Lorenzo V. Tan | |
|---|---|
 | |
| Born | Lorenzo Villanueva Tan August 10, 1961 |
| Nationality | Filipino |
| Other names | LVT |
| Education | Certified Public Accountant (CPA) in Pennsylvania, USA and in the Philippines |
| Alma mater | J.L. Kellogg Graduate School of Management, Northwestern University (Master of Management, 1987) De La Salle University (Bachelor of Science, Major in Accounting, 1982) |
| Occupation(s) | Banker, CPA |
| Known for | Current president and CEO of House of Investments, Inc., Former chairman Asian Bankers Association, Former president Bankers Association of the Philippines, Rizal Commercial Bank Corporation, Philippine National Bank, Sunlife of Canada (Philippines), United Coconut Planters Bank |
| Board member of | House of Investments, Petro Energy Corp, EEI, iPeople and Smart Communications |
| Parent(s) | Rufino Tan Erlinda Villanueva - Tan |
| Awards | Ten Outstanding Young Men (TOYM) for Banking in 1999, 2011 La Sallian Achievement Award, 2006 IABC Insurance CEO of the Year, PeopleAsia 2015 People of the Year Award, PeopleAsia 2016 Men Who Matter Award |
Lorenzo Villanueva Tan (born August 10, 1961) is a prominent Filipino banker and former President of the Banker's Association of the Philippines, and Chairman of the Asian Bankers Association. At 37 years old, he became the youngest president of a universal bank in the Philippines.
Tan is currently serving as the president and CEO of House of Investments, Inc. of the Yuchengco Group of Companies.[1] He holds the Vice Chairmanship of the Pan Malayan Management and Investment Corporation (PMMIC), the controlling shareholder of House of Investments, RCBC, and other leading firms.
Tan is the former President and CEO of the Yuchengco-owned publicly-listed bank, Rizal Commercial Banking Corporation. Prior to that, he also served as the President and CEO of the largest life insurer in the Philippines, Sun Life of Canada (Philippines), Inc., another publicly-listed universal bank, the Philippine National Bank; the fourth largest universal bank in the Philippines, and the United Coconut Planters Bank.[2][3][4][5]
Tan is the son of Philippine Constitutional Association governor Rufino R. Tan and the brother of current Banker's Association of the Philippines, and Banco de Oro Unibank president Nestor V. Tan.[6]
He is known in the banking industry as "Mr. Turnaround" for his knack of improving the economic performances of the various corporations he has headed.[7]
In February 2017, he joined leading Manila-based investment advisory firm Primeiro Partners as a board advisor. Stephen Sieh, the company's Managing Partner hailed the move as a "profound step forward" for the firm. Adding that "there is no better industry leader and advisor more respected than (Tan)," whom he says "epitomizes the values of achievement, integrity and wisdom."[8][9] Tan is currently one of Primiero's Managing Partners.[10]
Tan also restores old houses. In 2011 he sold one of his projects in Forbes Park to boxing champion, Manny Pacquiao for the then record amount of Php 388 million, triggering a price surge that has sent property prices in the posh subdivision soaring to as high as Php 1 billion pesos for a "nine-bedroom, ten-bathroom, two-story South Forbes house."[11][12]
- ^ "Tan returns to YGC, named HI head". The Philippine STAR.
- ^ "Lorenzo Villanueva Tan Executive Director,Rizal Commercial Banking Corporation". Bloomberg. Retrieved 2 August 2016.
- ^ "Mr. Lorenzo V. Tan President and CEO". Asian Bankers Associates. Archived from the original on 9 August 2016. Retrieved 2 August 2016.
- ^ "President for 2015". Bankers Associate of the Philippines. Retrieved 2 August 2016.
- ^ "Asian Bankers Association : Lorenzo Tan profile".
- ^ "Philconsa: Rufino Tan profile".
- ^ "INTERVIEW - The talented Mr Turnaround". www.globalcapital.com. March 2008. Retrieved 2016-08-02.
- ^ "Former RCBC head moves to advisory firm". The Philippine STAR.
- ^ "Tan joins investment bank".
- ^ "Primeiro Partners Leaders".
- ^ "1 Billion asking price for Forbes Park home dethrones Pacquiao".
- ^ "Pacquiao selling Forbes Park Home".