At real estate company PNB Holdings Corporation (PHC), women hold five of nine seats on the board of directors, account for 40% of its management committee, numbers that are higher compared to the global average of 27.5% of C-suite roles and 32.89% of board seats in commercial real estate firms.
Across global boardrooms, gender representation remains uneven despite steady progress in recent years.
Grant Thornton’s 2024 global report shows that women now hold roughly one-third of senior management roles worldwide. Yet the commercial real estate sector continues to trail behind many industries. A specialized study by media company Bisnow examining 100 leading commercial real estate firms reveals that women remain significantly underrepresented at the highest levels of leadership.
Female representation drops to just 27.5 percent in C-suite positions and about 33 percent in board appointments, underscoring the sector’s persistent “glass ceiling.”
These figures have become a benchmark for evaluating leadership diversity across property companies worldwide.
Within this landscape, PNB Holdings Corporation (PHC) presents a notable contrast. Women occupy five of the company’s nine board seats, while six of the 15 members of its management committee are female. Across the organization, women make up roughly 40 percent of the workforce.
In an industry where executive leadership has historically been dominated by men, this composition places PHC above the global averages recorded among major commercial real estate firms.
Leadership structure plays a critical role in shaping a company’s strategic direction. Executive committees guide decisions on capital deployment, portfolio expansion, and development priorities—moves that can influence land use patterns, commercial growth, and long-term property value.
A growing body of research suggests that gender-diverse leadership teams are associated with stronger financial outcomes and more resilient decision-making. PHC’s recent operating performance reflects this alignment. In 2025, the PNB Makati Center and the PNB Financial Center achieved a combined occupancy rate of 90 percent, surpassing industry expectations for commercial leasing despite broader market pressures.
The year also marked a period of internal strengthening for the company. PHC enhanced its governance framework in 2025 to reinforce compliance, transparency, and accountability across its operations as it pursued long-term growth initiatives.
The firm further strengthened equal opportunity and anti-discrimination policies through updates to its HR Manual and introduced formal grievance mechanisms to support workplace accountability.
As the Philippine property sector continues to evolve, leadership composition and governance practices are becoming increasingly central to corporate competitiveness. Within that changing environment, PHC combines strong representation at the top with disciplined governance and measurable operating performance—positioning the Tan-led company as a stable and forward-looking player in the real estate landscape.