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Lilia de Lima, ex-Peza chief and Magsaysay laureate, joins board of FWD Life Philippines.

FORMER Director General of the Philippine Economic Zone Authority (Peza), Lilia B. de Lima, has been appointed as Member of the Board of FWD Life Philippines, one of the fastest-growing insurance companies in the country.

De Lima, whose appointment took effect on June 21, served as the first director general of Peza from 1995 to 2016. De Lima was responsible for building the agency into a showcase of successful regulatory reform, a model institution of honest and committed public service and a key contributor to the nation's economic growth.

She was a recipient of the 2017 Ramon Magsaysay Award for her 'unstinting, sustained leadership in building a credible and efficient Peza, proving that honest, competent and dedicated work of public servants can, indeed, redound to real economic benefits to millions of Filipino.'

De Lima was also conferred The Order of the Rising Sun, Gold and Silver Star, the highest award given to a non-head of state, by the government of Japan. Other notable awards include: The Outstanding Women in the Nation's Service (TOWNS) in the field of law, 2011 Government Service Award by the Ateneo de Manila University, Management Man of the Year 2010 by the Management Association of the Philippines, among others. De Lima also serves as a concurrent director of several companies and institutions.

'We're delighted to welcome Lilia de Lima to the FWD Board. She will be a great addition as FWD continues to establish itself as a significant player in the Philippines life insurance landscape,' said FWD Life President and Chief Executive Officer Peter Grimes. 'Her wealth of experience, insights and influence will be a great asset in fulfilling our vision of changing the way people feel about insurance.'

'I'm delighted to become part of FWD Life's board of directors and help the company realize its business aspirations in the Philippines. With its bold vision of changing the way people feel about insurance, FWD is focused on delivering the best possible customer experience and financial protection for Filipinos today,' de Lima said.

Former Ambassador to the United States and FWD Life Philippines Chairman of the Board Jose L. Cuisia Jr. said, 'Atty. de Lima's expertise in the fields of economics and investor relations, as well as her fresh perspective coming from public service, will help boost our company's strategy as we continue to build robust business operations. I have no doubt her abilities and experience will contribute significantly in helping to sustain FWD's growth momentum.'

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Publication:Business Mirror (Makati City, Philippines)
Date:Jun 26, 2018
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