Japanese Ambassador to the Philippines Koji Haneda held a reception to celebrate the conferment of the The Order of the Rising Sun, Gold and Silver Star, upon Metrobank Group chairman and founder Dr. George S.K. Ty last February 28, 2018 at his official residence in Makati City. Distinguished officials from the government, business, civil society, media, and the diplomatic community graced the event.
Dr. Ty was conferred with the award by Japanese Prime Minister Shinzo Abe on behalf of Emperor Akihito last November 7, 2017 at the Matsukaze-no-Ma, Imperial Palace in Tokyo, Japan. The Emperor later received Dr. Ty together with other 2017 honorees at the Houmei-Den.
The recognition was given to Dr. Ty for his efforts in strengthening Philippine-Japanese economic relations. In particular, he undertook landmark joint ventures with several Japanese companies in key sectors such as automotives, real estate development, investment banking, insurance, and consumer finance. By facilitating the entry of Japanese investments into the Philippines, Dr. Ty has contributed to the country’s economic development.
He is also the founder and chairman of Metrobank Foundation, Inc. (MBFI), the corporate social responsibility arm of the Metrobank Group, and GT Foundation, Inc. (GTFI), the Ty family foundation. Guided by his philosophy that leadership in business implied leadership in community service, MBFI implements various programs in the areas of excellence recognition, education, healthcare, arts and culture, and disaster response.
In addition, Dr. Ty serves as the group chairman of GT Capital Holdings Inc., a major Philippine conglomerate composed of Metrobank, Toyota Motor Philippines, Federal Land, Pro-Friends, AXA Philippines, Toyota Financial Services, and Toyota Manila Bay Corporation.
During the reception, Dr. Ty thanked the Japanese government and said that the award also belongs to everyone who has contributed to his life and work. He said, “I will forever cherish this award as I consider it a testament to landmark joint ventures I undertook with the Japanese people. It overwhelms me that Metrobank’s move to diversify in 1988 and venture into the automotive industry has contributed to strengthened Philippine-Japanese economic relations.” He noted that such partnerships with Japanese companies have been key to the sustained growth of the Metrobank Group and GT Capital Holdings.
Established in 1875, the Order of the Rising Sun is awarded by the Japanese Government to those who have made distinguished achievements in areas such as international relations, culture and the arts. SGV & Co. founder Washington SyCip also received this particular award last June 2017 for his contributions to Philippine-Japanese business relations.
Dr. George S. K. Ty (center) receives the 2017 Ramon V. Del Rosario Award for Nation-Building from Retired Chief Justice Artemio Panganiban, Chairman of the Board of Judges, joined by Phinma President & CEO Ramon del Rosario, JCI President Nino Namoco, and AIM President Jikyeong Kang. Dr. Ty is joined by his wife Mary Ty.Metrobank Group chairman and founder Dr. George S.K. Ty received the 2017 Ramon V. Del Rosario (RVR) Award for Nation Building conferred by the Junior Chamber International (JCI) Manila and the Asian Institute of Management’s (AIM) Center for Corporate Responsibility last July 25, 2017 at the Taipan Room of the Tower Club in Makati City. Dr. Ty is the 9th RVR Award for Nation Building awardee, and was selected from the initial list of 26 nominees by the esteemed Board of Judges chaired by retired Chief Justice Artemio Panganiban, with former Ambassador of the Philippines to United States of America Jose Cuisia; chairman of PHINMA Corporation Oscar Hilado; chairman emeritus of Planters Development Bank Ambassador Jesus Tambunting; president of Ultrex Management & Investment Corp. Senen Bacani; and JCI Manila’s 2017 executive vice president John Bautista as members. The Nominations Shortlisting Committee, on the other hand, was chaired by Ramon Del Rosario, Jr. Dr. Ty was chosen for exhibiting entrepreneurial spirit, good corporate citizenship, social responsibility, and for his underlying passion for nation-building, all of which mirror the traits and characteristics exemplified by Ramon V. Del Rosario. It was in the course of transacting with the banks for the family enterprise that he became interested in the financial services industry. By the time he was 29 years old, he founded the Metropolitan Bank & Trust Co. (Metrobank), since then, Metrobank has grown to become a leading provider of corporate and consumer banking products and services in the Philippines. The Bank became successful that Dr. Ty decided to heed the noble calling of giving back. Dr. Ty established the Metrobank Foundation in early 1979—16 years after founding the Bank. Guided by his philosophy that leadership in business implied leadership in community service, the Foundation aims to improve social conditions by providing assistance to key sectors of the society through education, visual arts, healthcare, peace and security, and judiciary. Over the course of 38 years, the Metrobank Foundation has nurtured an extensive network of outstanding individuals and organizations that continue to make a lasting impact on society. Among others, Dr. Ty is the group chairman of the GT Capital Holdings Inc. composed of Metrobank, Federal Land, Pro-Friends, AXA Philippines, Toyota Motor Philippines, and has substantial interest in Metro Pacific Investments. The Ramon V. Del Rosario Award for Nation Building is a lifetime business leader award program. The award is a partnership between JCI Manila and the Asian Institute Management’s Center for Corporate Social Responsibility. It was named in honor of JCI Manila’s foundation president and the acknowledge “Father of Philippine Modern Industry.” Since its grand launching in September 2009, it has been the premier awards program of JCI Manila and it continues to recognize business leaders who have not only been highly successful in their own perspective fields but have also created a huge impact in nation-building. List of previous awardees also include Henry Sy, Sr.; Manny V. Pangilinan; Jaime Zobel De Ayala; Vicente Paterno; Washington Sycip; Oscar Lopez; and Amb. Jesus Tambunting and Senen Bacani. JCI Manila is one of Asia’s first and premier leadership development organizations for your professionals and has been in existence for more than 65 years. The organization has spearheaded numerous awards program such as the Ten Outstanding Young Men Award (TOYM) and the Blessed Teresa of Calcutta Award (BTCA).