Joseph Sigelman

Joseph Sigelman (born February 6, 1971)[1] is an American businessman. He is a co-founder of AG&P Group and ex-CEO of OfficeTiger.[2][3][4]

Joseph Sigelman
Born (1971-02-06) February 6, 1971
New York City, United States
NationalityAmerican, Phillipino
Alma materPrinceton University (BA)
Harvard Business School (MBA)
Years active1999–present
Children2
Websitewww.joesigelman.com

Early life and education

Joseph Sigelman was born on February 6, 1971, in New York City in the United States.[1][5] He is a graduate of Princeton University's Woodrow Wilson School of Public and International Affairs, and he went on to receive his MBA from Harvard Business School, during which time he worked as a summer intern at Goldman Sachs in London.[6][7] Sigelman is married and has two children, who were both born in the Philippines.[8]

Career

Sigelman started his career in investment banking with Lazard Frères & Co. and later worked in private equity at the London Offices of Goldman Sachs, where he had summer interned during his studies. In 1999, he along with friend and business partner Randy Altschuler who was his classmate at Princeton University, started their first business called OfficeTiger.[9]

Early career

In 2004, the company had over 2,000 employees and operated in both the US and the UK.[3] In 2006 the company was arguably one of the first businesses worldwide to enter the business process outsourcing space in India and closed a US$250 million cash sale to RR Donnelley & Sons.[10]

Sigelman further expanded the business operations, with the opening of a new company PetroTiger Ltd, a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey.[11]

In 2010, Joseph (Joe) Sigelman led his team in acquiring the Manila-based construction firm Atlantic Gulf & Pacific (AG&P), growing it into a leading engineering and construction multinational focused on modularisation of hydrocarbon, mining, power and civil facilities. But as early as 2013, he was already formulating plans for the biggest transformation in the 122-year-old company’s history. AG&P had an impressive track record having built the country’s first steel bridge and the Philippines capital’s water and sewerage system, but New York-born Joe saw enormous potential in an entirely different market.[12]

Joe started his career with Lazard Frères & Co. in New York in investment banking and later worked in private equity with Goldman Sachs in London before starting his first business called OfficeTiger – one of the first and largest BPOs based in India. OfficeTiger grew to several thousand employees across multiple countries before being sold to RR Donnelley for $250 million. OfficeTiger offered services to large corporate clients in the U.S., focusing mainly on information origination, transaction processing, financial management, research and analytics, pre-media, and strategic sourcing solutions.

Joe graduated with honors from Princeton University’s Woodrow Wilson School of Public and International Affairs and received his MBA from Harvard Business School. During his career he received many awards for his achievements, including the “World Economic Forum Young Global Leader” award, “Business Week Star of Asia” and “Asia CEO Expat Executive of the Year”. Joe is a life member of the Council on Foreign Relations, an independent organization dedicated to being a resource for U.S. national and foreign policy.[13]

Atlantic Gulf & Pacific

In 2010, along with a group of shareholders, Sigelman led the acquisition of Philippines-based business, Atlantic Gulf & Pacific (AG&P Group).[3] AG&P is a major construction and engineering company based in the Philippines which was acquired in 2010 and reoriented to be an LNG import, and distribution company.[14][15]

Since the acquisition of AG&P in 2010, Sigelman has led the growth of over US$300 million in equity infusions and the expansion of the company across the Asia Pacific region, including the acquisition of Korean gas giant, Gas Entec.[4][16]

Sigelman was a World Economic Forum Young Global Leader, a Businessweek Star of Asia, and Asia CEO Expat Executive of the Year. Sigelman is a life member of the Council on Foreign Relations.[17]

References
  1. "house of - AWS" (PDF).
  2. "CNN.com - Transcripts". transcripts.cnn.com. Retrieved June 2, 2022.
  3. Kuan, Judy S. (2004). Offshore Business Sourcing Special Report on Law & Strategy. WorldTrade Executive, Inc. ISBN 978-1-893323-65-0.
  4. "Joseph Sigelman – AG&P Global". Retrieved June 2, 2022.
  5. "2 businessmen to become Filipinos by legislative action". Manila Bulletin. Retrieved June 2, 2022.
  6. Dumlao, Doris C. (August 11, 2012). "American entrepreneur bets big on PH". INQUIRER.net. Retrieved June 2, 2022.
  7. "OfficeTiger: An amazing success story". www.rediff.com. Retrieved June 2, 2022.
  8. "Committee on Justice Report" (PDF). Congress of the Republic of the Philippines. 7723 (515). 21 September 2020. Retrieved 20 December 2022.
  9. S.A.S, Editorial La República. "Exjefe de PetroTiger, Joseph Sigelman, acusado de soborno". Diario La República (in Spanish). Retrieved June 2, 2022.
  10. Warrier, Shobha (2006-09-14). "OfficeTiger: An amazing success story". Rediff News. Retrieved 2022-06-02.{{cite web}}: CS1 maint: uses authors parameter (link)
  11. "Summum Corp (PetroTiger) Business Profile". British International Investment Group. Retrieved 2023-01-15.
  12. "Revolutionising gas: Joseph Sigelman". The CEO Magazine. Retrieved 2023-04-06.
  13. "Joseph Sigelman". Joseph Sigelman. Retrieved 2023-04-06.
  14. "Who We Are". AG&P Global. Retrieved 2023-01-15.
  15. "Atlantic Gulf & Pacific Co Of Manila Inc Profile". Bloomberg. Retrieved 2023-01-15.
  16. Merrill, Paul (17 June 2022). "Revolutionising gas: Joseph Sigelman". CEO. Retrieved 27 June 2022.
  17. "Fellows". World Economic Forum Organisation. Retrieved 2023-01-10.


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