Security Bank receives Three Golden Arrows for corporate governance
The Institute of Corporate Directors recognised the bank at its Golden Arrow Awards 2026, which rate listed firms against a regional governance scorecard.
Security Bank has been given a Three Golden Arrows rating by the Institute of Corporate Directors (ICD) for its corporate governance practices, according to Mindanao Times.
The bank received the recognition at the Golden Arrow Awards 2026, held on October 23 at Makati Shangri-La in Makati City, the report said.
The awards are based on the ASEAN Corporate Governance Scorecard. The scorecard assesses governance practices that companies disclose publicly, covering shareholder rights, transparency, sustainability and resilience, relations with stakeholders, and board accountability.
Security Bank Chairman Cirilo Noel said the award reflects the bank's commitment to sound oversight, responsible decision-making and accountability. "People trust us with their money and their financial futures," Noel said.
The bank said governance standards help give customers confidence in how it is run. It added that they also give investors a basis for judging its transparency, governance discipline and long-term value.
This article was written by the DavaoNews desk with AI assistance, using reporting by Mindanao Times. Facts come from the original report, which we credit and link below. Our editorial policy
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