San Miguel Corporation (SMC) president and chief operating officer Ramon S. Ang has been included in an elite “power list” that includes legendary investor and philanthropist Warren Buffet and leaders of some of Asia’s top corporations.
In its January 4, 2010 issue, in a full-page feature entitled “The Power List: Year in Review”, the influential Wall Street Journal Asia named Ang as one of 10 “top business leaders who made headlines in 2009 in select global and regional media”.
Ang, credited with engineering the food, beverage, and packaging conglomerate’s dramatic diversification into oil, power, telecommunications, utilities, infrastructure, and banking, is the only Filipino business leader included in the list.
“Mr. Ang and San Miguel Chairman and CEO Eduardo Cojuangco Jr. have led an acquisition spree as the Philippines-based brewer seeks a broader presence in everything from telecommunications to utilities,” the Wall Street Journal said.
“We appreciate the recognition. It’s an honor,” said Ang. “We hope that this helps our Asian neighbours and the rest of the world realize that there are many positive developments and exciting business opportunities in the Philippines,” he added.
The list includes Berkshire Hathaway chairman and chief executive Warren E. Buffet, touted as one of most successful investors in history and one of the world’s richest men.
Also on the list are Toyota Motor president Akio Toyoda, who recently took the reins in the automotive giant; HSBC Holdings group chairman Stephen Green, who is steering HSBC back to Asia; Temasek Holdings executive director and chief executive Ho Ching, who controls Singapore’s state-owned investment fund, and Las Vegas Sands chairman Sheldon Adelson, who is investing in Macau and Singapore.