Teresita Sy-Coson

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Name
Teresita Sy-Coson
Net Worth
2.3 Billion USD
Birth Date
1 October 1950
Age
74
Country
Philippines
City
Manila
Business
Diversified

Teresita Sy-Coson, a prominent billionaire from the Philippines, is recognized for her influential role in the country's business sector, particularly in retail and finance. She serves as the Vice Chairperson of SM Investments Corporation (SMIC), one of the largest conglomerates in the Philippines with interests in retail, banking, property development, and hospitality.

Under Sy-Coson's leadership at SMIC, the company has expanded its footprint across various industries, notably through its retail arm, SM Retail, which operates a diverse portfolio of stores including SM Department Stores, SM Supermarkets, and specialty stores. SM Retail is a cornerstone of the Philippines' retail landscape, catering to millions of consumers nationwide.

In addition to retail, Teresita Sy-Coson oversees SMIC's banking and financial services division through BDO Unibank, Inc., the largest bank in the Philippines by assets. BDO offers a comprehensive range of banking services to individual, corporate, and institutional clients, contributing significantly to the country's financial sector.

Sy-Coson's entrepreneurial journey began within her family's business empire, founded by her father, Henry Sy Sr., who pioneered the development of SM Investments Corporation. She has played a pivotal role in steering the conglomerate's growth and diversification strategies, adapting to market trends and expanding into new business ventures.

Beyond business success, Teresita Sy-Coson is actively involved in philanthropy and corporate social responsibility initiatives. She supports programs in education, healthcare, and community development, aiming to uplift disadvantaged communities and promote sustainable development in the Philippines.

Teresita Sy-Coson's leadership, business acumen, and commitment to social responsibility have earned her recognition as one of the most influential businesswomen in the Philippines. Her strategic vision continues to shape SMIC's legacy and influence in the country's economic landscape, driving growth and fostering inclusive prosperity.

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