Leadership with Purpose: SM Welcomes Marife Zamora to Its Board

SM Investments Corporation (SM Investments) has welcomed a new face to its Board of Directors with the election of Marife B. Zamora as an independent director during the company’s Annual Stockholders’ Meeting. Her appointment not only brings seasoned leadership to the table but also helps maintain SM’s majority of independent directors—an effort that exceeds regulatory requirements and reflects the company’s steadfast dedication to sound corporate governance.

Ms. Zamora now joins Atty. Lilly K. Gruba as the second female independent director on the Board, marking another step forward in promoting gender diversity within one of the Philippines’ largest conglomerates. “SM mirrors the energy and growth journey of the Philippine economy,” said Zamora. “I’m honored to contribute to a company with such a strong commitment to governance and independence.”

With a career that spans the telecommunications, insurance, and BPO sectors, Zamora brings a wealth of executive experience and a reputation for driving strategic transformation. Beyond the boardroom, she’s also a strong advocate for empowering women in business, playing leadership roles in organizations like the FTW Foundation and the Filipina CEO Circle.

Zamora succeeds Tomasa “Tammy” H. Lipana, who concluded her maximum term as an independent director after nine years of dedicated service. Her departure was met with deep appreciation from the Board for her valuable insights and lasting contributions to the company’s growth.

Chairman Amando M. Tetangco, Jr. emphasized the significance of the transition, stating, “We thank Director Lipana for her exceptional service and warmly welcome Ms. Zamora. Her leadership and extensive experience will undoubtedly enrich SM’s continued journey of growth and governance excellence.”