Forbes power list has Ayala Land chief

Ayala Land's first female CEO, Anna Ma. Margarita Dy, was named among 2023 Asia's Power Businesswomen in the latest Forbes list honoring 20 successful female leaders across the Asia-Pacific region.

The list contains names of executives who operate in a broad range of industries including finance and banking, property, technology and commodities.

Dy took the helm at Ayala Land in October, becoming the first female CEO of the Philippines' second-largest property developer by market value.

Forbes said her appointment comes as the company accelerates the launch of residential projects to meet surging housing demand.

Dy is part of the company in the past 18 years ago and has been on the management committee since 2008.

Prior to her role as CEO, she oversaw many of the firm's luxury housing projects as chief operating officer and head of its residential business group.

Other trailblazers in the list are:

Alice Chang, founder and CEO of Taipei-based beauty tech firm Perfect Corp.

The company's key product evolved from photo-editing software to AI and ARpowered services that allow online shoppers to virtually try on makeup, hair colors, jewelry and other products. Today, over 600 brands use Perfect's technology, including some of the world's largest beauty companies;

Makiko Ono, the first female CEO of Suntory Beverage & Food, the listed arm of Suntory Holdings. Ono is also the first woman to head a Japanese company with a market cap of over 1 trillion yen or $7 billion.

An early founding member of Chinese e-commerce giant Alibaba Group, Trudy Dai was recently appointed CEO of its Taobao and Tmall shopping sites after the company announced in March its decision to split into six smaller business units; and Carolyn Choo, CEO and managing director of Worldwide Hotels, joined her billionaire father Choo Chong Ngen's budget hotels chain in 2002, and has led the group's transformation as it expanded into the mid-tier segment and across Asia Pacific.