By JOSEPH G. LARIOSA
(© 2017 Journal GlobaLinks)
CHICAGO (JGL) — Affinity frauds are not only rampant in the Philippines but also among Filipino American
CHICAGO (JGL) – Commissioner Emilio Benito Aquino of the Philippine Securities and Exchange Commission will be the special guest during the “Ika-24 Pagkikita sa Konsulado” (24th town hall meeting of the Consulate) next Wednesday, April 12, 2017 from 5:30 p.m. to 7:30 p.m. at the Rizal Center at 1332 W. Irving Park Road in the north side of Chicago, Illinois.
This was announced by Consul General Generoso D. G. Calonge of the Philippine Consulate, who is inviting the public to a free program entitled, “Investing For Your Future: How to Invest Wisely and Avoid Investment Scams” being held in partnership with the U.S.Securities and Exchange Commission, The Filipino American Council of Greater Chicago (FACC), the Filipino American Lawyers Association (FALA) of Chicago, the Illinois Secretary of State Securities Department and the Financial Industry Regulatory Authority (FINRA).
Parties interested to attend the event may RSVP by April 10, 2017 at https://philippinesec.eventbrite.com
E-FLYER ABOVE FOR CONFIRMATION OF ATTENDANCE AND FURTHER DETAILS
Emilio Benito Aquino was appointed as SEC Commissioner by President Rodrigo R. Duterte on December 2, 2016. He took his oath before Finance Secretary Carlos G. Dominguez III last December 7, 2016.
For over a decade, Commissioner Aquino was a practicing CPA-Lawyer based in Western Mindanao. He taught commercial law subjects at the law schools of Ateneo del Zamboanga and Western Mindanao State University.
His present appointment marks his return to the SEC where he rose through the ranks to become the youngest Director of its former Prosecution and Enforcement (PED) and Non-Traditional Securities and Instruments (NTD) Departments. He is credited for having issued the most number of Cease and Desist Orders against pyramiding and boiler-room operations of pseudo investment firms. He also headed the SEC Davao and Zamboanga Extension Offices where he launched capital market promotion activities as well as relentless enforcement drive against investment scams in the countryside.
He earned a Bachelor of Science degree in Commerce major in Accounting, Magna Cum Laude and Valedictorian at the Universidad de Zamboanga in 1984. He hurdled the CPA Licensure Exams with a rating of 89.14%. He finished his law studies at San Beda College where he was a Dean’s Lister and Silver Medalist. He placed 16th in the 1992 Bar Exams.
SEAL OF THE PHILIPPINE SECURITY AND EXCHANGE COMMISSION
Under a government scholarship, he earned a Master’s degree in Public Management at the Development Academy of the Philippines, graduating at the top of his class. He was also sent to the University of Sydney in Australia where he was conferred a Certificate of Study for a short course in Effective Governance. He completed the Management Development Program of the Asian Institute of Management (AIM) in 2002.
He also participated in numerous foreign trainings and conferences in Asia, Europe, Australia and North America to include two International Institutes on Enforcement and Securities Market Development at the US SEC in Washington D.C. and in New York.
A Multiple Paul Harris Fellow (PHF+7) of The Rotary Foundation, he was the President of the Rotary Club of Zamboanga City West for RY 2009 to 2010 capping the Most Outstanding President plum plus 14 major District Awards and 6 Rotary International Citations and Distinctions. He is a Past President of the Integrated Bar of the Philippines Zambasulta Chapter, which was conferred, under his able leadership the coveted IBP Best Chapter Award during the 15th National Convention of Lawyers in Cebu City. He was elected President of the UZ Alumni Association and was twice awarded as the Most Outstanding Alumnus of Universidad de Zamboanga in the field of Law and Accountancy.
He also held top positions in the local and regional levels of the Philippine Institute of Certified Public Accountants and the Scouting Movement. (PM)
By JOSEPH G. LARIOSA
(© 2016 Journal GlobaLinks)
CHICAGO (JGL) – Filipinos living in the United States have so far remitted "the bulk of nearly" of $30-billion dollars from the worldwide Filipino diaspora to
By JOSEPH G. LARIOSA
(© 2015 Journal GlobaLinks)
CHICAGO (JGL) – Filipino American Joesan “Joey” A. Gabarda, Jr. took off from the profession of his father who was a business and administrative consultant of Chrysler Corporation for 31 years. But Joey raised the bar to another level by being an employer -- a car dealer.
