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President's Corner
Augusto “Gus” Cosio Jr_edited.jpg
Augusto M. Cosio Jr.

President & CEO

He is known as “Gus” among friends and social media followers.


Until june this year, he was President of First Metro Asset Management Inc. (FAMI) which is manages mutual funds with total assets under management of around 11 billion pesos. He assumed this position in September 2009.  He has been a member of the First Metro Investment Corporation Investment (FMIC) committee since 2006. In FMIC, he held the position of Vice President from September 2006 to September 2009.


Gus has had extensive experience in investments and the capital markets both locally and internationally.  He served as consultant to the Mutual Fund Company of the Philippines (Kabuhayan Fund) from 2005 to 2006 and with the GSIS Mutual Fund (Kinabukasan Fund) from 2002 to 2003.  He was Vice President at Bank Austria Private Banking in Hong Kong from 2000 to 2001 managing portfolios for private clients.  


Gus was previously, President of PNB Securities Inc. (1997 to 2000) and a member of the board of the Philippine Stock Exchange (1999-2000).  He also served as Senior Vice President of Security Bank Corporation and SB Capital from 1994 to 1996.


Gus had been an international capital markets practitioner from 1977 to 1994 having been worked with Banque Nationale de Paris (1977 to 1981) and Banque Paribas (1984 to 1994), the predecessors of the present BNP Paribas.  Gus worked in Hong Kong and Singapore for the Paribas capital markets group and in the Manila Off-shore Branch of Banque Nationale de Paris.  Gus was fortunate to have operated in the major financial centers of Tokyo, Paris, London and New York as a capital market practitioner with this global bank.


Outside his career in finance and investments, he had organized a BPO start-up in 2004 – Trec Global whose investors were New York, USA based  – which now boasts of  600 BPO employees.


In his spare time, he volunteers as a resource speaker for fixed income courses at the Ateneo Center for Continuing Education and the University of Asia and the Pacific as well as for the Certified Securities Specialist Program of the Philippine Stock Exchange.  Investment and financial literacy is his personal advocacy. 


He pursued the course of AB Social Science at the University of the Philippines finishing in 1974.  He received further training in international capital markets through seminars and courses conducted by BNP and Banque Paribas in London, Paris, Tokyo in New York during his employment with these firms.


Gus is widely followed by Filipino a few thousand investment enthusiasts through social media.

President's Advocacy




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President's Advocacy
President's Message

President's Report 2019

June 17, 2019

Today, I feel honored to deliver the President’s Report on my first ever Annual Stockholder’s Meeting with MRC Allied. As I look back and reflect in the last 7 months of being with the company, I want to thank the Management Team for welcoming me into the company. They made the transition easy for me and were readily available to provide all the necessary information as I came onboard.

June 17, 2018

As we look back and reflect on the events of last year, we feel a sense of great pride to see the significant transformation and positive changes our company went through.

Indeed 2017 was a year of challenges and successes for us. But the increasing support that we receive from everyone is enough reason for us to work harder this year. Again, we thank you for the trust and confidence you have shown to our team.

October 02, 2017

Today is an important day for all of us at MRC since we will be officially joining the 50MW Solar Project of SEPALCO.

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