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Board of Directors

SM Prime’s Board of Directors is at the helm of its governance structure. It is the Board’s responsibility to ensure the achievement of the Company’s vision and mission in a manner that upholds the values of focus, hard work, innovation, integrity, teamwork and sustainability.

SM Prime's Revised Manual on Corporate Governance specifies the duties and responsibilities of the Board of Directors. To effectively discharge their function, members of the Board are given independent access to the Management and Corporate Secretary.

The Board plays a leading role in the establishment of the Company’s strategic framework, setting of the overall strategic direction and reviewing and monitoring of its progress at least on an annual basis. Through Enterprise Risk Management team’s annual strategic plan reporting, the Board reviews business units’ strategies and targets and monitors their progress towards achieving the Company’s strategic objectives. For more information about the Board of Directors, you may click here to view its Charter.

  • MR. HENRY SY, SR. is the Chairman Emeritus of the Board of Directors of SMPH. He was the Chairman of the Board of Directors of SMPH since 1994 until April 2014. He is the founder of the SM Group and is currently Chairman Emeritus of SM Investments Corporation (SMIC) and BDO Unibank, Inc. and Honorary Chairman of China Banking Corporation. He opened the first ShoeMart store in 1958 and has been at the forefront of SM Group’s diversification into the commercial centers, retail merchandising, financial services, and real estate development and tourism businesses. Mr. Sy earned his Associate of Arts Degree in Commerce Studies at Far Eastern University and was conferred an Honorary Doctorate in Business Management by De La Salle University. Read More

  • MR. HENRY T. SY, JR. has served as Director since 1994. He is responsible for the real estate acquisitions and development activities of the SM Group which include the identification, evaluation and negotiation for potential sites as well as the input of design ideas. At present, he is Vice Chairman of SMIC, Chairman and Chief Executive Officer of SM Development Corporation (SMDC), Chairman of Pico de Loro Beach and Country Club Inc., Chairman of Highlands Prime Inc., and President of The National Grid Corporation of the Philippines. He graduated with a management degree from De La Salle University. Read More

  • MR. JOSE L. CUISIA, JR. has served as Vice Chairman of the Board of Directors of SMPH since 1994. He was appointed Lead Independent Director in February 2017. From 2011 to 2016, he took his official diplomatic post as Ambassador Extraordinary and Plenipotentiary to the United States of America. He was the former President and Chief Executive Officer of the Philippine American Life and General Insurance Company from 1993 to 2009. Previously, he served as Governor of the Bangko Sentral ng Pilipinas from 1990 to 1993 and Administrator of the Social Security System from 1986 to 1990. He was also the former Chairman of the Board of Far East Bank and Trust Co. and Union Bank and President of Insular Bank of Asia & America. He graduated with a Bachelor’s Degree in Commerce, Major in Accounting and Bachelor of Arts, Major in Social Sciences from De La Salle University and took his MBA at the prestigious Wharton School of the University of Pennsylvania. He was awarded the “Joseph Wharton Award for Lifetime Achievement” by the prestigious Wharton Club of Washington, DC in May 2011, and was conferred the Lifetime Contributor Award (public sector) by the Asia CEO Forum in 2015 and the Order of the Sikatuna with the rank of Grand Cross by President Benigno Aquino III in 2016. Read More

  • MR. GREGORIO U. KILAYKO is the former Chairman of ABN Amro’s banking operations in the Philippines. He was the founding head of ING Baring’s stockbrokerage and investment banking business in the Philippines and a Philippine Stock Exchange Governor in 1996 and 2000. He was a director of the demutualized Philippine Stock Exchange in 2003. He took his MBA at the Wharton School of the University of Pennsylvania. He was elected as an Independent Director in 2008. Read More

  • MR. JOSELITO H. SIBAYAN has spent the past 29 years of his career in investment banking. From 1987 to 1994, and after taking his Master of Business Administration (MBA) from University of California in Los Angeles, he was Head of International Fixed Income Sales at Deutsche Bank in New York and later moved to Natwest Markets to set up its International Fixed Income and Derivatives Sales/Trading operation. He then moved to London in 1995 to run Natwest Market’s International Fixed Income Sales Team. He is currently the President and CEO of Mabuhay Capital Corporation (MC2), an independent financial advisory firm. Prior to forming MC2 in 2005, he was Vice Chairman, Investment Banking - Philippines and Country Manager for Credit Suisse First Boston (CSFB). He helped establish CSFB's Manila representative office in 1998, and later oversaw the transition of the office to branch status. He was elected as an Independent Director in 2011. Read More

  • MR. HANS T. SY is the Chairman of the Executive Committee of SM Prime and has been a Director since 1994. He previously held the position of President until September 2016. He has held key positions in businesses related to banking, real estate development, mall operations, as well as leisure and entertainment. In the SM Group, his other current positions include Adviser to the Board of SM Investments Corporation, Chairman of China Banking Corporation, and Chairman of National University. Mr. Sy is a B.S. Mechanical Engineering Graduate of De La Salle University. Read More

  • MR. HERBERT T. SY has served as Director since 1994. He is an Adviser to the Board of SMIC and is currently the Vice Chairman of Supervalue Inc., Super Shopping Market Inc. and Sanford Marketing Corporation and Director of China Banking Corporation. He also holds board positions in several companies within the SM Group. He has worked with SM Group Companies for more than 30 Years, engaged in food retailing, rubber manufacturing, car service and car accessories and banking. He is actively involved in the SM Group's Supermarket operations, which include acquisition, evaluation and negotiation for potential sites. He holds a Bachelor’s degree in management from De La Salle University. Read More

  • MR. JORGE T. MENDIOLA was elected as a Director in December 2012. He is currently the President of SM Retail, Inc. He started his career with The SM Store as a Special Assistant to the Senior Branch Manager in 1989 and rose to become the President in 2011. He is also the Vice Chairman for Advocacy of the Philippine Retailers Association. He received his Master in Business Management from the Asian Institute of Management and has an A.B. Economics degree from Ateneo de Manila University. Read More

  • MR. JEFFREY C. LIM assumed presidency of SM Prime starting October 2016 and is a member of its Executive Committee, as well as the President of SMDC. He was elected to the Board of Directors of SM Prime in April 2016. He is also a Director of Pico de Loro Beach and Country Club Inc. and holds various board and executive positions in other SMPH’s subsidiaries. He is a member of the Management Board of the Asia Pacific Real Estate Association. He is a Certified Public Accountant and holds a Bachelor of Science degree in Accounting from the University of the East. Prior to joining the Company in 1994, he worked for a multi-national company and SGV & Co. Read More

  • MS. TERESITA SY-COSON has served as an Adviser to the Board since May 2008. She was a Director from 1994 up to April 2008. She has worked with the Group for over 20 years and has varied experiences in retail merchandising, mall development and banking businesses. A graduate of  Assumption College, she was actively involved in ShoeMart’s development. At present, she is Chairperson of BDO Unibank, Inc. and Vice Chairperson of SMIC. She also holds board positions in several companies within the SM Group. She is the Philippine representative to the ASEAN Business Advisory Council. Read More

  • MS. ELIZABETH T. SY was elected as an Adviser to the Board in April 2012. She serves as a member of the Executive Committee and Trust Committee of the Board of Directors of BDO Private Bank, Inc. She is also the Chairperson and President of SM Hotels and Convention Corporation where she steers SM’s continuous growth in the tourism, leisure and hospitality industry. Ms. Sy likewise serves as Adviser to the Board of SM Investments Corporation and Co-Chairperson of Pico De Loro Beach and Country Club. She graduated with a degree in Business Administration from Maryknoll College. Read More