SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) has made it to the list of finalists in this year’s upcoming Asia CEO Awards, the largest business awards event in Philippines and one of the biggest of its kind in the Asia Pacific region.
According to a list published in the Asia CEO Awards website, the SBMA is one of the six finalists for the Executive Leadership Team of the Year award, and the only government entity vying for the title in this category.
The other finalists are contact center and performance marketer Acquire BPO; top BPO firm Cognizant Technology Solutions Philippines, Inc.; appliance maker Concepcion Industrial Corporation; electronics manufacturer Integrated Micro-Electronics Inc.; and cargo logistics giant LBC Express, Inc.
The Asia CEO Awards, which is presented by PLDT Alpha Enterprise, recognize extraordinary leaders who have demonstrated outstanding achievement for their organizations and contributions to others.
Its purpose is to promote the ASEAN region as a premier business destination and is considered a must-attend occasion for business leaders active in the region.
The annual awards presentation was established as a natural outgrowth of Asia CEO Forum, the largest regular networking event for the business community in Philippines.
Among the awards presented are: Global Top Employer of the Year, Global Filipino Executive of the Year, Expatriate Executive of the Year, Service Excellence Company of the Year, Young Leader of the Year, Green Company of the Year, CSR Company of the Year, SME Company of the Year, Heart for OFWs Company of the Year, Entrepreneur of the Year, Technology Company of the Year, Most Innovative Company of the Year, and ASEAN Company of the Year.
The Executive Leadership Team of the Year award, for which the SBMA has been nominated, is given to honor an executive management team of any organization that exhibited exceptional leadership skills resulting in the maximization of stakeholders’ values and has attained significant business accomplishments.
This award was presented to Clark Development Corporation during the 2015 Asia CEO Awards, and to SM Prime Holdings in 2014.
This year, the Asia CEO Awards Night will be held on October 18, at the grand ballroom of Marriott Hotel Manila, the largest in the nation. It is expected to be attended by more than 1,200 of the most senior executive managers active in Philippines and across the Asia Pacific region.
The SBMA, which manages the Subic Bay Freeport Zone, has lately received recognition for its record-setting financial performance in the last four years under SBMA chairman and administrator Roberto Garcia.
Last year the Subic Bay Freeport garnered two major citations in the Global Free Zones of the Year 2015 Awards: overall winner in Asia, and overall winner in the sub-region of South and Southeast Asia.
The Subic Freeport also received commendations in the form of bespoke awards for infrastructure developments and reinvestment. (30)