2019 August – BDO Unibank, Inc. was again honored at the recently held Asian Excellence Awards, bagging highly-coveted titles such as Asia’s Best CEO, Best Investor Relations Company, and Best Corporate Communications.
BDO Hong Kong branch head Nancy Estrada receives the award from Corporate Governance Asia founder, managing director and publisher Aldrin Monsod.
BDO’s chairperson Teresita Sy-Coson and president and CEO Nestor V. Tan were chosen as Asia’s Best CEOs (Investor Relations) for their superior leadership and excellence in driving the overall management and growth of the Bank.
Meanwhile, BDO executive vice president and head of Investor Relations & Corporate Planning Luis S. Reyes Jr. was awarded Best Investor Relations Professional (Philippines). The Best Investor Relations Professional is given to those who excelled in keeping investors well-informed about the developments in their company. Investor relations is critical to generating shareholder value for investors.
Spearheaded by Corporate Governance Asia, the 9th Asian Excellence Awards is a highly-coveted recognition for corporates that have adopted the highest standards of ESG (Environmental, Social, and Governance) in the way they operate and grow their businesses.
Winners for this year were picked from several countries across the region, including China, Hong Kong, India, Japan, Korea, Indonesia, Malaysia, Singapore, Taiwan, Thailand, Vietnam, and the Philippines.
Strategically linked to its corporate vision and core values, corporate governance is an integral part of BDO’s operations. From mere compliance, the country’s largest bank* has successfully put in place a framework, policies, committees, and initiatives that not only strengthened its financial position but also enhanced its reputation among its shareholders and foreign investors.
BDO’s corporate governance philosophy–empowerment with accountability–“gives its leaders the freedom to move the business forward without undue restraint but are expected to act with due care, responsibility, and accountability,” the bank told to Corporate Governance Asia. As such, BDO is able to deliver its commitment to its shareholders: sustainable corporate growth and long-term value creation.
“When we set out on our mission to honor Asia’s finest executives and corporates, we embark on a journey to enhance their standards of corporate governance, and through this advocacy to institutionalize the best practices across the region, we recognize that they key to long-term sustainability and success of companies us having a solid reputation in the market and exemplary business models, and how they are applied and conducted in accordance with the highest principles of corporate governance,” Mr. Aldrin Monsod, founder, managing director and publisher of Corporate Governance Asia said in honoring this year’s winners.
*As of March 31, 2019, BDO Unibank, Inc. ranks as the country’s largest bank in terms of total assets, loans, deposits, and trust funds under management based on published statements of condition.