History – Makati (Sports) Club, Inc

History


History

The Makati Sports Club is the first proprietary non-stock, non-profit, sports and social Club in the Philippines. It was conceived, organized and developed by the Ayala Investment and Development Corporation (AIDC) – the investment house of the Ayala Group of Companies in 1975-1976 under the presidency of Mr. Jovencio F. Cinco.

The Makati Sports Club was incorporated on June 6, 1975 as stated in the original Articles of Incorporation.

AIDC decided to establish and organize the Makati Sports Club when it failed to win the award for the development of the Elks Club (now Metropolitan Club) into a proprietary sports and social Club. On the very day in 1975 that AIDC failed to win the award for the development of Elks Club, Mr. Jovencio Cinco, then President of AIDC, wrote a short memo to Mr. Enrique Zobel, then President and Chief Executive Officer of Ayala Group of Companies, recommending the establishment of a sports and social Club on a 1.3 hectare lot in Salcedo Village, Makati. In less than an hour, the memo with the approval of Mr. Zobel was back on the desk of Mr. Jovencio Cinco. Thus, the Makati Sports Club was born.