Board of Directors
The qualifications, composition, nomination and selection of the Board of Directors are consistent with leading practices, and are aligned with the provisions of its Articles of Incorporation and By-Laws. Two out of the seven directors of the Company’s Board of Directors, or twenty eight percent (28%), are Independent Directors. This is more than the requirement under the law, requiring covered companies to have Independent Directors constituting at least two or twenty percent (20%) of the members of the Board, whichever is lesser.
Chairman
Jimmy T. Yaokasin
Vice Chairman
Atty. Gladys N. Nalda
President & CEO
Edita S. Bueno
Independent Director
Bernard B. Rabanzo
Director
Our Governance Team
The Board of Directors
Board Committees
The Company’s Board Committees consist of the following: Nomination and Compensation Committee, Audit Committee, and Executive Committee. Members of the Board Committees are the duly elected directors of the Company’s Board of Directors as regular members
Executive and Governance Committee - Provides strategic directions and governance policies in relation to Management activities in the areas of managing credit, market, liquidity, legal and other operational concerns.
Chairman
Risk Oversight Committee - Responsible for the development and oversight of Risk Management Program for the Company.
Atty. Gladys N. Nalda
Member
Carlos Jericho L. Petilla
Committee Chair
Nomination and Compensation Committee - Pre-screens and shortlists all candidates nominated to become a member of the Board of Directors in accordance with the qualifications and disqualifications enumerated in the By-Laws. Establishes a formal and transparent procedure for developing a policy on executive remuneration of corporate officers and directors, and provide oversight over remuneration of senior management and other key personnel ensuring that compensation is consistent with the Corporation’s culture, strategy and control environment.
Carlos Jericho L. Petilla
Member
Management Team
The Company’s Management Team consists of the following: President and CEO, Chief Legal Officer, Chief Compliance Officer, Chief Finance Officer, Chief Admin Officer and Chief Public Relations Officer. The team is responsible for managing credit, market, liquidity, operational, legal and other risks of the Corporation.
