Jaime Ongpin
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, 1938 |
| Died | December 7, 1987 (aged 49) Makati, Philippines |
| Nationality | Filipino |
| Political party | United Nationalist Democratic Organization |
| Alma mater | Ateneo de Manila University Harvard Business School |
| Profession | Businessman |
Jaime Velayo Ongpin (June 15, 1938 – December 7, 1987) was 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 at age 49,[2] just three months after having been dismissed from the government on September 14, in a cabinet reorganization that followed a coup attempt.
His wife 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.
References
- ^ "Martyrs and Heroes: ONGPIN, Jaime V." Bantayog ng mga Bayani. May 26, 2016. Retrieved June 20, 2019.
- ^ Mydans, Seth; Times, Special to The New York (December 8, 1987). "Jaime Ongpin, Ex-Aquino Aide, Dies at 49, Apparently a Suicide". The New York Times. ISSN 0362-4331. Retrieved June 20, 2019.
- ^ "Ongpin last top official to take his life".
- ^ 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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- 1987 deaths
- 20th-century Filipino economists
- Secretaries of Finance of the Philippines
- Ateneo de Manila University alumni
- Harvard Business School alumni
- 1938 births
- 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