Ramon Monzon Man on a mission

Philippine Stock Exchange Inc. (PSE) president and chief executive officer Ramon Monzon is a man on a mission.

- RICHMOND MERCURIO

 

Right from the start, his vision for the country’s only stock exchange was clear – create a positive change to the organization that will benefit not just the economy, but all stakeholders.

And so he did, as evidenced by the numerous accomplishments and developments the PSE has made under his leadership.

Monzon, now on his eighth year as PSE’s top executive, still has a lot left in the tank and continues to have big plans for the exchange.

“ I want our market to have derivatives trading. I want us to be at par with our regional peers in terms of liquidity and products. I want to finish the PDS acquisition and bring control of the equity depository under the PSE to promote best-practice approaches to risk management and to align the PSE with global exchanges best practices of having just one exchange for equity and fixed income,” Monzon told The STAR in an interview.

“So those are the things that I want to accomplish. And hopefully, the initiatives we are now pursuing would yield positive results and increase the number of listed companies from the present 280 to about 400 to 500,” he said.

Right man for the job

Monzon started his professional career in the Philippines at ABS-CBN. He then left for the United States to get his MBA at the Chicago Booth School of Business.

After working in the US for five years, he returned home in 1980 to join SyCip Gorres Velayo & Co. (SGV) where he became a partner and established the Tax Compliance Group for the firm.