PNB among top companies in corporate governance

PHILIPPINE National Bank is ranked among the country’s top companies and one of the top scorers in the 2019 ASEAN Corporate Governance Scorecard (ACGS) of the Securities and Exchange Commission (SEC) and the Institute of the Corporate Directors (ICD).

The virtual awarding was held last Jan. 29 via Zoom. The ACGS is a set of questions developed in accordance with corporate governance principles of the Organization for Economic Cooperation and Development (OECD) as well as best corporate governance practices of major publicly listed companies in the ASEAN.

“We are delighted to be cited among the top companies in terms of corporate governance,” said PNB Chairman Florencia G. Tarriela. PNB Vice-Chairman Felix Enrico R. Alfiler added that, “This recognition proves that PNB continues to raise the bar of good governance and ensures the interest of all its stakeholders to achieve longterm and sustainable growth.”