Winston Garcia Explained

Winston Garcia
Office:Cebu CFI Financial Institute
Term Start:2019
Term End:Present
Birth Name:Winston Fiel Garcia
Birth Date:21 May 1958
Birth Place:Cebu, Philippines
Nationality:Filipino
Party:One Cebu (local)
Otherparty:UNA (2015–2016)
PDP–Laban (2016–present)
Parents:Pablo P. Garcia
Esperanza “Inday” Fiel-Garcia
Relatives:Gwendolyn Garcia (sister)
Pablo John Garcia (brother)
Profession:Politician, Corporate CEO and Director

Winston Fiel Garcia (born May 21, 1958) is a Filipino lawyer, and corporate leader who was the general manager and president of Government Service Insurance System.[1] He has served as the director and board member of several of the biggest institutions in the Philippines such as the Philippine Stock Exchange, San Miguel Corporation, Meralco and is currently the chairman of the Garcia-owned Cebu CFI Cooperative.

Personal life

Garcia was born and raised in Cebu, Philippines, to a family of lawyers. He is the son of former Deputy Speaker Pablo P. Garcia[2] and Cebu CFI Community founder, retired judge Esperanza “Inday” Fiel Garcia. He is the brother of Cebu governor Gwendolyn Garcia and Cebu 3rd District Congressman Pablo John Garcia. Winston is married to Isabel, an architect and the president of the Zonta Club International Cebu Chapter. They both have 5 children.

Academic life

Garcia attended law school at the San Beda College of Law, while also taking up Associate in Arts at the Southwestern University in Cebu City and Bachelor of Philosophy at the University of Santo Tomas-Central Seminary.

Garcia's track record as a public servant includes his position as chairman of Cebu Provincial Committee on Good Government, Committee on Laws and Ordinances and executive committee on Anti-Graft and Corrupt Practices.[3]

Garcia was conferred an honorary doctorate degree in public administration by the Polytechnic University of the Philippines.[4]

As general manager and president of GSIS

Garcia overhauled the near-bankrupt GSIS[5] into the most profitable government enterprise in the Philippines.[6] [7] [8] [9]

He intensified collection, eliminated fraud, launched aggressive marketing of new products and services to members, and instituted practical reforms in GSIS investment activities. He also purged entries of deceased members from the GSIS rolls.[10]

GSIS assets increased by 500 billion pesos (US$10 billion) during his 9-year tenure

When GSIS was on the cusp of bankruptcy, Garcia employed several technological and managerial reforms which saved the corporation. In the span of 9 years, Garcia was able to generate nearly 500 billion pesos (US$10 billion) for the GSIS conglomerate.

GSIS e-Card and G-V@PS

Garcia delivered the 1.5 million GSIS members into the Digital Age by embarking on the ambitious eCard Plus System,[11] the GSIS Wireless Automated Processing System (G-W@PS) and the GSIS Voice Activated Processing System (G-V@PS). These programs enabled GSIS members to enjoy their GSIS benefits and loan privileges anytime and anywhere—using automated, paperless, secure, and wireless systems.[12]

Juan Luna's "The Parisian Life"

One of the most controversial paintings to date is Juan Luna's "The Parisian Life" which is now exhibited to the public at the Philippine National Museum.[13]

An oil painting dated 1892, the painting was purchased in 2002 Garcia at an auction in Hong Kong for Php 46 million, which raised questions over whether government workers' money was being properly used.[14]

The Commission on Audit (COA) filed a case against Garcia for graft and grave misconduct. Garcia's decision to purchase a piece of history[15] was proven to be a worthy investment for the agency after COA decided to reconsider its disallowance of the purchase of the painting.[16]

The painting, which was purchased initially at Php 46 million, is now worth Php 300 Million. The investment proved worthy.[17] [18] [19]

Career in business management

Garcia is the former chairman of the National Reinsurance Corporation; the GSIS Mutual Fund, Inc.; and the ASEAN Forum Inc. He also serves as the Vice Chairman of the Philippine Social Security Association and board member of the ASEAN Social Security.

Garcia used to sit as an independent director of San Miguel Corporation and director of the Philippine National Construction Corporation; and the Philippine Health Insurance Corporation.

He is a member of the International Social Security Association, International Insurance Society Inc and the International Insurance Society, Inc.

Notable positions held

Political life

Garcia served in the Provincial Board of Cebu for two terms, from April 1986 to June 1995. As provincial board member, he is credited for developing the P1 billion bond program of Cebu that raised funds to finance the province's infrastructure, triggering the Ce-boom phenomenon.[20]

A lawyer by profession,[21] he was the gubernatorial candidate of One Cebu Party for the 2016 Cebu elections. Nerissa Soon Ruiz was his running mate for Vice Governor[22] in the May 9 election against the incumbent Cebu Governor Hilario Davide III and Vice Governor Agnes Magpale of Liberal Party (Philippines).[23] [24] [25]

On February 16, 2016, Binay's party United Nationalist Alliance and One Cebu party (with former GSIS chairman Garcia as the party's gubernatorial bet in Cebu local elections, 2016) form a local coalition in the province of Cebu during the local party's general assembly.[26] [27] [28]

