Steering SM Prime Holdings to New Heights: CEO Awards Honoree Jeffrey Lim
The Business Manual names Jeffrey Lim, President of SM Prime Holdings, Inc., as one of 20 top CEOs receiving honors from the CEO Awards.
Jeffrey Lim, the President of SM Prime Holdings, Inc, received recognition as one of the country's top CEOs at The Business Manual CEO Awards held last January 28. His remarkable leadership in overseeing the expansion of SM Prime Holdings' extensive portfolio of malls, residential developments, hotels, and convention centers, has established him as a key figure in the real estate industry.
Pioneering Leadership in Property Development
Under Lim's stewardship, SM Prime Holdings, one of Southeast Asia's largest and leading integrated property developers, has seen impressive growth. The company boasts 79 malls, 63 residential developments, 11 office buildings, and 6 hotels, employing over 12,000 individuals. Significantly, in 2017, SM Prime became the first Philippine-listed company to reach one trillion pesos in market capitalization, a testament to Lim’s effective leadership.
Jeffrey Lim's Multifaceted Executive Roles
Jeffrey Lim, an experienced Certified Public Accountant with a degree from the University of the East, holds various executive and board positions within SM Prime and its subsidiaries. His multifaceted roles within the company demonstrate his broad expertise and strategic vision in guiding the company's success.
During his tenure, Jeffrey Lim has significantly contributed to SM Prime's financial prosperity, with the company's net income surging by 37% to PHP30.1 billion in the first nine months of 2023, driven by a 26% growth in revenue. His commitment to sustainability is highlighted by SM Prime's partnership with Citicore Renewable Energy Company (CREC) for generating solar power energy and achieving the company's goal of net-zero greenhouse gas emissions by 2040. His leadership reflects a responsible approach to environmental stewardship.
Awards and Accolades
Jeffrey Lim's leadership and SM Prime's performance under his guidance have been recognized with numerous prestigious awards. These include Asia’s Icon of Corporate Governance from Corporate Governance Asia, the Best Companies to Work in Asia 2019 award from HR Asia, the Platinum Award for Excellence from The Asset, the Centenary Awards of Excellence 2023, Personality of the Year at Lamudi’s The Outlook Awards, the Golden Arrow Award from the Institute of Corporate Directors, the Most Outstanding Real Estate Company award from the Asiamoney Awards 2022, and recognition as one of the Best CEOs From the Philippines by FinanceAsia in 2023.
Jeffrey Lim’s role in transforming SM Prime Holdings into a powerhouse in the real estate and development industry is a testament to his visionary leadership and strategic acumen. His journey reflects a blend of financial expertise, commitment to sustainability, and dedication to corporate governance, making him an exemplary recipient of this prestigious award.
About The Business Manual CEO Awards: Celebrating Visionary Leadership and Business Excellence
The Business Manual is proud to present the inaugural CEO Awards, a prestigious event dedicated to honoring the most exemplary business leaders in the Philippines. These awards celebrate the achievements of CEOs who have not only led their companies to new heights but have also made a significant impact on their industries and contributed to the advancement of the nation.
