Augustinian replaces Sy as SM Investments Chair
JOSE Tan Sio, University of San Agustin Alumni Achievement Awardee in the field of entrepreneurship and management, is the new chairman of SM Investments Corporation. Sio succeeded the 93-year-old patriarch, Henry Sy, Sr., who established the company in 1958.
Like most of the University of San Agustin alumni who are now successful in their respective chosen careers, Sio is also the epitome of an Augustinian graduate.
A Transformative Community Builder
The community which Jose T. Sio builds alongside other management experts may be different from a layman’s concept of a community. He has established various communities for which he ensures growth and financial stability.
Sio is affiliated to SM Investments Corporation as Chairman, former Director and Executive Vice President, Chief Finance Officer, Corporate Information Officer and Member of Audit, Compensation and Compliance Committees; SM Keppel Land, Inc. as Director; China Bank as Director and Chairman of Trust Investment Committee; Manila North Tollways Corporation as Director; Belle Corporation as Director and Member of Adult Committee; Atlas Consolidated Mining and Development Corporation as Director and Member of the Executive Committee; Carmen Copper Corporation as Director and Member of the Executive Committee; Banco de Oro Unibank, Inc. as Board Adviser; SM Prime Holdings, Inc. as Member of the Audit and Corporate Governance Committee and of the Compensation Committee; as well as SM Development Corporation as Board Adviser and Member of the Audit and Risk Management Committee.
Apparently, his extensive service is instrumental in the successful growth and expansion of the company he serves.
A Restless Critical and Creative Thinker
Jose Sio finished his Bachelor of Science in Commerce, major in Accounting, at the University of San Agustin in 1962. Thereafter, he became a Certified Public Accountant. As a restless critical and creative thinker like St. Augustine of Hippo, he pursued his Master of Business Administration degree, major in Corporate Finance Management, at New York University, USA, as a scholar.
His restless pursuit of excellence, though, was not just confined to his student life. He similarly exhibited the same restlessness as a professional, as manifested by the many citations he reaped. He was recognized as one of the CFO Superstars by the Global Finance Magazine (1997), The Asia 500 Leaders for the New Country (1999-2000), Who’s Who of the Asian Pacific Rim (1999-2000), Profiles in Excellence Bibliotheque World Wide (2003), ING and Financial Executives Institute of the Philippines – CFO of the Year (2009), The Asset Triple “A” Asian Awards – CFO of the Year (2010, Hong Kong), Finance Asia Award – Best CFO (2011, Hong Kong), Corporate Governance Asia Excellence Award – Best Philippines CFO (2012, Hong Kong), Corporate Governance Asia Excellence Award – Best Philippines CFO (2013, Hong Kong), and Alpha Southeast Asia Best CFO in the Philippines (2013).
Certainly, it takes a great deal of perseverance and creativity to be able to garner all these recognitions from prestigious national and international award-giving bodies.
A Social Communicator of Truth
Sio serves as an inspiration to many of his contemporaries in his field of discipline, including those who are not. He gives hope to the many Augustinians and Filipinos who are just jumpstarting their careers.
In 2014, Sio was given the USA Alumni Achievement Award – a search launched when the University of San Agustin celebrated its 60th Anniversary as a University in 2013 – not only in recognition of his exemplary achievement in the field of entrepreneurship and management. Most importantly, he was recognized by his Alma Mater for being an instrument in transforming lives and communities by means of his significant contributions to his profession. Through the life he lived, he was able to communicate to the broader society the true value of an Augustinian education – the formation of hearts and minds so that the pursuit of excellence shall not only be for the self but, most importantly, for others.
Sio’s success is a testament that with this brand of training and education, the Augustinian can!
The University of San Agustin community is truly proud of the achievements of Jose Sio and all the other alumni who have brought the name of the University in the limelight. The First University in Western Visayas hopes that the Augustinians of then and now will continue to live the Augustinian legacy of excellence and lead the way towards the transformation of man and society. (PEAR-USA)