August 06, 2012
First Philippine Holdings Corporation (FPH) has signed a Memorandum of Understanding with Ateneo de Manila University (ADMU), De La Salle University (DLSU) and the University of the Philippines (UP) to collaborate on research that aims to find creative and innovative solutions that may prevent and mitigate the effects of disasters and calamities that could befall our country in the years to come. For this, FPH has committed startup funding of Php150 million to create the Oscar M. Lopez Center for Climate Change Adaptation and Disaster Risk Management, which is named after the chairman emeritus of FPH (4th from left in photo) in honor of his advocacy to protect the environment. Also present during the MOU signing ceremony are (from left) Elpidio L. Ibanez, FPH president; Alfredo Pascual, UP president; Federico R. Lopez, FPH chairman and CEO; Fr. Jose Ramon Villarin SJ, ADMU president; and Bro. Ricardo P. Laguda, DLSU president.