The code of corporate governance, boardroom best practices, communication with minority stakeholders, and enterprise risk management were discussed interactively. 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.'. 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. Corporate governance in the Philippines is characterized by concentrated ownership by a limited number of family shareholders, within a bank-dominated financial market. Mr. Corporate governance is understandably very high on the public sector agenda. Help us improve our service. In the course of its 2010 annual performance evaluation on May 30, 2011, the Nomination and Governance Committee requested the Board Directors to conduct a self-assessment including its committees, namely, Nomination and Governance, Compensation and Benefits, Audit and Risk Management, and Finance for their 2010 performances. A large delegation of officers and executives of MERALCO, as well as directors and executives of its subsidiaries were part of those who attended. Tabitha was engaging, very knowledgeable, clear and prepared. 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. Franchise. Mr. Winthrop M. Swenson, managing partner of Compliance Systems and Legal Group (CSLG), a law firm that specializes in global approaches to corporate ethics and compliance, was the resource person for the enhancement session. Priest was described by the Wall Street Journal as “one of the most sought consultants to keep companies on the straight and narrow”, and has conducted seminars on business ethics in 40 countries. Our Diploma in Corporate Governance utilises case studies and expert theory and seeks to: Training and/or continuing education programme attended by each director/commissioner -Statement of Full Compliance with the Code of Corporate Governance – Certificate -Review of the GOCC’s Material Controls (including operational, financial and compliance controls) and Risk Management Systems - 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. 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. You should explore not just the successes but also the failures of boards to examine the best formulas for corporate governance that works. He owns 26,203,945 Lopez Holdings shares. Attendees from the government are exempted from the Php 2,000 limit for attending training provided by the private sector based on Department of Budget and Management Circular No. Nitura discussed that Corporate Governance, Ethics and Compliance Program is never a destination, but an on-going journey. Corporate Governance training is available as "online live training" or "onsite live training". The forum was entitled, “Tips and Traps: A Discussion on the Experiences of US and Global Companies in Ethics, Compliance and Corporate Governance” organized by Good Governance Advocates and Practitioners of the Philippines (GGAPP), an organization of corporate governance officers and enthusiasts from different publicly listed companies (PLCs). Further GGAPP Trustees are: Charles Gamo of PSALM, Francis A. Palafox of Energia, Inc., Hazel Rose B. 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. 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. Directors of the MVP Group of Companies attended a Corporate Governance Enhancement Session on December 2, 2013 at the Makati Shangri-La. She is program director of AIM’s Strategic Finance, Finance for Senior Executives and Enterprise-Wide Risk Management Programs. Inquire online for Corporate Governance Best Practice short courses to become a Certified Corporate Governance Professional. Astudillo discussed the importance, regulatory basis and trends of Corporate Compliance Programs and a designated Compliance Officer to manage such. This training is accredited by the Securities and Exchange Commission as a corporate governance topic. Atty. Philippine Corporate Enhancement & Governance, Inc. (PhilCEG) Legal Services Makati, Metro Manila 21 followers The Quest For Knowledge and Providing Quality Service are the Bedrock of Our Existence. PLDT provides continuous corporate governance training for its directors and senior management. Ms. Herrera is a member of the Financial Executives Institute of the Philippines, the Philippine Academy of Management and the International Actuarial Association. The forum was the twelfth 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. Proponents of corporate governance say theres a direct correlation between good corporate governance practices and long-term shareholder value. Corporate Governance | SGV & Co. Philippines 2019 Corporate Governance Seminar The Securities and Exchange Commission (SEC) issued SEC Memorandum Circular No. The GGAPP’s inducting officer, SEC Commission Secretary Gerard M. Lukban, introduced Trustee and Chairman Santiago A. Pulido of Alaska Milk Corporation, Trustee and Vice Chairman Jaime P. Villegas of Ayala Corporation, Trustee and President Vincent Edward R. Festin of PLDT, Trustee and Secretary, Lizelle G. Zamora-Dimacuha of Manila Water, and Trustee and Treasurer, Reginald H. Tiu of SM Investments Corporation. 2. Lair E. Ambrocio. Meralco and other PLCs attend an Integrity Initiative Forum. He also stated that, while compliance and self-assessment through performance governance system is important, feedback from the public ultimately being served by the public institutions adds a value which cannot be overlooked. MANILA, Philippines – Having effective board directors translate to better business performance and governance. This training was also integrated into the orientation program for new employees of the Company. First Philippine Holdings Corporation Initial Tender Offer Report Part 2 of 2 (1.01 MB) Posted on December 4, 2020. To help board directors and key officers of … Maria Zarah R. Villanueva-Castro, Lilian P. Umipig, Lauro G. Francisco, Lourdes Mary Margaret Y. Ramos and Ma. 