Jaime C. Laya
Laya in 2019.
1st Minister of Budget and Management
In office June 12, 1978 – January 12, 1981
President	Ferdinand Marcos
Prime Minister	Cesar Virata
Preceded by	Position created
Succeeded by	Manuel Alba
5th Governor of the Central Bank of the Philippines
In office January 16, 1981 – January 18, 1984
President	Ferdinand Marcos
Preceded by	Gregorio Licaros
Succeeded by	Jose B. Fernandez Jr.
1st Action Officer of the Intramuros Administration
In office April 10, 1979 – April 16, 1986
President	Ferdinand Marcos Corazon Aquino
Preceded by	Position created
Succeeded by	Eustacio Orobia (as Administrator of the Intramuros Administration)
24th Minister of Education, Culture and Sports
In office January 18, 1984 – February 25, 1986
President	Ferdinand Marcos
Prime Minister	Cesar Virata
Preceded by	Onofre Corpuz
Succeeded by	Lourdes Quisumbing (as Secretary of Education, Culture and Sports)
Chairman of the National Commission for Culture and the Arts
In office 1996–2001
President	Fidel Ramos Joseph Estrada Gloria Macapagal Arroyo
Mambabatas Pambansa (Assemblyman) from the Minister of Budget and Management
In office June 12, 1978 – January 12, 1981
Preceded by	Position created
Succeeded by	Manuel Alba
Personal details
Born	Jaime del Carmen Laya (1939-01-08) January 8, 1939 Manila, Philippines
Political party	Independent (1981–present)
Other political affiliations	KBL (1978–1981)
Spouse	Alicia S. Laya (d. 1991)
Residence(s)	Manila, Metro Manila
Alma mater	University of the Philippines Diliman (BBA) Georgia Institute of Technology (M.A. Indus. Management) Stanford Graduate School of Business (Ph.D. Finance)
Occupation	Cultural administrator
Profession	Banker Accountant

Jaime del Carmen Laya, better known as Jimmy Laya (born January 8, 1939) is a Filipino banker, accountant, and cultural administrator who served as the first Secretary of the Department of Budget and Management (as Minister of Budget) of the Republic of the Philippines, serving from 1978 to 1981. He was also the 5th governor of the Central Bank of the Philippines from 1981 to 1984 and later served as the Minister of Education, Culture and Sports from 1984 until 1986. His terms in civil service, covered two significant points in Philippine history, the election that made former President Ferdinand Marcos have his third term and the assassination of the late Senator Benigno S. Aquino Jr. that stimulated the People Power Revolution of 1986.

In between his political appointments to key government departments during the Marcos dictatorship, Laya also served as the first Action Officer of the Intramuros Administration. Later on, his work in cultural administration continued upon his appointment as Chairman of the National Commission for Culture and the Arts (NCCA) from 1996 until 2001.^[1]

He also served as the Dean of the College of Business Administration, now the Cesar E.A. Virata School of Business, of the University of the Philippines Diliman.

Personal life and education

Born to Juan Cabreros Laya, noted author and Silvina del Carmen, an educator who were the founders of the Philippine publishing house, Kayumanggi Press. In 1957, Laya graduated magna cum laude with a degree in business administration from the University of the Philippines Diliman. Later, he took up a master's degree in industrial management from the Georgia Institute of Technology. He did his graduate studies in finance at the Stanford Graduate School of Business of Stanford University from which he graduated with a doctoral degree in 1965. He was married to Alicia Laya, who later died during the 1990 earthquake in Baguio.

Professional career

Laya started off teaching accounting, economics, and management courses at UP after his graduation in 1957. At the age of 18, he placed eighth in the 1957 CPA examination. Laya served numerous positions in different government agencies. He rose to the rank of professor of accounting and director of graduate studies at the University of the Philippines Diliman College of Business Administration (present-day the Cesar E.A. Virata School of Business) and subsequently became its dean from 1968 to 1975, succeeding Cesar E.A. Virata who later served as Prime Minister during the Marcos dictatorship.

Bibliography

Books and Publications

• Intramuros of Memory (1983) (co-authored with Esperanza B. Gatbonton)
• Larawan: Immortality and Identity in Filipino Portraiture (1988) (co-authored with Luciano P.R. Santiago and Regalado Trota Jose)
• And Life Goes On: Memoirs of Purita Kalaw-Ledesma (1994) (co-authored with Purita Kalaw Ledesma) (as annotator)
• Prusisyon: Philippine Religious Pageantry (1996) (co-authored with Lulu Tesoro Castañeda)
• Letras y Figuras: Business in Culture, Culture in Business (2001)
• Philippine Cultural and Artistic Landmarks of the Past Millennium (2001) (as editor)
• Consuming Passions: Philippine Collectibles (2003) (as editor)
• Tanáw: Perspectives on the Bangko Sentral ng Pilipinas Painting Collection (2005) (co-authored with Cid Reyes, Alice Guillermo, Ma. Victoria Herrera, Fatima J. Lasay and edited by Ramon E.S. Lerma)
• Potlock Hidalgo Bonding: A Family Heritage Cookbook (2006) (co-edited with Adelaida Lim)
• Herencia - A Legacy of Art and Progress: The Bank of the Philippine Islands Collection (2008) (co-authored with Cid Reyes, Alice Guillermo, Ma. Victoria Herrera, Nicanor G. Tiongson and edited by Ramon N. Villegas)
• Hidden Treasures: Simple Pleasures (2008) (co-authored with Mariano C. Lao and Edilberto B. Bravo)
• Santa Ana Church: A Historical Guide (2008)
• Wala Lang: 500-Word Articles on Philippine Life & Culture (2012)
• Philippine Heritage Homes: A Guidebook (2014) (co-authored with Martin I. Tinio, Jr. and Ma. Cristina V. Turalba)
• Wala Lang II: 500-Word Articles on Philippine Life & Culture (2015)
• Wala Lang III: 500-Word Articles on Philippine Life & Culture (2018)
• In Dialogue: The Economic Managers of the Marcos Administration (2020) (co-authored with Placido L. Mapa, Jr., Estelito P. Mendoza, Vicente T. Paterno, Gerardo P. Sicat and Cesar E.A. Virata)
• The Art and Times of the Seventies (2020) (co-authored with Corazon S. Alvina, Augusto M.R. Gonzalez III, Lisa Guerrero Nakpil and Marian Pastor Roces)
• Wala Lang IV: Articles on Philippine Life & Culture (2021)

References