When Dr. Picazo was elected President, the first manual of procedures, rules and regulations, souvenir programs and the first issue of the Philippine Journal of Gastroenterology was published. After being launched in 1972, the first Agustin Liboro Memorial Lecture was held with no other than Marvin Sleizenger as guest lecturer. It was also during this time that the first five diplomats of the society were inducted. They were:
Venancio I. Gloria, M.D.
Remigio M. Olveda, M.D.
Judy Y. Lao-Tan, M.D.
Evelyn B. Dy, M.D.
Daniel M. Parungao, M.D.
In 1983, the society lost one of its pillars as Dr. Francisco Roman joined his creator.