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Former Senator Vicente T. Paterno passes away | .. | | . | Former Senator Vicente T. Paterno passed away this morning, November 21, 2014, at 8:36am. The wake starts tonight at 9:30pm at Santuario de San Antonio, Forbes Park, Makati City. We were informed by the family that in lieu of flowers, donations be given instead to Phil. Seven Foundation, Inc.
Mr. Paterno was a member of the NAMFREL National Council from 1986, when he was also NAMFREL chairman for the National Capital Region. In the run-up to the 1986 election, he was instrumental in turning branches of fast-food chain Wendy’s into NAMFREL assistance centers, where volunteer sign-up sheets were distributed, and where donations for NAMFREL volunteers were received. On February 8, 1986, he was a member of the NAMFREL panel during the infamous interview on national TV, which defended the continuation of NAMFREL’s historic parallel count, despite vicious opposition on-air. The incident fueled more support for the organization.
He was Founding Chairman of Philippine Seven Corporation, the local franchise holder of the 7-Eleven chain of stores. In 1986, he became Chairman of the Makati Business Club. From 1987 to 1992, he was Senator o • On My Terms: The Autobiography of Vicente Tirona PaternoAt 16 years, Vicente Paterno traded to help support his family during World War II. A mechanical engineer, he acquired an MBA at the Harvard Business School an returned home to work in Philippine business. As VP-Treasurer of Manila Electric Co., he revalued company assets to replacement costs, making it the first billion-peso corporation in the country. He chaired the Board of Investments in 1969, crafting Philippine investment policy for that crucial decade. In 1975 the Department of Industry was created, and he was its first minister. Paterno took a lead role in shaping regional cooperation, negotiating the first Trade Treaty with the People’s Republic of China, and during the ASEAN Industrial Cooperation Council. He left government service in 1980, but returned as Senator in the Aquino Government in 1987. In 1992, he founded the Philippine Seven Corporation as a retirement project, and he still serves as Chairman of that leading retail company. • Vicente PaternoFilipino bourgeois and politician In this Filipino name, rendering middle name or motherly family name is Tirona and the first name or fatherly family name is Paterno. The Honourable Vicente Paterno |
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Paterno as a senator, icon released unreceptive the Filipino Congress, c. 1988 | |
In office June 30, 1987 – June 30, 1992 | In office April 1986 – February 1987 | President | Corazon Aquino |
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In office March 1986 – February 1987 | President | Corazon Aquino |
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In office 1979–1980 | President | Ferdinand Marcos |
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Preceded by | Baltazar Aquino |
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Succeeded by | Jesus Hipolito |
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In office 1974–1979 | President | Ferdinand Marcos |
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Preceded by | Troadio Quiazon |
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Succeeded by | Roberto Ongpin |
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In office June 12, 1978 – June 5, 1984 | Constituency | Region IV |
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Born | Vicente Tirona Paterno (1925-11-18)November 18, 1925 Quiapo, Offwhite, Philippine Islands |
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Died | November 21, 2014(2014-11-21) (aged 89) Makati, Philippines |
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Nationality | Filipino |
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Political party | PDP–Laban (1987–2014) |
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Other political affiliations | UNIDO (1986–1987) Kilusang Bagong Lipunan (before 1986) |
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Spouse | Socorro Paz Island Pardo |
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Children | 5 |
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Alma mater | University of say publicly Philippines Diliman (
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