Retired Justice Estela Perlas Bernabe, BDO Unibank’s Independent Director and Corporate Governance Committee Chairperson, received the 5 Golden Arrow Award from Institute of Corporate Directors (ICD). Handout

MANILA -- BDO has received the 5 Golden Arrow Award--the highest award for good corporate governance--from the Institute of Corporate Directors.

The award is presented to top publicly listed companies who excel in terms of shareholder rights facilitation, equitable treatment of shareholders, transparency and accountability through timely disclosure of information and board performance, and the board’s accountability to the company and the shareholders.

The companies are scored based on their publicly available disclosures. The Golden Arrow Award is presented to top publicly listed companies that achieved a score of at least 80 points in the ASEAN Corporate Governance Scorecard assessment. 

A higher score means better conformity with the requirements of the Philippine Code of Corporate Governance and internationally recommended corporate governance practices.

"We consistently enhance our corporate governance processes and policies to achieve sustainable success and long-term value for our stakeholders,” said BDO President and Chief Executive Officer Nestor V. Tan.

BDO's net income climbed 12 percent to P60.6 billion from January to September 2024.

BDO net income up 12 pct from Jan-Sept

FROM THE ARCHIVES: