Globe President and CEO Ernest Cu has been hailed as the Philippines’ Best CEO by FinanceAsia.
Cu bagged the top spot in the Best CEO category with 23 points according to the survey conducted by FinanceAsia, a leading publisher of financial news in the Asia Pacific region.
The survey asked 180 portfolio managers and buy-side analysts from around the world on their views of listed companies in Asia with the best senior executives.
“The host of citations from FinanceAsia underscores our commitment to achieve remarkable results not only in terms of financial performance but also in adhering to the principles of good corporate governance, corporate social responsibility and investor relations. I am deeply honored that Globe has been recognized for our remarkable efforts in the industry,” said Cu in a media statement.
Cu emphasized that the recent success of Globe was at the heels of the company’s purpose-led transformation to become a better organization ready for the future. Anchored on its corporate vision of leading a Philippines where families’ dreams come true, businesses flourish and the nation is admired, the company defined its purpose moving forward to treat people right by creating a Globe of Good. Globe aspires to be an industry leader with purpose, helping customers discover new ways to enjoy life.
Cu is the only Filipino executive to be ranked in the 2016 Global Telecoms Business Power 100.
Under Cu’s leadership, Globe has remarkably gained market share every year over the last 5 years despite intense industry competition and a well-entrenched incumbent. Following its massive network modernization program in 2011, Globe saw unprecedented business growth driven by game-changing initiatives including a digital lifestyle play, innovative offers and content partnerships with iconic global brands, underpinned by a robust 3G and 4G network nationwide. Staying ahead of the digital game, Globe has aggressively rolled out its LTE network to cover the whole of NCR and key commercial areas in the country. Launching its first world internet campaign last year, Globe is steadfast in its objective to improve the state of the country’s internet and allow as many Filipinos access to affordable internet services.