Nicanor Icasiano y Reyes Sr. was the founder and first president of the Far Eastern University (FEU) in the City of Manila. Born to Carmen Baptista Reyes and Engr. Abelardo Icasiano, a maternal grandparent Francisco Bautista Reyes and Macaria Baptista-Reyes and also maternal great-grandparent Numeriano Somo Reyes and Apolonia Bautista-Reyes. Dr. Reyes envisioned a school that would promote the teaching of accounting to Filipinos, a profession formerly available only to foreigners. He wanted to prove that Filipinos were capable and trustworthy in handling the hundred of enterprises that would result with the coming of the independence of the country.
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