Early Life
Herbert Sy is the son of Henry Sy Sr., the founder of the SM Group, and Felicidad T. Sy. He is one of six siblings, all of whom hold significant positions within the SM Group. This family environment instilled in him the importance of business acumen from a young age. Herbert Sy earned a bachelor's degree in Management from De La Salle University.
Rise to Success
Herbert Sy's career within the SM Group began in 1994, when he joined the board of directors for SM Prime, the company's real estate arm. Over the years, he has held various key positions, demonstrating his versatility and leadership skills. Currently, Herbert serves as the Chairman of Supervalue Inc., the company responsible for operating all SM Supermarkets. His leadership has been instrumental in ensuring the smooth operation and continued growth of this crucial segment. He also serves as a director of SM Prime and Chinabank.
Key Business Strategies
Herbert Sy is actively involved in the SM Group's supermarket operations, playing a key role in crucial aspects like site evaluation and negotiation. This hands-on approach ensures that new SM Supermarkets are strategically placed and cater to the evolving needs of Filipino consumers. He also serves as a director of Alfamart Trading Philippines Inc., demonstrating his commitment to exploring new markets and expanding the SM Group's reach.
Philanthropy
The Sy family, including Herbert, has a history of philanthropy. While specific amounts for Herbert Sy are unavailable, the SM Group, under the Sy family, has the SM Foundation, which focuses on education, healthcare, disaster response, and community projects.
