The Institute of Corporate Directors (ICD), the country’s leading organization dedicated to advancing corporate governance, has recognized the Bank of the Philippine Islands (BPI) for responsible stewardship in the conduct of its business.
(L-R): Atty. Jose Tomas Syquia, Securities Law & Procurement Consultant, Atty. Maria Paz A. Garcia, BPI Chief Compliance Officer, and Ida Ceniza-Tiongson, ICD Vice Chairperson.
BPI’s Chief Compliance Officer, Atty. Maria Paz Garcia and Corporate Governance Officer Don Cesar Teodoro Sevilla II, received the award on behalf of the Bank.
“This recognition affirms our commitment to our stakeholders and underscores our aspiration to be a center of excellence in corporate governance,” said Garcia.
“Our goal is to ensure that our risk-adjusted profitability continues to exceed past year’s levels and remains high over the next months, heading into 2026, underpinned by our franchise as a bank that anchors its operations on the highest standards of corporate governance, responsible stewardship and value-driven management,” she added.
Established in 2019, the ICD’s Golden Arrow Awards recognizes five levels of top performance in corporate governance based on the ASEAN Corporate Governance Scorecard (ACGS) ratings. Each ascending level is recognized by an increasing number of golden arrows, with the highest possible ACGS score of 115 to 130 points receiving a 5-arrow recognition.
BPI, with a score in the range of 105 to 114 points, was awarded a four-arrow recognition and ranked in the top tier of the ACGS Financial Sector covering publicly-listed Philippine banks.
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