BDO clinches 5 Golden Arrow Award

BDO clinches 5 Golden Arrow Award
Excellence in Corporate Governance. In photo: Justice Estela P. Bernabe (Ret), BDO Unibank’s Independent Director and Corporate Governance Committee Chairperson, received the 5 Golden Arrow Award from Institute of Corporate Directors (ICD).  Present at the awarding were (From L-R): Atty. Pedro Maniego Jr., FICD Chairman; Roel Refran, Executive Vice President and Chief Operating Officer of Philippine Stock Exchange; SEC Chairman Emilio B. Aquino; Ida Ceniza-Tiongson, FICD Vice Chairperson; and Ma. Victoria Espano, FICD Treasurer.


BDO Unibank Inc. (BDO) was honored with the prestigious 5 Golden Arrow Award, the highest recognition for Corporate Governance, from the Institute of Corporate Directors (ICD) at the 2024 ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards.

This award is granted to top publicly listed companies scoring at least 80 points in the ACGS assessment, which comprises 184 questions based on publicly available information from company websites. The scorecard evaluates companies on key governance principles, including protecting shareholder rights, equitable treatment of shareholders, transparency and accountability through timely information disclosure, board performance, and the board’s accountability to the company and shareholders. Higher scores indicate a stronger alignment with the Philippine Code of Corporate Governance and internationally recommended governance standards outlined by the ACGS.

“This accolade embodies BDO’s commitment to excellence in corporate governance. We consistently enhance our corporate governance processes and policies to achieve sustainable success and long-term value for our stakeholders,” said Nestor V. Tan, President and CEO of BDO Unibank.  










About BDO

BDO Unibank, Inc. (BDO) is a full-service universal bank which provides a wide range of corporate and retail services such as loan and deposit products, treasury, trust banking, investment banking, private banking, rural banking and microfinance, cash management, leasing and finance, remittance, life insurance, property & casualty insurance brokerage, cash cards, credit cards, and online and non-online stock brokerage services. BDO has the country’s largest distribution network, with over 1,700 consolidated operating branches and more than 5,700 teller machines nationwide. It also has 16 international offices (including full-service branches in Hong Kong and Singapore) in Asia, Europe, North America and the Middle East. The Bank also offers digital banking solutions to make banking easier, faster, and more secure for its clients. BDO ranked as the largest bank in terms of total assets, loans, deposits and trust funds under management based on published statements of condition as of June 30, 2024. For more information, please visit www.bdo.com.ph.

BDO is regulated by the Bangko Sentral ng Pilipinas (https://www.bsp.gov.ph). The BDO, BDO Unibank and other BDO-related trademarks are owned by BDO Unibank, Inc. All Rights Reserved.

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