It is with deep we regret that we inform you that Ambassador Alfonso Yuchengco, founder of the Yuchengco Group of Companies (YGC) passed away on April 15th, 2017 at the age of 94.
As a founding member, Amb. Yuchengco’s support and dedication to the IIS is unsurpassed. He served on the Board of Directors from 1995–2004 and on the Honors Committee from 1992–2014. In 1997 Amb. Yuchengco was inducted into the Insurance Hall of Fame, considered the very highest honor in the insurance industry, for his extraordinary leadership and vision. His contribution and achievements are commemorated at the Claire and Joseph Smetana Insurance Hall of Fame Gallery at St. John’s University in New York City, and can be viewed at www.insurancehalloffame.org.
Amb.Yuchengco was an internationally recognized insurance leader, statesman, humanitarian and visionary whose legacy will be lasting. He built the YGC into a formidable conglomerate that includes RCBC, Malayan Insurance and Grepalife, among others.
Amb.Yuchengco served as the Philippine permanent representative to the United Nations and as the Philippine ambassador to the People’s Republic of China from 1986 to 1988, and to Japan from 1995 to 1998.
We extend our deepest sympathies to the Yuchengco family, and to his many friends and colleagues who join us in mourning his passing.