05/10/2026
YOU DON’T HAVE TO KNOW EVERYTHING BEFORE YOU START
In 1977, I joined Far East Bank and Trust Company as a young lawyer.
I was hired as an Assistant Manager in the Legal Department. It was a good position for someone my age, and I was grateful for the opportunity.
There was only one problem.
I knew practically nothing about banking.
I had no banking experience and almost no background in finance. Yet I was assigned to handle documentation and prepare legal opinions, with around seven or eight personnel working under me.
So I had two choices: worry about what I didn’t know—or start learning.
I started learning.
My boss was Atty. Hernan T. Villavecer, and I was fortunate to be surrounded by experienced people.
I went through previous legal opinions of the bank and its external lawyers. Whenever I encountered a problem, I would search for an earlier case involving a similar issue and study how the lawyers before me had approached it.
Then I discovered something in the bank’s library that became particularly useful.
It was a three-volume American reference on banking. Each volume must have been about three inches thick. 😊
Those books became my Bible.
I read and referred to them constantly.
Little by little, the unfamiliar became familiar.
I learned not only the legal side of banking but also how the bank actually operated. I got to know the people in the branches and in trust, treasury, accounting, business development and the other areas of the bank.
And every six months or so, I was fortunate to be promoted until I eventually became Senior Manager.
Looking back, there is a lesson there that I appreciate much more today:
You don’t have to know everything before you start.
Sometimes you have to start first—and then work hard enough to learn what the job requires of you.
But my Far East Bank years were not all work.
There was also basketball.
Our coach, Val Rosabal, was from Talisayan. Perhaps knowing that I was from Balingasag helped me get his attention. 😊
But any special treatment ended there.
Practice was at 5:00 in the morning, almost every day.
Far East Bank had a strong basketball tradition, and during our time we were able to retain the championship in the interbank league.
And then there were the friendships.
There were six of us who became particularly close:
Sonny Coloma, Joy Joy Escaño, Roger Antalan, Val Rosabal, Efren Bordador, and myself.
Friday evenings became our regular sessions. We took turns hosting.
Those were the days when there was a curfew from midnight until 4:00 in the morning. So once midnight came, nobody could simply leave.
We stayed overnight.
And we talked. 😊
Banking, economics, work, life, jokes—and probably many subjects that sounded much more intelligent at midnight than they really were. 😂
At four in the morning, when the curfew lifted, we could finally go home.
Those were simple but very fulfilling years.
I entered Far East Bank knowing almost nothing about banking.
I left with knowledge, experience, promotions, basketball memories, and friendships that became part of my life.
But perhaps the most useful lesson was this:
You don’t become good at something before you begin.
You become good because you begin—and then keep learning.
Read.
Ask questions.
Learn from people who know more than you do.
Make mistakes and correct them.
And tomorrow, try to know a little more than you knew yesterday.
Whether in law, banking, business, public service—or something completely new—the first requirement is not perfection.
Sometimes, you simply have to start.