SM Supermalls President Steven Tan was named grand winner for Global Filipino Executive of the Year in the 2022 Asia CEO Awards.

The Asia CEO Awards annually honors Filipino companies, entrepreneurs, and executives that have made a positive impact on society. Finalists are included in a Circle of Excellence from which a grand winner is chosen.

"We are simply people helping other people, and giving back to our communities has always been a part of SM's mission and DNA," Steven Tan, President of SM Supermalls, said.

Under the leadership of Tan, SM Supermalls withstood the difficulties of the pandemic and rebounded as the economy slowly opened up amid the global health crisis.

SM said that the company managed to recover its mall revenue, occupancy, and foot traffic targets, while being a key player in the local government units' fight against COVID-19 with tests and 10.5 million vaccines delivered nationwide.

"On behalf of SM Supermalls and the Sy family, I am honored and grateful to receive this recognition, and I dedicate this to our team, the Sy family and Mr. Henry Sy for his inspiration," Tan said.

"With this award, we at SM Supermalls promise to remain committed in serving our communities, constantly evolving and innovating to build a better future for the Filipinos."

Amid challenges, the mall chain continued to be a top choice for market entry of new global brands to the Philippines, with the opening of one of the largest IKEA stores in the world at the SM Mall of Asia Complex in Pasay City.

The announcement of the winners of the 2022 Asia CEO Award was held last October 11 at the Manila Marriott Grand Ballroom.