The dusky cager from Zamboanga was the scoring ace of the Eagles who thrilled the NCAA crowd in the years 1947 to 1951.

After his playing years, Lorenzo became manager of Del Monte Packing Corporation plantation in Bukidnon from 1964 to 1970.

Later on, he was also part of the Philippine national basketball team that won the gold medal at the 1951 Asian Games.

The Moro Lorenzo Sports Center inside the Ateneo de Manila University is named after him.

His son, Luis P. Lorenzo Jr., is an influential Filipino businessman and politician, having served as Secretary of Agriculture and a presidential advisor.