BUSINESS
Advocates Philippines
Business Community Mourns Passing of Oscar Lopez
Photo credit: Oscar M. Lopez Center
The Philippine business community mourns the passing of Oscar Moreno Lopez, the patriarch of the Lopez clan, who died at the age of 93. Lopez was the chairman emeritus, chairman, and chief executive officer of Lopez Holdings Corporation, and First Philippine Holdings Corporation. He led the company for almost 25 years before stepping down in 2010 to serve as its chairman emeritus.
Lopez was born in 1929 in Iloilo City, Philippines, and was the son of Eugenio H. Lopez, Sr., the founder of the Lopez Group of Companies. He graduated from Harvard University with a degree in economics and then returned to the Philippines to join the family business.
Under Lopez's leadership, First Philippine Holdings Corporation became one of the largest conglomerates in the Philippines, with interests in power generation, real estate, and infrastructure. He was also instrumental in the development of ABS-CBN Broadcasting Corporation, the largest media conglomerate in the Philippines.
Lopez was known for his philanthropic work and his commitment to environmental protection. He established the Eugenio Lopez Foundation, which funds projects in education, health, and community development. He was also a strong advocate for renewable energy and was involved in various initiatives to promote clean energy in the Philippines.
Lopez's passing is a significant loss to the Philippine business community, and his contributions to the country's economic development and environmental sustainability will be remembered. The Lopez family has yet to release a statement on his passing and funeral arrangements.
Lopez was born in 1929 in Iloilo City, Philippines, and was the son of Eugenio H. Lopez, Sr., the founder of the Lopez Group of Companies. He graduated from Harvard University with a degree in economics and then returned to the Philippines to join the family business.
Under Lopez's leadership, First Philippine Holdings Corporation became one of the largest conglomerates in the Philippines, with interests in power generation, real estate, and infrastructure. He was also instrumental in the development of ABS-CBN Broadcasting Corporation, the largest media conglomerate in the Philippines.
Lopez was known for his philanthropic work and his commitment to environmental protection. He established the Eugenio Lopez Foundation, which funds projects in education, health, and community development. He was also a strong advocate for renewable energy and was involved in various initiatives to promote clean energy in the Philippines.
Lopez's passing is a significant loss to the Philippine business community, and his contributions to the country's economic development and environmental sustainability will be remembered. The Lopez family has yet to release a statement on his passing and funeral arrangements.
Apr 23, 2023
