Filinvest Development Corp. president and chief executive Josephine Gotianun Yap passes on the reins of leadership for its real estate subsidiary to chief strategy officer Tristan Las Marias, with the announcement of his appointment as president of Filinvest Land.
“Developing and nurturing a deep leadership bench has always been our priority here at the Filinvest group. We recognize that it is a critical and strategic component in ensuring that we continue to serve the needs of our customers, employees, shareholders, and other stakeholders. Tristan Las Marias has played a pivotal role in strengthening our property segment and has made valuable contributions in its geographic expansion to 12 new areas around the country. He shares our same vision and has been instrumental in Filinvest Land’s continued commitment to serve the underserved markets particularly the affordable and middle-market segments,” said Gotianun Yap.
Gotianun Yap retains her position as Filinvest Land’s chief executive while concurrently serving as president and CEO of FDC, one of the country’s largest conglomerates with interests in real estate, banking, power and utilities, hospitality and infrastructure.
“Filinvest Land’s business recovery is in part thanks to the company’s agile business continuity program during the height of the pandemic and the accelerated transformation towards digitization. We also endeavored to support the communities we are in through relief and community CSR programs through Pusong Filinvest. These initiatives were ably helmed by Tristan Las Marias together with our C-suite officers and executives. As a result, Filinvest Land’s residential revenues grew by 14% in 2021 vs 2020 to Php 12 billion. We are grateful for his brand of leadership. I look forward to working with him in my capacity as Chief Executive Officer of Filinvest Land to further bolster our real estate segment,” said Gotianun Yap.
The real estate developer said Las Marias was behind Filinvest Land’s stronghold in Visayas and Mindanao where residential sales increased by over a compounded annual growth rate of 30 percent over the course of 15 years under his guidance as business group head.
The company also said that Las Marias was instrumental in the success of Filinvest Land’s various public-private partnership projects, with the government including the 50-hectare City di Mare township in South Road Properties, one of the company’s landmark projects.
“I look forward to continuing working with our talented team in Filinvest Land and the other business leaders of the Filinvest group. I am fully committed to continuing our legacy of building the Filipino dream for families here and overseas. We shall propel forward towards a more sustainable and green future, past the ill-effects of the pandemic, and serve our customers, employees, business partners, shareholders, and all our stakeholders,” said Las Marias.