Board Meetings

Our Board meetings are scheduled before the start of the financial year and the schedule is posted on our company website immediately as seen below. The non-executive directors of our Board also meet separately at least once during the year without any executives present.

 

5 February 2018 ExCom Meeting Monday
5 February 2018 Board Meeting Monday
20 March 2018 ExCom Meeting Tuesday
16 April 2018 ExCom/Board Meeting Monday
17 April 2018 Annual Regular Stockholders' Meeting and Organizational Meeting Tuesday
7 May 2018 ExCom Meeting Monday
8 May 2018 Board Meeting Tuesday
8 June 2018 ExCom Meeting Friday
4 July 2018 ExCom Meeting Wednesday
1 August 2018 ExCom Meeting Wednesday
2 August 2018 Board Meeting Thursday
4 September 2018 ExCom Meeting Tuesday
9 October 2018 ExCom Meeting Tuesday
30 October 2018 ExCom Meeting Tuesday
30 October 2018 Board Meeting Tuesday
6 December 2018 ExCom Meeting Thursday
7 December 2018 Board Meeting Friday

 

 (Posted on 27 December 2017)

9 January 2017 ExCom Meeting Monday
6 February 2017 ExCom Meeting Monday
7 February 2017 Board Meeting Tuesday
7 March 2017 ExCom Meeting Tuesday
17 April 2017 ExCom/Board Meeting Monday
18 April 2017 Annual Regular Stockholders' Meeting and Organizational Meeting Tuesday
8 May 2017 ExCom Meeting Monday
9 May 2017 Board Meeting Tuesday
2 June 2017 ExCom Meeting Friday
4 July 2017 ExCom Meeting Tuesday
3 August 2017 ExCom Meeting Thursday
3 August 2017 Board Meeting Thursday
5 September 2017 ExCom Meeting Tuesday
10 October 2017 ExCom Meeting Tuesday
3 November 2017 ExCom Meeting Friday
3 November 2017 Board Meeting Friday
5 December 2017 ExCom Meeting Tuesday
6 December 2017 Board Meeting Wednesday

 

 (Posted on 28 December 2016)

15 January 2016 ExCom Meeting Friday
4 February 2016 ExCom Meeting Thursday
5 February 2016 Board Meeting Friday
7 March 2016 ExCom Meeting Monday
12 April 2016 ExCom/Board Meeting Tuesday
13 April 2016 Annual Regular Stockholders' Meeting and Organizational Meeting Wednesday
3 May 2016 ExCom Meeting Tuesday
4 May 2016 Board Meeting Wednesday
3 June 2016 ExCom Meeting Friday
8 July 2016 ExCom Meeting Friday
4 August 2016 ExCom Meeting Thursday
5 August 2016 Board Meeting Friday
1 September 2016 ExCom Meeting Thursday
11 October 2016 ExCom Meeting Tuesday
3 November 2016 ExCom Meeting Thursday
4 November 2016 Board Meeting Friday
6 December 2016 ExCom Meeting Tuesday
7 December 2016 Board Meeting Wednesday
3 February 2015 Excom Meeting Tuesday
4 February 2015 Board Meeting Wednesday
17 March 2015 Excom Meeting Tuesday
6 April 2015 Board Meeting Monday
7 April 2015 Annual Regular Stockholders' Meeting and Organizational Meeting Tuesday
12 May 2015 Excom Meeting Tuesday
12 May 2015 Board Meeting Tuesday
15 June 2015 Excom Meeting Monday
7 July 2015 Excom Meeting Tuesday
6 August 2015 Excom Meeting Thursday
7 August 2015 Board Meeting Friday
15 September 2015 Excom Meeting Tuesday
15 October 2015 Excom Meeting Thursday
9 November 2015 Excom Meeting Monday
10 November 2015 Board Meeting Tuesday
10 December 2015 Excom Meeting Thursday
11 December 2015 Board Meeting Friday

Meetings and Attendance

In 2017, our Board of Directors had a total of eight (8) board meetings including the Annual Stockholders' Meeting (ASM). Attendance of each director in board meetings held in 2017 is enumerated below. Attendance to board meetings of our directors is also in our Annual Corporate Governance Report and Annual and Sustainability Report. Meanwhile, the attendance of each director to their respective committee meetings is reflected separately in the Board Committees section of our website, which is also reflected in our annual reports.

 

The Board receives board documents containing reports on the company’s strategic, operational, and financial performance, and other regulatory and relevant matters, at least seven business days in advance of the board meetings. The Board has access to the Corporate Secretary who acts as adviser to directors regarding their responsibilities and obligations, and oversees the flow of information prior to meetings. Discussions with independent views during meetings are encouraged, given due consideration and properly documented through the minutes of meetings.


Board Member
Meetings Held
Meetings Attended
Percent Present
Jaime Augusto Zobel de Ayala
8
8
100%
Lang Tao Yih, Arthur*
6
100%
Fernando Zobel de Ayala
6
75%
Jose Teodoro K. Limcaoco
8
100%
Romeo L. Bernardo
8
100%
Delfin L. Lazaro
6
75%
Samba Natarajan
7
88%
Saw Phaik Hwa
8
100%
Rex Ma. A. Mendoza
7
88%
Manuel A. Pacis
8
100%
Ernest L. Cu
8
100%

* Mr. Lang Tao Yih, Arthur was elected as Director on April 18, 2017
** Board Meetings held include the 2017Annual Stockholders' Meeting

 

The average attendance rate of members of the Board was 93 percent, which is more than compliant with the SEC’s minimum attendance requirement of 50 percent. The average attendance rate of our independent directors was 96 percent in 2017.

 

Board of Directors

  • Jaime Augusto Zobel de Ayala

    CHAIRMAN

  • Fernando Zobel de Ayala

    CO-VICE CHAIRMAN

  • Lang Tao Yih, Arthur

    CO-VICE CHAIRMAN

  • Ernest L. Cu

    DIRECTOR, PRESIDENT AND CEO

  • Delfin L. Lazaro

    DIRECTOR

  • Samba Natarajan

    DIRECTOR

  • Romeo L. Bernardo

    DIRECTOR

  • Jose Teodoro K. Limcaoco

    DIRECTOR

  • Rex Ma. A. Mendoza

    LEAD INDEPENDENT DIRECTOR

  • Cirilo P. Noel

    INDEPENDENT DIRECTOR

  • Saw Phaik Hwa

    INDEPENDENT DIRECTOR

Committed to Creating More Value for Shareholders