Placido Mapa Jr.

Placido L. Mapa Jr.
2nd Director-General of the National Economic and Development Authority
Concurrently Minister of Economic Planning
In office
1981–1983
PresidentFerdinand Marcos
Preceded byGerardo Sicat
Succeeded byCesar Virata
Personal details
Born(1932-06-24)June 24, 1932
Talisay, Negros Occidental, Philippines
DiedMay 5, 2019(2019-05-05) (aged 86)
Alma materHarvard University
Ateneo de Manila University
OccupationBanker
businessman
ProfessionEconomist

Placido "Cidito" Ledesma Mapa Jr. (June 24, 1932 – May 5, 2019) a Filipino businessman, economist, and government official best known for having served as the second head of the National Economic and Development Authority (NEDA), which is the Philippines' highest economic and development planning body. He was once governor of the Development Bank of the Philippines (DBP). Between the years 1970-1980 he also held the positions of Alternate Executive Director for the Philippines of the International Monetary Fund and Executive Director of World Bank.[1] He was President of the Philippine Economic Society from 1965 to 1966.[2]

He served Metropolitan Bank & Trust Company (Metrobank) for over 30 years in various capacities including President and vice-chairman. During his stint with Metrobank, he was also President of the Bankers Association of the Philippines. He was also the President of the Metrobank Foundation, Inc.,[3] and chairperson of the Board of Advisers of Metrobank.

Mapa Jr. was the Founding Chairman of the Board of the Center for Research and Communication (CRC), and of the University of Asia and the Pacific which evolved from it.[4] Mapa was also Founding Chairman of Parents for Education Foundation or PAREF. The educational philosophy of PAREF Schools is inspired by the teachings of St. Josemaria Escriva on two main ideas – (1) integral education; and (2) parents as the primary educators of their children. PAREF originally started with two schools in Muntinlupa, PAREF Woodrose for girls and PAREF Southridge for boys. To date, PAREF now has 17 schools nationwide.

He was a son of Placido Mapa Sr. who served as Mayor of Baguio City, President of Rehabilitation Finance Corp (RFC), the predecessor of Development Bank of the Philippines and founding President of Metrobank.

  1. ^ Annual Report of the Executive Board for the Financial Year Ended April 30, 1981., p. 216, at Google Books
  2. ^ "Placido L. Mapa, Jr. (June 24, 1932 to May 5, 2019)". Opus deI. Retrieved January 14, 2021.
  3. ^ "Stocks".[dead link]
  4. ^ Villegas, Bernardo M. (August 10, 2017). "Building the institution of CRC-UA&P (Part I)". Manila Bulletin. Archived from the original on August 10, 2017. Retrieved May 7, 2019.