FEDERICO R. LOPEZ, the chairman and chief executive officer of publicly listed First Philippine Holdings Corp., has been named “Management Man of the Year” for his advocacies, including his drive for the country’s transition to a low-carbon economy.
The award is given by the Management Association of the Philippines (MAP), the decades-old organization with more than a thousand members composed of top company chiefs.
In a statement on Tuesday, the association said the “MAP Management Man of the Year 2020” award is bestowed “on individuals in the business community or government for attaining unquestioned distinction in the practice of management and for contributing to the country’s progress.”
it said the conferment of the award follows a thorough, stringent selection process. The award has only been conferred 44 times in the five-decade history of the award.
MAP said Mr. Lopez, or “Piki”, was chosen “for passionately pushing for the country’s transition to a low-carbon economy through his various advocacies to proactively address the irreparable damage of climate change.”
It also cited his move to champion the power industry’s deregulation for the benefit of the country, while steering the Lopez group of companies to “being in the forefront of energy security and sustainability, and clean technologies for renewable energy and natural gas.”
The association also credited Mr. Lopez “for developing a deep bench of Filipino technical and managerial talent who are globally competitive,” and his leadership role that led the Lopez group “to national development in terms of production, value added, income generation and job creation.”
“The criteria for the award include integrity, leadership, and management qualities; contribution to nation-building and values formation; effective stewardship within the confines of the highest standard of business and management practice; among others,” MAP said.