Board Committees
Executive Commitee
To assist the Board with its responsibilities, the Board established an Executive Committee who may act on corporate matters which are within the competence of the Board except the following authorities that are specially reserved for the Board: (a) approval of any action of which shareholder approval is also required; (b) amendment or repeal of By-Laws or adoption of new By-Laws; (c) approval of the annual report and accounts; (d) exercise of powers delegated by the Board to other committees; (e) board appointments and removals; (f) selection of the Chairman and President & Chief Executive Officer; nominations for Board membership following recommendations from the Nomination Committee; (g) appointment or removal of the Corporate Secretary and Treasurer; (h) appointment,reappointment or removal of the external auditor; and (i) distribution of cash dividends to shareholders.
- Download: Executive Committee Charter Amended 2020
- Download: Executive Committee Charter
- Download: Information on Executive Committee Members
The following are the members of the Executive Committee:
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Gerry D. Tan
Chairman | Executive Director
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Esmeraldo A. Tepace
Member | Executive Director
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Aylene Y. Sytengco
Member | Executive Director
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Necisto Y. Sytengco II
Member | Executive Director
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Lali Y. Sytengco
Member | Executive Director
Audit and Risk Oversight Committee
To assists the Board in fulfilling its oversight responsibilities for the financial reporting process, enterprise risk management and system of internal control, the audit process, and the company’s process for monitoring compliance with laws and regulations.
The members of the Audit and Risk Oversight Committee are as follows:
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Helen T. de Guzman
Chairperson | Independent Director
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Roberto F. Anonas, Jr.
Member | Independent Director
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Geocel D. Olanday
Member | Executive Director
Corporate Governance Committee
The Corporate Governance Committee assist the Board in the performance of its corporate governance responsibilities. The committee is tasked with ensuring compliance with and proper observance of corporate governance principles and practices.
The members of the Corporate Governance Committee are as follows:
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Geocel D. Olanday
Chairman | Independent Director
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Roberto F. Anonas, Jr.
Member | Independent Director
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Helen T. de Guzman
Member | Independent Director
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Necisto Y. Sytengco II
Member | Executive Director
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Esmeraldo A. Tepace
Member | Executive Director
Related Party Transaction Committee
To assist the Board in fulfilling its oversight responsibilities in the implementation and review of the Related Party Transaction policy of the Corporation for internal control purposes and in compliance with laws and regulations.
- Downloads : SBS Related Party Transaction Committee Charter 2020
- Downloads : Information on RPT Committee Members
The members of the Related Party Transaction Committee are as follows:
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Roberto F. Anonas, Jr.
Chairman / Independent Director
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Helen T. De Guzman
Member / Independent Director
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Geocel D. Olanday
Member / Independent Director
Nomination and Remuneration Committee
Nomination and Remuneration Committee
The Nomination and Remuneration Committee supports and advises the Board in ensuring that it is comprised of individuals who are the best able to discharge the duties and responsibilities of Directors and that the Company has the appropriate nomination and remuneration standards and practices in place.
- Downloads : Information on Nomination and Remuneration Committee Members
- Downloads : SBS Nomination and Remuneration Committee Terms of Reference 2021
The members of the Nomination and Remuneration Committee are as follows:
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Ricardo Nicanor N. Jacinto
Chairperson | Non Executive Director
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Necisto Y. Sytengco II
Member | Executive Director
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Aylene Y. Sytengco
Member | Executive Director
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Geocel D. Olanday
Member | Independent Director
Finance and Investment Committee
Finance and Investment Committee
The Finance and Investment Committee assists the Board in the performance of its oversight function to ensure that: (a) all projects and investment proposals and their funding requirements are consistent with the business strategy of the Corporation;(b) are within approved policies and budgets for said projects; and (c) major financing initiatives and proposals are reviewed prior to submission to the Board for securing Board approval and subsequently monitored on behalf of the Board.
- Downloads: Information of the Finance and Investment Committee Members
- Downloads: SBS Finance and Investment Committee Charter
The members of the Finance and Investment Committee are as follows:
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Aylene Y. Sytengco
Chairperson | Executive Director
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Necisto Y. Sytengco II
Member | Executive Director
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Gerry D. Tan
Member | Executive Director
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Robert F. Anonas, Jr.
Member | Independent Director
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Geocel D. Olanday
Member | Independent Director