Insider Spotlight
Women occupy five of the company’s nine board seats and account for 40 percent of its management committee. Roughly 40 percent of the overall workforce is also female, giving the Tan-led real estate firm a leadership structure that stands above global industry benchmarks.
Why it matters
Commercial real estate has historically struggled with gender balance in leadership roles. A study of media company Bisnow said that 100 major commercial property firms found women hold just 27.5 percent of C-suite roles and around 33 percent of board seats globally, PNB Holdings noted in a press statement.
Grant Thornton’s 2024 report shows similar trends across industries, with women occupying roughly one-third of senior management positions worldwide. These figures highlight the persistent leadership gap in sectors like property development.
By comparison, PNB Holdings’ board and executive structure show a more balanced distribution of decision-making power.
The big picture
Leadership composition can shape how companies allocate capital, guide development strategies, and approach long-term planning.
Executive committees influence land use decisions, commercial leasing strategies, and investment priorities that can affect urban growth.
Research has also linked gender-diverse leadership teams with stronger financial performance and broader strategic perspectives.
At PNB Holdings, diversity in leadership coincides with operational results. In 2025, the PNB Makati Center and the PNB Financial Center achieved a combined occupancy rate of 90 percent, outperforming expectations for commercial leasing despite broader market headwinds.
Governance and compliance
The company also strengthened governance structures as it advanced its growth plans.
In 2025, PNB Holdings reinforced its compliance framework to improve transparency and accountability across operations.
Internal policies also strengthened equal opportunity standards and anti-discrimination measures through the firm’s HR Manual and formal grievance mechanisms.
What’s next
As the Philippine real estate sector evolves, leadership composition is becoming a competitive factor alongside asset quality and financial performance.
For PNB Holdings, the combination of diverse leadership, governance discipline, and stable property operations positions the company as a forward-moving player in the country’s commercial property landscape. —Vanessa Hidalgo | Ed: Corrie S. Narisma
