Teresita Sy-Coson, the eldest child of the Philippines’ richest man Henry Sy, or Tessie as she is more commonly known, helms Philippines’ biggest bank BDO and has been described by one dealmaker that has worked with her as being “tough” and “visionary.”
Sy-Coson has shaped BDO to be the biggest bank in the Philippines in terms of total assets, loans, and deposits. She was behind BDO’s push to acquire Equitable in 2005, then the third-largest bank in the Philippines. She has also overseen the bank’s increase in market capitalization, delivering returns for shareholders.
While all of Henry Sy’s children are involved in the business, Sy-Coson plays...
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