SM Investments Corp
Tomasa H. Lipana is an Lead Independent Director of SMIC. She is a former Chairperson and Senior Partner of Isla Lipana & Co., the Philippine member firm of PricewaterhouseCoopers. She is also an independent director and Audit Committee Chairperson of Flexo Manufacturing Corporation, and Trade and Investment Development Corporation of the Philippines (Philippine Guarantee Corporation, formerly Philippine Export Import Credit Agency), a government-owned and controlled corporation. Previously, she was an independent director of Goldilocks Bakeshop Inc., Inter-Asia Development Bank, and QBE Seaboard Insurance Philippines. She was also an appointive director of Trade and Investment Development Corporation (Philippine Guarantee Corporation, formerly Philippine Export-Import Credit Agency), a government-owned and controlled corporation for the last 5 years. She is a fellow and trustee of the Institute of Corporate Directors. She is also a trustee of the Shareholders’ Association of the Philippines, Inc., among other non-profit organizations. Ms. Lipana took up Executive Education/Management Development Programs at Harvard Business School, University of Western Ontario, and Asian Institute of Management. She received the Outstanding CPA in the Public Practice Award from the Philippine Institute of Certified Public Accountants and the Outstanding Alumna Award from the University of the East where she graduated Cum Laude. She is also a CPA Board placer.
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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.