Industry

Lucio Tan's Wife Carmen Tan Steps Up to Vice Chair of LT Group, Inc.

They're keeping it all in the family.
IMAGE LT Group
Comments

Carmen K. Tan, the wife of the country’s last reigning taipan, 86-year-old Lucio Tan, has been appointed as the vice chair of LT Group Inc., the publicly listed holding company of the Tan family’s business empire.

READ MORE

Lucio Tan’s Asia Brewery Will Push Through With Brewing Heineken Beer in PH This Year

Lucio Tan’s PNB Planning to Sell Properties Worth Nearly $1 Billion

LT Group consists of Lucio Tan-led companies such as Philippine Airlines, Philippine National Bank, University of the East, Asia Brewery, Tanduay Distillers Inc., Eton Properties, Century Park Hotel, MacroAsia Corporation, and much more.

LT Group is one of the oldest and largest conglomerates in the country. It's currently valued at just over P141 billion. 

Carmen, 77, was formerly a director on the board before being bumped up to vice chair. Her husband, Lucio Tan, leads the board as chairman, while Lucio and Carmen’s daughter Vivienne serves as director. Other Tans on the board are Harry Tan, Lucio’s brother, and Michael G. Tan, Lucio’s son who also serves as LT Group’s president and COO.

Together, the Tans make up half of the 10-person board of directors.

ADVERTISEMENT - CONTINUE READING BELOW
CONTINUE READING BELOW
Recommended Videos
Comments
View More Articles About:
More Videos You Can Watch
About The Author
Anri Ichimura
Section Editor, Esquire Philippines
View Other Articles From Anri
Latest Feed
Load More Articles
Connect With Us