Personnel and Compensation Committee

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 2021 - 2022)

ChairmanFernando Zobel de Ayala
Non-Executive Director
MemberIgnacio R. Bunye
Independent Director
Aurelio R. Montinola III
Non-Executive Director
Antonio Jose U. Periquet
Non-Executive Director
Maria Dolores B. Yuvienco
Independent Director



During 2020, 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

April 03, 2008

12/125

100%

12.7

Member

Gerardo C. Ablaza, Jr.1

April 20, 2017

3/36

100%

3.0

Member

Romeo L. Bernardo2

April 03, 2008

2/36

67%

12.7

Member

Aurelio R. Montinola III

April 18, 2013

11/125

92%

7.7

Member (ID)

Antonio Jose U. Periquet3

April 25, 2019

12/125

100%

1.7

Member (ID)

Ignacio R. Bunye4

April 23, 2020

9/95

100%

0.7

Member (ID)

Maria Dolores B. Yuvienco4

April 23, 2020

9/95

100%

0.7

1 Committee member until 23 April 2020
2 Committee member (ID) April 2008 to April 2019; Committee member (NED) April 2019 until April 22, 2021
3 Committee member (ID) from April 2019 to April 22, 2021
4 Committee member effective 23 April 2020
5 Includes Joint PerCom & ExCom & Joint PerCom & NomCom Meetings
6 Includes Joint PerCom & ExCom Meeting


Committee Performance


As part of the annual Board effectiveness review, a separate exercise was conducted to assess the Committee’s 2020 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.