SOUTH Asialink Finance Corp. (SAFC), one of the leading and fast-growing nonbank financial institutions in the Philippines, marked a significant milestone at its 2024 joint annual stockholders' meeting with its subsidiary company, Wisefund Finance Corp. (WFC), at The Westin Manila in June 2024.
SOUTH Asialink Finance Corp. , one of the leading and fast-growing nonbank financial institutions in the Philippines, marked a significant milestone at its 2024 joint annual stockholders' meeting with its subsidiary company, Wisefund Finance Corp.
, at The Westin Manila in June 2024.For two decades, SAFC transformed lives and propelled financial success for Filipinos, culminating in a landmark event attended by esteemed executives, shareholders and directors.Among the distinguished guests were the company's Chairman Ruben Lugtu II, Vice Chairman William Uy, Chief Executive Officer and Executive Director Robert Jordan Jr., and newly elected directors from Creador: Omar Mahmoud and Maynard Mendoza. South Asialink Finance Corp. Chairman Ruben Lugtu II, Vice Chairman William Uy, Chief Executive Officer Robert Jordan Jr., President and Managing Director Joel Cruz, Wisefund Finance Corp. Chairman Antonia Lugtu, WFC President and CEO Joel Golaw along with SAFC and WFC Board of Directors convene for the 2024 joint annual stockholders’ meeting. CONTRIBUTED PHOTOThe occasion also honored the late Ruben Lugtu Sr., whose early support was pivotal to SAFC's achievements.Aligned with its 20th anniversary, SAFC's 2024 Annual and Sustainability Report adopted the theme '20 Years of Making Filipino Lives and Our Earth Better.'This theme depicted SAFC's commitment to sustainability, aiming to make a significant social and environmental impact across the country.Despite challenging economic conditions in 2023, with the Philippine economy resiliently expanding by 5.6 percent, SAFC demonstrated robustness and agility, achieving notable milestones that mirrored the nation's growth.Notably, refinancing initiatives contributed significantly to a 14.5-percent increase in total disbursements, totaling P3.55 billion compared to the previous year.The company's journey was far from over, and SAFC would keep paving the route for success in the financial services sector with strong leadership and dedication.
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