Dr. George S. K. Ty, founder of Metropolitan Bank and Trust Company (Metrobank), has passed away due to a long battle with pancreatic cancer.
Metrobank announced the news with this statement, “It is with deep sadness that we announce the peaceful passing of our beloved Founder and Group Chairman. He was surrounded by family and loved ones at the time.”
At the time of his passing, Ty was the ninth richest man in the Philippines. He was also the Chairman Emeritus of GT Capital Holdings, Inc.
He is survived by his five children.
(Image from metrobank.com.ph)