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PIA Press Release

Waray Waray among this year's TOYM awardees

by Ninfa B Quirante

Tacloban City (20 December) -- Romero Federico Quimbo, a true bloodied Waray-waray and a Catbaloganon at that, was chosen one of The Outstanding Young Men of the Philippines (TOYM).

Romero according to friends and neighbors in Catbalogan town, belongs to a family of intellectuals. He spent his elementary and high school in Catbalogan. He and siblings were all honor students. In fact, Rosario Cadiz, former classmate of another lawyer brother of Quimbo said that his paternal grandfather was the first Bar topnotcher of the University of Sto. Tomas.

TOYM awardee, Quimbo, who is also the President/CEO of Pag-IBIG Fund, was cited for steering the government run corporation to its most impressive performance ion its 25-year history, earning the distinction of being the single biggest provider of housing loans in the country today.

Under his leadership, Pag-Ibig has turned into the country's Top 10 corporations.

In his message, as he received his citation in Malacanang on December 6, 2006, Quimbo urged his fellow Filipinos not to give up on government.

He said that it has been his obsession, "to restore our people's hope in our country and trust in government."

"We have time and again striven to succeed in the Pag-Ibig Fund, if only to show to our people that this government can work, and that when run properly a government agency can be at par or even better than the private sectors," he declared.

Quimbo was the Guest of Honor at the Samar State University (SSU) during its 2006 graduation rites in March. Another Catbaloganon who knows him said that it is Quimbo who personally settles his property taxes in January at the Catbalogan town Hall. (PIA-Samar) [top]

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