Committee roles and responsibilities

The Corporate Governance Committee assists the Board in fulfilling its corporate governance responsibilities. It ensures the Board's effectiveness and due observance of sound corporate governance principles and guidelines, and its oversight of the Bank's corporate governance practices as embodied in the Bank's Articles of Incorporation, By-Laws and Manual on Corporate Governance and with respect to laws, rules and regulations on corporate governance issued by the BSP, SEC, PSE and other regulatory bodies.

Committee Composition (Term 2022-2023)
Chairman Emmanuel S. de Dios
Independent Director
MemberIgnacio R. Bunye
Independent Director
Ramon R. Del Rosario, Jr.
Non-Executive Director
Committee Members Meeting Attendance

During 2021, the committee members attended meetings as set out in the following table:

Office

Name

Date of Appointment

Attendance / Meetings

%

Years served on Committee

Chairman (ID)

Cesar V. Purisima1

Apr. 22, 2021

3/3

100%

0.7

Member (ID)

Ignacio R. Bunye

April 14, 2016

4/4

100%

5.7

Member

Ramon R. Del Rosario, Jr.

Apr. 22, 2021

3/3

100%

0.5

Member (ID)

Maria Dolores B. Yuvienco2

April 10, 2014

1/1

100%

7.0

Member

Mercedita S. Nolledo3

Apr. 06, 2006

1/1

100%

15.0

1 Committee chairman and member until Apr. 27, 2022
2 Committee member until Apr. 21, 2021
3 Committee member until May 18, 2021

Committee Performance

As part of the annual Board effectiveness review, a separate exercise was conducted to assess the Committee’s 2022 performance. The survey found the Committee to have performed its duties and responsibilities effectively.

Committee Charter
Corporate Governance Committee Charter

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