Upon completion of this corporate governance training, you will be able to understand: the various main theories that underlie the development of corporate governance; be aware of the impact of the form of legal system, capital market, and ownership structure on the development of corporate governance, etc. MANILA, Philippines — Having effective board directors translate to good corporate governance and better business performance. This event was attended by Meralco’s Corporate Governance Officer and Regulatory Officer. Corporate Governance, Management vs. - Also present were Meralco’s Chief Finance Officer, Comptroller, Corporate Governance Deputy Head, Corporate Governance Officer, Investment Planning Head and Investment Monitoring Head – Betty C. Siy-Yap, Helen T. de Guzman, Gerardo F. dela Paz, Lilian P. Umipig, Wendel A. Mediarito and Aristotle T. Lumague. Meralco took part in the forum as a session sponsor to signify publicly that it is one with ISA in good corporate governance spirit and advocacy. He has raised awareness of the importance of ethical behavior on television, radio, newspaper and magazines. d. Corporate Governance Seminar of Meralco Subsidiaries, MVP Group Directors and Senior Management attend Corporate Governance Enhancement Sessions. Learning about and staying up to date on corporate governance topics is a journey, and one that needs continuous attention. Board directors of public & publiclylisted companies are also required to attend a corporate governance training once a year to be eligible for election / re-election in the board of a corporation. Asian Risk Management Institute managing director Marc Ronez was the resource speaker. The website is operated by NobleProg Singapore Pte. This includes strategic appointment to leverage board member competencies, as well as effective structures and processes. This training is accredited by the Securities and Exchange Commission as a corporate governance topic. Operational Mgmt. 2010 Working Sessions with the Institute of Corporate Directors. Corporate governance is the collection of mechanisms, processes and relations used by various parties to control and to operate a corporation. Corporate Governance Office (CGO) personnel of different publicly-listed companies (PLCs) attended a breakfast roundtable with the theme: “Bringing God Back to the Board Room” on April 25, 2013 at the Manila Golf and Country Club, Forbes Park in Makati City. Maria Leonor "Leni" Robredo of Camarines Sur's 3rd District. This seminar covers issues relating to corporate governance, strategic planning, risk management, internal audit and financial management. Mr. Steve Priest, the founder of Ethical Leadership Group/Global Compliance Services based in New York, USA was the main speaker for the event. 9 - 12 September 2019 ADBI Seminars at 2019 Asia Pacific Social Protection Week ADB Headquarters, Manila, Philippines June 2019 23 - 28 June 2019 Training Program: The Role of Public Policy in Infrastructure Development ADBI, Tokyo, Japan First Philippine Holdings Corporation Initial Tender Offer Report Part 1 of 2 (145.05 kB) Posted on December 4, 2020. ICD leads corporate governance orientations, governance scorecard assessments and working sessions, to get directors and management engaged in corporate work, motivated by good governance principles and practices. To help board directors and key … The afternoon session will feature Jonathan Ravelas, chief market strategist of the largest commercial bank in the Philippines, BDO. This event was attended by Meralco’s Corporate Secretary, Corporate Governance Deputy Head and Corporate Governance Officer - Simeon Ken R. Ferrer, Gerardo F. dela Paz and Lilian P. Umipig. Through the forum’s discussion on the experience of US and global companies, GGAPP is taking steps to heighten corporate governance awareness and advocacy among directors and management personnel to uphold ethical behavior, good governance culture and stakeholder confidence in the Philippines. Directors and Senior Managers who participated in the executive talk represented Metro Pacific Investments Corp. (MPIC), PLDT, PLDT Global, ePLDT, SMART, SPI GLOBAL, DIGITEL, Mediaquest, MERALCO and MERALCO Subsidiaries. Visit our website now! India’s economic reform programme made a steady progress in 1994. The Compliance and MLRO Refresher Programme examines the key risk management issues and topics that are of vital importance in today’s highly-regulated environment. 11 August 2016 – Introduction to Philippine Corporate Governance and Practices attend the briefing, 18 August 2016 – Contemporary Topics in Corporate Governance: Philippine Corporate Governance Blueprint and Enterprise Risk Management 25 August 2016 – Introduction to Fraud Awareness They were from the government and renowned PLCs like MPIC, PLDT, EDC, SMIC and Meralco. You should explore not just the successes but also the failures of boards to examine the best formulas for corporate governance that works. The forum is the eleventh in a series of events and workshops organized by Integrity Initiative to promote ethics, integrity, compliance, and good governance, and to continuously educate the private sector in these areas. The orientation concluded with Meralco Corporate Governance Officer Lilian Umipig presenting the company's corporate governance structure. Corporate Governance vs. Management Accountability Accountability and and Corporate Supervision Corporate Supervision Governance Governance Strategic Strategic Management Management Executive Mgmt. We respect the privacy of your email address. The speaker was His Eminence Luis