5 Filipina power CEOs lead Asia’s business elite in Fortune’s 100 Most Powerful Women list

Five Filipino women have been recognized by Fortune Magazine as among Asia’s 100 Most Powerful Women, highlighting how Filipinas are shaping the future of business across industries—from fintech and real estate to banking and digital innovation.

Leading the pack in fintech is Martha Sazon, president and CEO of Mynt/GCash, who has transformed the country’s most popular finance app into a $5-billion powerhouse used by over 94 million Filipinos. 

Under her leadership, GCash secured investment from Japan’s MUFG and is now preparing for an IPO that could raise up to $1.5 billion, potentially the Philippines’ largest-ever listing.

Also on the list is Lourdes T. Gutierrez-Alfonso, president of Megaworld Corp., who has been part of the property giant since its early years. 

From left: Megaworld's Lourdes T. Gutierrez-Alfonso, Ayala Land's Anna Maria Margarita Bautista Dy and Gcash/Mynt's Martha Sazon. 

Known for her steady leadership, Gutierrez-Alfonso helped drive a 17 percent jump in 2024 revenues to $1.4 billion, powered by strong real estate and hospitality growth.

Anna Maria Margarita Bautista Dy, president and CEO of Ayala Land, continues to steer the country’s largest developer toward sustained expansion. 

Since taking the helm in 2023, Dy has strengthened Ayala Land’s presence across residential, commercial, and hotel segments, delivering an 8 percent profit rise in the first half of 2025.

From left: UnionBank's Ana Maria Aboitiz Delgado and Land Bank of the Philippines' Lynette V. Ortiz. 

Ana Maria Aboitiz Delgado, president and CEO of UnionBank, represents the new wave of digital banking leadership. 

After 17 years with the bank, she took the top post in 2025, driving innovation and customer-focused growth that helped push UnionBank’s revenue to $1.8 billion—a 5 percent gain from the previous year.

Completing the Philippine contingent is Lynette V. Ortiz, president and CEO of the Land Bank of the Philippines, the nation’s largest government lender. 

A former Standard Chartered Bank Philippines CEO, Ortiz led Land Bank to remit a record $580 million dividend to the government this year, the biggest among state-run firms.

—Edited by Miguel R. Camus 

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