BDO, one of Asia’s icons on corporate governance
Corporate Governance Asia awarded BDO with the Asia’s Icon on Corporate Governance for the 14th time. The icon award recognizes the best of the best in corporate governance (CG) in Asia for setting the benchmark of what CG should be.
The country’s largest embedded in Asia, which bank also took home the in many ways, serves as Asia’s Outstanding Company an attractive proposition on Corporate Governance for investors to park Award for its their capital in this region,” consistently high CG said Corporate standing, while BDO Governance Asia Founder Chairperson Teresita SyCoson and Publisher Aldrin and President & Monsod. “Corporations CEO Nestor V. Tan were here have adopted and co-awarded with the continue to adapt to the Asian Corporate Director best international practices Recognition Award for that have made their exemplary leadersh Asia an important investment i p . destination for
“Corporate governance global fund managers.” is now deeply For Tan, CG is valuable in maintaining a
healthy, financiallysound, and well-managed bank. “It is a key driver towards our sustainable growth and long-term value creation,” he said.
BDO’s CG practice is recognized as one of the best in the Philippines. With a high score on the ASEAN CG Scorecard, the bank is one of the Top 50 ASEAN Publicly-Listed Companies in Corporate Gover nance.
Having an award-winning CG practice bodes favorably among foreign investors. BDO has received an over subscription in its capital market offerings, one of the clear indications that it is a good credit risk as an issuer.
“We are always looking out for our clients. To serve them in the best possible way, we constantly evolve our CG practices to support the requirements of the changing business landscape, comply with new regulations, and align with international best practices,” added Tan.
Corporate Governance Asia publishes news and analysis on CG issues, boardroom practices, and shareholder activism. Now on its 14th year, its Best of Asia Awards celebrates the success of companies that adhere to the highest CG standards. Awardees have integrated effective Environmental, Social, and Governance (ESG) practices across their business. They are also awarded for the quality of their management, their business model, growth prospects, financial performance, and relative position in their industries.
“Part of getting recognized entails the responsibility to maintain our performance and if possible, exceed it. We welcome this challenge in keeping with our We Find Ways service philosophy, knowing that our clients stand to benefit further from our improvements,” concluded Sy-Coson.
( Press Release)
EXEMPLARY LEADERS. Teresita Sy-Coson, chairperson, and Nestor V. Tan, president and chief executive officer of BDO Unibank, Inc., were bestowed with the Asian Corporate Director Recognition Award by Corporate Governance Asia. Also during the 14th Best of Asia Awards, BDO was also given the prestigious Asia’s Icon on Corporate Governance Award and the Asia’s Outstanding Company on Corporate Governance Award.