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GSIS partners anew with National Museum to manage art collection

Date Posted: February 28, 2018

State pension fund Government Service Insurance System (GSIS) renewed its partnership with the National Museum of the Philippines after signing on Friday, a memorandum of agreement that will manage its art collection for three more years, from 2018 to 2021. This developed after the five-year (2012-2017) earlier agreement of the two institutions ended last October 2017.

Under the agreement, the National Museum will continue to manage, preserve, maintain, secure, promote, and display for public viewing the 91 artworks of Filipino masters owned by GSIS.

Among the artworks entrusted to the National Museum are the famous Parisian Life of Juan Luna and the masterpieces of National Artists Fernando C. Amorsolo, Carlos “Botong” Francisco, Vicente S. Manansala, Hernando R. Ocampo, Ang Kiukok, Bencab, and Federico Aguilar y Alcuaz.

“GSIS once again thanks the board and management of the National Museum for providing a home to our art collection for another three years that will allow the wider public to continue viewing and enjoying them,” GSIS President and General Manager Jesus Clint O. Aranas said.

Considered as part of GSIS’s assets, the art collection is estimated to be worth close to half a billion pesos. The Parisian Life alone, originally purchased by GSIS for Php48 million in 2002, is valued at Php250 million based on appraisal done in 2015.

The National Museum is the principal cultural institution of the state, which leads the study and preservation of the nation’s rich artistic and cultural legacy and in the dissemination of knowledge of Filipino cultural and historical heritage.

For his part, Director Jeremy Barns of the National Museum expressed gratitude for GSIS’s, “trust, confidence, and partnership” that will ultimately lead to the promotion of appreciation and awareness of the great Filipino Art.

The public may view the collection for free from Tuesday to Sunday from 10:00 a.m. to 5:00 p.m. at The GSIS Wing of Modern Art, located at the third floor of the National Museum along P. Burgos Drive, Rizal Park, Manila.

The signing coincided with the commemoration of the National Arts Month and the launch of the 14th GSIS National Art Competition for local and emerging artists, one of the pillars of the pension fund’s corporate social responsibility programs.

Aranas also mentioned that GSIS is set to renovate its own museum soon, which has not seen the light of renovation since 1996.