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Lucio Co: Adopted son and honorary mayor of Bacolod

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• CHRYSEE G. SAMILLANO

Business tycoon Lucio Co*

The Sangguning Panlungsod of Bacolod City will hold a special session for the conferment of business tycoon Lucio Co as Honorary Mayor and Adopted Son of Bacolod at 10 a.m. today at the SP Session Hall of the Bacolod City Government Center.

Lucio Co is the driving force propelling diverse business sectors to unparalleled heights, and notably, his impact resonates as the current chairman of the Board of Directors for Cosco Capital Inc. and the Keepers Holdings Inc.

Additionally, he also holds the position as Director of Puregold Price Club, Inc. and Philippine Bank of Communications, all of which are listed on the Philippine Stock Exchange (PSE). 

His story is rooted from humble beginnings that transcended into significant business milestones.

Expanding his entrepreneurial footprint, his vision recognizes the importance of accessibility, ensuring that quality goods and services are within reach, making it inclusive to every Filipino.

But his legacy doesn’t end there. It extends to the heart of his business – its people.

Through his tireless efforts, he gave countless opportunities to thousands of Filipino workers, providing a source of livelihood for families, and a means for individuals to realize their potential.

This is evident with the private companies where he is the chairman of the Board of Directors, namely, Puregold Finance, Inc., Puregold Realty Leasing & Management, Inc., Clean Green Energy Corporation, Grass Gold Renewable Energy (G2REC) Corporation, Forbes Corporation, Pamana Water Corporation among many others.

Co has been an entrepreneur for the past 50 years and has received distinguished awards. To name a few, he was given the Patron of Micro-Retail Entrepreneurship awarded by The Philippine Retailers Association in 2016, Gawad Lakan ng Kalakalan (Business Leader Award) conferred by the Employers Confederation of the Philippines in 2014, Most Outstanding Manilan – Recognition from the City Government of Manila in 2012.

And for the people of Bacolod City, Co’s pivotal role as the chairman of S&R Membership Shopping will significantly impact Bacolod City’s economic growth and development as it opens its doors to the public this year. It will be a cornerstone of the city’s investments, positively influencing the lives of its residents.

Furthermore, his continued commitment is evident through his current role as chairman of the Board of Bacolod Real Estate Development Corporation (BREDCO), specifically in  the development of the port of Bacolod City. With this, Mayor Albee Benitez and the Bacolod Sangguniang Panlungsod acknowledges his exemplary endeavors and contribution, marking his esteemed status as an adopted son and conferring upon him the honorary title of mayor of Bacolod City.

Truly, his commitment to social responsibility reflects a leader who embodies the values of determination, and an unwavering pursuit of excellence. Through philanthropy, community development, and social initiatives, he exemplifies the heart and soul of a true corporate steward.

Co is married to Susan P. Co. They have four children, namely Ferdinand Vincent, Pamela Justin, Camille Clarisse, and Katrina Marie.*

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