Mr. Andrew L. Gotianun, Sr. was born in Cebu and founded Filinvest Land, Inc. (FLI) which grew out of Citation Homes that was incorporated in November 1989 and changed its name to FLI in July 1993. One month later FLI began commercial operations as a subsidiary of Filinvest Development Corporation (FDC).

FDC itself was the consolidation of other real estate interests together with former shares in Family Bank and Trust Company plus the Insular Bank of Asia and America that were all owned by the Gotianun Family. Three years before FLI was born, FDC had already expanded its product line to include the development and sale of low-cost and medium-cost housing units.

EastWest Bank, also a subsidiary of FDC, was established in 1994 as a sister company of FLI.

FLI continues to have major real estate developments in the Philippines. Sales of first class condominiums, condotels, houses and lots located in prime areas with planned communities that include recreational and entertainment facilities, landscaped gardens, shops and restaurants are available in many areas of Cebu and around the country.