5 months Asia’s longest-serving directors can be found in PH listed firms MB |Biz
    Family-led enterprises are common across Asia yet the Philippines takes such control to the extreme. Philippine companies have the region’s oldest directors and the longest board tenures as owners and their trusted advisers keep tight hold on the reins of banking, property and retail giants. This has implications in the region’s push for greater board diversity. Corporate directors in the country sit on boards for an average 10.6 years, more than four years beyond the average of 6.5 years in Asia-Pacific, according to data compiled by Bloomberg from more than 5,200 listed companies. The average age of ... more