BIZ BUZZ: Metrobank changing of the guard
After 30 eventful years, Aniceto “Chito” Sobrepeña is stepping down as head of Metrobank Foundation. Stepping up to the plate to take his place is Philip Francisco “Boyet” Dy, who had served as chief of staff of Leni Robredo when she was vice president.
Dy will officially take over on July 16 and he does so with all the preparation that he needs having been groomed by Sobrepeña himself. The two worked side by side over the years since Dy was brought in as executive vice president after Robredo ended her term.
He certainly has large shoes to fill as Sobrepeña is a highly respected name in corporate philanthropy circles.
He was elected the first executive director of the Metrobank Foundation in 1995 and held the post for 11 years. Sobrepeña then became president in 2006 and held the post until 2025.
Sobrepeña will also relinquish his concurrent responsibility as the very first executive director of GT Foundation, the family foundation of the late Metrobank founder George S. K. Ty, a post he held from 2009.
No need to fret, however, as Sobrepeña will still be on board as consultant of Metrobank and trustee of the foundation close to his heart.
He will also remain vice chair of Manila Doctors Hospital, chair of Manila Tytana Colleges and Trustee of GT Foundation.
“I am deeply grateful to the family of the late Dr. George S.K. Ty, led now by Mrs. Mary Ty, Arthur Ty, Alfred Ty, Anjanette Dy Buncio & Alessandra Ty for their unstinting support to all the initiatives,” he said.
