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Makati Business Club: Makati Business Sector’s Voice in National Development

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Makati is known as the central business district of the Philippines. In a gist, Makati Business Club (MBC) is the voice of Makati’s business sector in national development, planning and implementing policies. It’s a private non-stock and non-profit association of business people committed to addressing the economic and social issues in the country.


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Makati Business Club (MBC) Chairman Ramon del Rosario (center) and Guillermo Luz, co-chairman of the National Competitive Council (right). Roberto de Ocampo (left) is the chairman of the Philippine Veterans Bank and MBC’s vice chairman. (Photo by Nonie Reyes | National Competitiveness Council Philippines)


MBC was founded in 1981, a brainchild of Enrique Zobel who was among the prominent and respected businessmen in the country. It was a means of checking the authoritarian use of power and government funds of the former Marcos regime and his cronies. In January of 1981, Martial Law had just been lifted in the Philippines. Zobel served as chairman of MBC during that time.


However, the idea behind MBC was not merely to check and complain. MBC would serve as “a single solid voice, not to lobby for its own corporate or sectoral interest, but to support or oppose policies which affected national life,” said Cesar A. Buenaventura, first chairman of its board of advisers. In other words, it was also a forum for constructive ideas supporting good government policies, not just finding fault in them.


Buenaventura added, “While we focused on issues such as agribusiness, trade and investment, banking and finance, energy and power, and regional development, we also had to touch on such delicate topics as governance, politics and media control.” No doubt, MBC had an encompassing mission and vision for the country.


Today, MBC is headed by Ramon R. Del Rosario, Jr. as chairman. He is also the president and CEO of Philippine Investment Management, Inc.


Jaime Augusto Zobel de Ayala II is co-vice chairman. He is also the chairman and CEO concurrently of Ayala Corporation.


With them is Roberto F. De Ocampo, also as co-vice chairman. De Ocampo is the chairman of Philippine Veterans Bank.


Aurelio R. Montinola III is the treasurer. He is the director of the Bank of the Philippine Islands.


Ricardo J. Romulo serves as corporate secretary. He is senior partner at the Romulo Mabanta Buenaventura Sayoc and De Los Angeles.


MBC engages in partnership projects involved in integrity Initiative that institutionalises integrity standards in the country. It is also the founder of Coalition Against Corruption that serves as a “checks and balances” that monitor honest governance. In the same breath, it is part of Transparent Accountable Governance or TAG.


MBC also manages an online publication found on its website where it publishes various reports on the economy and other relevant national affairs. For instance, it releases reports on congress, government activities, business and other related matters.


To know more about the great minds behind Makati and what makes it a successful business district, visit the website of Makati Business Club for their published reports, business updates and events.


Makati Business Club

2/F, AIM Conference Center
Benavidez Street corner Trasierra Street
Legaspi Village, 1229 Makati City
Metro Manila, Philippines
Tel: (+632) 751 1137 to 38
Fax: (+632) 750 7405 to 06



Author: CS Gaerlan
Photo source:
Top photo –
Makati Business Club logo – http://www.


Reference: http://www.






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