Ramon Sy dies at the age of 91

Ramon Sy

One of the cornerstones of the Philippine banking industry, Ramon Sy, died on Thursday at 91 years of age.

Asian United Bank (AUB) confirmed his death, serving from March 2012 up to his death as director and vice-chairman of the board.

No reason for the death of Sy has been identified.

Sy was vital and actively involved in the original AUB public road tours and public listings in May 2013.

In a Friday release, the listed loaner noted that Sy’s skills and lending experience as a member of the Credit Committee and Executive Committee left an impressive impact for both new and veteran account officers at AUB.

Sy’s knowledge and insights into corporate governance, risk management and human beings and organizations have also made a significant contribution to the Bank’s Board of Directors’ success.

Sy was a paragon of professionalism, loyalty and honesty that ascended from the messenger level of erstwhile Manila Bank to legend in the Philippine banking industry, AUB continued.

Ramon Sy, one of the cornerstones of the Philippine banking sector, died on Thursday, at the age of 91.

He died in Asia United Bank (AUB), where he served as the Board’s Director and Vice President from March 2012 till his death.

No reason has been offered for the death of Sy.

Sy was significant and heavily involved in the bank’s debut public road shows in May 2013 and in the public listing, according to AUB.

In a Friday statement, the listed creditor stated that Sy’s competence and credit experience had made an impression on new and old account officers at the AUB as a member of the Credit and Executive Committee.

Sy’s knowledge and insights into corporate management, risk management and employees and the company also made a significant contribution to the performance of the bank’s board of directors.

Sy was a paragon of professionalism, loyalty and honesty who grew from the messenger level in the former branch of Manila’s Bank of America into a legend for Philippine banking, AUB continued.

More importantly, his real compassion and concern for others were known to him. A real man, actually, Mr. Sy, for the years you have spent with and shared with us, the AUB family is appreciative. We have respect and affection for you and always appreciate your inspiration and mentoring.

In the context of the wsj.com business website, Sy held executive positions within numerous organizations and obtained his undergraduate degree from Far Eastern University and an MBA from the University of the Philippines.

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