Ramon Ang
Ramon See Ang (born January 14, 1954), also known by his initials RSA, is a Filipino businessman. He is the president and chief executive officer (CEO) of Top Frontier Investment Holdings, Inc., the largest shareholder of San Miguel Corporation (SMC). He is also the chairman and CEO of SMC, chairman of Cyber Bay Corporation and Eagle Cement Corporation and a member of the board of directors of Metro Pacific Investments.
Ramon S. Ang 蔡啟文 | |
|---|---|
| 蔡啟文 | |
.jpg) Ang in September 2016 | |
| Chairman of Philippine Airlines | |
| In office 2012–2014 | |
| Preceded by | Jaime Bautista |
| Succeeded by | Jaime Bautista |
| Personal details | |
| Born | January 14, 1954 Manila, Philippines |
| Spouse | Tessie Ang |
| Children | 8 |
| Education | Far Eastern University (BS) |
| Occupation | Businessman |
| Known for |
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Ramon See Ang (born January 14, 1954), also known by his initials RSA, is a Filipino businessman. He is the president and chief executive officer (CEO) of Top Frontier Investment Holdings, Inc., the largest shareholder of San Miguel Corporation (SMC). He is also the chairman and CEO of SMC, chairman of Cyber Bay Corporation and Eagle Cement Corporation and a member of the board of directors of Metro Pacific Investments.
Early and personal life
[edit]Ang is the son of ethnic Chinese parents. He was married to Tessie. They have 8 children, including Cecile, Monica, Jacqueline, Carmela, John Paul, and Jacob. John Paul is president of Eagle Cement Corporation and San Miguel Corporation's vice chair, president and COO.[3] Monica is a finance officer. Cecille is manager of the family-owned Diamond Hotel Manila Bay. On Holy Saturday, 11 April 2020, Jomar (b. 1993), Ang's third child died after a serious injury.
Ang grew up in Tondo, Manila and worked in his father's automobile repair shop.[4] He was a dealer of used Japanese car and truck engines. As working student, he holds a Bachelor of Science degree in mechanical engineering from Far Eastern University.[5][6]
San Miguel Corporation
[edit]Ang met San Miguel Corporation chair Danding Cojuangco in a car repair shop. Cojuangco, a car collector, was looking for a mechanic to repair a broken multimillion-peso sports car that he owned, and he grew angry as the mechanics in the shop weren't able to identify the sports car's defect. Ang approached an angry Cojuangco to tell him what his car defect was. Cojuangco then hired Ang on the spot as his official mechanic. When Cojuangco went on exile with newly ousted dictator Ferdinand Marcos Sr. (Cojuangco was a well known Marcos crony involved with the Coco Levy Fund scam), Ang took care of Cojuangco's cars, house, and investments. When Cojuangco returned to the Philippines, Ang handed back everything Cojuangco entrusted him to.[4]
Ang was elected vice-chairman of SMC in January 1999; and later as president and chief operating officer (COO) in March 2002. In June 2012, he gained control of SMC after acquiring the shares owned by Cojuangco.[7][8][9][10]
On April 15, 2021, ten months following the death of Cojuangco, SMC amended its by-laws to unify the role, functions and duties of chief executive officer (CEO) to that of the president.[11]
On June 10, 2024, Ang became chairman and CEO; and his eldest son, John Paul L. Ang, assumed the positions of vice-chairman, president and COO. SMC shall amend its by-laws to redefine the roles, functions and duties of the chairman and chief executive officer, and the president and chief operating officer, subject to stockholders and SEC approvals.[12]
References
[edit]- ^ "Board of Directors and Executive Officers".
- ^ Mercurio, Richmond (June 12, 2024). "Ang's eldest takes on bigger role in SMC". The Philippine Star. Retrieved July 23, 2024.
- ^ "SMC boss Ramon Ang has no plans to retire in next 5 years as heir apparent Paul goes through Danding-style apprenticeship". bilyonaryo.com. June 13, 2024. Retrieved June 14, 2024.
- ^ a b Tulfo, Ramon (March 16, 2002). "Ramon Ang a rags-to-riches story". Philippine Daily Inquirer. Retrieved August 9, 2025.
- ^ "Ramon Ang: Wealth, Business Empire, and Life Outside Work". esquiremag.ph. August 18, 2023. Retrieved June 14, 2024.
- ^ San Juan, Thelma (June 17, 2012). "How's Ramon Ang as dad? Very hands-on". Philippine Daily Inquirer. Retrieved June 14, 2024.
- ^ "Ramon Ang's Privado Holdings Buys 3.44 Million San Miguel Shares". GMA News Online. July 29, 2013. Archived from the original on 2014-10-28. Retrieved 2015-08-01.
- ^ "Ramon Ang: Why Is The San Miguel "Ownership" So Controversial ?". The EQualizer Post. 2012-07-02. Archived from the original on 2015-11-03. Retrieved 2015-08-01.
- ^ Agustin, Victor C. (2014-01-13). "Inigo Zobel Is Largest San Miguel Shareholder, More than Twice Bigger than Ramon Ang". InterAksyon.com. Archived from the original on 2015-09-24. Retrieved 2015-08-01.
- ^ Visconti, Katherine (2012-09-11). "How Ramon Ang Paid for Cojuangco's Shares in San Miguel". Rappler.com. Archived from the original on 2017-07-29. Retrieved 2017-07-11.
- ^ Loyola, James (April 16, 2021). "Ramon S. Ang now officially SMC CEO". Manila Bulletin. Retrieved July 23, 2024.
- ^ "SMC boss Ramon Ang has no plans to retire in next 5 years as heir apparent Paul goes through Danding-style apprenticeship". bilyonaryo.com. June 13, 2024. Retrieved July 23, 2024.
External links
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