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This profile was last updated on 2/1/93  and contains information from public web pages.

Prof. Felixberto U. Bustos Jr.

Wrong Prof. Felixberto U. Bustos Jr.?

Employment History

  • President
    Training Group , Inc.
  • Executive Director
    AIM Gov
  • Executive Vice President of the Banking Sector
    Land Bank of the Philippines
  • President
    Asian Consulting
  • President
    Association of Investment Professionals
  • Executive Vice President and General Manager
    Southeast Asia Cement Holdings , Inc.


  • Bachelor of Science , Chemical Engineering
    University of the Philippines
  • Business Economics
    University of the Philippines
  • Doctorate , Business Administration
  • Accounting and Finance
    Columbia University
  • MBA
    Columbia University
  • Master , Business Administration
Web References
About Prof. Felixberto U. Bustos, Jr., DBA, CFA, 1 Feb 1993 [cached]
Prof. Felixberto U. Bustos | authors page
Prof. Felixberto U. BustosEmail this page to a friend
Prof. Felixberto U. Bustos, Jr., DBA,
Professor Felixberto U. Bustos, Jr. is the Executive Director of the Gov.
Prof. Bustos was the former Program Coordinator of the Master in Management (MM) Program, Program Director of the Master in Development Management (MDM) Program, a Guru in the Master in Entrepreneurship (ME) Program, and the Chairman of the Institute's Area of Excellence for Finance and Economics (AOEFE).His research interests are in the areas of privatization, local government financing, strategic use of information technology (IT) in banking and behavioral finance (the impact of behavioral science in investment and financing decisions).
Prof. Bustos is the President of the Asian Consulting and Training Group, Inc. (ACT Group), a consulting firm that houses all external consulting and training activities of AIM professors.A CFA charterholder, he became the first president of the Association of Investment Professionals, Manila (AIPM), the local chapter of the Association for Investment Management and Research (AIMR) in 1998.The AIMR grants the CFA (Chartered Financial Analyst) professional designation worldwide.
In 1997, Prof. Bustos served as executive vice president and general manager of Southeast Asia Cement Holdings, Inc. (SEACEM), a publicly traded holding company.From early 1993 to the end of 1996, he was seconded by the AIM to the Land Bank of the Philippines (LBP), where he served as executive vice president of the Banking Sector.He was also managing director of Price Waterhouse Financial Advisors, Inc., which specialized in mergers and acquisitions, investment consultancy and privatization studies from 1990-1992.
Prior to joining AIM in June 1988, Prof. Bustos served the Philippine government for nearly a decade.In the first nine years, from August 1978 to August 1987, he was with the Philippine National Bank (PNB), the largest commercial bank in the country at that time.His responsibilities included the supervision of the internal audit, telecommunications, accounting, IT (Information Technology), and privatization functions.Subsequently, he served in the Asset Privatization Trust (APT), the primary privatization agency of the country, as the executive officer for administration and custodial services during its crucial formative stage.
As an IT professional, Prof. Bustos' initial involvement with computers dates back to 1971, when he trained in programming technology at the Control Data Institute in New York City and became assistant data processing manager of a multinational company in neighboring Long Island.After graduating with an MBA from Columbia University in 1973, he joined one of the prestigious Big 8 (now Big 5) auditing and consulting firms, Price Waterhouse & Co in New York.After passing the New York State Certified Public Accountant examinations, he headed audit and consulting engagements for Fortune 500 clients such as Exxon, W.R. Grace, and IBM, until his return to the Philippines in 1978.He was a director of the Philippine Computer Society, the country's foremost association of IT practitioners and has lectured on various EDP/MIS topics in public and private institutions nationwide.
Prof. Bustos holds a Bachelor of Science in Chemical Engineering from the University of the Philippines (1970).He received a Master in Business Administration, major in Accounting and Finance, from the Columbia University (1973), and a Doctorate in Business Administration, major in Business Economics, from the University of the Philippines (1993).
His writings and publications include the following:
Metropolitan Computer Times, 31 Aug 2001 [cached]
Felixberto U. Bustos, Jr., executive director of the AIM Gov.Jose B. Fernandez Jr. Center for Banking and Finance (JBF Center), says that technological innovations will allow smaller banks to focus on a small market and remain profitable.
Bustos, a professor at the Asian Institute of Management (AIM), made these observations during the fourth installment of the 3rd JBF Lecture Series themed "Responding to Uncertainty".With Bustos were Union Bank of the Philippines chairman and CEO Justo A. Ortiz, Accenture partner Judy Tan, and Bangko Sentral ng Pilipinas managing director Ricardo San Juan.
During the session, Prof. Bustos shared his prophecies on the innovation patterns in the banking industries of the ASEAN-4 comprised of Indonesia, Malaysia, Philippines and Thailand.He said that the ASEAN-4 trends will follow that of the United States where high PC penetration rates give encouraging prospects for the future of Internet banking.High cost and lack of confidence in wireless transactions, on the other hand, would deter mobile banking from taking off.
He presented results of his study which showed that while Internet banking is currently the most widely adopted innovation in the ASEAN-4, its prospects are probably not as good as that in the US because of low PC penetration rates, "cultural" barriers in using Western innovations, and geographical dispersion.
Smart cards, meanwhile, are expected to be more widely used, particularly in Malaysia, where the current generation has been acculturated to the use of the GIRO financial card since their school years.
Unionbank's Ortiz emphasized the need to identify and study the market segment to which the technology is directed, and the internal mindset revolution required to complement the technology.
Sun.Star Network Online - Talisay 'hiding secret agenda', 28 Feb 2005 [cached]
Mayor Tomas Osmeña, who was then co-chairman of the MCDP, and Felixberto U. Bustos Jr., then executive vice president of the banking sector of LBP, also signed as witnesses to the signing of the agreement.
Management Consultancy, 22 Mar 2005 [cached]
Felixberto U. Bustos, Jr. - Faculty, Asian Institute of Management
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