Manny Pangilinan

{{Short description|Filipino businessman}}

{{Use Philippine English|date=March 2023}}

{{Use mdy dates|date=September 2019}}

{{Philippine name|Velez|Pangilinan}}

{{Infobox person

| name = Manny Pangilinan

| honorific-suffix = {{post-nominals|list=GCrL}}

| image = Manny Pangilinan 2023 (cropped).jpg

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| caption = Pangilinan in 2023

| birth_name = Manuel Velez Pangilinan

| other names = MVP

| birth_date = {{birth date and age|1946|07|14}}

| birth_place =

| occupation = Managing Director & CEO (First Pacific Company Limited)
Chairman (Metro Pacific Investments Corporation and Philex Mining Corporation)
Chairman (PLDT)
Chairman (San Beda University)
Chairman (Cardinal Santos Medical Center)

| alma_mater = {{plainlist|

Ateneo de Manila University (BA)
University of Pennsylvania (MBA)

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Manuel Velez Pangilinan (born July 14, 1946), also known as Manny Pangilinan or by his initials MVP, is a Filipino businessman and sports patron. He is the managing director and CEO of First Pacific, a Hong Kong–based investment management and holding company with operations in the Asia-Pacific region. Pangilinan is also the chairman for First Pacific's investments in the Philippines, including the Metro Pacific Investments Corporation, PLDT, and Philex Mining Corporation. He is the chairman emeritus of the Samahang Basketbol ng Pilipinas (SBP) and served as its first president for two consecutive terms, from 2007 to 2018. Pangilinan is the current chairman and benefactor of his alma mater San Beda University on Mendiola St., Manila.

Education

Pangilinan grew up in a house in Little Baguio, San Juan that was by a squatter settlement's boundary. His mother, Soledad Perriera Velez, had Portugese ancestry by way of her Portugeses ship captain grandfather who married a Filipina. His mother was working at Syvel’s, then an upscale department store along Escolta, when she met his father.{{Cite web |last=Nugent |first=David |date=May 14, 2017 |title=For the first time, MVP talks about the love of his life on Mother’s Day |url=https://lifestyle.inquirer.net/262458/first-time-mvp-talks-love-life-mothers-day/|url-status=live |access-date=April 7, 2025}} His father, Dominador Pangilinan, was a messenger{{Cite web |last=Beltran |first=Bjorn Biel M. |date=July 14, 2022 |title=MVP at 76: Success shaped by wisdom, passion, and experience |url=https://www.bworldonline.com/special-features/2022/07/14/461226/mvp-at-76-success-shaped-by-wisdom-passion-and-experience/|url-status=live |access-date=April 7, 2025 |website=BusinessWorld}} for the Philippine National Bank who eventually retired as the president of Traders Royal Bank. He spent his childhood summers in Teachers Camp in Baguio as his grandfather was a public teacher in Pampanga and Tarlac who became a superintendent of public schools,{{Cite web |last=Fokno |first=Mia Madalena |date=April 6, 2025 |title=Manny V. Pangilinan: Beyond business, a life fueled by sports and service |url=https://www.rappler.com/sports/manny-pangilinan-beyond-business-life-fueled-service/|url-status=live |access-date=April 7, 2025 |website=Rappler}} eventually becoming the secretary of education.{{Cite web |last=Sabornido |first=Lyza |date=July 22, 2012 |title=Manny Pangilinan: A Filipino Entrepreneur’s Success Story|url=https://businesstips.ph/manny-pangilinan-a-filipino-entrepreneurs-success-story/|url-status=live |access-date=April 7, 2025}} Pangilinan completed his primary and secondary education at San Beda. He cum laude graduated from the Ateneo de Manila University with a Bachelor of Arts degree in Economics. Pangilinan won a scholarship to the Wharton School of the University of Pennsylvania sponsored by Procter & Gamble and graduated in 1968 with a Master of Business Administration degree.{{Cite web |last=Conoza |first=Adrian Paul B. |date=July 14, 2021 |title=MVP at 75: Winning in life and career one game at a time |url=https://www.bworldonline.com/mvp-at-75-winning-in-life-and-career-one-game-at-a-time/ |url-status=live |archive-url=https://web.archive.org/web/20220218153446/https://www.bworldonline.com/mvp-at-75-winning-in-life-and-career-one-game-at-a-time/ |archive-date=February 18, 2022 |access-date=February 18, 2022 |website=BusinessWorld}}

Career

Pangilinan's first job was as the executive assistant to the president of Philippine Investment Management Consultants, Inc. (PHINMA), where he served for six years.{{Cite web |date=March 19, 2017 |title=Manny Pangilinan's journey to success |url=https://primer.com.ph/business/2017/03/19/manny-pangilinans-journey-to-success/ |url-status=dead |archive-url=https://web.archive.org/web/20190923041801/https://primer.com.ph/business/2017/03/19/manny-pangilinans-journey-to-success/ |archive-date=September 23, 2019 |access-date=September 23, 2019 |website=Philippine Primer}}

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 worked at American Express in Hong Kong as an investment banker.

