MANILA - Seven Filipino businesswomen made it to the Fortune Most Powerful Women Asia (MPW Asia) list.

The highest-ranked Filipina on the list is GCash President and CEO Martha Sazon, who guided the Philippine fintech giant into a $5 billion valuation this year. Sazon was ranked no. 38 on the Fortune list of 100 of the most influential women business leaders in Asia.

Globe Telecom, GCash's parent firm, said Sazon was appointed as CEO during the height of the COVID-19 pandemic and was able to triple its pre-pandemic user base to over 90 million Filipinos in 2023.

GCash is celebrating its 20th anniversary this year, with the app having become virtually synonymous with electronic payments in the Philippines.

Other Filipina business leaders on the list are: 

No. 48 - Robina Gokongwei-Pe - RRHI

No. 67 - Lorelie Quiambao Osial - Shell Pilipinas

No. 73 - Anna Ma. Margarita Bautista Dy - ALI

No. 82 - Lynette V. Ortiz - Landbank

No. 85 - Lourdes Gutierrez-Alfonso - Megaworld

No. 98 - Rhoda A. Huang - Filinvest

Topping the Fortune list is Chinese tech entrepreneur Grace Wang who cofounded Shenzhen-based manufacturer Luxshare, one of the contract manufacturers of iPhones, AirPods, Apple Watches, and Vision Pros with a revenue of $32.8 billion.

Rounding out the top 5 are Helen Wong of Singapore's Oversea-Chinese Banking Corp; Makiko Ono of Jap's Suntory Beverage and Food; Shemara Wikramayanake of Australia's Macquarie Group; and Mitsuko Tottori of Japan's JAL Group.

Fortune said the 2024 MPW Asia list recognizes women who are redefining the concept of leadership by transforming companies, disrupting industries and driving growth, innovation and business excellence, while inspiring their teams, peers, industries and the next generation of leaders.

The business publication said the list includes women executives in 11 nations including China, India, Japan, South Korea, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam and Australia.