(From left) ICD chairman Pedro Maniego Jr., Philippine Stock Exchange COO Roel Refran, Chinabank CFO Patrick Cheng and independent director Genaro Lapez, Securities and Exchange Commission chairman and COO Emilio Aquino and ICD vice chairperson Ida Ceniza-Tiongson and treasurer Ma. Victoria Españo
Chinabank continues to be among the best-governed publicly listed companies in the Philippines, winning for the third year in a row the highest recognition for governance excellence, the Five-Golden Arrow Award of the Institute of Corporate Directors (ICD).
Only five companies received ICD’s plum award this year, of which four are members of the SM Group: Chinabank, BDO, SM Investments and SM Prime Holdings. Chinabank is the only bank to win Five Golden Arrows for the third time.
This is a testament to its unwavering commitment to upholding the highest governance standards, according to Chief Finance Officer Patrick Cheng.
Chinabank is the country’s fourth largest private universal bank. For its beyond-compliance approach, Chinabank was named by ACMF in 2022 as one of the Top 20 in ASEAN and one of the Top 3 in the Philippines in corporate governance and as an ASEAN Asset Class.
