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Manila Bulletin devider Business devider The Stock Market devider SMIC Chairman Emeritus Jose Sio named PICPA honorary life member

SMIC Chairman Emeritus Jose Sio named PICPA honorary life member

Published Dec 8, 2025 11:22 am
SM Investments Corporation Chairman Emeritus Jose T. Sio
SM Investments Corporation Chairman Emeritus Jose T. Sio
SM Investments Corp. (SMIC) Chairman Emeritus Jose T. Sio has been named an honorary life member of the Philippine Institute of Certified Accountants (PICPA), the accredited professional organization of certified public accountants (CPAs).
The organization recognized Sio for “over 20 years of continued, dedicated service to the institution as highlighted by outstanding accomplishments and significant contributions to the advancement of the profession and active involvement in various accounting and professional organizations.”
“I am honored by this recognition from fellow professionals in the field. Accountancy plays a significant role in the growth and integrity of many Philippine businesses, helping build the trust and confidence of company stockholders. I am privileged to be part of organizations, like the SM Group, that views the field as a crucial part of the company’s growth journey,” Sio said.
Previously, he was also given the Accountancy Centenary Award of Excellence in 2023 and the Parangal San Mateo in 2022, the highest honor that can be conferred upon an accounting professional.
Concurrent with his role as chairman emeritus at SMIC, Sio is also a director at China Banking Corp. (Chinabank), Atlas Consolidated Mining and Development Corp., and NLEX Corp.
He also currently serves as a board adviser at BDO Unibank Inc., and chairman and president of SM Foundation Inc., as well as a trustee at Far Eastern University Inc. (FEU) and Asia Pacific College (APC).
Sio was instrumental in the public listing of SMIC, which allowed the company to expand and grow. SMIC’s initial public offering (IPO) in 2005 achieved and held the largest IPO in the Philippine stock market for 15 years—from 2005 to 2020—and became the second domestic publicly listed company to reach a ₱1-trillion market capitalization.
Hailing from Iloilo, Sio earned a degree in commerce, majoring in accounting, from University of San Agustin in Iloilo City. He also completed his master’s degree in business administration (MBA) from New York University (NYU) in the United States (US).
He also served as chief finance officer (CFO) in 1990 and later on as chairman of the board for SMIC in 2017.
During Sio’s tenure as CFO at SMIC, he received multiple awards from various publications and organizations, including a CFO Superstar in Asia award from a New York-based publication in 1997; CFO of the Year from ING Bank and Financial Executives Institute of the Philippines (FINEX) in 2009; CFO of the Year (Philippines) from Hong Kong-based The Asset magazine in 2010; and one of the Best CFOs at FinanceAsia Awards in 2011.

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