Board Committees
The Board of Committees plays a critical role in overseeing the governance and management of SBS. Our committees are comprised of experienced directors who bring a diverse range of skills and perspectives to the table. Each committee is responsible for reviewing specific aspects of the company's operations and making recommendations to the full board. Through this system of checks and balances, we strive to ensure the highest levels of transparency, accountability, and ethical behavior.
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Executive Committee
The Board formed an Executive Committee to help carry out its corporate duties. This group is authorized to act on business matters that fall within the Board’s scope, except for specific powers exclusively retained by the Board. These include: (a) approval of shareholder-driven actions; (b) modifying or replacing By-Laws; (c) endorsing the annual report and financial accounts; (d) delegating powers to other committees; (e) appointing or removing directors; (f) selecting the Chairman and CEO, as well as recommending new Board members via the Nomination Committee; (g) assigning or removing the Corporate Secretary and Treasurer; (h) managing the external auditor’s tenure; and (i) declaring cash dividends for shareholders.
- Download: Charter Amended 2020 (Reviewed 2023)
- Download: Charter Amended 2020
- Download: Executive Committee Charter
- Download: 2024 Summary of Attendance
- Download: 2023 Summary of Meeting Attendance
- Download: Information on Committee Members
The following are the members of the Executive Committee:
Gerry D. Tan
Esmeraldo A. Tepace
Aylene Y. Sytengco
Necisto Y. Sytengco II
Lali Y. Sytengco
Audit and Risk Oversight Committee
The Audit and Risk Oversight Committee of SBS Philippines Corporation plays a vital role in supporting the Board’s governance responsibilities. The Committee ensures the integrity of the company’s financial reporting, internal control systems, and enterprise risk management framework. It oversees both internal and external audit functions, evaluates compliance with legal and regulatory requirements, and advises the Board on risk appetite and tolerance levels. Through regular reviews and strategic guidance, the Committee promotes transparency, accountability, and ethical business practices across the organization
- Download: Revised ARO Committee Charter 17 Dec 2024
- Download: SBS ARO Committee Charter Amended 2022
- Download: SBS Audit and Risk Oversight Committee Charter Amended 2020
- Download: ARO Committee Charter
- Download: 2024 Summary of Attendance of the ARO Committee
- Download: 2023 Summary of Meeting Attendance of ARO Committee
- Download: Information on ARO Committee Members
The members of the Audit and Risk Oversight Committee are as follows:
Helen T. de Guzman
Roberto F. Anonas, Jr.
Geocel D. Olanday
Corporate Governance and Sustainability Committee
The Corporate Governance and Sustainability Committee of SBS Philippines Corporation supports the Board in fulfilling its governance responsibilities. It ensures adherence to corporate governance principles and promotes ethical conduct across the organization. The Corporate Governance Committee is tasked with monitoring compliance with governance policies, evaluating board effectiveness, and recommending improvements aligned with best practices. Through regular assessments and strategic oversight, it fosters transparency, accountability, and long-term stakeholder value.
- Download: CGS Committee Charter 2023
- Download: SBS Phils Corp Corporate Governance and Ethics Committee Charter Amended 2022
- Download: SBS Corporate Governance Committee Terms of Reference Amended 2021
- Download: Corporate Governance Nomination and Remuneration Committee Charter
- Download: 2024 Summary of Attendance of the CGS Committee
- Download: 2023 Summary of Meeting Attendance of CGS Committee
- Download: Background Information on Corporate Governance and Sustainability Committee Members 2023
- Download: Information on Corporate Governance Committee Members
The members of the Corporate Governance Committee are as follows:
Geocel D. Olanday
Roberto F. Anonas, Jr.
Helen T. de Guzman
Necisto Y. Sytengco II
Esmeraldo A. Tepace
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 : Revised Related Party Transaction Committee Charter 17 Dec 2024
- Downloads : SBS Related Party Transaction Committee Charter 2020
- Downloads : 2024 Summary of Attendance of the RPT Committee
- Downloads : 2023 Summary of Meeting Attendance of RPT Committee
- Downloads : Information on RPT Committee Members
The members of the Related Party Transaction Committee are as follows:
Roberto F. Anonas, Jr.
Helen T. De Guzman
Geocel D. Olanday
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 : Revised Nomination And Remuneration Committee Charter 17 Dec 2024
- Downloads : SBS Nomination and Remuneration Committee Terms of Reference 2021
- Downloads : 2024 Summary of Attendance of the NomRem Committee
- Downloads : 2023 Summary of Meeting Attendance of NomRem Committee
- Downloads : Information on Nomination and Remuneration Committee Members
The members of the Nomination and Remuneration Committee are as follows:
Ricardo Nicanor N. Jacinto
Necisto Y. Sytengco II
Aylene Y. Sytengco
Geocel D. Olanday
Robert F. Anonas, Jr.
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: Revised Committee Charter 25 Feb 2025
- Downloads: SBS Committee Charter
- Downloads: 2024 Summary of Attendance of the FI Committee
- Downloads: 2023 Summary of Meeting Attendance the FI Committee
- Downloads: Information of the FI Committee Members
The members of the Finance and Investment Committee are as follows:
Aylene Y. Sytengco
Necisto Y. Sytengco II
Gerry D. Tan
Robert F. Anonas, Jr.
