Background
Frederick was born in 1955, in the Philippines.
Frederick was born in 1955, in the Philippines.
He took over the company Security Bank Corporation in 1989 and became the largest individual shareholder of the bank with 6.6 percent. He also sits on the board of St. Lukes Medical Center as Vice-Chairman. Forbes listed him as the 35th richest Filipino in 2010 with a networth of USD70 million (P3.01 billion).
Dy took over the Security Bank in 1989 and was elected Vice Chairman in the same year. He assumed the Chairman position in 1991 and took it public in 1995. He is also a member of the executive committee of the bank chaired by Rafael Simpao, Jr.
He is also the Chairman of the City Industrial Corporation since 1994 and Vice Chairman of St. Lukes Medical Center since 1996.
Dy is married to Evelyn Dy. They have three children.