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. He is a well-known expert on Enterprise, Strategic and Operational Risk Management and has helped many organizations from various industry sectors to implement ERM frameworks, optimize the way they manage risks and prepare to manage various types of crisis and business interruptions successfully. 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 Book now for course starting 23 March 2021; Book now for course starting 18 May 2021; About the course. The Institute of Corporate Directors (ICD) held an Orientation Course on Corporate Governance on September 1-2, 2010 at the Manila Peninsula Conservatory, Makati City, Philippines. The afternoon session will feature Jonathan Ravelas, chief market strategist of the largest commercial bank in the Philippines, BDO. Online or onsite, instructor-led live Corporate Governance training courses demonstrate through interactive discussion the fundamentals of Corporate Governance. Meralco joins Institute for Solidarity in Asia’s Public Governance Forum. Ownership, Majority vs Minority, Corporate Governance codes in major jurisdictions, Sarbanes Oxley Act, US Securities and Exchange Commission; OECD Principles of Corporate Governance; Developments in India, Corporate Governance in Indian Ethos, Corporate Governance – Contemporary Developments. PLDT has organized and conducted corporate governance enhancement sessions since 2007 and has invited internationally-known and local experts to share their insights and interact with PLDT’s Board and senior management. 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. corpgov. The speaker during the forum was SEC Chairperson Teresita J. Herbosa, who discussed SEC's recent efforts to strengthen the corporate and capital market infrastructure of the Philippines leading to better governance and competitiveness. 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). Girl’s College, Kota, Raj. Accordingly, CGO assists the Management and Executive Officers in ensuring that they are continuously updated on the best practices in corporate governance through various trainings and enhancement sessions. 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 The workshop aims to instill integrity in Philippine companies. A hundred participants were in attendance at the forum. 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 Palladium Group – Asia Pacific partnered with the Institute for Solidarity in Asia (ISA) in conducting a seminar at Sofitel Philippine Plaza on September 22-23, 2010. NobleProg® 2004 - 2021 All Rights Reserved. Corporate Governance training is available as "online live training" or "onsite live training". the Good Governance Advocates and Practitioners of the Philippines (GGAPP) on the success of its 2016 Code of Corporate Governance Survey. Visit the Governance Company website to find out more. Palladium and Institute for Solidarity in Asia (ISA) on Strategy Execution and Governance. In the same meeting, a majority of the members of the Board requested for the conduct of a Governance Enhancement course on the regulatory process and related regulatory issues applicable to MERALCO, as part of their skills and training needs determination. He has raised awareness of the importance of ethical behavior on television, radio, newspaper and magazines. Meralco Key Officers Attend GGAPP Forum on Good Governance Reforms. Jasmine D. Medina-Almogino of Energy Development Corporation are the Assistant Secretary and Assistant Treasurer, respectively. Corporate Governance Forum by GGAPP with MERALCO. 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. 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. Corporate -Decision and Control- Management - Decision and Control - Management Operational Mgmt. To help board directors and key officers of … PLDT provides continuous corporate governance training for its directors and senior management. Mr. Swenson facilitated an interactive exchange of thoughts on the subject of Board Responsibility in light of ethics and governance failures in the past. MANILA, Philippines — Having effective board directors translate to good corporate governance and better business performance. Hon. Asian Risk Management Institute managing director Marc Ronez was the resource speaker. 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. The delegates to the forum were Corporate Governance Staff Harold Enriquez and Lair Ambrocio.Corporate Governance Forum by GGAPP with MERALCO. 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. The speaker was His Eminence Luis Antonio Cardinal Tagle, who discussed the importance of corporate governance founded on biblical principles and standards. 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. Trainings listed and described are PLDT -organized and do not include externally organized training. Energy Law and Practice This course contains an introduction to the study of the Philippine Electric Power Industry and examines Republic Act No. This course provides delegates with the key corporate governance skills that are essential in leading, managing and controlling organisations in times of increasing uncertainty and complexity. Meralco sponsored the forum on ethics, compliance and corporate governance as seen from experiences in the United States and other global companies last Dec. 7, 2011, in keeping with its commitment to uphold corporate governance principles. You should explore not just the successes but also the failures of boards to examine the best formulas for corporate governance that works. The Programme is lectured by subject-matter-expert from the UK. Corporate director training programs are important components to foster board effectiveness. Corporate Governance vs. Management Accountability Accountability and and Corporate Supervision Corporate Supervision Governance Governance Strategic Strategic Management Management Executive Mgmt. 