Lance Gokongwei Wins the Asean Entrepreneurial Excellence Award
Lance Y. Gokongwei, President and CEO of JG Summit Holdings, has been named the recipient of the esteemed EY-Bank of Singapore Asean Entrepreneurial Excellence award (AEE). This prestigious honor acknowledges Gokongwei's leadership and significant contributions to the Southeast Asian business landscape. He is set to receive the award on November 18 in Singapore.
Presented by EY and sponsored by Bank of Singapore, AEE recognizes Southeast Asian entrepreneurs who drive not only economic growth but also create positive societal change for the region.
Gokongwei's leadership at JG Summit, one of the region's most diversified and impactful conglomerates, exemplifies these values. His focus on innovation, inclusive growth, and sustainability has helped position the company as a key driver of economic progress across Southeast Asia.
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Reflecting on his guiding principles, Gokongwei shared, “I want to make a positive and lasting difference in everything I can do and pay it forward.” This belief has been the cornerstone of his leadership, where profitability is balanced with a commitment to creating value for stakeholders, employees, and the communities his companies serve.
Through its subsidiaries, Universal Robina Corporation (URC) and Cebu Pacific (CEB), JG Summit has successfully broadened its presence throughout ASEAN. URC has established operations in major markets including Hong Kong, Indonesia, Malaysia, Singapore, Thailand, Myanmar, and Vietnam, providing products that cater to the diverse needs of consumers across the region. Similarly, Cebu Pacific, one of the Philippines' leading airlines, contributed to regional connectivity, with flights spanning Southeast Asia, driving tourism, trade, and mobility.
At the heart of Gokongwei’s leadership is a commitment to innovation, as seen in his digital initiatives. One example is GoTyme, a digital banking venture launched in collaboration with Singapore’s Tyme Group. GoTyme embodies Gokongwei’s vision of financial inclusion through digitalization, providing millions of Filipinos with seamless access to banking services that were previously unavailable to them.
Gokongwei's recognition with the AEE award also features his vital role in advancing the goals of the ASEAN Economic Community (AEC), which aims to integrate the economies of its 10 member states. Under his leadership, JG Summit has catalyzed economic growth, in alignment with the AEC's vision of a more interconnected and competitive Southeast Asia.
As the region continues to experience rapid development, Gokongwei’s leadership shows a powerful example of how commercial success can go hand in hand with social responsibility. His legacy of paying it forward extends beyond the boardroom, inspiring others to impact their communities.
