475:. Upon assuming his position as Chairman of DBP, he ordered the investigation of several major firms that failed to pay the DBP millions of pesos in overdue obligations. Because of this, he was considered as one of the radical chairmen the DBP ever had. Also as head of the DBP, he helped agricultural and industrial enterprises through sound financing schemes. He was also responsible for orienting the institutional objective of development to the countryside to insure that the rural people would enjoy the benefits of economic growth.
448:
exploration, plywood manufacture, logging, textile, meat packing, glass making, oil refining, banking, telecommunications, etc. His leadership in business and industry reached its peak when he was elected president of the
Philippine Chamber of Industries and the Management Association of the Philippines. He was also attributed to the successful transfer of the
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an economic strategy designed to improve the quality of life of our people and he gave of himself liberally to this pursuits toward the end. Shortly before his death, he sought to give deeper and massive meaning to the DBP’s countryside development program which he himself initiated in line with national policy.”
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JV de Ocampo assumed Virata’s unfinished term at the DBP. In honoring Virata, Chairman de Ocampo said: “In the death of
Chairman Leonides Virata, we have lost a esteemed leader in the country’s economic life. He was a force in our development direction…. Chairman Virata was an articulate exponent of
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as financial vice-president and vice-chairman of its investment committee. Soon, he was accorded the same respect he earned during his service with the government. He was elected either as chairman, president or board member of various companies involved in insurance, food processing, marketing, oil
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in 1949 and to the
International Monetary Fund and International Bank Conference at Paris, France in 1950. He was a delegate of the Philippines to the Conference of the Consultative Committee in Economic Development in Southeast Asia under the Colombo plan in Ceylon in 1957.
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On July 14, 1976, Chairman Virata died in
Houston, Texas, where he was treated for a lingering illness, leaving his wife the former Marie Theresa “Bebe” Gallardo Lammoglia, and two children, Luis Juan Virata (married Elizabeth Torres Cu-Unjieng) and Giovanna “Vanna” Virata.
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In recognition of his long and distinguished service to the country in the fields of banking, finance, trade and industry, which spanned a period of 33 years, President Marcos posthumously conferred on him the
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Medicion II, Imus, Cavite to Luis Virata and
Agapita Sarao. According to family members, the original family name was Bautista. Sometime during the 1896
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conferences on finance, trade, industry and economics; Virata served in different capacities. He was the adviser to the
Philippine delegate to the
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in 1949 fell on him. Subsequently, he was appointed the bank’s deputy governor and later, as a member of the
Monetary Board. In various
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of various government and private companies in the country. He was appointed the secretary of the
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He became a member of the Joint
Legislative Executive Tax Commission in 1966. From 1969 to 1970,
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in the US. After the war, the task of directing the economic research of the newly organized
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appointed him as secretary of the
Department of Commerce and Industry (now the
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Quirino, Carlos. Who’s Who in
Philippine History. Manila: Tahanan Books, 1995
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from 1970 till his death in 1976. He hailed from the city of
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In 1952, he left the government service and joined the
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known internationally as a symbol of Filipino culture.
539:. Remembrance of Things Awry. Retrieved on 2013-07-13.
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Philippine American Life and General Insurance Company
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Leonides Sarao Virata was born on April 22, 1918, in
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Secretaries of trade and industry of the Philippines
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of the United States, and the Filipinization of the
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346:(who married Leonor Aguinaldo, daughter of Gen.
292:(April 22, 1918 – July 14, 1976) was a Filipino
32: and the surname or paternal family name is
599:Ferdinand Marcos administration cabinet members
415:was evacuated to America because of the raging
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471:). In 1970, he was appointed chairman of the
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377:in 1940 and business administration degree,
304:from 1969 to 1970 and then chairman of the
458:Philippine Long Distance Telephone Company
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604:Filipino expatriates in the United States
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501:awarded him an honorary doctorate degree.
411:Virata was in the United States when the
362:, an automotive designer and founder of
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516:(LSVMS) in Palawan was named after him.
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589:20th-century Filipino businesspeople
296:. During his lifetime, he served as
473:Development Bank of the Philippines
306:Development Bank of the Philippines
302:Department of Commerce and Industry
55:Development Bank of the Philippines
514:Leonides S. Virata Memorial School
95:Secretary of Commerce and Industry
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383:, in 1941, both courses from the
356:Prime Minister of the Philippines
469:Department of Trade and Industry
358:. Virata was also a relative of
425:Central Bank of the Philippines
342:. His elder half-brother, Dr.
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499:Philippine Women's University
385:University of the Philippines
250:University of the Philippines
67:1970 – July 14, 1976
537:"The Families of Old Cavite"
433:International Monetary Fund
277:Presidential Medal of Merit
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452:to Filipino control from
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100:
60:
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507:Presidential Merit Medal
454:General Public Utilities
320:Early life and education
450:Manila Electric Company
413:Philippine Commonwealth
401:Northwestern University
205:Marie Theresa Lammoglia
344:Enrique Topacio Virata
397:University of Chicago
336:from the Indian epic
330:Philippine revolution
290:Leonides Sarao Virata
43:Leonides Sarao Virata
373:Virata obtained his
350:) was the father of
348:Baldomero Aguinaldo
172:Philippines Islands
421:Philippine Embassy
417:war in the Pacific
393:Harvard University
492:Honors and awards
360:Leonardo S. Sarao
298:executive officer
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219:Leonardo S. Sarao
24:or maternal
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584:People from Imus
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465:President Marcos
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146:Personal details
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125:Marcelo Balatbat
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115:Ferdinand Marcos
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78:Ferdinand Marcos
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53:Chairman of the
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216:(half-nephew)
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391:work at the
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364:Sarao Motors
352:Cesar Virata
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279:(Posthumous)
214:Cesar Virata
183:(1976-07-14)
131:Succeeded by
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89:JV de Ocampo
85:Succeeded by
73:Appointed by
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579:1976 deaths
574:1918 births
339:Mahabharata
334:King Virata
237:Luis Virata
121:Preceded by
26:family name
22:middle name
568:Categories
521:References
375:law degree
316:province.
265:Occupation
245:Alma mater
221:(relative)
157:1918-04-22
387:. He did
380:cum laude
294:economist
268:Economist
234:Parent(s)
210:Relations
112:President
107:1969–1970
103:In office
63:In office
389:graduate
368:jeepneys
226:Children
16:In this
188:Houston
407:Career
399:, and
395:, the
314:Cavite
273:Awards
202:Spouse
168:Cavite
34:Virata
20:, the
479:Death
326:Brgy.
192:Texas
30:Sarao
512:The
310:Imus
254:LL.B
178:Died
164:Imus
151:Born
312:in
258:MBA
28:is
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36:.
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