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Jaime Laya

Jaime Laya 02

Jaime Laya

Jaime C. Laya is a recipient of the Association of Certified Public Accountants in Public Practice Lifetime Achievement Award for 2007. He is founder and chairman of the firm Laya Mananghaya & Co. (currently Manabat Sanagustin & Co.) until his retirement in 2004. Laya graduated magna cum laude from the University of the Philippines with a degree in Business Administration. At the age of 18, he placed 8th in the 1957 CPA examination and had to wait three years before taking his oath. He taught accounting, economics, and management courses at UP after graduation.

While with the University of the Philippines, Laya studied at the United States for his masters and doctorate degrees. In 1974, Laya joined the government service and served in various capacities until 1986, including as minister of Education, Culture and Sports, minister of Budget, and as governor of the Central Bank of the Philippines. After retiring from government service in 1986, Laya founded J.C. Laya & Co., Ltd. and engaged in accounting and consulting work. The firm grew and was later renamed Laya Mananghaya & Co. Laya is chairman and president of the Association of Certified Public Accountants in Public Practice in 2003 and of the ACPAPP Foundation, Inc. in 2004.

Other Information

  • Name: Jaime C. Laya
  • School Attended:
    • Business Administration degree (magna cum laude), University of the Philippines
    • Masters in Industrial Management, Georgia Institute of Technology
    • Graduate Studies in Finance, Stanford University
  • Books:
    • “Consuming Passions: Philippine Collectibles” (Anvil 2003)
    • “Letras y Figuras: Business in Culture, Culture in Business” (Anvil, 2001)

Business Interest

  • KPMG/Laya Mananghaya & Co., Founder and Chairman

Public Service

  • Professor and dean of the University of the Philippines College of Business Administration
  • Minister of the Budget
  • Minister of Education, Culture and Sports
  • Chairman of the Monetary Board and Governor, Central Bank of the Philippines
  • Chairman of the National Commission for Culture and the Arts from December 1996 to December 2001
  • Chairman of the Intramuros Administration
  • President of the Association of Certified Public Accountants in Public Practice in 2003 and of the ACPAPP Foundation, Inc. in 2004

Awards

  • Association of Certified Public Accountants in Public Practice Lifetime Achievement Award for 2007
  • One of the 1967 TOYM Awardees for Business Education
  • Manila Critics Circle Book Award, “Letras y Figuras: Business in Culture, Culture in Business” (Anvil, 2001)

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