02/10/2026
The University of the Philippines Cesar E.A. Virata School of Business (UP VSB) mourns the passing of former Prime Minister and Minister of Finance Cesar E.A. Virata today, October 2, 2026, at age 95.
Cesar Virata served as the 5th Dean of then-UP College of Business Administration (UP CBA), from 1960-1967. His vision was to build a business school that would play a vital role in the country’s economic development. He prioritized the training of both future industry leaders and academics, institutionalizing the structural programs and core principles that form the backbone of the School. This enabled many faculty members to earn their masters and PhD degrees from top universities abroad – a privilege that is enjoyed even by today’s generation.
It is also during his term that an institutionalized mechanism within the School was established, providing valuable support for teaching, research, scholarships, and faculty and student development to this day.
The College was renamed in his honor by the UP Board of Regents on April 12, 2013.
The UP VSB community extends its heartfelt condolences to the family of Dean Virata, and its sincerest thanks for his legacy of service to the School.