Ramoncito Abad passes


Ramoncito Abad, chairman of the Monheim Group of Companies, has passed away.

Abad’s son, Jon P. Abad, announced the death of his father on a Facebook post Friday.

“You left us too early Dad but you lived a full life. You shall be missed by everyone whose lives you’ve touched…” read the younger Abad’s Facebook post.

The elder Abad served as president of the Philippine National Construction Corporation and chairman of the Development Bank of the Philippines. He was also an independent director of Anglo-Philippine Holdings Corp.

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