SBS Receives 3-Golden Arrow Recognition for Corporate Governance

SBS Philippines Corporation was awarded 3-Golden Arrow Recognition for Corporate Governance in 2024 by the Institute of Corporate Directors (ICD), the Philippine domestic ranking body for the ASEAN Corporate Governance Scorecard (ACGS). This milestone places SBS Philippines Corporation among the top performers in corporate governance that have scored 100-109 points in the ACGS evaluation.

A consistent ICD Golden Arrow awardee since 2018, this recognition demonstrates SBS’ commitment to align its business and organizational culture and corporate value system towards responsible stewardship. SBS seeks to serve as a trusted business partner to its stakeholder through responsible leadership, decision-making, stewardship and service.

SBS has continuously reinforced its corporate governance structure to better adapt to its evolving needs, business strategy, and the best practices in corporate governance. Leading the efforts for governance and operational excellence is Vice Chairman & Chief Operating Officer, Mr. Necisto Y. Sytengco II who received the award. “Receiving a Three Golden Arrows award confirms what SBS stands for – Honesty, accountability and integrity,” said Mr. Sytengco. “Good governance means cultivating trust and laying the foundation for lasting progress. This recognition is a proud moment, and SBS will keep reaching for higher ground.”