Jaime Ongpin
Jaime Ongpin | |
|---|---|
 Detail of the Wall of Remembrance at the Bantayog ng mga Bayani, showing names from the 2001 batch of Bantayog Honorees, including that of Jaime Ongpin. | |
| 17th Secretary of Finance | |
| In office March 26, 1986 – September 14, 1987 | |
| President | Corazon Aquino |
| Preceded by | Cesar Virata |
| Succeeded by | Vicente Jayme |
| Personal details | |
| Born | Jaime Velayo Ongpin June 15, 1939 San Juan, Rizal, Commonwealth of the Philippines |
| Died | December 7, 1987 (aged 48) Makati, Philippines |
| Political party | United Nationalist Democratic Organization |
| Relatives | Roberto Ongpin (brother) |
| Alma mater | Ateneo de Manila University (BS) Harvard Business School (MBA) |
| Profession | Businessman |
Jaime "Jimmy" Velayo Ongpin (June 15, 1939 – December 7, 1987) was a Filipino businessman. He was the Minister of Finance of the Philippines under President Cory Aquino, appointed in 1986 after having played an instrumental role in her campaign. Ongpin was the younger brother of Roberto Ongpin who had been Minister of Trade and Industry under President Ferdinand Marcos.
Ongpin was a 1958 graduate of the Ateneo de Manila University and from Harvard Business School in 1962.[1] He had been advertising manager of the Philippine subsidiary of Procter & Gamble. In 1962, he joined the Benguet Corporation, one of the country's leading gold mining companies. In 1974, he became company president.
He committed suicide on December 7, 1987,[2] at age 48, just three months after having been dismissed from the government on September 14, in a cabinet reorganization that followed a military coup attempt.
His wife Isabel was quoted as saying: "He had been depressed about infighting in Aquino's cabinet and disappointed that the 'People Power' uprising which had toppled dictator Ferdinand Marcos had not brought significant change".[3][4]
He was portrayed by Noel Trinidad in the 1988 People Power Revolution movie A Dangerous Life.
For his contributions to the restoration of Philippine democracy and his opposition to the Marcos dictatorship, Ongpin's name was enshrined at the Bantayog ng mga Bayani in 2001.
References
[edit]- ^ "Martyrs and Heroes: ONGPIN, Jaime V." Bantayog ng mga Bayani. May 26, 2016. Retrieved June 20, 2019.
- ^ Jaime Ongpin, Ex-Aquino Aide, Dies at 49, Apparently a Suicide. New York Times. Retrieved 23 Sep 2024.
- ^ "Ongpin last top official to take his life". February 9, 2011.
- ^ Gonzales, Iris (June 17, 2019). "Jaime V. Ongpin reimagined". The Philippine Star. Archived from the original on June 20, 2019. Retrieved June 20, 2019.
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| National | |
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- 1939 births
- 1987 deaths
- 1987 suicides
- 20th-century Filipino economists
- Secretaries of finance of the Philippines
- Ateneo de Manila University alumni
- Filipino people of Chinese descent
- Harvard Business School alumni
- Suicides by firearm in the Philippines
- Burials at the Manila North Cemetery
- Corazon Aquino administration cabinet members
- Individuals honored at the Bantayog ng mga Bayani
- Filipino politicians of Chinese descent
- Filipino politician stubs