San Miguel Corporation (SMC) Chairman and CEO Ramon Ang on Thursday rejected speculation that he is being eyed as a possible “consensus caretaker” amid growing instability surrounding the administration of President Bongbong Marcos.
“Let me put things to rest: I am not entering politics,” Ang said, addressing reports that his name had circulated among business groups as a potential stabilizing figure should a political crisis deepen.
Ang said he understood the public’s desire for solutions during a period of overlapping national problems, but stressed that recovery cannot depend on one person.
“Our country is facing many challenges… But moving forward will never depend on one individual. It will take government, private sector, and the public all moving in the same direction,” he said.
He emphasized that his role remains in business and nation-building.
“Most people know me as someone who works quietly in business… That is where I believe I can contribute the most, and that is where I intend to stay,” he added.
Reports have surfaced of discussions among influential business groups about a possible military-assisted interim “reset” to stabilize governance, investor confidence, and the transition to the next elections.
The talk comes as the administration grapples with corruption allegations involving flood-control projects, slowing economic growth at 4%, and intensifying public unrest.
Large anti-corruption protests in September and November have demanded accountability, with some groups calling for Marcos’ resignation and for the AFP to withdraw support. Another nationwide demonstration is set for November 30, coinciding with Bonifacio Day.