House to confer Paterno with Congressional Medal of Achievement

ABS-CBN News

Posted at Dec 04 2014 12:29 PM | Updated as of Dec 05 2014 12:00 AM

MANILA, Philippines - The House of Representatives is expected to posthumously award the Congressional Medal of Achievement to former Senator Vicente 'Ting' Paterno.

Paterno passed away last November 21 at the age of 89.

Parañaque City Rep. Eric Olivarez filed House Resolution No. 1685 expressing the House's profound sympathy and sincere condolences to the family of the former Senator, and seeking to honor Paterno with the medial.

"He served with integrity, confidence and excellence not only during his time as a public servant in the government but also in the private sector. The Award recognized Hon. Paterno's exemplary personal life and professional career, marked by outstanding achievements in public service and his distinguished career as a socially-responsible entrepreneur," the resolution stated.

"Paterno's demise is a great loss not only to his bereaved family but also to the country and to the millions of Filipinos whom he loved and served well," it added.

Paterno had previously held various government positions - Senator from 1987 to 1992; President Cory's Deputy Executive Secretary for energy from 1986-1987; Chairman of the Board of Investments from 1970 to 1974; Minister of Industry (1974-1979); Minister of Public Highways (1979-1980); and Founding chairman of the Philippine Seven corporation from in October 1982.

Paterno was cited for his contribution to the reconstruction of the nation after the EDSA revolution as President of the Philippine National Oil Company in 1986.

Paterno was the recipient of the Ramon V. del Rosario Sr. Award for National Building from the Asian Institute of Management RVR Center for Corporate Social Responsibility in 2013.

Paterno was also the founder and chairman of the Philippine Seven Corporation (PSC), which owns the Philippine franchise for 7-Eleven.

Born in Quiapo, Manila on November 18, 1925, Paterno finished Bachelor of Science in Mechanical Engineering at the University of the Philippines in 1948 and obtained a master's degree in business administration from Harvard University in 1953. He was also a lecturer in the graduate schools of the UP, La Salle, and Ateneo de Manila from 1954 to 1962.

Paterno is survived by his wife Socorro Paz Trinidad Pardo; his children Judy, Mailin, Maite, Victor and Tina; and his eight grandchildren.