Appendix 1.2: Letter from the Office of the Dean, University of the Philippines Diliman College of Business Administration to the University of the Philippines Board of Regents on the Renaming of the UP College of Business Administration

Abstract

Neither Dean Ben Paul Gutierrez’s letter nor the attachments thereof indicate that the renaming of the College of Business Administration to the Cesar E.A. Virata School of Business would be the condition to a donation in favor of the university, which would have made the renaming legally tenable under Republic Act No. 1059. In the 1288th Meeting of the UP Board of Regents, held on 20 June 2013, the board confirmed “the Commitment [sic] of Regent Magdaleno B. Albarracin Jr. to Donate [sic] P40 Million as a condition to the renaming . . . after the finality of the Board’s approval on the said renaming.” Albarracin’s name can be seen in Annex B of Gutierrez’s letter, listed under “Former Deans of UPCBA (282).” He is identified, besides as UP BOR member, as “Vice-Chairman, Phinma” (OSU 2013).