An Asian Democrat
Manileño for April 2007
I'VE JUST finished writing the first draft of the biography of a remarkable man—someone who, at 85 years old, still goes to his office at seven in the morning, carries his own briefcase, and goes abroad on business trips for half the year, following an itinerary that would cripple a man 40 years younger.
I’d like to share some highlights of that life with you, as I’m sure the book will be of great interest to many Filipino-Americans when it comes out in June. Its hero, after all, is a Filipino who took out American citizenship when he had to, but is, for most intents and purposes, truly a citizen of Asia, someone who has passionately believed that only by thinking and acting as Asians can we hope to be able to stand up to the economic behemoths of the United States and Europe.
The man’s name is Washington Z. SyCip—yes, the founder and longtime head of what in its prime was the largest and most prestigious accounting firm in Asia, SyCip, Gorres, Velayo & Co., better known by its initials, “SGV”—a marque that for decades stood for Good Financial Housekeeping in the Philippines and much of the rest of Asia.
SyCip got his name when his father Albino—a lawyer who graduated from the University of Michigan and who co-founded Chinabank—won an important case in Washington, DC at about the same time his third son was born in Manila. That son would be known as “Wash” for the rest of his life.
Wash SyCip was something of an academic wunderkind. He went to a public elementary school and high school at the insistence of his father, who didn’t want his children acquiring any airs. Skipping a few years of grade school and high school because of his superior intellect, Wash graduated from the University of Sto. Tomas, summa cum laude, at an age when many kids today will just be entering their freshman year—all of 17. He began teaching at that age, quickly took a master’s degree, and, still too young to be given his license to practice as a CPA, he went to the US for his PhD at Columbia University. He was on track to secure his doctorate in accounting at the age of 21 when the war broke out.
Marooned in the US, and having been told mistakenly that his father had been killed by the Japanese, Wash signed up with the US Army, joining a regiment of Filipinos being trained in California to be part of the liberation force. But his natural talents asserted themselves, and soon Wash found himself being trained as a cryptographer; soon he was shipped out to Calcutta in India, there to spend the war breaking Japanese codes. (For this, he had to become an American citizen.)
When the war ended, Wash rejoined his family in Manila—his father had been imprisoned but was alive—and realized that there were great opportunities to be found in postwar reconstruction. Passing up a lucrative offer to work as comptroller for a Conde Nast magazine in New York, Wash SyCyip decided instead to open his own accounting firm in a small office he shared with his brothers in Binondo, taking on his fellow tenants in the building as his first clients. He put up his shingle as “Washington SyCip & Co.”—and thus began a 60-year saga of growth that’s still miraculously going strong.
While he retired from SGV ten years ago—as you might think of doing when you turn 75 and your company’s in the pink of health—Wash continues to be involved in various international, corporate, and philanthropic activities. This was, after all, the man who co-founded the Asian Institute of Management in 1968 and the Philippine Business for Social Progress in 1970. Among other commitments, he chairs the board of Lufthansa Technik Philippines—which services large airplanes from all over the world in Manila—and is a member of Board of Overseers of the Columbia University Graduate School of Business and of the International Advisory Board of the Council for Foreign Relations.
But it isn’t just his longevity that distinguishes Wash. He has deeply held ideas about what’s wrong with the Philippines, and what could and should be done to set things right. He believes in democracy—Asian-style. By that he means the “benevolent authoritarianism” of our economically more successful neighbors like Singapore and Malaysia—whose humble origins he can personally remember from their backwater days in the 1960s. He bristles at US efforts to stamp its brand of democracy everywhere around the world. He asks: “Is it not possible that just as technology has to be adapted to account for available factors of production, political evolution similarly has to be adapted to take into account economic and cultural realities?”
If he had his way, Wash would pour huge amounts of money into basic education; cut population growth, no matter what the Church says; put economics ahead of politics, and insulate economic management from the politicians; and, perhaps most controversially, trade off certain political freedoms for stronger economic performance.
Not surprisingly, many of his prescriptions are falling on deaf ears—especially in a nation gearing up for another costly, confused, and potentially bloody election.
We can ignore him, but I have a feeling that Wash SyCip will yet have the last laugh—if not actually outlive us all.


