Ricardo Penson is a Filipino business executive and social activist. He is currently running as an independent candidate for the 2013 Philippine Senate elections.
He is a native of Bulacan, a social activist and a successful businessman. He is the President and Chief Executive Officer (CEO) of Ausphil Tollways Corporation, a proponent of the North Luzon East Expressway (NLEE) Tollway Project.
He completed grade school and high school at the Notre Dame of Manila in Caloocan City. Ricardo Penson took up BSBA, Marketing at San Beda College; BBA, Equivalency Course at the University of Cincinnati, Ohio, USA and attained a GMAT of 98%; and BBA and MDP at the Wharton School, University of Pennsylvania, Philadelphia, USA.
Ricardo Penson authored, “Marketing Strategies for Developing Countries,” UNDP staff working paper; Resource Speaker, “Looking Back, Moving Forward,” Center for Asian Studies, University of Michigan; and “Resiliency and Change in Philippine Political Governance,” “Harmony in a Multicultural World,” Centre for International Studies, University of Adelaide.
He advocates for an end to political dynasties in the Philippines and believes that family members should be prohibited from running for public office regardless of the place or position. In November 2012, he launched the Krusada Kontra Dynasty movement in order to further campaign for this advocacy. If elected as senator, he vows to pass a bill prohibiting political dynasties and that he would resign if it fails to become a law.
Ricardo Penson is single but was previously married to four women, the most notable of which was with Filipina actress Dina Bonnevie in 1996. The annulment of his marriage with Bonnevie in 1999 became the topic of showbiz news after he was accused of being psychologically incapable of being married.
However, records of the MTC Quezon City shows the Judge’s Order of Annulment stating that Geraldyn Bonnevie is psychologically incapacitated in as much as it was her that submitted to a psychological evaluation therefore husband Ricardo Penson cannot be found incapacitated.
Ricardo Penson Profile
Private proponent/ sponsor, developer, operator of BOT, PPP transport infrastructure projects preferably with high environmental & socio-economic impact.
Ricardo Penson’s Experience
Stallion Football Club
2012 – Present (1 year) Makati City, Philippines
One of original FCs in the United Football League (UFL), under the umbrella of the Philippine Football Federation & FIFA.
Philco Aero Inc
2009 – Present (4 years)
Private proponent of the US$177 million DMIA International Terminal 2 Project, Clark Special Economic Zone, Philippines together with equity partners San Miguel Corporation and Korea Airports Corporation.
Chair & CEO
Penson & Co., inc.
2008 – Present (5 years)
Engaged in PPP infrastructure development related to renewable energy, bulk water, defense and transport (equity partner of Ausphil Tollways Corp, Defense Resources Inc and Philco Aero Inc), as private proponent or sponsor.
Private sponsor of the National Greening Movement Foundation (NGMF) and the Consumer Protection Advocacy Group (CPAG) as components of its CSR programs.
RP Studios Inc.
2005 – Present (8 years) Quezon City, Philippines
Independent film maker, producer of advertising material, documentaries, feature films.
Chair, ExCom & Director
Defense Resources Inc. (DRI)
2001 – Present (12 years) Pasig City, Philippines
Accredited to manufacture armaments for sale at wholesale to the Armed Forces of the Philippines, engaged in strategic defense studies, repowering of light armoured vehicles, patrol boats manufacture, repowering, ship repair to 1500 dwt.
Chair & CEO
Ausphil Tollways Corp
2000 – Present (13 years)
ATC is the original, private proponent of the North Luzon East Expressway (NLEE) awarded in 2007. NLEE is a new corridor from Quezon City (Metro Manila) to San Jose del Monte, Norzagaray (Bulacan), Stage 1 USD200M; to Cabanatuan City (Nueva Ecija), Stage 2 USD27M; to Tuguegarao (Cagayan) including the Dalton Pass Tunnel, Stage 3 USD150M. (see DPWH website). Current project includes hydroelectric production and bulk water collection. San Miguel Corp has acquired 24% of the corporation with exercise option for another 27%.
President & General Manager
DRI Mulmac Development Corp
1993 – 1998 (5 years) Pasig City
Since 1948, Mulmac is largest harbor engineering and offshore construction firm in the Philippines. Designed, constructed, rehabilitated 40% of all jettys, piers,seaports in the country. Acquired by DRI in 1993.
Special Assistant for National Security & Political Affairs
Office of the President of the Philippines
1987 – 1992 (5 years) Manila
Represented the office in the National Intel Board, National Intel Coordinating Agency. Monitored issues affecting national security and political conditions, provided operational requirements of executive sanctioned missions.
1985 – 1987 (2 years) Schaumburg, Illinois
Telecom robotics subsidiary, managed test marketing of value added products post breakup of Ma Bell monopoly.
San Beda College
BSBA, Marketing Management
Activities and Societies: Supreme Student Council Rep, Lions Playhouse member, Varsity swimmer
University of Pennsylvania - The Wharton School
BBA, MDP, Comparative Management
Sources: wikipedia.org, Ricardo Penson’s Linkedin Profile