SGV at 70: Empowering women and paving the way for parity

In line with the celebration of International Women’s Day on 8 March 2016, we recognize our women partners, whose success embody SGV’s pledge for parity and whose hard work and passion set an example for the Firm’s next generation of business leaders.

Of our 99 active partners, 47 are women. Five of them are members of the SGV Management Committee: Professional Practice Director and Risk Management Head Lucy Lim-Chan, Market Group (MG) 1 Leader Jessie Cabaluna, MG 4 Leader Daks Balili, MG 5 Leader Vicky Lee-Salas, and MG 6 Leader Vivian Cruz-Ruiz.

The first woman to be admitted into the partnership was Linda Villanueva in 1961, 10 ½ years after she joined the firm. She was also one of the founding trustees of the SGV Foundation, and still serves as the treasurer and an Investment Committee member today.

Her biographer writes: “From day one at SGV, Linda noticed that SGV was a company that had no gender bias. In fact, ‘it provided equal opportunities for its professional image019.jpg@01D17B9Dstaff – male and female, to reach the top – which was partnership.’… During those times, that a woman should be given recognition as partner in an accounting firm such as SGV was eyebrow-raising, so to speak. And SGV was then regarded as breaking the ceiling, or having a forward-looking philosophy.”

SGV Fact: Did you know?

By the time of SGV’s 50th anniversary in 1996, women composed 61% of the staff and four major practice groups (banking, corporate finance consulting, computer risk management, and branches) were headed by women partners.