Antonio Cardinal Tagle, who discussed the importance of corporate governance founded on biblical principles and standards. A large delegation of officers and executives of MERALCO, as well as directors and executives of its subsidiaries were part of those who attended. She owns 1 Lopez Holdings share. Maria Zarah R. Villanueva-Castro, Lilian P. Umipig, Lauro G. Francisco, Lourdes Mary Margaret Y. Ramos and Ma. The Corporate Governance Scorecard (CGS) is a corporate governance rating system designed to raise the standards of corporate governance practices of the GOCCs to be at par with the ASEAN state-owned enterprises. The course is a basic orientation on the concepts and applications of Corporate Governance (CG) as particularly defined under pertinent legislation and administrative issuances in the Philippines. Among the speakers were SEC Chair Teresita J. Herbosa, PSE President and CEO Hans Sicat, ICD Fellow Jonathan Juan Moreno, and MAP President Architect Felino A. Palafox, Jr. List of Corporate Governance certificate and training courses in Philippines. The Institute of Corporate Directors (ICD) is a non-stock, not-for-profit organization dedicated to the professionalization of Philippine corporate directorship by raising the level of corporate governance policy and practice to world-class standards. Meralco joins Institute for Solidarity in Asia’s Public Governance Forum. Further GGAPP Trustees are: Charles Gamo of PSALM, Francis A. Palafox of Energia, Inc., Hazel Rose B. Trainings listed and described are PLDT -organized and do not include externally organized training. Atty. The speakers were His Eminence Luis Antonio Cardinal Tagle, Mr. Guillermo "Bill" Luz of the Philippine National Competitiveness Council and Hon. Philippine corporate governance ecosystem. The workshop aims to instill integrity in Philippine companies. GGAPP is a non-stock, non-profit organization, currently composed of CGO executives and personnel representing 40 Philippine companies from various fields of business and expertise unified by their corporate governance principles and their philosophy that better professionals yield better companies and ultimately, better businesses. PLDT provides continuous corporate governance training for its directors and senior management. If you are interested in running a high-tech, high-quality training and consulting business. A seminar on risk awareness was held at the Meralco Lighthouse, Pasig City on November 19 and 22, 2010. 20 Series of 2016, that recommends publicly listed companies to provide orientation programs for first time directors and relevant annual continuing training for all directors. The Board of Directors participated in a Governance Enhancement course on November 28, 2011, on Regulatory Process and Related Issues on MERALCO's business, as part of its mandate to constantly update itself on evolving structures, legislative framework and regulations of the electric industry. A hundred directors, management personnel and corporate governance practitioners gathered at the forum, including those from government organizations such as the Securities and Exchange Commission (SEC) and Philippine Stock Exchange (PSE). This training was also integrated into the orientation program for new employees of the Company. One of the speakers at the forum Mr. Guillermo M Luz, Co-chair of the National Competitiveness Council, emphasized the importance of employing metrics to gauge progress and success of the institutions’ governance procedures. He discussed PLDT’s unified CG Ethics and Compliance Program, Structure and Process Flow according to the stringent laws and policies enforced by international regulatory agencies governing their group, namely: the NYSE, SEC and PSE. The theme of the workshop was “MAPping a Culture of Integrity in Business: Corporate Governance Best Practices.”. Meralco participated in and became part of the sponsors of the Public Governance Forum held at the Philippine International Convention Center on March 30, 2012. Blue Festin. The Corporate Governance Office was tasked to organize the ensuing event. MANILA, Philippines – Having effective board directors translate to better business performance and governance. Join us in our quest for banking excellence! Cardinal Tagle stressed that an individual’s moral values are closely tied with the success of good corporate or public governance. GGAPP envisions to establish a national culture that forsakes shortcuts, patronage and corruption and instead rewards diligence, perseverance and integrity. Dr. Matthew Tice, Managing Director of the Palladium Group - Asia Pacific, steered the discussion on the significance of a company’s longevity and dynamism, strategy execution and governance. You should explore not just the successes but also the failures of boards to examine the best formulas for corporate governance that works. The scenarios discussed are for useful application by the Directors as they steer the companies towards the strategic objectives of the MVP Group. Directors of the MVP Group of Companies attended a Corporate Governance Enhancement Session on December 2, 2013 at the Makati Shangri-La. Corporate Governance Related Policies; CG Related Policies Brief Descriptions; Insider Trading Policy: Directors, officers and employees are prohibited from trading in the Company’s shares, five (5) trading days before and two (2) trading days after the disclosure of any … Corporate governance in the Philippines is characterized by concentrated ownership by a limited number of family shareholders, within a bank-dominated financial market. Well-designed