SM Prime Holdings, Inc. Announces Executive Changes
February 20, 2023 at 12:20 am EST
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SM Prime Holdings, Inc. at its meeting held on 20 February 2023 announced the retirement of Mr. Christopher S. Bautista as Chief Audit Executive. The Board likewise approved the following: changed in the designation of Mr. Marvin Perrin L. Pe to Chief Audit Executive from previous roles of Chief Compliance Officer and Chief Risk Officer; Appointment of Mr. John Nai C. Peng Ong as Chief Compliance Officer, in addition to his current positions as Chief
Finance Officer and Chief Information Officer; and Appointment of Ms. Joana B. Tiangco as Chief Risk Officer. Ms. Joana B. Tiangco is the AVP of Enterprise Risk Management and has been with the Company since 2016. She was formerly a compliance and risk officer of the Bank of the Philippine Islands, where she gained over 10 years' experience in banking, compliance and risk management. Ms. Tiangco holds a Bachelor of Science in Management of Financial Institutions from the De La Salle University, Manila, with various training in areas of management, business continuity, operations and control, AML, corporate governance, leadership management, ethics and compliance, and sustainability, among others. All the changes are effective from February 20, 2023.
SM Prime Holdings, Inc. is a Philippines-based integrated property developer, which is engaged in the development of malls, residences, offices, hotels and convention centers. The Company has approximately 82 malls in and outside Metro Manila and eight shopping malls in China, totaling 10.5 million square meters of Gross Floor Area (GFA). In the Philippines, the Company has a total of 19,919 tenants and 1,952 tenants in China. The Mall segment develops, conducts, operates and maintains the business of modern commercial shopping centers and all businesses related thereto. Residential and commercial segments are involved in the development and transformation of residential, commercial, entertainment and tourism districts through sustained capital investments in buildings and infrastructure. The Hotels and Convention Centers segment is engaged in and carries on the business of hotel and convention centers and operates and maintains any and all services and facilities incident thereto.
SM PRIME HOLDINGS, INC. 
