MEGAWORLD President Lourdes Gutierrez-Alfonso was named one of Fortune magazine’s 100 Most Powerful Women in Asia.
Ranked 85th on the list, Gutierrez-Alfonso joins six other Filipino women in Fortune’s new list, which was released on Tuesday.
“Founded in 1989, Megaworld is the Philippines’ largest office developer. Lourdes T. Gutierrez-Alfonso, the developer’s president, has been at the firm for almost as long as Megaworld’s founder, Andrew Tan,” it said.
“Gutierrez-Alfonso joined Megaworld in 1990, six months after it was founded; she had served as its chief operating officer and also held the positions of director and chairman of the board before she replaced Tan when he stepped down this year.”
Megaworld, in a Facebook post, also pointed out their strides in women empowerment.
“Women empowerment is one of the key pillars of the Megaworld Group. Today, more than 50 percent of the company’s leaders are women,” the company wrote.
Martha Sazon, who runs Globe’s G-Cash, which secured strategic investments from Ayala Corp. and Mitsubishi UFJ Financial Group and became the country’s P5 billion unicorn, is the highest-ranked Filipino on the list at 38th.
“Martha has championed customer-centricity and has worked to transform GCash into a vital lifeline for many Filipinos. Under her leadership, GCash has revolutionized in earnest the country’s fintech sector, served as a driving force for financial inclusion, and empowered millions of users with easy access to digital financial services,” the Ayala-led company wrote on Facebook.
The five other Filipinos who made the list were Shell Pilipinas Corp. President and CEO Lorelie Quiambao Osial, Ayala Land President and CEO Anna Maria Margarita Bautista Dy, Robinsons Retail Holdings President and CEO Robina Gokongwei-Pe, Land Bank of the Philippines President and CEO Lynette Ortiz, and Filinvest Development President and CEO Rhoda Huang.
Luxshare Precision Industry Chairman and CEO Grace Wang from China topped the list, followed by Oversea-Chinese Banking Corp. group CEO Helen Wong of Singapore, Suntory Beverage and Food President and CEO Makiko Ono of Japan, then Macquarie Managing Director and CEO Shemara Wikramanayake of Australia, and Japan Airlines’ JAL Group CEO Mitsuko Tottori of Japan to round up the top 5.
Completing the top 10 are Huawei Deputy Chairman Meng Wanzhou of China, Hong Kong Exchanges and Clearing CEO Bonnie Chan, JD.com CEO and Executive Director Sandy Ran Xu of China, Pertamina President-Director-CEO Nicke Widyawati of Indonesia, and Yum China Holdings CEO Joey Wat of China.
This year’s Most Powerful Women in Asia list of Fortune had executives based in 11 countries. The list recognized women who are “redefining the concept of leadership by transforming companies, disrupting industries and driving growth, innovation and business excellence while inspiring their teams, peers, industries and the next generation of leaders.”
“Over half of the 100 executives are CEOs, 26 are chairmen, and 11 are chief financial officers. Thirteen executives lead national or regional divisions of multinational firms, including Fortune 500 companies such as Starbucks, McDonald’s and Nike. More than 10 percent of the women are entrepreneurs who founded the businesses they lead. Notably, 20 leaders are also recognized on the Most Powerful Women list — now a global ranking which was first published by Fortune 27 years ago in 1998,” Fortune said.
Be the first to comment