangilinan completed his primary and secondary

education Education is a purposeful activity directed at achieving certain aims, such as transmitting knowledge or fostering skills and character traits. These aims may include the development of understanding, rationality, kindness, and honesty ...

San Beda College es, Universidad de San Beda , image = San Beda University seal.svg , image_size = 150px , caption = University Seal , latin_name = Universitas Sancti Bedæ , former_names ...

. He graduated '' cum laude'' from the

Ateneo de Manila University , mottoeng = Light in the Lord , type = Private, research, non-profit, coeducational basic and higher education institution , established = December 10, 1859 , religious_affiliation = Roman Catholic ( Jesuits) , academic ...

with a Bachelor of Arts degree in Economics. Pangilinan won a competition sponsored by

Procter & Gamble The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio, founded in 1837 by William Procter and James Gamble. It specializes in a wide range of personal health/consumer he ...

for a scholarship to the

Wharton School of the University of Pennsylvania The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in ...

and graduated in 1968 with a

Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accoun ...

degree.

Career

Pangilinan's first job was as the executive assistant to the president of the Philippine Investment Management Consultants, Inc. (PHINMA) where he served for six years. In 1976, Pangilinan relocated to Hong Kong as executive director at Bancom International, an investment bank, where he gained experience in international finance. He then went on to the American Express in Hong Kong as an investment banker. In Hong Kong, Pangilinan co-founded

First Pacific First Pacific Company Limited () is a Hong Kong-based investment management and holding company with operations located in Asia. It involves telecommunications, consumer food products and infrastructure. History * 1981: First Pacific Financ ...

in 1981 with Sudono Salim and Salim's son, Anthoni Salim. In 1987, Pangilinan established

Metro Pacific Metro Pacific Investments Corporation (MPIC) is a Philippine-based unit investment holding company of First Pacific Company Limited through Metro Pacific Holdings, Inc. MPIC through its subsidiaries, provides water, sanitation, and sewerage se ...

as First Pacific's investment arm in the Philippines. As chairman of Metro Pacific, Pangilinan contributed to nation building through major investments in power distribution and energy innovations (

Meralco The Manila Electric Company (), also known as Meralco (, ), is an electric power distribution company in the Philippines. It is Metro Manila's only electric power distributor and holds the power distribution franchise for 22 cities and 89 munic ...

), urban water concession ( Maynilad Water Services), tollways (Metro Pacific Tollways Corporation), upgrading hospitals and health services (Metro Pacific Investments Corporation). He is also Chairman of TV5 and Philex Mining Corporation. In 1998, First Pacific acquired

, the largest telecommunications firm in the Philippines. The company, which had once been troubled by debt and technological issues, improved under First Pacific's management to become the nation's leading provider of digital communications. Pangilinan is also a major patron of Philippine sports. He owns three PBA teams –

TNT KaTropa The TNT Tropang Giga is a professional basketball team currently owned by Smart Communications, a subsidiary of the Philippine Long Distance Telephone Company (PLDT), playing in the Philippine Basketball Association (PBA) since 1990. The fr ...

, the Meralco Bolts and the NLEX Road Warriors. He founded the

(SBP), the national sport association for basketball in the Philippines. He served as the first president of SBP for two consecutive terms (2007 to 2016). He is currently the chairman emeritus of SBP. He was elected to the Central Board of

FIBA The International Basketball Federation (FIBA ; French: ) is an association of national organizations which governs the sport of basketball worldwide. Originally known as the (hence FIBA), in 1989 it dropped the word ''amateur'' from its nam ...

in 2014. Moreover, his MVP Sports Foundation has supported other Philippine athletes, some of whom won gold medals in the

2018 Asian Games The 2018 Asian Games ( id, Pesta Olahraga Asia 2018 or ''Asian Games 2018''), officially known as the 18th Asian Games and also known as Jakarta-Palembang 2018 or Indonesia 2018, was a continental multi-sport event that was held from 18 Augus ...

Involvement in sports

Pangilinan is a sports patron having been raised from a basketball loving family. His mother was a fan of the

San Beda Red Lions The San Beda Red Lions is the collegiate varsity basketball team of the San Beda University that plays in the NCAA. The juniors basketball team is called the Red Cubs of San Beda University–Rizal, while the women's varsity basketball team is c ...

basketball team and was best friends with Caloy Loyzaga. His father played the sport along with baseball and tennis. Pangilinan himself plays badminton. Through the MVP Foundation, Pangilinan funds initiatives on badminton, boxing, golf and taekwondo.

Honors

National Honors * PHI Order of Lakandula Commander BAR

: Order of Lakandula, Commander – (May 24, 2006) * PHI Order of Lakandula Grand Cross BAR

: Order of Lakandula, Grand Cross – (June 5, 2010)

References

External links