John Gokongwei is MAP’s 2017 management man of the year
Industrialist John Gokongwei was named Management Man of the Year 2017, a prestigious award that the Management Association of the Philippines bestows on individuals who have achieved unquestioned distinction in the practice of management and for contributing to the country’s progress.
The criteria for the award include integrity, leadership, and management qualities; contribution to nation building and values formation and effective stewardship within the confines of the highest standard of business and manag
MAP said Gokongwei was chosen “for his business acumen and management qualities which steered the Gokongwei Group into remarkable growth through his foresight and exceptional ability to launch new ventures and transform existing ones to better adapt to challenging times and an unpredictable future.”
The 91-year old tycoon was also credited for his leadership role in the “substantial contributions of the Gokongwei group to national development, job creation and income generation through its huge investments in food manufacturing, real estate, air transportation, banking, petrochemicals, shopping malls, livestock farming, publications, power generation, power distribution, and telecommunications.”
Gokongwei , founder of conglomerate JG Summit Holdings Inc., is the Philippines’ second richest man with a net worth of $5.5 billion as of the end of August this year.
JG Summit has interests in air transportation, telecommunications, banking, food, power, and property.