SM Investments welcomes Marife Zamora as independent director, strengthening governance

Professional portrait of Marife B. Zamora, a new independent director of SM Investments Corporation, wearing a black blazer and smiling against a plain white background.

SM Investments Corporation has added a powerhouse to its Board of Directors. During the company’s Annual Stockholders’ Meeting today, shareholders elected Marife B. Zamora as an independent director, reinforcing the company’s commitment to top-tier corporate governance and gender diversity.

With her election, SM Investments not only retains a majority of independent directors—surpassing regulatory requirements—but also marks a continued step forward in gender inclusivity. Zamora joins Atty. Lilly K. Gruba as the Board’s second female independent director.

“I’m truly honored to join SM’s Board,” Zamora said. “SM reflects the vibrant energy and growth of the Philippine economy. I’m excited to help guide a company so firmly rooted in independence and responsible leadership.”

Zamora brings with her a wealth of experience and influence. A respected leader in telecommunications, insurance, and business process outsourcing, she is also a champion for women in tech and leadership. She sits on the Board of Trustees of the FTW (For The Women) Foundation and co-founded the Filipina CEO Circle, a network empowering women to drive impact and innovation in business.

She takes over from Tomasa “Tammy” H. Lipana, who stepped down after serving the maximum term for independent directors.

“The Board extends its deepest gratitude to Director Lipana for her nine years of unwavering service and insight,” said Chairman Amando M. Tetangco, Jr. “We are equally thrilled to welcome Ms. Zamora. Her leadership, perspective, and deep expertise will be a valuable asset to the SM Group.”

With fresh energy and a steadfast commitment to excellence, SM Investments continues to set the bar high in boardroom leadership and governance.

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