In Hong Kong, Pangilinan co-founded First Pacific in 1981 with Sudono Salim and Salim's son, Anthoni Salim. In 1987, Pangilinan established Metro Pacific as First Pacific's investment arm in the Philippines. As chairman of Metro Pacific, Pangilinan has contributed to nation-building through investments in power distribution and energy innovations (Meralco), urban water concession (Maynilad Water Services), tollways (Metro Pacific Tollways Corporation), and upgrading hospitals and health services (Metro Pacific Investments Corporation). He is also Chairman of TV5 and Philex Mining Corporation.{{citation needed|date=September 2019}}

In 1998, First Pacific acquired PLDT, the largest telecommunications firm in the Philippines. Under First Pacific's management, the company, which had been troubled by debt and technological issues,{{Cite web |last=Schmetzer |first=Uli |date=February 14, 1993 |title=Telephone Monopoly Hangs Up Philippines |url=https://www.chicagotribune.com/news/ct-xpm-1993-02-14-9303181972-story.html |archive-url=https://web.archive.org/web/20191113164321/https://www.chicagotribune.com/news/ct-xpm-1993-02-14-9303181972-story.html |archive-date=November 13, 2019 |access-date=November 13, 2019 |website=Chicago Tribune}} improved to become the nation's leading provider of digital communications.{{Cite web |date=April 6, 2018 |title=PLDT is undisputed leader in home broadband |url=https://pldthome.com/news-media/2018/04/06/pldt-is-undisputed-leader-in-home-broadband |url-status=live |archive-url=https://web.archive.org/web/20180925104507/https://pldthome.com/news-media/2018/04/06/pldt-is-undisputed-leader-in-home-broadband |archive-date=September 25, 2018 |access-date=September 25, 2018 |website=pldthome.com}}

Pangilinan is also a major patron of Philippine sports. He owns three PBA teams: TNT KaTropa, the Meralco Bolts, and the NLEX Road Warriors. He founded the Samahang Basketbol ng Pilipinas (SBP), the national sport association for basketball in the Philippines, and served as its first president for two consecutive terms (2007 to 2016). He is currently the chairman emeritus of SBP.{{Cite web |date=February 6, 2017 |title=A Message from SBP Chairman Emeritus, Manuel V. Pangilinan |url=http://www.sbp.ph/a-message-from-the-sbps-chairman-emeritus-manuel-v-pangilinan/ |url-status=dead |archive-url=https://web.archive.org/web/20180925065235/http://www.sbp.ph/a-message-from-the-sbps-chairman-emeritus-manuel-v-pangilinan/ |archive-date=September 25, 2018 |access-date=September 25, 2018 |website=Samahang Basketbol ng Pilipinas Inc.}} He was elected to the Central Board of FIBA in 2014{{Cite web |last=Bracher |first=Jane |date=September 14, 2014 |title=Manny V. Pangilinan elected to FIBA board |url=https://www.rappler.com/sports/by-sport/basketball/fiba/69031-manny-v-pangilina-fiba-board |url-status=live |archive-url=https://web.archive.org/web/20190302030059/https://www.rappler.com/sports/by-sport/basketball/fiba/69031-manny-v-pangilina-fiba-board |archive-date=March 2, 2019 |access-date=March 1, 2019 |website=Rappler.com}} and served until August 2023. Moreover, his MVP Sports Foundation has supported other Philippine athletes, some of whom won gold medals in the 2018 Asian Games.{{Cite news |last=Ibarrola |first=Khristian |date=September 6, 2018 |title=MVP Sports Foundation seeks to further hone Pinoy athletes for international tourneys |work=Fox Sports |department=Offbeat |url=https://www.foxsports.ph/offbeat/905326/mvp-sports-foundation-seeks-to-further-hone-pinoy-athletes-for-international-tourneys/ |access-date=September 25, 2018 |archive-url=https://web.archive.org/web/20180925142113/https://www.foxsports.ph/offbeat/905326/mvp-sports-foundation-seeks-to-further-hone-pinoy-athletes-for-international-tourneys/ |archive-date=September 25, 2018}}

Involvement in sports

File:2023 PBBM courtesy call FIBA World Cup 1.jpg]]

Pangilinan is a sports patron and was raised in a family that regularly enjoyed basketball. His mother was a fan of the San Beda Red Lions basketball team and was best friends with Caloy Loyzaga. His father played basketball, baseball, and tennis. Pangilinan himself plays badminton. Through the MVP Foundation, Pangilinan funds initiatives in badminton, boxing, golf, and taekwondo.{{cite news |last1=Catacutan |first1=Dodo |title=Why MVP isn't giving up on the country's basketball dream |url=https://www.spin.ph/life/guide/why-manny-pangilinan-refuses-to-give-up-on-the-country-s-basketball-dream-a791-20190922 |access-date=September 23, 2019 |work=Sports Interactive Network Philippines |date=September 22, 2019 |archive-date=September 23, 2019 |archive-url=https://web.archive.org/web/20190923041256/https://www.spin.ph/life/guide/why-manny-pangilinan-refuses-to-give-up-on-the-country-s-basketball-dream-a791-20190922 |url-status=live }}

Honors

National Honors

See also

References

{{Reflist|30em}}