Roberto de Ocampo
Encyclopedia
Roberto de Ocampo is the Chairman at Centennial Group Inc. He was the president of the Asian Institute of Management
Asian Institute of Management
The Asian Institute of Management, or simply AIM, is a graduate school of business and a center of business and management research. It is one of the few business schools in Asia to be internationally accredited with the AACSB. It was established in partnership with Harvard Business School and uses...

. From 1992 – 98, he served as Secretary of Finance under President Fidel V. Ramos
Fidel V. Ramos
Fidel "Eddie" Valdez Ramos , popularly known as FVR, was the 12th President of the Philippines from 1992 to 1998. During his six years in office, Ramos was widely credited and admired by many for revitalizing and renewing international confidence in the Philippine economy.Prior to his election as...

. He was named Finance Minister of the Year by several organizations. He was chairman and CEO of the Development Bank of the Philippines in 1989.

Family and Education

De Ocampo graduated from De La Salle College
De La Salle College
De La Salle College may refer to:* De La Salle College, Malvern in Malvern, Victoria, Australia* De La Salle College in Ashfield, New South Wales, Australia* De La Salle College Waterford in Waterford, County Waterford, Ireland...

 (1962) and the Ateneo de Manila University
Ateneo de Manila University
The Ateneo de Manila University is a private teaching and research university run by the Society of Jesus in the Philippines. It began in 1859 when the City of Manila handed control of the Escuela Municipal de Manila in Intramuros, Manila, to the Jesuits...

 (1967) where he received his Bachelor of Arts degree in Economics (Cum Laude). He has a Master in Business Administration from the University of Michigan
University of Michigan
The University of Michigan is a public research university located in Ann Arbor, Michigan in the United States. It is the state's oldest university and the flagship campus of the University of Michigan...

 (1970) and a post-graduate diploma from the London School of Economics
London School of Economics
The London School of Economics and Political Science is a public research university specialised in the social sciences located in London, United Kingdom, and a constituent college of the federal University of London...

 (1971).

He is married with four children.

Public service

De Ocampo began his career in public service in 1972. He pioneered the rural electrification program. He was then recognized as the youngest administrator in the history of the national government and received the Ten Outstanding Young Men of the Philippines (TOYM) award in 1975.

After working as a senior loan officer at the World Bank, he was appointed chairman and CEO of the Development Bank of the Philippines
Development Bank of the Philippines
The Development Bank of the Philippines , commonly known by its initials, DBP, is a state-owned development bank in Makati, Philippines.It is the seventh-largest bank in the Philippines in terms of assets, and is the second-largest...

 (DBP) in 1989. Under his leadership, the DBP won national and international recognition and was named “the world’s second soundest bank” by The Banker magazine. For his groundbreaking initiatives in the field of development banking, he was presented with the very first “Man of the Year Award” by the Association of Development Finance Institutions in the Asia-Pacific (ADFIAF) in 1997.

As Secretary of Finance, de Ocampo introduced and implemented a number of important policies and measures, particularly in the areas of economic liberalization, privatization and tax reform. This resulted in the Philippines’ return to international capital markets after a decade-long absence, the first fiscal surplus in twenty years, and an unprecedented and sustained combination of healthy economic growth, low interest rates and single-digit inflation. The liberalization of the banking and insurance industries opened up these sectors to foreign investment and marked the exit of the Philippines from a nearly continuous thirty years of IMF economic rehabilitation and reform programs.

Awards

By 1995, these accomplishments were hailed by the international finance community. He was named “Finance Minister of the Year” by Euromoney magazine—the first Filipino and first ASEAN finance minister to be so recognized. He was chosen in 1996 by Euromoney as “Finance Minister of the Year,” and in 1997, he was again cited as “Asian Finance Minister of the Year,” this time by the Asiamoney
Asiamoney
Asiamoney is a financial publication established in 1989. It is a division of global media group Euromoney Institutional Investor PLC, itself majority owned by the London-based Daily Mail and General Trust Group....

magazine.
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