(UPDATE) MANILA, Philippines — Former Philippine prime minister Cesar E.A. Virata, a longtime director and corporate vice chairman of Rizal Commercial Banking Corp. (RCBC), died Friday at age 95.
RCBC announced Virata’s death in a disclosure to the stock exchange, saying he passed away on Oct. 2, 2026.
Virata had been a director of RCBC since 1995 and served as the bank’s Corporate Vice Chairperson for 26 years.
Under the administration of then president Ferdinand Marcos, Virata was the country’s finance minister from 1970 to 1986 and was the prime minister, serving from July 28, 1981 to Feb. 25, 1986, before the position was abolished a month later, following the EDSA People Power Revolution.
