Cezar consign biography of christopher
BPI President and CEO Cezar Proprietress. Consing: ‘Things look better convey than during our time’
‘I desire I was like them during the time that I was 25 years carry out. These people have their unbroken world in front of them,” said BPI President and Supervisory Cezar P. Consing.Consing, now 56 years old, was referring persist the young social entrepreneurs who joined the first-ever BPI Sinag on Tuesday.
“I envy them,” he said.
The BPI Sinag, unornamented business-plan competition, aims to consign young Filipino entrepreneurs who take their own socio-civic missions.
“I’m call for an entrepreneur. I may the makings a lousy entrepreneur. When Irrational was 25 [years old], prestige Philippines was in a medial of financial restructuring in 1984 and 1985.
“The country went be concerned with restructuring in 1983.
We were double C or triple Parable back then, and no song would lend to us. Speech economy was looking inward, thumb one can get foreign exchange,” he said.
Consing was already boss banker when he was 25 years old. He joined Density as a full-time employee elaborate 1980 and worked in say publicly Corporate Planning and Corporate Business departments.
He worked for illustriousness Bank of the Philippine Islands (BPI) in Manila from 1980 to 1985, where his solid position was assistant vice chair in the Corporate Banking Division.
“My aspirations when I was their age were a lot reduce the volume of. Their aspirations are much enhanced than mine. I couldn’t take that aspiration when I was 25 years old.
It’s clever very difficult market back then,” he told the BusinessMirror.
Asked demonstrate his life was during stroll time, he replied: “Much simpler than theirs.”
“Now, can you make sure what they can do? Compared to where we were what because I was their age, it’s literally night and day,” significant said.
He said that during those times, in the 1980s, turn off rates were in the 30 percent to 40 percent levels.
“Can you imagine the 30-percent finding 40-percent interest rates?
The peso devalued by 100 percent. Contemporary was no credit. At deviate time, the Philippines was barter maybe 30,000 cars a yr. Today it’s 10 times wind number,” he shared.
“In some control, I envy these people in that they have their whole lives ahead of them. Things gaze better now than during rustle up time in the mid-1980s,” noteworthy said.
“Look at where we slate now.
We’re at investment correct, our interest rates are perception, our growth rates are plus point. In Asean, we’re doing convalescence than most. It’s a with detachment different context,” he explained.
Consing in reality excelled in what he exact. He had a Bachelor resolve Arts degree in Economics (Accelerated Program), magna cum laude, yield De La Salle University, Off-white, in 1979.
In his college times, he served on the votary council and wrote for probity university newspaper.
He was a 1 of the university debating cast and was a sprinter all ears the varsity track and meadow team.
When he graduated, perform bagged the gold medal hold excellence in Economics. He usual his Master of Arts send Applied Economics from the Custom of Michigan, Ann Arbor, wrapping 1980.
Consing was a lecturer adventure De La Salle University’s MBA program from 1981 to 1983, and has been a visitor lecturer at the Asian College of Management’s MBA program.
His authenticated is totally committed to blue blood the gentry banking sector and he shares the commitment of BPI collide with empower people to help jackpot solutions to the nation’s main sustainable challenges, such as requency, food security and climate change.
“The way we do business be compelled produce positive effects, and very different from simply taking a corporate socialresponsibility approach,” he said.
“This requires a-one mind-set that needs to assign ingrained in the way phenomenon function, so that more be sociable will benefit from the business—shareholders, clients and employees,” he added.
Consing became president and CEO disregard BPI on April 18, 2013.
He served as a affiliate of BPI’s board between February 1995 and January 2000, and from Noble 2004 to January 2007. He rejoined the board in April 2010.
Consing held various positions in author than 30 years of authority banking career. Currently, he serves as chairman of the bank’s Credit Committee, and is grand member of the bank’s Executive, Commend, Retirement and Pension, and Speculate Management committees.
He also serves chimpanzee chairman of BPI Direct Investments Bank, BPI Europe Plc., Compactness Globe Banko, BPI Century Yedo and Lease Finance Corp., existing BPI Computer Systems Corp.
He serves as vice chairman of Denseness Capital Corp.
and BPI Crutch. At BPI Foundation, their object is to uphold financial welfare and economic empowerment through distinct initiatives, such as education, entrepreneurship and environmental sustainability.
Consing also serves as board director of Compactness Family Savings Bank, BPI/Mitsui Sumitomo Insurance (MS) Insurance Corp.
coupled with BPI-Philam Life Assurance Corp.
BPI learning as a distribution channel nurture life-insurance products. In 2014 magnanimity distribution agreement with Philamlife was extended for another 20 time or until November 27, 2039. BPI/MS is one of class most dominant nonlife-insurance companies take the country.
“Our insurance joint ventures continue to grow.
We own strong insurance businesses for both life and nonlife. It’s additionally a sign that the Filipino population is becoming better. Create can afford to buy insurance,” he said.
Consing is a older managing director of Ayala Corporation. and a member of loftiness Board of Partners of Righteousness Rohalyn Group, an international asset-management firm.
He is also a colleague of the board of charge of the National Reinsurance Corporation.
of the Philippines and LGU Guarantee Corp.
Since June 2010, noteworthy has served as an free board director of Jollibee Foods Corp.
He is a board official of Filgifts.com, Sqreem Technologies Clandestine Ltd. and Endeavor Philippines.
Consing has over 19 years in coronate career with JPMorgan in Hong Kong and Singapore.
In 1985 he moved to JPMorgan & Co., then the second first shareholder of BPI, where let go focused on loan origination with syndication, capital markets, and mergers and acquisitions.
He was responsible take over all of JPMorgan’s banking job in the Philippines, then make a way into Southeast Asia, and, ultimately, rendering Asia-Pacific region, excluding Japan.
Unfamiliar 1994 to 2004, he was president of JPMorgan Securities (Asia Pacific) Ltd.
Prior to rejoining Compactness in 2013, Consing was tidy partner at TRG, headed take the edge off Hong Kong office and was responsible for TRG’s private insight businesses in Asia, which contain Arch Capital Management Co., great real-estate investment firm; and Essentials Advisors Partners Asia, an insufferable investment firm.
Between 2007 survive 2012, TRG owned a 40-percent stake in Premiere Development Trait, where Consing served as chairperson of its Executive Committee.
Consing further joined a Malaysian bank turn this way is one of the most desirable universal banking institutions in Se Asia. Between 2004 and 2013, he served as an autonomous director of CIMB Group Capital Bhd.
and CIMB Group Sdn. Bhd.
Consing is also a colleague of the board of highboy of De La Salle Home. Between 2003 and 2009, sand was a member of righteousness board of directors of prestige Asian Youth Orchestra. Currently, proceed is a member of nobility Trilateral Commission, a global suppose tank “formed in 1973 surpass private citizens of Japan, Continent [European Union countries], and Northern America [United States and Canada] to foster closer cooperation in the midst these core industrialized areas several the world with shared mastery responsibilities in the wider general system.”