SM Investment Corp.’ President and CEO looks back on eventful 2024, looks forward to a better 2025
Frederic C. DyBuncio
President and CEO
SM Investments Corp.
2024 was another remarkable year of purposeful growth for the SM Group, driven by financial resilience, innovation, and a collective commitment to improving customer experiences.
Our ability to stay attuned to market demands, expand into new regions and underserved communities, and innovate across services underscored our dedication to serve our customers.
One of the year’s most significant milestones was the successful pricing of our $5000 million drawdown under the $3-billion multi-issuer Euro Medium-Term Notes (EMTN) program.
This issuance, oversubscribed 3.2 times, stands as SM Investments’ largest offshore bond issuance since 2014.
It validated the strength of our financials and also showcased global market confidence in the resilience and viability of Philippine companies.
This achievement, alongside our continuous efforts to grow and innovate, reflects the steadfast commitment of our teams and partners to creating meaningful and shared value for our many stakeholders.
We remain cautiously optimistic about the opportunities 2025 holds, fueled by the continued growth of the Philippine economy and its dynamic, young population.
By expanding into more underserved areas, we aim to contribute to sustainable economic development, collaborating with government stakeholders to enhance access to essential services such as retail, banking and integrated property solutions.
Despite challenges, the business sector has demonstrated remarkable adaptability, and we anticipate further recovery in consumer spending as inflation moderates.
This environment presents opportunities in consumer-focused sectors, and we are excited to meet these demands.
We will also continue to be committed to investing in promising ventures such as renewable energy and logistics, that foster economic activity while aligning with our sustainability goals.
As we look forward, our focus will remain on driving growth, creating shared value and empowering communities for a stronger, more inclusive and sustainable future.
