Personnel and Compensation Charter

Committee roles and responsibilities

The Personnel & Compensation Committee directs and ensures the development and implementation of long-term strategies and plans for the Bank's human resources, in alignment with the Board's vision for the organization.

Committee Composition (Term 2022 - 2023)

Chairman	Fernando Zobel de Ayala Non-Executive Director
Members	Romeo L. Bernardo Non-Executive Director
	Aurelio R. Montinola III Non-Executive Director
	Ignacio R. Bunye Independent Director
	Maria Dolores B. Yuvienco Independent Director

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

Office	Name	Date of Appointment	Attendance / Meetings	%	Years served on Committee
Chairman	Fernando Zobel de Ayala	Apr. 03, 2008	12/12	100%	13.7
Member (ID)	Ignacio R. Bunye	Apr. 23, 2020	12/12	100%	1.7
Member	Aurelio R. Montinola III	Apr. 18, 2013	11/12	92%	8.7
Member	Antonio Jose U. Periquet¹	Apr. 25, 2019	12/12	100%	2.0
Member (ID)	Maria Dolores B. Yuvienco	Apr. 23, 2020	12/12	100%	1.7

¹Committee member until Dec 15, 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 Personnel & Compensation Committee charter.

Personnel and Compensation Committee