The Philippine Stock Exchange (PSE) Board recently honored Mr. Irving I. Ackerman at a luncheon prior to its regular meeting at the Ayala Boardroom. Mr. Ackerman was cited for his contributions to the development and growth of the Exchange. He is among the founding fathers of the Makati Stock Exchange and also served as Governor of the PSE from 1995 to 1996. Mr. Ackerman’s advocacy to protect investors found fruition in the Securities Investors Protection Fund which was created in 1979. Present during the lunch were (standing, left to right) Atty. Roy M. Rafols, PSE senior vice president and chief operating officer; PSE Directors Jose Luis S. Javier; William L. Ang; Ismael G. Cruz; Omelita J. Tiangco; Roberto A. Atendido; Alejandro T. Yu, also the PSE treasurer; and Cornelio T. Peralta. Seated at the front row were (left to right) Justice Jose C. Vitug, PSE chairman; David Ackerman, son of Mr. Ackerman; Mr. Ackerman; Mrs. Maria Luisa Ackerman; and Atty. Francis Ed. Lim, PSE president and chief executive officer.