(MANILA, PHILIPPINES) — Danny Y. Yu, Chief Financial Officer (CFO) of Philex Mining Corporation, was named the 2016 ING-FINEX CFO of the Year.The search, initiated by FINEX • the premier professional organization for finance and financial services executives and decision makers in Philippine business, government, academe, and professional services • in 2016 and in partnership with ING Bank N.V. Manila Office • an acknowledged world leader in banking, insurance, and investment management services • aims specifically to honor outstanding CFOs for the year. This has been made more momentous and purposeful as it is an award bestowed by one•s peers in the industry.
Now on its 10th year, Yu joins the elite ranks of nine other CFOs of the Year from the Ayala Group, the SM Group, Jollibee, Shell, and GMA Network, Inc. The extensive nationwide search, with the theme •A Decade of the CFO: Championing Good Governance• culminated with the lavish ceremonies held last November 23, 2016 at the Shangri-la Makati.
Yu has been with the First Pacific Group for nearly three decades and moved around ten companies within the group. He began his career with SGV & Co. in 1983 after completing his BS Commerce Degree, Major in Accounting, magna cum laude at the University of San Carlos in Cebu. He likewise holds a master•s degree from and a consistent Dean•s Lister at the Asian Institute of Management. When he came on board Philex in 2013, he helped transform the organization into one of the best performing and arguably the most awarded metallic mineral resource development companies in the country, including the PSE Bell Awards from 2015-2016, the 2015 ACGS Awards (Top 3 in the Philippines and Top 50 in the Region), the 2014 Asia CEO Awards and 2016 Investors• Forum Awards • all in the field of corporate governance.