Teresita Sy-Coson Explained

Teresita Sy-Coson 施蒂絲
Birth Name:Teresita Tan Sy
Birth Place:Plaridel, Bulacan, Philippines
Alma Mater:Immaculate Conception Academy–Greenhills
Assumption College San Lorenzo
Occupation:Vice Chairperson - SM Investments Corporation
Chairwoman - BDO Unibank
Years Active:1977
Spouse:Louis Coson (d. 2003)
Children:3
Parents:Henry Sy (d. 2019)

Teresita Tan Sy-Coson (born October 1950) is a Filipina businesswoman, the daughter of Henry Sy. The vice chairwoman of SM Investments Corporation (SMIC)—one of the Philippines' largest publicly-traded holding companies with interests in retail, banking, property and portfolio investments, She is also the chairwoman of BDO Unibank, Inc. (BDO), the Philippines' largest bank in terms of total resources, capital, loans, total deposits, and assets-under-management as of the end of 2015.

Career

Apart from these two key positions, Sy-Coson also holds important board and management positions in various subsidiaries and affiliates of BDO and the SM Group. These include BDO Private Bank, Inc.; BDO Leasing and Finance, Inc.; BDO Capital & Investment Corporation; and BDO Foundation, Inc. For the SM Group side, she is an integral figure as adviser to the Board of SM Prime Holdings, Inc. She is also part of the three-member Philippine delegation to the ASEAN Business Advisory Council (ABAC), an organization formed in 2003 by the leaders of ASEAN to provide private sector feedback and guidance to boost the alliance's efforts towards economic integration.

Awards and recognition

Over the years, Sy-Coson has been a recipient of various awards in recognition of her leadership in the banking and retail sectors.

These recognitions include an Asia's Best CEO award and an Asian Corporate Director of the Year award, both from Corporate Governance Asia; being named 2012's Best Retail Banker of the Year by The Asian Banker; being listed in Fortune magazine's 50 Most Powerful Women in the World from 2001 to 2010;[1] being included in Forbes Asia's list of the 50 Power Business Women;[2] and being a recipient of the Philippine Retailers Association (PRA) President's Award in 2014.[3]

Personal life

She was married to a Filipino Chinese businessman Louis Coson, until his death in 2003.[4]

Notes and References

  1. Web site: 50 Most Powerful Women in Business 2010: The Global 50 - FORTUNE. archive.fortune.com. January 23, 2019.
  2. Web site: Terresita Sy-Coson 63 (Philippines). https://web.archive.org/web/20140303004056/http://www.forbes.com/pictures/fdgk45ggee/karen-agustiawan-55-indonesia/. dead. March 3, 2014. Forbes.com. January 23, 2019.
  3. Web site: March 21, 2014. Sy-Coson cited for 'vision'. January 13, 2021. Philippine Daily Inquirer. en.
  4. Web site: The Sky's the Limit for Teresita Sy-Coson.. Sunshine Lichauco De. Leon. Forbes. January 23, 2019.