corporate governance training courses are inspired by the latest research and the examples shown by the world’s best boards. A company-wide orientation on Corporate Governance and the Revised Code of Ethics was conducted last October 12 to November 26, 2010. See list of trainings. The new Code aims to make Philippine corporate governance standards at par with regional and international standards and this Survey would The adoption of CORPORATE GOVERNANCE principles – as good CORPORATE GOVERNANCE practice has already shown in other markets – can also play a role in increasing the corporate value of companies. Information Security Governance and Data Privacy, Violation of the Corporate Governance Rules, Violation of the Code of Ethics and Company Code of Employee Discipline or other similar codes, Financial Malfeasance including those relating to financial fraud and questionable accounting and auditing matters. Join us in our quest for banking excellence! Corporate Governance Office (CGO) and HR personnel of different publicly-listed companies (PLCs) attended a forum with the theme: “The Discipline of Ethics and Compliance” on April 23, 2013 at the AIM Conference Center in Makati City. Meralco and other PLCs attend an Integrity Initiative Forum. The audience and participants to the forum are public sector leaders, among them were BIR Commissioner Kim Henares, San Fernando Mayor Oscar Rodriguez and PNP Chief Nicanor Bartolome. Corporate governance is understandably very high on the public sector agenda. 2001 • The President’s Governance Advisory Council was created • First batch of CG training programs were launched 2002 • CG Training for select group (AICD, Yale) • Philippine SEC Issued a Corporate Governance Code (CG Manual) • Philippines formally adopted the PECC CG Guidelines The GGAPP has members from both the public and private sector. The Institute of Corporate Directors (ICD), which organized the event, is an organization of corporate directors and reputational agents spearheading corporate governance efforts in the Philippines. Corporate Governance Office and Legal personnel attended a forum with the theme: “SEC Reforms to Strengthen an Ethical and Competitive Business Environment” on March 5, 2013 at the Hotel Inter-Continental, Makati City. ISA is headed by former Secretary of Finance, Dr. Jesus P. Estanislao. It amends a 38-year-old Corporation Code in an effort to improve the ease of doing business in the Philippines. She obtained her Bachelor of Laws and her Master of Business Administration from the University of the Philippines, and her Master of Laws at the University of Michigan (Dewitt Fellow). This survey report is conducted by Isla Lipana & Co./PwC Philippines for the Good Governance Advocates & Practitioners of the Philippines (GGAPP).. Respondents were asked about the current practices of publicly listed companies, their readiness to comply, and the changes needed to adapt to the 2016 Code of Corporate Governance for Publicly Listed Companies issued by the Securities and … It promotes systemic and comprehensive reforms at the national level and serves as knowledge base for such reforms in East Asia. 2. 563 dated April 22, 2016. Corporate Executive Mgmt. Does the GOCC have training and development programmes for its employees? GGAPP Organization launched, Induction of Officers held. MANILA, Philippines — Having effective board directors translate to good corporate governance and better business performance. Well-designed corporate governance training courses are inspired by the latest research and the examples shown by the world’s best boards. Corporate Governance and Business Ethics Renu Nainawat1 and Ravi Meena2 1J.D.B. The Corporate Governance Office (CGO) was created on March 16, 2010 to manifest Meralco’s dedication to pursue excellence in corporate governance. Corporate Governance Roadshow and Orientation. The orientation was conducted by the Head of MERALCO’s Regulatory Management Office, Ms. Ivanna G. dela Peña and the Head of Utility Economics, Mr. Lawrence S. Fernandez. The Chief Information Officers Forum (CIOF), in partnership with the Commission on Information and Communications Technology, CIOF Foundation, Inc., and E-Governance for Efficiency and Effectiveness Project (E3) directed the event entitled, Public Service 2.0: From e-Government to e-Governance on June 23, 2010 at the Hotel Intercontinental Manila. Lilian P. Umipig of Meralco and Ma. The Center for Governance (CFG) was established in 1999 as the Academy’s technical excellence and resource center on political and administrative governance. Nitura stressed that in order for CG policies to have value, they are to be embedded in and supported by the company’s business units. Energy Law and Practice This course contains an introduction to the study of the Philippine Electric Power Industry and examines Republic Act No. She is program director of AIM’s Strategic Finance, Finance for Senior Executives and Enterprise-Wide Risk Management Programs. She last attended corporate governance training on September 6, 2019. This event was attended by Meralco’s Corporate Governance Deputy Head and Corporate Governance Officer - Gerardo F. dela Paz and Lilian P. Umipig, respectively. The GGAPP has been a consistent partner of the Securities and Exchange Commission (SEC) in its advocacy to promote good corporate governance for Philippine corporations. First Gen Corporation Amended General Information Sheet (Nov. 27, 2020) (2.19 MB) Posted on December 1, 2020 Elmer Nitura and Atty. and in the Philippines and then discussed recent initiatives of the SEC in corporate governance in terms of policy and regulation and in relation to the 1 As of March 2016. 