Maan Hontiveros
CEO of AirAsia Inc. Philippines and Chair of AirAsia Zest
Manila, Philippines
What is the global impact of your work? Through my leadership, AirAsia is able to provide safe, low-cost, high value air transportation services to enable those on a limited budget to fly and explore other cultures.
What have you done to alleviate suffering in society? After super typhoon Haiyan, we ferried rescue workers, relief goods, survivors and stranded passengers on our humanitarian flights for free.
Most difficult workplace challenge as a Filipina woman and why: To aspire for the top position means you have to be aggressive and think and oftentimes act like a man…. And be prepared to suffer the consequences.
Hardest lesson learned and how you learned it? Most Filipinos are uncomfortable with confrontation. During one television interview where I relentlessly grilled an interviewee who I believed was a fake psychic, I thought I had done a great job, only to find out that audience reaction showed a great majority of callers thought I was rude and “un-Filipino”. I have since learned to punch with silken gloves and use a more polite tone even as I strive
The Filipina CEO Circle (FCC) comprises of 40 dynamic and successful Filipina executive directors, top managers and powerhouses based in the Philippines including Ace T. Itchon (Global FWN™ '15), President & CEO, Aspen Philippines, Inc., Marife Zamora (Global FWN™ '13), Chair, Convergys Philippines Services Corp., Maan Hontiveros (Global FWN™ '14), Chair, AirAsia Philippines, Emma Imperial (Global FWN™ '15), Group President and CEO at Imperial Homes Group of Companies, Delia Albert (Global FWN™ '14), Former Ambassador and Secretary of Foreign Affairs; Senior Adviser, SGV & Co., Philippines, Ayhee Campos (Global FWN™ '14), Country Head, Infosys BPO Ltd., Marivic Añonuevo (Global FWN™ '14), Managing Director and CEO, Millennium Challenge Philippines, Mila Sering, (Global FWN™ '14), COO, Senior Managing Director for APAC Sales and Marketing, Seven Seven Corporate Group, Karen Batungbakal (Global FWN™ '14), Executive General Manager, QBE Insurance, Talino EV Management Systems Inc, Business Processing Assoc. of the Philippines, Myrna Tang Yao (Global F
Philippines’ richest congressman Michael “Mikee” Romero is now the majority owner of the local affiliate of budget airline AirAsia.
Romero’s stake in the Philippine AirAsia was raised to %, higher than Malaysian AirAsia founder Tony Fernandes and partner’s 40%.
Romero acquired the AirAsia Philippines stakes of Ambassador Fred Yao and Maan Hontiveros. Romero, Yao, Hontiveros and businessman Antonio “Tonyboy” Cojuangco were the original Filipino owners when the local franchise of the Malaysia-based airline started operating in
Fernandez’s holdings is stuck at 40%, the limit set by the Philippine Constitution for foreign ownership in airlines.
Philippine AirAsia ownership structure:
- Tony Fernandes and Kamarudin Menardum (AirAsia Berhad of Malaysia): from 40% to 40%
- F&S Holdings Inc (Sps. Michael and Shiela Romero): from % to %
- Amb. Fred Yao: from 13% to none
- Maan Hontiveros: from % to none
- TNR Holdings (Tonyboy Cojuangco): % to %
Romero says the opportunity to increase his stake in the airline came at a “good time” since the loss-making airline has already turned around. Gone were the days when it was poorly slugging it out against local giants Philippine A
Consuelo D. “Zondy” Garcia
President and CEO, ING Bank Philippines
Zondy Garcia is the Country Manager for ING Bank Manila, which has been operating in the Philippines since Before becoming Country Manager, she was the Managing Director and Head of Financial Markets, where she had responsibility for Local Treasury (FX, Money Market, Local Fixed Income and Local Interest Rate Derivatives) and Capital Markets (Philippine High Yield Dollar Bond Trading, Credit Derivatives, ROP Bond Options and other Structured Products). She had previous stints with SGV and Bank of Boston where she was involved in audit, trust, lending, corporate finance and other special projects.
Marianne Hontiveros
CEO, Air Asia Philippines
Marianne “Maan” Hontiveros has been Chief Executive Officer of Philippines Air Asia since March In this role, she is responsible for overseeing all aspects of the airline’s operations, including establishing domestic and regional routes and ensuring compliance with the government&#;s civil aviation regulations. An original member of the airline’s start-up team, she took on the challenge of securing the air operator’s certificate and operating permits. Her varied exp
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