State-owned Development Bank of the Philippines (DBP) has been recognized by its regulator for its adherence to good corporate governance and by an international organization for its sustainability programs, a top official said.
DBP President and CEO Michael O. de Jesus said the Bank was hailed as the top performing government-owned and -controlled corporation (GOCC) during the recent Governance Commission for GOCCs (GCG) Awards and the “Top Community-Centric Company” during the Asia Corporate Excellence and Sustainability (ACES) Awards.
“It is truly humbling for DBP to be recognized for its corporate governance practices and sustainability efforts anchored with the ideals of the Marcos Administration and geared towards advancing the welfare of the Filipino people,” de Jesus said.
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