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AUB vice chair Ramon Sy dies at 91

Ralf Rivas

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AUB vice chair Ramon Sy dies at 91

DISTINGUISHED PH BANKER. AUB vice chairman Ramon Sy passes away at the age of 91.

AUB

Sy is considered a pillar of the banking industry, climbing up the corporate ladder from being a messenger at the former Manila branch of the Bank of America to various executive roles
AUB vice chair Ramon Sy dies at 91

Asia United Bank (AUB) vice chairman Ramon Sy has passed away at 91, the company announced on Friday, September 17.

No details of the cause of death was given.

Sy, also the chairman of Apex Mining Company, Incorporated, is considered a pillar of the banking industry. He started off as a messenger at the former Manila branch of Bank of America, then went on to become its country manager.

He was also former president and chief executive officer of the United Coconut Planters Bank and the International Exchange Bank.

Some of his accomplishments include the initial public offering of AUB in 2013.

“More importantly, he was known for his genuine concern and care for people. A true gentleman, indeed,” said AUB president Manuel Gomez.

“Mr. Sy, the AUB family is grateful for the years you have dedicated and shared with us. We have nothing but respect and admiration for you, and we will always be grateful for your mentoring and inspiration,” he added.

The Far Eastern University paid tribute to its distinguished alumnus in a Facebook post on Friday afternoon. Sy obtained his commerce degree from FEU in 1952, and was a member of the Board of Trustees of the FEU Nicanor Reyes Memorial Foundation since 2016. – Rappler.com

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Ralf Rivas

A sociologist by heart, a journalist by profession. Ralf is Rappler's business reporter, covering macroeconomy, government finance, companies, and agriculture.