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Richmond Mercurio - The Philippine Star
December 9, 2025 | 12:00am
MANILA, Philippines — SM Investments chairman emeritus Jose Sio has been named an honorary life member of the Philippine Institute of Certified Public Accountants (PICPA), the accredited professional organization of certified public accountants.
Sio was recognized 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,” Sio said.
“I am privileged to be part of organizations, like the SM Group, that view the field as a crucial part of the company’s growth journey,” he said.
Sio also received 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.
He served as chief financial officer in 1990 and later as chairman of the board for SM Investments in 2017.
During his tenure as CFO at SM Investments, 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 the Financial Executives Institute of the Philippines in 2009, CFO of the Year (Philippines) from Hong Kong-based The Asset magazine in 2010 and one of the Best CFO at the Finance Asia Awards in 2011.
Sio was likewise instrumental in the public listing of SM Investments in 2005, which allowed the company to expand.
Concurrent with his role as chairman emeritus at SM Investments, Sio is also a director at China Banking Corp., Atlas Consolidated Mining and Development Corp. and NLEX Corp.
He also currently serves as a board adviser at BDO Unibank, chairman and president of SM Foundation Inc. and a trustee at Far Eastern University Inc. and Asia Pacific College.
Hailing from Iloilo, Sio earned a degree in Commerce, majoring in Accounting from the University of San Agustin in Iloilo City. He also completed his master’s degree in Business Administration from New York University in the United States.

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