Garcia had openly challenged incumbent Cebu governor Davide to a public debate, but Davide refused, commenting that it was "a waste of time.".[29] [30] [31] On his side, Winston Garcia urges COMELEC to organize local debate. "A debate is a venue for voters to learn about a candidates platform. It will help guide them in identifying which leader has the better program," Garcia said.[32]

Notes and References

  1. Web site: Stocks. Bloomberg News.
  2. Web site: Pablo Garcia named deputy speaker: Powerful House post for Tomas. .
  3. Web site: Winston F. Garcia | San Miguel Corporation . 2016-03-12 . 2016-03-26 . https://web.archive.org/web/20160326014646/http://www.sanmiguel.com.ph/page/a/41.html . dead .
  4. Web site: Archived copy . 2016-03-12 . 2014-06-06 . https://web.archive.org/web/20140606052946/http://plm.edu.ph/downloads/46th_Commencement_Exercises_Souvenir_Program.pdf . dead .
  5. Web site: Archived copy . 2016-03-12 . 2010-12-24 . https://web.archive.org/web/20101224224047/http://southernleytetimes.com/archives/Isssue%20513.pdf . dead .
  6. Web site: GSIS bankrupt na. Philstar.com.
  7. Web site: PGMA, Garcia Accountable for GSIS Bankruptcy. 27 July 2008.
  8. Web site: THOROUGH AND TRUE Public audit of GSIS funds - ZamboTimes . www.zambotimes.com . dead . https://web.archive.org/web/20160313020305/http://www.zambotimes.com/archives/news/1410-THROUGH-AND-TRUE-Public-audit-of-GSIS-funds.html . 2016-03-13.
  9. Web site: Bizlinks...Philippine Business, Issues and Links, as published in Philippine Star . 2016-03-12 . 2016-03-12 . https://web.archive.org/web/20160312152204/http://www.bizlinksphilippines.net/110703.shtml . dead .
  10. Web site: Winston's dream for Cebu. . 26 August 2015.
  11. Web site: GSIS - Government Service Insurance System . 2016-03-12 . 2016-07-10 . https://web.archive.org/web/20160710140031/http://www.gsis.gov.ph/default.php?id=73 . dead .
  12. Web site: Manilamaildc.net .
  13. Web site: Our Motherland depicted in the "Parisian Life" by Juan Luna » Touched by An Angel. Noemi. Lardizabal-Dado. August 6, 2011. Touched by An Angel.
  14. http://www.spot.ph/entertainment/artsculture/64332/10-controversial-works-by-filipino-artists Controversial works by Filipino artists
  15. Web site: Juan Luna's unfaithful wife Manila Bulletin Latest Breaking News News Philippines. dead. https://web.archive.org/web/20140129044412/http://www.mb.com.ph/juan-lunas-unfaithful-wife. 2014-01-29. Manila Bulletin.
  16. Web site: P40M Luna Painting purchase: Winston glad COA gave okay. 2022-04-18. Philstar.com.
  17. Web site: GSIS valuable, historical paintings transferred to the National Museum. 29 October 2012.
  18. Web site: 10 Things to Know about the Parisian Life - ESCooped.com . 2016-03-12 . 2016-03-12 . https://web.archive.org/web/20160312133306/http://escooped.com/blog/2016/02/28/10-things-to-know-about-the-parisian-life/ . dead .
  19. Web site: GSIS - Government Service Insurance System . 2016-03-12 . 2016-03-12 . https://web.archive.org/web/20160312122552/http://www.gsis.gov.ph/news.php?id=166 . dead .
  20. Web site: WATCH: Lito Osmeña on CEBOOM and Winston Garcia - One Cebu . 2016-03-12 . 2016-03-11 . https://web.archive.org/web/20160311171855/http://onecebuph.com/2016/02/24/lito-osmena-on-ceboom-and-winston-garcia/ . dead .
  21. Web site: dotPH domains available portal. winstongarcia.ph. 8 October 2023.
  22. Web site: One Cebu Party fields Winston and Nerissa. .
  23. Web site: Former GSIS chief Garcia files COC for Cebu governor. 15 October 2015.
  24. Web site: Winston to run for Cebu governor . .
  25. Web site: In Cebu, it's Davide vs Garcia for governor ABS-CBN News . rp1.abs-cbnnews.com . dead . https://web.archive.org/web/20160311023242/http://rp1.abs-cbnnews.com/nation/regions/10/15/15/cebu-its-davide-vs-garcia-governor . 2016-03-11.
  26. Web site: UNA, One Cebu sign unity pact. . 16 February 2016.
  27. Web site: One Cebu backs Binay. . 2 February 2016.
  28. Web site: Winston, One Cebu back Binay. .
  29. Web site: Cebu governor refuses to debate with rival | ABS-CBN News . 2016-03-10 . 2016-02-28 . https://web.archive.org/web/20160228131434/http://newsmobile.abs-cbn.com/video/nation/regions/02/28/16/cebu-governor-refuses-to-debate-with-rival/ . dead .
  30. Web site: Davide: No plans to debate Winston. .
  31. Web site: Debate way kapuslanan: Davide. . 27 February 2016.
  32. Web site: dotPH domains available portal. winstongarcia.ph. 8 October 2023.