SM Investments Corp
Alfredo E. Pascual is the Lead Independent Director of SMIC. He was the President and CEO of the Institute of Corporate Directors (ICD) in 2018 and 2019. From 2011 to 2017, he led the University of the Philippines (UP) System as President and Board Co-Chair. Before UP, Mr. Pascual worked at the Asian Development Bank (ADB) for 19 years in several positions, including Director for Private Sector Operations, Director for Infrastructure Finance, and Advisor for Public-Private Partnership (Infrastructure Development). At ADB, he had postings in India and Indonesia and held board directorships at ADB’s investee companies in China, India, and the Philippines. Mr. Pascual was a finance professor at the Asian Institute of Management (AIM). Currently, he is an independent director at other publicly-listed companies and a trustee at nonprofits and other organizations. He is the President of the Management Association of the Philippines (MAP) and the global Association of Former Employees of ADB (AFE-ADB). He finished his MBA and BS in Chemistry (cum laude) from UP.
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SM Investments Corp
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SM Investments Corporation is engaged in the property, retail, and financial services and other businesses. The Company operates through three segments: property, retail, and financial services and others. The property segment is involved in mall, residential and commercial development, and hotels and convention centers operations. The retail segment is engaged in the retail/wholesale trading of merchandise, such as dry goods, wearing apparels, food and other merchandise. The financial services and others segment primarily includes the Company, which engages in asset management and capital investments, and associates, which are involved in financial services. It operates department stores through THE SM STORE and food retail stores under SM Markets consisting of SM Supermarket, SM Hypermarket, Savemore, as well as Walter Mart. SM Prime is a real estate conglomerate in Southeast Asia with interests in malls, residences, office buildings, resorts, hotels and convention centers.