Lance Gokongwei has joined the board of PhilWeb Corp., cementing his commitment after agreeing to invest about P2 billion in the fast-rising gaming technology company.
The appointment places a gaming law expert at the helm of PhilWeb's governance oversight as the company pursues expansion in regulated online gaming and digital technology services. The move also signals continued emphasis on board independence and regulatory compliance following the firm's change in control earlier this year.
Lance Y. Gokongwei, president and CEO of JG Summit Holdings and chair of Robinsons Land Corp. (RLC), received the first-ever Life Achievement Award at the 13th PropertyGuru Philippines Property Awards Gala on Aug. 15, 2025.
The SEC has warned the public about scammers using deepfake videos and audio of JG Summit CEO Lance Gokongwei to promote fake crypto and forex investments.
JG Summit reported a 29-percent increase in core net income to P24.9 billion for full-year 2024, lifted by sustained topline growth and one-time gains from the merger of Robinsons Bank with Bank of the Philippine Islands.
Conglomerate JG Summit Holdings is cutting losses in its struggling petrochemicals business to focus on more profitable ventures while waiting for the industry to recover.
Maria Socorro Isabelle “Mybelle” V. Aragon-GoBio becomes the first female president and CEO of Robinsons Land Corp. (RLC) effective Feb. 1, 2025, as she replaces Lance Gokongwei who relinquishes his executive role in the company.
Tycoon Lance Y. Gokongwei’s transformative influence on Southeast Asia’s business landscape has earned him the prestigious EY-Bank of Singapore ASEAN Entrepreneurial Excellence Award.