The 41-year-old Joey Gabarda, born and bred in Grosse Pointe suburb of the Motor City of Detroit, Michigan, found his American Dream in Midland, Texas, where he is the managing partner of Classic Honda Midland dealership with 29 employees, who are two-third whites and a third Hispanics.
The son of Joesan L. Gabarda, Sr., a native of Pasay City but raised in Sorsogon City in the Philippines and Corazon “Boots” Laroco, a Registered Nurse and native of Baguio City also in the Philippines, Joey plans to expand diversity in his workplace by hiring both Asians and Filipinos “if the opportunity arises, they have an opportunity with me.
“In the 20 years of being in this business, I have only personally known three Filipinos, one of them is my best friend I grew up with in Detroit,” Joey added.
Although he has a partner, Tom Durant, in the Classic Honda of Midland dealership located on West Wall Street in Midland, from whom he took out a “loan from and he helps me with some working capital,” Joey said, “I am the operator of the store as my partner will probably never see the store. In essence, I make all of the decisions and it is my store.” Mr. Durant also owns 17 dealerships.
Only a few weeks after he bought the dealership, Joey started with 12 employees but he described the “reputation of the (original) dealership completely ruined. Why? The store was previously owned by a public company, which held a different philosophy in running a business.”
When asked how he plans to overcome those challenges, Joey said he will be “hiring the right people with the mindset to take my business to the next level. Also, to implement the correct processes to make sure the customers are taken care of to rebuild my clientele base as well as customer retention.”
Asked how he became a car dealer, the young Gabarda said being raised in the Motor City, which has been his automotive industry home his entire life, “I knew I was always going to do something in the automotive field. Initially it was engineering but I was recruited to play Collegiate Lacrosse (which was my passion at the time) at Northwood University (in Midland, Michigan) so I switched my direction to business.”
Joey graduated from Northwood University with a Bachelors of Business Administration, specializing in Automotive Marketing and Business Management in 1997.
After graduating from Northwood University, he moved to Atlanta, Georgia, where he worked his way into upper management at Sutherlin Nissan of Marietta Ed Voyles; Honda in Marietta, GA as a New Car Director; Toyota/Scion of Goldsboro as the General Manager; Boardwalk Porsche as the General Manager; Boardwalk Auto Group as the Variable Operations Director; and Classic Chevrolet as the New Car Manager.
In 2014, Joey attended NADA University to fulfill the necessary requirements to purchase his first dealership.
Through his career, he has had the ability to work for Ed Voyles Automotive Group, the Van Tuyl Automotive Group, AutoNation and the Boardwalk Auto Group. He has held every position on the variable side and is proficient on fixed as well.
Joey’s considered greatest achievement in his career was to acquire the prestigious President's Award from Southeast Toyota in 11 months at Toyota/Scion of Goldsboro. His other accolades are 2001 Nissan’s Circle of Excellence Award Team Nissan of Marietta; 2002 Nissan’s Circle of Excellence Award Team Nissan of Marietta; 2003 Honda’s Presidents Award Ed Voyles Honda; 2005 Toyota’s President's Award Toyota/Scion of Goldsboro; 2006 Toyota’s President's Award Toyota/Scion of Goldsboro: 2011 Audi Magna Society Boardwalk Auto Group; 2011 Porsche Premier Dealer Boardwalk Auto Group; 2012 Audi Magna Society Boardwalk Auto Group; 2013 #1 Selling Chevrolet Retailer in the Country; and 2013#1 Parts Wholesale in the Country.
In five to 10 years, he is looking at owning and managing five dealerships under his own automotive dealer group.
Aside from Joey, there is another Filipino American, Rene Isip, who also owns multiple dealerships in Texas. Mr. Isip was a previous owner of Toyota of Lewisville, which sold for $30-million a few years back.
In the Midwest, there is also a Filipino American, Emir C. Abinion, who also owns dealership of Volkswagen, Buick and GMC at West Chicago and Schaumburg, Illinois. Mr. Abinion is also a son of a native of Albay province, the neighboring town of Joey’s father’s province of Sorsogon.
Although, Joey had been in the Philippines in 1977 when he was only three years old, he may not have recollections of Manila but he loved “Bikol (the home region of his father) and Baguio (the birth city of his mother).”
His favorite Filipino delicacies? Machado, Kare Kare, Pancit, Egg rolls and Halu Halo.
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