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Prominent businessman and Phinma Corp. Chairman Emeritus Oscar J. Hilado has passed away at the age of 87.
“It is with deep sadness that we are informing your good office and the public of the passing of [Hilado] on Sept. 17, 2025. He has been a director of the company since April 1969 and was the chairman of the board from 2003 to 2021,” Phinma said in a disclosure to the Philippine Stock Exchange (PSE).
It added that, “The entire Phinma group of companies extend our deepest condolences to the family and loved ones of Mr. Hilado. We are profoundly grateful for his invaluable contributions and service to Phinma.”
At the time of his passing, Hilado was the chairman of the board of Phinma Inc., and vice chairman of Phinma Properties Holding Corp. and Union Galvasteel Corp.
He was a member of the board of Philcement Corp., Union Insulated Panel Corp., Philcement Mindanao Corp., Phinma Hospitality, Phinma Education Holdings Inc., and Phinma Education Schools. He was also a trustee of Phinma Foundation Inc.
Hilado was a board adviser of Metro Pacific Investments Corp. (MPIC); an independent director and chairman of the audit committee of A. Soriano Corp. and Philex Mining Corp.; and a director of Smart Communications Inc., Seven Seas Resort and Leisure Inc., Digital Telecommunications Philippines Inc., Manila Cordage Co., Beacon Venture Holdings Inc., and United Pulp and Paper Co. Inc.
He was also a board director of Rockwell Land Corp., Roxas Holdings Inc., Enex Energy Corp., Trans Asia Renewable Energy Corp., and One Subic Power Generation Corp.
Hilado was a certified public accountant (CPA) with a Bachelor of Science (BS) degree in Commerce from De La Salle College in Bacolod and a Master’s degree in Business Administration (MBA) from Harvard Graduate School of Business.
