Lopez Holdings

 

 

CLOSING REMARKS of OSCAR M. LOPEZ at the CEREMONY MARKING THE ESTABLISHMENT of the OSCAR M. LOPEZ STERLING PROFESSORIAL CHAIR IN LAW & ECONOMICS held at the Macapagal Hall, University of the Philippines --“ School of Economics, Diliman, Quezon City on July 5, 2007

Dr. Emerlinda R. Roman, President, University of the Philippines
Dr. Sergio S. Cao, Cancellor, U.P. Diliman
Dr. Raul V. Fabella, Dean, U.P. School of Economics
Professor Gerardo Agulto, Jr., Executive Director, U.P. Foundation, Inc.

Ladies and gentlemen,
It is a great honor and privilege that the University of the Philippines and its School of Economics is establishing a professorial chair in law and economics in my name through a grant given by First Gen Corporation, the power generation arm of the Lopez Group of Companies. This grant is envisioned to bring about collaborative work between the Schools of Law and Economics with particular focus on regulatory policy and practice in the Philippines.

At the very outset, let me say that I am not an alumnus of this great university. It was my father, the late Eugenio Lopez, Sr. who was a graduate of the U.P. School of Law in 1923. I myself spent my college and post-graduate years in the U.S., my first year college at the University of San Francisco, then I transferred to Harvard College where I finished my AB degree and then to the Littauer School of Public Administration, also at Harvard, where I finished my Master in Public Administration.

But it is interesting to note that even if I am not a U.P. alumnus, I was able to imbibe a lot of the values and spirit of this School from the constant stream of U.P. graduates who came to Harvard to pursue post-graduate studies in the 1950's. There was O. D. Corpus, Amado Castro, the late Chief Justice Marcelo Fernan, Rafael Salas, Estelito Mendoza, Johnny Ponce Enrile, Ruben Santos Cuyugan, Fred Lagmay and Pastor Sison, and many others whose names escapes me right now. It was a great privilege to have been associated with all of them.

The Lopez Group has long been committed to improving our country's state of education by making social investments that seek to improve access and quality. ABS-CBN Foundation and Knowledge Channel Foundation have been constantly working towards providing access to quality education through various forms of media. Meralco launched the Sibol School to bring community-based pre-school education to adopted Gawad Kalinga communities. The Meralco Development Center (MMLDC) has also developed the School-based Management Development Program particularly for school heads and teachers. To help improve facilities in some of the most disadvantaged schools, Manila North Tollways Corporation (MNTC) partnered with the schools and the Parent Teacher Community Association (PTCA) to implement its "Expressway sa Edukasyon" programs in Bulacan and Pampanga. Bauang Private Power Corporation (BPPC) has been providing scholarship grants to deserving college students in Don Mariano Marcos Memorial State University in La Union. I am also aware that the group has made numerous donations to various scholarship funds and for the establishment of various professorial chairs in different institutions - the latest of which is a professorial chair for business in Assumption College in the name of my wife, Consuelo Rufino Lopez.

These are just some of the many investments that the group is making as part of its social responsibility to its host communities and to the nation at large.

The endowment donation being made by First Gen Corporation is just another manifestation of this commitment but nonetheless groundbreaking. I was not personally involved in the conceptualization of this particular endowment. This was the brainchild of the First Gen Vice Chairman & CEO Peter Garrucho. But from what has been related to me, I am pleased with the intent of this partnership between First Gen and UP.

As you may know, several of our companies are engaged in infrastructure businesses in areas that used to be part of government's function but have now been passed on to the private sector. It is in this light that I see the value of establishing this professorial chair. It is crucial that regulatory policy and practice involve the necessary academic rigor and discipline to fully comprehend the intricacies of how public policy can be formulated to benefit most if not all stakeholders in society. As such, we hope that by establishing this professorial chair in law and economics best practices may be drawn out and current and future practitioners involved in regulatory work would benefit and learn from them. It is also consistent with our core value of public service which is taken very seriously by all our companies particularly those involved in management of public utilities like First Gen.

The fact that this donation is being made on the occasion of my 50th wedding anniversary is icing on the cake. My wife and I have received numerous gifts for this special occasion, but a professorial chair established in my name is truly heartwarming and I am hopeful that it makes an enduring contribution to our nation's development.