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. Maria Leonor "Leni" Robredo of Camarines Sur's 3rd District. Onsite live Corporate Governance trainings in the Philippines can be carried out locally on customer premises or in NobleProg corporate training centers. It was a collective outlook that a sustainable risk diagnostic and management tool to reinforce strategic enterprise decisions should be developed and implemented by Meralco. Bankers Institute of the Philippines Inc. or BAIPHIL is the leading institution that supports the local banking industry through continuous education, research, and information exchange. GGAPP envisions to establish a national culture that forsakes shortcuts, patronage and corruption and instead rewards diligence, perseverance and integrity. under the ASEAN Corporate Governance Scorecard (ACGS) 2017. Festin’s talk focused on the vision, mission and advocacies of GGAPP. For details and a complete list of other SEC-accredited corporate governance programs visit at www.cgbp.org or call Manila lines: (+63 2) 842-7148/ 59 … 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. SEC REFORMS TO STRENGTHEN AN ETHICAL AND COMPETITIVE BUSINESS ENVIRONMENT, CGO and Legal attend an Integrity Initiative Forum. Corporate Governance and Risk Management Symposium. Cardinal Tagle stressed that an individual’s moral values are closely tied with the success of good corporate or public governance. 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. The subject matter is framed within the context of local reforms and how these relate and respond to regional and global trends. The focus on corporate governance, the measures taken to have good corporate governance practices in … Does the GOCC have training and development programmes for its employees? Mr. Steve Priest, the founder of Ethical Leadership Group/Global Compliance Services based in New York, USA was the main speaker for the event. A symposium on Corporate Governance (CG) with the theme, “Integration of Corporate Governance and Enterprise Risk Management (ERM) for Sustained Best Performance,” was held at the Meralco Lighthouse, Pasig City on December 15, 2010. This training is accredited by the Securities and Exchange Commission as a corporate governance topic. She last attended corporate governance training on September 6, 2019. Public Service 2.0: From e-Government to e-Governance. Abstract Questions of ethics,or the right way to run a business,are inherent in all aspects of corporate governance and in every board decision and action. If you are interested in running a high-tech, high-quality training and consulting business. The Internal Audit department, headed by Ms. Helen De Guzman, held a seminar about fraud for employees. 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. 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. Corporate Governance Training Courses in the Philippines Online or onsite, instructor-led live Corporate Governance training courses demonstrate through interactive discussion the fundamentals of Corporate Governance. Corporate governance is understandably very high on the public sector agenda. A company-wide orientation on Corporate Governance and the Revised Code of Ethics was conducted last October 12 to November 26, 2010. India’s economic reform programme made a steady progress in 1994. Our Diploma in Corporate Governance utilises case studies and expert theory and seeks to: 1. ensure that organisations are appropriately constituted, structured and operate the appropriate governance processes 2. support good practice in stewardship, risk and assurance, and internal control 3. exemplify standards of behaviour as a way of enabling good governance in organisations. 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. The GGAPP has members from both the public and private sector. 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. 2Govt. The Company's key officers and employees who attended the forum were: Antonio M. Abuel, Jr., Ireneo B. Acuña, Angelito D. Bermudo, Gerardo F. dela Paz, Ferdinand O. Geluz, Victor S. Genuino, Nixon G. Hao, Jose Rainier A. Reyes, Nestor P. Sarmiento, Manuel Lorenzo L. Tuason, Ferdinand T. Salvosa, Jeffrey John dela Cerna, Atty. 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 … 9136 or the Electric Power Industry Reform Act of 2001 and related laws, rules, and regulations. The course also relates corporate governance principles with corporate social responsibilities. In accordance with best practice, CGO maintains independence and … Argel Astudillo, SMART’s CGO Head Atty. This module also builds the knowledge base in governance and eventually will be 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. 2011 Silver Awardee – Corporate Governance Scorecard. Mr. Bill Luz discussed the vital role of cooperative partnerships between the private and the public sector in steering competitiveness of the Philippines in the imminent ASEAN financial integration. Well-designed corporate governance training courses are inspired by the latest research and the examples shown by the world’s best boards. This is part of its strategic planning process, which enables members to act pro-actively on the issues and concerns facing the Company. Directors and Key Officers of companies established and/or operating in the Philippines … 2010 Working Sessions with the Institute of Corporate Directors. 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). 2013 Top 5 Outstanding Franchise Companies Submit Feedback. Meralco and other PLCs attend a Breakfast Roundtable organized by ICD. Learning about and staying up to date on corporate governance topics is a journey, and one that needs continuous attention. The continuation of the corporate governance training program, observed supervision of the regulatory agencies, conversations with several directors, shareholders and stakeholders of various companies covered by the corporate governance regulations make me venture this forecast: 1. The theme of the event was “Power Lives On…Through Competition.”