19 Facts About Ricky Vargas

Victorico "Ricky" P Vargas was born on February 24,1952 and is a Filipino executive who served as the 10th President of the Philippine Olympic Committee from March 5,2018, after winning over Jose Cojuangco Jr.

At PLDT, Vargas is currently served as the Head of the company's Business Transformation Group.

Ricky Vargas studied at Ateneo de Manila University and the University of Santo Tomas.

Ricky Vargas is a holder of a bachelor's degree in psychology.

Ricky Vargas served as the Philippine Basketball Association chairman of the board of governors since 2017 representing TNT KaTropa as its team governor, and the president of Association of Boxing Alliances in the Philippines, the NSA for Boxing in the Philippines.

Ricky Vargas is the former Vice Chairman of the Samahang Basketbol ng Pilipinas until 2016.

Ricky Vargas first attempted to run for the position of Philippine Olympic Committee President in 2016, challenging then incumbent president, Jose "Peping" Cojuangco Jr.

Ricky Vargas attempted to have the November 2016 elections postponed by the Pasig Regional Trial Court to allow for dialogue between his camp and Cojuangco's but failed.

Ricky Vargas officially began his term on March 5,2018, when he took his oath before Philippine President Rodrigo Duterte in the Malacanang Palace.

The first board meeting under Ricky Vargas' tenure was held the day after where his predecessor turned over the POC flag to Ricky Vargas.

Ricky Vargas had to work with a POC board, which is a holdover from his predecessor's administration and had to face issues such as continued unsettled leadership disputes within numerous member National Sports Associations, status of some the POC's members, and reform of the POC By-Laws and Constitution.

Ricky Vargas became one of the key figures behind the organization of the 2019 Southeast Asian Games.

Ricky Vargas has expressed preference to have Tolentino's presence in board meetings noting his experience as a politician.

Ricky Vargas's predecessor, Peping Cojuangco is often associated with such but has said he is not interested of the presidency and has expressed support for his administration.

The International Olympic Committee has urged Ricky Vargas to meet with the board to address the issues raised against him.

Ricky Vargas convened a meeting with the board on June 18,2019 where he filed his resignation as president.

Ricky Vargas was succeeded by First Vice President Joey Romasanta.

Ricky Vargas was named part of the board for Asian Boxing in December 2024, an organization meant to supplant the Asian Boxing Confederation.

Ricky Vargas is the grandson of Jorge B Vargas, who served as president of POC's predecessor, Philippine Amateur Athletic Federation.