The Revised Manual on Corporate Governance embodies the Company’s Corporate Governance Framework. It institutionalizes the principles of good corporate governance by clearly identifying the roles and responsibilities of the Board of Directors and Management, mandating the conduct of communication and training programs on corporate governance and defining the compliance system.
All directors, officers and employees are expected to comply with all the provisions of the Revised Manual on Corporate Governance. The Company’s Compliance Officer is tasked to monitor compliance with the manual and impose corresponding penalties for non-compliance.
The Corporate Governance Manual is reviewed on a regular basis to update and align with leading practices in corporate governance.