 

 

Remarks at the establishment of the Oscar Lopez Sterling Professorial Chair

CLOSING REMARKS of OSCAR M. LOPEZ at the CEREMONY MARKING THE ESTABLISHMENT of the OSCAR M. LOPEZ STERLING PROFESSORIAL CHAIR IN LAW & ECONOMICS held at the Macapagal Hall, University of the Philippines --“ School of Economics, Diliman, Quezon City on July 5, 2007

Dr. Emerlinda R. Roman, President, University of the Philippines
Dr. Sergio S. Cao, Cancellor, U.P. Diliman
Dr. Raul V. Fabella, Dean, U.P. School of Economics
Professor Gerardo Agulto, Jr., Executive Director, U.P. Foundation, Inc.

Ladies and gentlemen,
It is a great honor and privilege that the University of the Philippines and its School of Economics is establishing a professorial chair in law and economics in my name through a grant given by First Gen Corporation, the power generation arm of the Lopez Group of Companies. This grant is envisioned to bring about collaborative work between the Schools of Law and Economics with particular focus on regulatory policy and practice in the Philippines.

At the very outset, let me say that I am not an alumnus of this great university. It was my father, the late Eugenio Lopez, Sr. who was a graduate of the U.P. School of Law in 1923. I myself spent my college and post-graduate years in the U.S., my first year college at the University of San Francisco, then I transferred to Harvard College where I finished my AB degree and then to the Littauer School of Public Administration, also at Harvard, where I finished my Master in Public Administration.

But it is interesting to note that even if I am not a U.P. alumnus, I was able to imbibe a lot of the values and spirit of this School from the constant stream of U.P. graduates who came to Harvard to pursue post-graduate studies in the 1950's. There was O. D. Corpus, Amado Castro, the late Chief Justice Marcelo Fernan, Rafael Salas, Estelito Mendoza, Johnny Ponce Enrile, Ruben Santos Cuyugan, Fred Lagmay and Pastor Sison, and many others whose names escapes me right now. It was a great privilege to have been associated with all of them.

The Lopez Group has long been committed to improving our country's state of education by making social investments that seek to improve access and quality. ABS-CBN Foundation and Knowledge Channel Foundation have been constantly working towards providing access to quality education through various forms of media. Meralco launched the Sibol School to bring community-based pre-school education to adopted Gawad Kalinga communities. The Meralco Development Center (MMLDC) has also developed the School-based Management Development Program particularly for school heads and teachers. To help improve facilities in some of the most disadvantaged schools, Manila North Tollways Corporation (MNTC) partnered with the schools and the Parent Teacher Community Association (PTCA) to implement its "Expressway sa Edukasyon" programs in Bulacan and Pampanga. Bauang Private Power Corporation (BPPC) has been providing scholarship grants to deserving college students in Don Mariano Marcos Memorial State University in La Union. I am also aware that the group has made numerous donations to various scholarship funds and for the establishment of various professorial chairs in different institutions - the latest of which is a professorial chair for business in Assumption College in the name of my wife, Consuelo Rufino Lopez.

These are just some of the many investments that the group is making as part of its social responsibility to its host communities and to the nation at large.

The endowment donation being made by First Gen Corporation is just another manifestation of this commitment but nonetheless groundbreaking. I was not personally involved in the conceptualization of this particular endowment. This was the brainchild of the First Gen Vice Chairman & CEO Peter Garrucho. But from what has been related to me, I am pleased with the intent of this partnership between First Gen and UP.

As you may know, several of our companies are engaged in infrastructure businesses in areas that used to be part of government--˜s function but have now been passed on to the private sector. It is in this light that I see the value of establishing this professorial chair. It is crucial that regulatory policy and practice involve the necessary academic rigor and discipline to fully comprehend the intricacies of how public policy can be formulated to benefit most if not all stakeholders in society. As such, we hope that by establishing this professorial chair in law and economics best practices may be drawn out and current and future practitioners involved in regulatory work would benefit and learn from them. It is also consistent with our core value of public service which is taken very seriously by all our companies particularly those involved in management of public utilities like First Gen.

The fact that this donation is being made on the occasion of my 50th wedding anniversary is icing on the cake. My wife and I have received numerous gifts for this special occasion, but a professorial chair established in my name is truly heartwarming and I am hopeful that it makes an enduring contribution to our nation's development.
Thank you and good evening.

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Lopez Holdings Corporation (formerly Benpres Holdings Corporation)
4/F Benpres Building, Exchange Road, 1605 Pasig City, Philippines

  • Trunkline: (632) 449-2345
  • Fax: (632) 634-3009