Margarita "Margot" Lim Vargas Osmeña (born July 25, 1949)[1] is a Filipino politician who served as a member of the Cebu City Council from 2010 to 2019.

She is married to former mayor of Cebu City Tomas Osmeña.

A member of the Vargas clan of Panay and Negros islands, Osmeña was born in Japan and lived there for one and a half years.

[2][3][4] She grew up in Manila, where she finished her studies, then moved to the United States where she stayed for eight years.

[4] She first ran as a city councilor in the 2010 elections when her husband was term-limited as mayor, and went on to serve for three consecutive terms until 2019.