Chairperson, Novetex Textiles
Insular Life Insurance
Nina D. Aguas has for several decades been blazing a trail for female leaders in the Philippines banking industry. Her career has been a series of firsts. She was the first country manager for Citibank in the Philippines, as well as the first female managing director at ANZ Retail Bank in Asia Pacific.
Aguas is executive at Insular Life, the largest domestic life insurance company in the Philippines. After a 30-year career in banking, Aguas wanted to turn her sights on building a culture of life insurance in a country where the majority of the population has limited access to financial services.
In particular, Aguas has spearheaded Insular Life’s push to promote financial inclusion for Filipino women in partnership with the International Finance Corporation. In 2019, Aguas announced the next phase of the program InLife Sheroes, which promotes wellness and community building alongside financial literacy.
Aguas joined the company as its first female CEO in 2015 and now heads a company that has high female representation at both board and senior management level. Three of Insular Life’s trustees are female, while 12 of the company’s 19-strong senior leadership team are also female, including the company CEO.
She has also spearheaded Insular Life’s push to promote financial inclusion for Filipino women in partnership with the International Finance Corporation. In 2019, Aguas announced the next phase of the program InLife Sheroes.
"As a Filipino financial institution that has been serving the Filipinos for 108 years, we are keen to contribute to the financial inclusion agenda for women in our country. We will provide protection and risk mitigating solutions to women along with investment opportunities. Subsequently, this will help them survive a loss of income or an unforeseen event,” Aguas says.