PAST PRESIDENT & TRUSTEE

VIRGILIO ESPELETA

Virgilio “Nonoy” Espeleta, a prominent business leader and entrepreneur in Cebu, Philippines, has left an indelible mark in the business world through his dynamic and holistic approach to corporate strategy and governance. With a background in Chemical Engineering, he has leveraged his expertise to found FAMCOR Consultants & Associates in 2010, which has since become a sought-after consulting firm for family-run enterprises.

As the founder and president of FAMCOR, Nonoy has played a critical role in crafting and implementing sustainable business roadmaps that balance the family dynamics and corporate governance systems. He has been an influential figure in managing or providing guidance to family corporations in conflict prevention, professionalization, succession planning, and family board governance.

As a senior experts’ regional representative for PUM Netherlands, Nonoy has been actively involved in helping entrepreneurs, including Chamber members and MSMEs, navigate the challenges posed by the pandemic. He has been a key player in advocating for the creation of value and prosperity for mission-driven firms and MSMEs and has partnered with the Department of Trade and Industry, Phil Center for Entrepreneurship (Go Negosyo), and the PUM Netherland Senior Experts.

In addition to his work with FAMCOR, Nonoy has served as the President of the Cebu Chamber of Commerce and Industry, Inc. (2019) and has been a member of the Cebu Chamber of Commerce and Industry since 2013. As the Chairman of the RDC7 Economic Development Committee, he has played a critical role in converging the programs of regional government line agencies to achieve the midterm regional development plan. He has also been instrumental in catalyzing joint positions of various business organizations and civil society to influence local government units and regional line agencies in the economic resurgence agenda.

Nonoy is a full ADB Scholar and holds a Master’s degree in Business Management from the Asian Institute of Management, where he has also taught as an adjunct professor. He co-developed Go-Negosyo’s 10-module KMME program and acts as the Visayas Coordinator and Lead Mentor in the Kapatid MentorMe Program. He has received numerous awards and recognitions for his contributions to the business world, including The Asia HRD Award 2019 in the “Mover and Shaker Category.”

As a covenant disciple of Bukas Loob sa Diyos, a Catholic charismatic renewal group, Nonoy has a strong conviction that business is a vocation and a calling. He believes that business is an opportunity to evangelize the workplace, to serve God and country, and to imbibe servant-leadership and stewardship in wealth creation for the benefit of mankind.

His contributions have left a lasting impact on CCCI and the business community and have inspired others to strive for excellence in their respective fields.