Board Committees

SBS Philippines

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. 

The following are the members of the Executive Committee:
  • Gerry D. Tan

    Chairman | Executive Director

  • Esmeraldo A. Tepace

    Member | Executive Director

  • Aylene Y. Sytengco

    Member | Executive Director

  • Necisto Y. Sytengco II

    Member | Executive Director

  • Lali Y. Sytengco

    Member | Executive Director

SBS Philippines

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:
  • Helen T. de Guzman

    Chairperson | Independent Director

  • Roberto F. Anonas, Jr.

    Member | Independent Director

  • Geocel D. Olanday

    Member | Executive Director

SBS Philippines

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:
  • Geocel D. Olanday

    Chairman | Independent Director

  • Roberto F. Anonas, Jr.

    Member | Independent Director

  • Helen T. de Guzman

    Member | Independent Director

  • Necisto Y. Sytengco II

    Member | Executive Director

  • Esmeraldo A. Tepace

    Member | Executive Director

SBS Philippines

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.

 

The members of the Nomination and Remuneration Committee are as follows:
  • Ricardo Nicanor N. Jacinto

    Chairperson | Non Executive Director

  • Necisto Y. Sytengco II

    Member | Executive Director

  • Aylene Y. Sytengco

    Member | Executive Director

  • Geocel D. Olanday

    Member | Independent Director

SBS Philippines

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.

 

The members of the Finance and Investment Committee are as follows:
  • Aylene Y. Sytengco

    Chairperson | Executive Director

  • Necisto Y. Sytengco II

    Member | Executive Director

  • Gerry D. Tan

    Member | Executive Director

  • Robert F. Anonas, Jr.

    Member | Independent Director

  • Geocel D. Olanday

    Member | Independent Director