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Hans Sy Semi Retirement Announcement

By Maria SantosPhilippines
1 min read
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hans sy
In this article (5)

SM Prime CEO, Hans Sy, has announced a semi-retirement.

Sy has also served as SM Prime’s president since 2004, while holding key positions in SM subsidiaries and affiliates.

Teresita Sy-Coson, vice chairperson of SM Investments – parent company of SM Prime, said Sy “wants to have more free time for himself and his organization is developed enough to take on many of his responsibilities.”

Jeffrey Lim, who served as SM Prime executive VP and SM Development Corp president, will take Sy’s position.

Sy has grown SM Prime into the biggest mall and integrated property developer in the Philippines and one of the biggest in Southeast Asia. The company now has 58 malls in the country and six in China.

Questions & Answers

Q.

What is Hans Sy's new status at SM Prime?

A.

Hans Sy has announced his semi-retirement from SM Prime. He previously served as the company's CEO and president.

Q.

Who will replace Hans Sy as CEO of SM Prime?

A.

Jeffrey Lim will take over as CEO of SM Prime. He was previously the executive VP of SM Prime and president of SM Development Corp.

Q.

Why is Hans Sy semi-retiring?

A.

Teresita Sy-Coson stated that Sy wants more free time and feels his organisation is developed enough to handle his responsibilities.

Q.

How many malls does SM Prime operate?

A.

SM Prime operates 58 malls in the Philippines and an additional six malls located in China.

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