Corporate Governance Board Committees

Board Committees

Board Committees

Board Committees

  • Executive Committee

    Receives reports on the operations of the Company and approves capital expenditures on the basis of the requirement of the Company and laid down strategic plans and actions for the operation of the Company.

  • Nomination Committee

    Reviews the qualifications of all persons nominated for membership to the Board and ensures that each nominee possesses all of the qualifications and none of the disqualifications, as provided in the Company's Revised Manual on Good Governance and Amended By-Laws.

  • Compensation and Remuneration Committee

    Determines the remuneration packages of corporate directors and officers.

  • Audit Committee

    Reviews the annual and quarterly financial reports of the Company. In reviewing the financial reports of the Company, the Committee determines whether said reports are compliant with accounting standards as well as with tax, legal and regulatory requirements.

Board Committee Memberships

  • Executive Committee

    Jerry M. Navarrete, Chairman
    Benjamarie Therese N. Serrano, Member
    Frances Rosalie T. Coloma, Member
    Manuel Paolo A. Villar, Member
    Florence R. Bernardo, Member
    Sheila Joy L. Sanchez, Member

  • Nomination Committee

    Manuel B. Villar, Jr., Chairman
    Raul N. Esteban (Independent Director), Member
    Joel L. Bodegon (Independent Director), Member

  • Compensation and Remuneration Committee

    Jerry M. Navarrete, Chairman
    Raul N. Esteban (Independent Director), Member
    Joel L. Bodegon (Independent Director), Member

  • Audit Committee

    Raul N. Esteban (Independent Director), Chairman
    Joel L. Bodegon (Independent Director), Member
    Benjamarie Therese N. Serrano, Member

Board Committee Chapters