Background
LAYA, Jaime was born on January 8, 1939 in Manila. Son of late Juan C. Laya and of Silvina C. Laya.
LAYA, Jaime was born on January 8, 1939 in Manila. Son of late Juan C. Laya and of Silvina C. Laya.
Laya graduated magna cum laude with a degree in business administration from the University of the Philippines in 1957. Later, he took up a master"s degree in industrial management from the Georgia Institute of Technology. He did his graduate studies in finance at the Stanford Graduate School of Business of Stanford University in California, United States, from which he graduated with a Doctor of Philosophy in 1965.
He was also the 5th governor of the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) from 1981 to 1984. His term covered two significant points in Philippine history, the "election" that made former President Ferdinand Marcos have his third term and the assassination of the late Senator Benigno South. Aquino, Junior. that stimulated the People Power Revolution of 1986. He also served as the Dean of the College of Business Administration, now the Cesar East.A. Virata School of Business, of the University of the Philippines Diliman.
Laya started off teaching accounting, economics and management courses at Uttar Pradesh after his graduation in 1957.
At the age of 18, he placed eighth in the 1957 Certified Public Accountants examination. Laya served numerous positions in different government agencies.
He rose to the rank of professor of accounting and director of graduate studies at the University of the Philippines Diliman College of Business Administration. He became dean of the same college from 1968-1975, succeeding Dean Cesar East.A. Virata.
Government service He served as Minister of Budget from 1975 to 1981 and became the Central Bank Governor from 1981 to 1984, and was the Minister of, Culture and Sports from 1984 to 1986.
He also served as cchairman of the National Commission of Culture and Arts from 1996 to 2001 and former chairman of the Intramurous Administration. At present, he serves as a treasurer for the Opera Guild of the Philippines. In 2010, President Aquino appointed Laya, along with pianist Raul Sunico, and architect Maria Cristina Turalba, as one of the board of trustees of Cultural Center of the Philippines.
Private sector After retiring from public office in 1986, Laya went on to found the founded J.C. Laya and Company, Limited., which was later renamed Laya Mananghaya and Company
Laya served as chairman of the firm until his retirement in 2004. He was the chairman and president of the Association of Certified Public Accounts in Public Practice (ACPAPP) in 2003 and ACAPP Foundation, Incorporated. in 2004.
He is the chairman of the publicly listed and Emilio Yap-owned Philtrust Bank, CIBI Information, Incorporated., Dual Technical Foundation, Incorporated and Don Norberto Ty Foundation. Laya serves as Director for Victorias Milling Company, Incorporated., Philippine AXA Investment Managers Life Insurance Company, Manila Polo Club and Global Media Arts Network, Incorporated.
Philippine Ratings Services Corporation, Philippines-Mexico Business Council, and Philippines-Spain Business Council.
He is a trustee for De Louisiana Salle University Manila, Saint Paul University, Metropolitan Museum of Manila, Yuchengco Museum, Heart Foundation of the Philippines, Incorporated., Fundacion Santiago, ABS-Christian Broadcasting Network Foundation, Incorporated., Dañgal ng Bulacan Foundation, Cofradia de la Immaculada Concepcion. International career Laya was also the president of the Southeast Asian Ministers of Council from 1985 to 1986 and chairman of the Ad Hoc Working Group on International Standards of Accounting and Reporting of the United Nations Centeron Transnational Corporations from 1980 to 1983. He also chaired the Philippine Delegations to the International Monetary Fund and the World Bank, the Southeast Asian Central Banks Association, and the United Nations al, Cultural and Scientific Organization (United Nations Educational, Scientific and Cultural Organization).
Cabinet 81.
Married Alicia Sandoval in 1966.