In this Philippine name, the middle name or maternal family name is Velayo and the surname or paternal family name is 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
(1939-06-15)June 15, 1939 San Juan, Rizal, Commonwealth of the Philippines
Died
December 7, 1987(1987-12-07) (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, 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".[2][3]
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.
^"Martyrs and Heroes: ONGPIN, Jaime V." Bantayog ng mga Bayani. May 26, 2016. Retrieved June 20, 2019.
^"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.
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...
Roberto Velayo Ongpin (January 6, 1937 – February 4, 2023) was a Filipino businessman who served as the Minister of Commerce and Industry (initially as...
(PHILCOMSAT) in early 1985. In a prominent example of what Finance Minister JaimeOngpin later branded "crony capitalism", the Marcos administration had sold...
President Ferdinand Marcos Preceded by Eduardo Romualdez Succeeded by JaimeOngpin Member of the Regular Batasang Pambansa In office June 30, 1984 – March...
Sr. Ferdinand "Bongbong" Marcos Jr. María Imelda "Imee" Marcos Roberto Ongpin Benjamin "Kokoy" Romualdez Ignacio Santiago Sr. Florentino Sanico Solon...
The Filipino Express, 10-27-1994 - Graft cases brought against Ver and Ongpin The Filipino Express, 08-27-1998 - Let Ver come home - Erap The Filipino...
magazine article in 1980, and activist (and later Finance Minister) JaimeOngpin, who used the term extensively in his writing and is sometimes credited...
Sr. Ferdinand "Bongbong" Marcos Jr. María Imelda "Imee" Marcos Roberto Ongpin Benjamin "Kokoy" Romualdez Ignacio Santiago Sr. Florentino Sanico Solon...
that advocated for non-payment of debt. JaimeOngpin, who is a brother of Marcos trade minister Roberto Ongpin, was later dismissed by Cory Aquino and...
Peasant Movement of the Philippines), a militant farmers' group led by Jaime Tadeo, demanded genuine agrarian reform from the Aquino government. On January...
Domingo: 19th Century Manila (co-authored with Luciano P.R. Santiago); and JaimeOngpin: The Enigma: The Profile of a Filipino as Manager. His work “Three Generations”...
Education, Culture and Sports Lourdes Quisimbing Minister of Finance JaimeOngpin Minister of Foreign Affairs Salvador Laurel Minister of Health Alfredo...
Gilbert Teodoro Gina Lopez Gregory S. Ong Herbert Bautista Imee Marcos JaimeOngpinJaime Sin Jesse Robredo José Cojuangco José W. Diokno Jose Maria Sison Joy...
headed by a Council of Elders composed of Enrile, Ramos, Cardinal Sin, JaimeOngpin, Alejandro Melchor, and Doy Laurel. Mrs. Aquino rejected the offer, as...
August 31. Following a Mass at 9 am, with the Cardinal Archbishop of Manila, Jaime Sin officiating, the funeral procession brought his remains to Manila Memorial...
junta. (Some accounts say that Fidel Ramos and opposition businessman JaimeOngpin were also supposed to be part of the junta, and other accounts that various...
Sr. Ferdinand "Bongbong" Marcos Jr. María Imelda "Imee" Marcos Roberto Ongpin Benjamin "Kokoy" Romualdez Ignacio Santiago Sr. Florentino Sanico Solon...
ruling coalesced parties and anarchy in the streets." Finance Minister JaimeOngpin, who had successfully advocated for paying external debt incurred during...
Sr. Ferdinand "Bongbong" Marcos Jr. María Imelda "Imee" Marcos Roberto Ongpin Benjamin "Kokoy" Romualdez Ignacio Santiago Sr. Florentino Sanico Solon...
owner of Philcomsat. In a prominent example of what Finance Minister JaimeOngpin later branded "crony capitalism", the Marcos administration sold its...
junta. (Some accounts say that Fidel Ramos and opposition businessman JaimeOngpin were also supposed to be part of the junta, and other accounts that various...
Education, Culture and Sports Lourdes Quisumbing Minister of Finance JaimeOngpin Minister of Foreign Affairs Salvador Laurel Minister of Health Alfredo...
Sr. Ferdinand "Bongbong" Marcos Jr. María Imelda "Imee" Marcos Roberto Ongpin Benjamin "Kokoy" Romualdez Ignacio Santiago Sr. Florentino Sanico Solon...
Publishing Company Limited. R.E.Diaz. "G.R. No. L-32432 – Manuel B. Imbong vs. Jaime Ferrer". www.chanrobles.com. Retrieved July 25, 2018. Talitha Espiritu Passionate...
Bakunawa, Antonio Martel, Vicente Chuidian, Jose De Venecia, Alejo Ganut, BGen Jaime Echeverria, Tomas Dumpit, Ricardo Silverio, Roberto Abling, Peter Sabido...
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