Palawan Group of Companies Strengthens Support to UP Fighting Maroons

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September 11, 2024

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Palawan Group of Companies reinforces its unwavering commitment to the UP Fighting Maroons by continually renewing its collaboration. In addition to the UP Men’s Basketball Team, the company also supports the UP Junior’s Basketball Team and the Women’s Basketball Team, underscoring its dedication to fostering athletic growth across all levels.

As the country’s leading and most trusted pawnshop and remittance company, Palawan Group continues to champion its mission of giving back to the community through education and sports development. Committed to promoting sports excellence, the company has been an ardent supporter of various sports programs, including tennis, running, and basketball.

The contract signing was graced by Palawan Group of Companies executives, including Lilian Castro-Selda, Vice Chairman and Chief Financial Officer; Korina Castro-Fernando, Chief Human Resources Officer; and Angelita Castro, Deputy Chairman. Joining them were representatives from the UP sports community, such as Jed Eva, Chairman of nowhere to go but UP; Bo Perasol, Director of the UP Office for Athletics and Sports Development (OASD); Goldwin Monteverde, Head Coach of the UP Men’s Basketball Team; and Paul Ramos, Coach of the UP Women’s Basketball Team. The event was also honored by the presence of Angelo Jimenez, UP President.

“As we celebrate our fifth year with the UP Men’s Basketball Team and expand our support to the Junior and Women’s Teams, this partnership reflects our shared roots and strong bond with the UP community and our Alma Mater. The resilience, perseverance, and pursuit of excellence that define UP are the same values that drive Palawan Group. Like the Fighting Maroons, we've faced challenges, grown stronger, and stayed true to our mission as we continue to strive to better serve our customers,” said Lilian Castro-Selda, Vice Chairman and Chief Financial Officer of Palawan Group of Companies.

“Palawan Group of Companies has been more than just a sponsor; they've been a true partner in our journey. Their support over the years has been invaluable, both on and off the court. Their unwavering commitment has elevated our program and played a crucial role in our growth and success. As we move forward, we’re grateful to have a dedicated partner who shares our passion for excellence and our commitment to making a difference in the world of sports,” said Bo Perasol, OASD Director. 

The Memorandum of Agreement (MOA) signing event also served as a send-off dinner for the UP Men’s Basketball Team as they gear up for UAAP Season 87. It was a night of fellowship, bringing together basketball team members, coaches, UP officers, and Palawan Group of Companies executives in a celebration of shared goals and renewed commitments.

This partnership renewal not only reinforces Palawan Group of Companies' commitment to the UP Fighting Maroons but also highlights the company's broader mission of supporting community development through sports. As the teams gear up for the upcoming season, Palawan Group of Companies remains steadfast in its support, dedicated to their journey toward success and excellence.

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