2011 Silver Awardee – Corporate Governance Scorecard. Governance, which sets out clearly the importance of Corporate Governance in the following statement: ^The presence of an effective corporate governance system, within an individual company and across an economy as a whole, helps to provide a degree of confidence that is necessary for the proper functioning of a market economy. Get the latest news and service advisories from Meralco. beneficial in the implementation of the 2016 Code of Corporate Governance for PLCs. Corporate director training programs are important components to foster board effectiveness. Board Governance Orientation on the Regulatory Process and Related Issues last November 28, 2011. The course also relates corporate governance principles with corporate social responsibilities. 2Govt. The trainer was very knowledgeable and well prepared. Meralco and other PLCs attend a Breakfast Roundtable organized by ICD. They were with Legal Staff: Ms. Rose Kinkito, Ms. Namie Manzano and Mr. Paolo Urian. We are looking to expand our presence in the Philippines! Online or onsite, instructor-led live Corporate Governance training courses demonstrate through interactive discussion the fundamentals of Corporate Governance. ASEAN Corporate Governance Scorecard. To help board directors and key officers of … corpgov. The forum has the theme: "One Spirit, One Advocacy", which showcased the efforts and progress made by the public sector in order to eliminate graft and corruption. The Corporate Governance Scorecard (CGS) is a corporate governance rating system designed to raise the standards of corporate governance practices of the GOCCs to be at par with the ASEAN state-owned enterprises. In accordance with best practice, CGO maintains independence and … Meralco Key Officers Attend GGAPP Forum on Good Governance Reforms. and in the Philippines and then discussed recent initiatives of the SEC in corporate governance in terms of policy and regulation and in relation to the 1 As of March 2016. Corporate Governance | SGV & Co. Philippines 2019 Corporate Governance Seminar The Securities and Exchange Commission (SEC) issued SEC Memorandum Circular No. A Corporate Governance Orientation for Directors of Meralco Subsidiaries was held at the Meralco Lighthouse on January 27, 2012, where 35 Meralco-assigned directors participated, led by SMART Corporate Governance Office (CGO) Head Atty. For almost two decades now, CFG has been capacitating public sector organizations to effectively implement public policies and programs that promote transparent and accountable governance through training and consultancy. THE CORPORATE GOVERNANCE OFFICE. the Good Governance Advocates and Practitioners of the Philippines (GGAPP) on the success of its 2016 Code of Corporate Governance Survey. Jasmine D. Medina-Almogino of Energy Development Corporation are the Assistant Secretary and Assistant Treasurer, respectively. Deputy Head of Corporate Governance speaks at National Electrification Administration – Electric Cooperatives (NEA - EC) Conference and Recognition, Deputy Head of Meralco Corporate Governance and Vice President Gerardo F. dela Paz spoke regarding Corporate Governance and Best Practices in Managing an Electric Utility Business during the 2011 NEA-EC Conference and Recognition held on April 28, 2011 at the Radisson Blu Hotel, Cebu City. They discussed about the whistleblowing policy and procedures of their company and how such policy is a big help in combatting fraud. She is also an Associate Professor at the Asian Institute of Management (AIM) where she focuses on executive education. By exploring practical frameworks, corporate governance best practices and the most recent research on top performing boards, corporate governance training helps you identify your board’s route to success. The symposium enabled participants to focus on the importance of ERM and CG on crisis management and sustainable growth, as well as of embedding good risk management practices in all parts of an organization. Our Diploma in Corporate Governance utilises case studies and expert theory and seeks to: Present on this seminar were Meralco’s Corporate Planning Head, Corporate Governance Deputy Head and Corporate Governance Officer – Charina P. Padua, Gerardo F. dela Paz, and Lilian P. Umipig. The Programme is lectured by subject-matter-expert from the UK. 8th Annual Corporate Governance Workshop 2011, The Management Association of the Philippines (MAP), together with the Financial Executives Institute of the Philippines and Corporate Governance Institute of the Philippines (CGIP) conducted the 8th Annual Corporate Governance Workshop on June 23, 2011 at the Inter-Continental Manila in Makati City. The event was attended by the Senior Management of the Company, executives and heads of subsidiaries and affiliates. The Center for Governance (CFG) was established in 1999 as the Academy’s technical excellence and resource center on political and administrative governance. We will not pass on or sell your address to others.You can always change your preferences or unsubscribe completely. All board directors of public and publicly listed companies must attend a corporate-governance seminar once a year to be eligible for election/reelection in the board of a corporation. Ms. Winter imparted to the Senior Managers the practical application of core values and company policies in rendering management decisions when facing ethical dilemmas. 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