Robinsons Land Corp. (RLC), the property arm of the Gokongwei Group, has appointed Maria Socorro Isabelle V. Aragon-GoBio as its first-ever female president and CEO.

Effective February, Mybelle Aragon-GoBio will succeed Lance Y. Gokongwei, who will step down from his role as President and CEO but will continue to serve as Chairman of the Board.

Robina Gokongwei-Pe will also step down as a director, completing a seamless transition to new leadership.

"Ms. Aragon-GoBio brings a wealth of experience, deep industry expertise, and a forward-thinking vision that will propel Robinsons Land Corporation into its next chapter of growth and innovation," the company said in a stock exchange filing on Monday.

Her leadership is expected to drive operational excellence, customer-centric solutions, and sustainable development, reinforcing RLC’s commitment to long-term value creation for stakeholders.

Aragon-GoBio's appointment highlights RLC’s commitment to diversity and nurturing local talent.

With over 30 years of experience in real estate, she has held key roles in logistics, residential, office developments, and mixed-use estates.

Currently, Aragon-GoBio serves as a director of LIPAD (Luzon International Premier Airport Development Corporation) and Altus Property Ventures, Inc. (APVI), further solidifying RLC’s strong position in the property sector.

She holds a degree in Management Engineering from Ateneo de Manila University, with a minor in International Business from the University of Antwerp.

In 2011, she ranked among the top performers in the Real Estate Broker Licensure Examination.

During the first nine months of 2024, RLC reported a net income of P10.01 billion, up from P8.86 billion in the same period last year.

The company’s investment portfolio, which includes malls, offices, hotels, and warehouses, saw a 14 percent revenue increase, bringing in P24.05 billion compared to P21.09 billion in 2023. This segment accounted for 77 percent of RLC’s total revenues.

Meanwhile, the development portfolio, including residential and land sales, generated P7.37 billion in realized revenues.

In September, RLC transferred 13 assets worth P33.92 billion to Robinsons Consolidated Realty (RCR) in exchange for 4.98 billion RCR shares. This was the largest multi-asset infusion by a Philippine real estate investment trust, increasing RCR’s total gross leasable space to 828,000 square meters.