ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS
E.2.10

Does the Nominating Committee comprise of a majority of independent directors/commissioners?

Response

YES. The NOMELEC Committee is comprised of a majority of independent directors. Currently, the NOMELEC members have two independent directors and one non-executive director (NED).

The incumbent members are:
1. Honorio O. Reyes-Lao - Chairman/Independent Director
2. Antonio Jose U. Periquet - Member/Independent Director
3. Jorge A. Consunji - Member/Non-executive Director

 

Reference:

1. Website/Corporate Governance/Board Committees and Charter

2. PSE EDGE Disclosure - Appointment of Board Committees, May 14, 2015

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