Washington SyCip
Washington SyCip PLH BOLk RNO1kl (born June 30, 1921 in Manila ; † October 7, 2017 ) was a Filipino auditor and entrepreneur. From 1982 to 1985 he was President of the International Federation of Accountants .
Life
Washington SyCip comes from a Sino-Filipino family. His grandfather immigrated to the Philippines from the Chinese province of Fujian in the late 19th century . Washington SyCip was born in 1921 as the third son of Albino Z. SyCip and his wife Helen Bau. He also had two younger sisters.
At the request of his maternal grandmother, he spent the first five years of his life in Shanghai , where he lived with his mother's family. After his return to the Philippines, he attended the Burgos Elementary School , a public school of the US colonial administration, from 1927 . He then attended Mapa High School . In 1936 he finished school at the age of 15. Because of his academic achievements, he received a scholarship from the University of the Philippines . However, since he was not satisfied with the university's business school , he switched to the Pontifical and Royal University of St. Thomas Aquinas in Manila after just one semester .
As a keen student, he received his Bachelor of Science ( summa cum laude ) after just two and a half years . SyCip is now doing his master’s degree and has passed the Certified Public Accountant exam . After passing the exam, however, he had to wait two years before he was admitted until he had reached the required minimum age of 21 years. SyCip continued his studies in the United States and attended Columbia University from 1941 where he wanted to do a doctorate. After the outbreak of World War II , he broke off his studies in late 1942 and joined the United States Army . As a result, he was granted US citizenship a few months later.
SyCip was inducted into the Second Philippine Regiment and sent to Camp Cook, California for infantry training. Due to his academic achievements and his language skills, he was instead employed as a cryptographer in Calcutta , after an eight-month Japanese language course and basic training in cryptography , where he worked in a team on the decryption of radio messages from the Imperial Japanese Army Air Forces in Burma . After the war, SyCip was retired and returned from New Jersey to Manila , where he worked as a chartered accountant.
SyCip founded W. SyCip & Company , which consisted of an office in the Trade and Commerce Building , one of the few intact buildings in Manila. The company soon began to expand so that SyCip soon had three employees and Vicente O. Jose became its partner.
In order not to lose his US citizenship, SyCip had to travel to the United States in 1947 and live there for a while. In this context he suggested to Alfredo W. Velayo, an old childhood friend, to work in his company, now under the name SyCip, Velayo, Jose and Company . He returned to Manila in 1948 and married on November 27 of the same year. His daughter was born in 1950, followed by two sons in 1956 and 1958.
Meanwhile the company continued to grow. SyCip's main focus was on the recruitment of young, promising young professionals. In 1953 SyCip and Velayo convinced Ramon J. Gorres, who had previously worked for the Scottish company Henry Hunter Bayne and Company , to join their company. The company was given its current name SyCip, Gorres, Velayo and Company (SGV). In 1958, Fleming and Williamson , a long-time rival, was taken over.
Over the years, SyCip expanded the company to other countries in Southeast Asia, so that in 1971 the SGV Group became the largest company in the region. At the same time, he promoted further training for his employees. Not until funding was received for Master of Business Administration degrees in the United States. Later through the establishment of the Asian Institute of Management (AIM) in 1968.
From 1982 to 1985 he was President of the International Federation of Accountants . In 1992 SyCip received the Ramon Magsaysay Prize .
SyCip died on a flight from Manila to New York City .
Individual proof
Web links
| personal data | |
|---|---|
| SURNAME | SyCip, Washington |
| BRIEF DESCRIPTION | Filipino entrepreneur |
| DATE OF BIRTH | June 30, 1921 |
| PLACE OF BIRTH | Manila |
| DATE OF DEATH | October 7, 2017 |