SMPC President passes away

Semirara Mining and Power Corporation (SMPC) President and Chief Operating Officer Victor A. Consunji has passed away on December 27, 2018. He was 68 years old.

The country’s largest coal producer disclosed Mr. Consunji’s death to the stock exchange on Friday.

“It is with deep sadness that we announce the passing of our dear and beloved Mr. Victor Almeda Consunji on December 27, 2018,” SMPC said.

“Under Mr. Consunji’s leadership, he was able to turn around the coal mining operations allowing the corporation to reach new heights paving the way for SMPC to become the only integrated power company in the country.”

With a degree in political science from the Ateneo de Davao University, Mr. Consunji has served as the vice chairman of SMPC’s board of directors since 2014. He was also president and chief operating officer of SEM-Calaca Power Corp. and Southwest Luzon Power Corp., as well as a director of SMPC’s parent firm, DMCI Holdings, Inc. at the time of his death.

Mr. Consunji is one of the seven children of the late David M. Consunji, who founded DMCI Holdings back in 1954.

In 2000, Mr. Consunji was in the news after he steered a private plane back to safety after its pilot suffered a heart attack mid-air.

The flight bound for Manila from Caticlan, Aklan, had gone down from an altitude of 3,000 feet before Mr. Consunji took control. Following the instructions of a pilot from a nearby plane who caught his emergency signals, the executive was able to land the aircraft off Laiya Beach in Batangas, saving two of his other companions in the flight.

Mr. Consunji’s wake is being held at the San Antonio Forbes Chapels. His remains will be interred at the Heritage Park in Taguig following a 2pm mass at San Antonio Forbes on December 30, 2018. 

Source: Business World