Security Bank Corp. receives ICD for Corporate Governance

June 11, 2012 9:46 pm 

Security Bank Corporation (PSE:SECB) is given the Silver Award as one of the Top-scoring Publicly-Listed Companies (PLCs) by the Institute of Corporate Directors’ (ICD) in its 2011 Corporate Governance (CG) Scorecard. The CG Scorecard recognizes companies that promote good corporate governance practices beyond compliance based on the principles of accountability, transparency, and integrity. The 2011 Corporate Governance Scorecard is a joint project of the ICD and the Center for International Private Enterprise (CIPE) in Washington, D.C. Photo shows Security Bank President and CEO Alberto Villarosa (2nd from left) receiving the Silver Award for the bank during the 9th Annual Dinner held at the Rigodon Ballroom of The Peninsula Manila on May 30. Joining him are (from left) ICD Chairman Jesus Estanislao, Securities and Exchange Corp. (SEC) Chairperson Teresita Herbosa, and Philippine Stock Exchange (PSE) President and CEO Hans Sicat. (PNA photo courtesy of Security Bank Corp.)


One Response to “Security Bank Corp. receives ICD for Corporate Governance”

  1. joseph st john on June 12th, 2012 7:28 am

    No wonder Pres. Aquino has received low approval rating since he refused to sign a waiver disclosing his bank accounts. By doing so the Filipino people suspects he is hiding something. For the sake of transparency in public service he needs to set an example for all public officials to declare their SALN with a separate waiver. This way they are not hiding skeletons in their closets.