Security Bank bags 4 awards from Corporate Governance Asia

CORGOV ASIA 160617_261 - croppedReceiving the awards in behalf of Security Bank during the 6th Asian Excellence Awards 2016 held on June 17 at the JW Marriott Hotel, Hong Kong were (from left) Investor Relations Head Ropi Dangazo and Assistant Corporate Secretary and SB Foundation, Inc. Trustee Melissa Aquino. They were joined by Corporate Governance Asia Managing Director and Publisher Aldrin Monsod.

Security Bank Corporation (SBC) bagged four awards during the 6th Asian Excellence Awards 2016 hosted by Corporate Governance Asia on June 17 at the JW Marriott Hotel, Hong Kong.

Security Bank President and CEO Alfonso L. Salcedo, Jr. was recognized as ‘Asia’s Best CEO (Investor Relations), Philippines’. This award is given to the leader who is responsible for driving the overall management and growth of his company. The Asia’s Best CEO represents the company among investors, shareholders and all the stakeholders. The Asia’s Best CEO provides leadership to the board, ensuring that the board works effectively and discharges their responsibilities to the best of their abilities. Salcedo assumed presidency of Security Bank in April 2015 as Alberto Villarosa stepped up as Chairman of the Board. Villarosa had been a recipient of the same award in previous years.

Consequently, Security Bank received the award as ‘Best Investor Relations Company’ in the Philippines. This award recognizes the bank’s commitment to the highest standards of disclosure, transparency and fairness in disseminating information. Aside from the reports submitted to regulatory bodies, the Best Investor Relations Company takes extra efforts to enhance communication with all the stakeholders. By sustaining open and transparent communications with its investors, Security Bank is able to build and maintain investor confidence. Accordingly, the bank’s Investor Relations Head Ropi Dangazo won as ‘Best Investor Relations Professional, Philippines’.

Lastly, the Bank was given the ‘Asia’s Best CSR (Corporate Social Responsibility), Philippines’ Award for its commitment to sustain responsible policies and practices into the daily operations of its business. Through its CSR arm, SB Foundation, Inc. (SBFI), Security Bank creates a positive impact on the communities where it operates, most especially in the provinces. For education, SBFI allots resources to help uplift the condition of public schools’ infrastructure and to improve the teaching ability of educators. For the environment, SBFI organizes greening programs that would help preserve and protect the natural ecosystem of communities. The foundation also promotes volunteerism by engaging employees in regular outreach programs.

The 6th Asian Excellence Recognition Awards are designed to recognize excellence in investor communications, business ethics, corporate social responsibility (CSR), environmental practices and financial performance. These awards are in the tradition of the high standards set and upheld by Corporate Governance Asia, the authoritative voice in corporate governance practices in the region.