| Honorific-Prefix: | The Honorable |
| Margot Osmeña | |
| Office1: | Mayor of Cebu City Acting |
| 1Namedata1: | Lea Ouano Japson |
| Term Start1: | May 17, 2016 |
| Term End1: | June 30, 2016 |
| Predecessor1: | Michael Rama |
| Successor1: | Tomas Osmeña |
| Office2: | Member of the Cebu City Council from the 2nd district |
| Term Start2: | June 30, 2010 |
| Term End2: | May 17, 2016 |
| Term Start3: | June 30, 2016 |
| Term End3: | June 30, 2019 |
| Birth Name: | Margarita Lim Vargas |
| Birth Date: | July 25, 1949 |
| Birth Place: | Tokyo, Japan |
| Party: |
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| Otherparty: | Liberal (2010–2019) |
| Occupation: | Politician |
| Profession: | Banker |
| Children: | Ramon Miguel Osmeña |
Margarita "Margot" Lim Vargas Osmeña (born July 25, 1949)[1] is a Filipino politician who served as a member of the Cebu City Council from 2010 to 2019. She is married to former mayor of Cebu City Tomas Osmeña.
A member of the Vargas Clan of Panay and Negros islands, Osmeña was born in Japan and lived there for one and a half years.[2] [3] [4] She grew up in Manila, where she finished her studies, then moved to the United States where she stayed for eight years. She worked as a banker in both the Philippines and the United States. In 1983, she married Tomas Osmeña, son of former senator Sergio Osmeña Jr. and grandson of former president Sergio Osmeña, and eventually settled in Cebu in 1983.[4]
She first ran as a city councilor in the 2010 elections when her husband was term-limited as mayor, and went on to serve for three consecutive terms until 2019.[4] Osmeña also briefly served as acting mayor from May 17, 2016 to June 30, 2016 with the suspension of then mayor Michael Rama.[5]
Osmeña ran for the position of mayor of Cebu City in the 2022 elections but lost to then sitting Mayor Michael Rama.[6] [7]
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