‘Only 15% of directors in Philippines biggest firms are women’

Only 15 percent of members of the board of the country’s top 100 companies by revenue are women, according to the March 2016 issue of Forbes Philippines magazine.

Focusing on women in business in line with International Women’s Month this March, Forbes Philippines examined the top executives of the country’s biggest companies. It found that women made up only eight percent of chairpersons and 11 percent of presidents.

However, the magazine also revealed that women are running some of the country’s biggest companies, including its largest bank, its biggest pharmaceutical manufacturer, biggest drug retail chain and biggest life insurance company.

The magazine came up with a list of a dozen women running some of the country’s biggest companies. It also ranked 30 or so companies where women accounted for a fifth or more of the corporate directors.

The list included Convergys Philippines Services, a leading business process outsourcing company, where all of the directors are women in 2015.

Forbes Philippines is the premier business magazine of choice of affluent business leaders, decision makers, investors, executives and entrepreneurs.

The March issue is now available on newsstands and in bookstores, convenience stores, and supermarkets nationwide.