For her sterling performance in leading and sustainably managing the Land Bank of the Philippines (Land Bank) since 2006, Mrs. Gilda E. Pico was chosen as ADFIAP’s 2015 CEO-of-the-Year awardee. She was honored during the Welcome Dinner and Awards Night on May 12, 2015 held in Nha Trang, Vietnam.
Mrs. Pico is the first woman President and CEO of Land Bank and the first Land Banker in a career position to be appointed as head of the institution. She is regarded as one of the pillars of Land Bank, having contributed significantly in making it the country’s premier financial institution in the countryside today.
She joined Land Bank in 1981 as assistant vice president and gradually moved up to key positions until her appointment as full-fledged President and CEO in 2006. Since she assumed office, Land Bank has remained among the country’s top 5 universal banks with its unique role of promoting countryside development. She is focused on expanding the Bank’s credit outreach to its priority sectors, primarily farmers and fisher folks, microenterprises and SMEs, rural banks and agriculture.
Under her leadership, Land Bank has continuously strengthened its financial base, with net income growing to Php 12.1 billion in 2014 from Php 3.5 billion in 2006; and asset of Php 1.05 trillion from Php 362.4 billion. Mrs. Pico has also introduced major systems innovations and strategic partnerships that contribute to the Bank’s support to the Government’s centerpiece development programs and platforms for inclusive growth. With her at the helm, Land Bank has bagged numerous local and international awards. The most recent of which is the prestigious “Bank of The Year” award for the Philippines in 2014. She was also named one of the country’s outstanding entrepreneurs at the Asia Pacific Entrepreneurship Awards, a coveted award that honors outstanding business leaders in the region.
Mrs. Pico, a Certified Public Accountant, graduated Magna cum laude with a degree in Bachelor of Science in Commerce from the College of Holy Spirit. She finished her Masters in Business Administration at the University of the East.
The “Outstanding CEO Award” is given to a practicing chief executive officer whose singular talent, leadership, vision and achievement, in the judgment of the Awards Board, stands out among the other nominees for the award. Without focusing on the size of the institution, the judges assess the stature of the individual, the positive effect that the person’s leadership has had on his or her institution, and the impact this leader’s decisions have had on the development banking profession, in particular, and on the development of the country, in general.