. The event was attended by members of the board, general managers and executives of NEA and the various ECs in the country. The keynote speaker at the event was Ethics and Compliance Officer Association (ECOA) Executive Director, Mr. Keith Darcy, says “(They) still have a lot to do and (they) start with a small step with people gathered for a purpose to paint and build a future for our children.”. See of Meralco and Jose Jesus G. Laurel of MPIC. He last attended corporate governance training on April 5, 2019. She owns 1 Lopez Holdings share. 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. He emphasized that non-compliant corporations, aside from paying monetary penalty, risk their corporate image, credibility to shareholders and other stakeholders, and even the continuity of their business operations locally or internationally. Through initiatives such as these annual CG enhancement sessions, the MVP Group manifests its commitment to corporate responsibility in its business decisions and practices, consistent with the Group's core principles and values. Archilo Matugas respectively. The Center for Governance (CFG) was established in 1999 as the Academy’s technical excellence and resource center on political and administrative governance. Institute of Corporate Directors holds Orientation on Corporate Governance. He served Manila Electric Company (Meralco) (publicly listed) as president from 1986 to June 2001, as chairman and CEO from July 2001 to June 2010, as chairman from July 2010 to June 2012, and as director until May 2018. 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 theme of the workshop was “MAPping a Culture of Integrity in Business: Corporate Governance Best Practices.”. It was a one to one session so I was able to ask specific questions relating to my own company needs. 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. We raise the bar on corporate governance. The orientation provided a basic overview of Corporate Governance and the role of Corporate Directors, showing the link between corporate governance and company performance. This includes strategic appointment to leverage board member competencies, as well as effective structures and processes. Meralco Internal Audit Holds Red Flags Seminar. Shareholders all over the world are exerting a greater level of scrutiny over corporate leadership and its performance. 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. Attendees from the government are exempted from the Php 2,000 limit for attending training provided by the private sector based on Department of Budget and Management Circular No. If you are interested in opening a franchise in your country, please visit https://training-franchise.com for more information. It amends a 38-year-old Corporation Code in an effort to improve the ease of doing business in the Philippines. Elmer Nitura and Atty. Corporate governance is the collection of mechanisms, processes and relations used by various parties to control and to operate a corporation. She was very personable and presented a fluid delivery of the course material. 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. It is the major thrust of Corporate Governance Office (CGO) to strengthen the awareness of not only of the Senior Management but also of all employees on the governance policies promulgated by the Board. They were with Legal Staff: Ms. Rose Kinkito, Ms. Namie Manzano and Mr. Paolo Urian. The Good Governance Advocates and Practitioners of the Philippines (GGAPP) held the launch of their organization and induction of their officers last April 1, 2011 at the Meralco Lighthouse. These are vital in SEC reporting compliance, improving directors’ knowledge and skills, establishing communication channels with minority stakeholders and ultimately, enhancing shareholder value. 2015 In-House Training Programs Conducted Tax Code of the Philippines New Computerized Accounting System (NCAS) Payroll Module Treasury Information System o Petty Cash Voucher Preparation - Batch 1 to 5 Corporate Re-Branding Strategy Corporate Imaging IT Policies Leadership and Team Engagement Process Archilo Matugas. Following are some of the notable changes made in the Revised Corporation Code: Entrepreneur Philippines. CG Officer Ms. Lilian P. Umipig and CGO Staff Mr. Harold Enriquez and Ms. Lair Ambrocio attended the event. P.G .Commerce College, Kota. To help board directors and key … Site visits and roadshows are also conducted to re-orient and empower all employees to continuously apply the core corporate governance principles in the workplace. 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. 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. 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. Blue Festin. They reported and clarified questions on their efforts to proceed along the motto “sa daang matuwid, asenso walang patid.”, 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. Decisions when facing ethical dilemmas corporate Compliance Programs and a designated Compliance Officer to manage such on biblical principles standards. Manage such directors as they steer the companies towards the strategic objectives of the executives! And Integrity position corporate governance training philippines goals of the event aimed to STRENGTHEN an ethical and business... The Institute of Management and the International Actuarial Association not include externally training... The practical application of core values and company policies in rendering Management decisions when facing ethical dilemmas local... 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