Corporate Governance Committee

Committee roles and responsibilities

The Corporate Governance Committee assists the Board in fulfilling its corporate governance responsibilities, and 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
Member	Ignacio R. Bunye Independent Director
Member	Ramon R. Del Rosario, Jr. Non-Executive Director

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

¹Committee chairman and member until Apr. 27, 2022
²Committee member until Apr. 21, 2021
³Committee 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 2021 performance. The survey found the Committee to have performed its duties and responsibilities effectively.

Committee Charter

Click here to read the Corporate Governance Committee charter.