Eastwest Advances to Three Golden Arrows as Four Filinvest Firms Earn Governance Honors

FDC, Filinvest Land, Filinvest REIT, and EastWest received recognition at the 2026 Golden Arrow Awards organized by the Institute of Corporate Directors.

Four publicly listed companies under the Filinvest Group received honors at the 2026 Golden Arrow Awards, with EastWest Banking Corporation increasing its recognition to three Golden Arrows from two in 2025.

In its October 27 announcement, the group said Filinvest Development Corporation (FDC) received two Golden Arrows, while Filinvest Land, Inc. (FLI) and Filinvest REIT Corp. (FILRT) earned one each.

The awards recognize corporate governance practices—how companies oversee their businesses, disclose information, uphold shareholder rights, and remain accountable to stakeholders.

What the Golden Arrows recognize

Organized by the Institute of Corporate Directors (ICD), the Golden Arrow Awards recognize publicly listed companies that achieve high ratings under the ASEAN Corporate Governance Scorecard (ACGS).

The internationally benchmarked framework evaluates areas including shareholder rights, transparency, accountability, and board responsibilities.

For investors and other stakeholders, these areas provide a basis for assessing how companies make decisions and exercise oversight.

“Being recognized year after year reflects the importance we place on good governance across the Filinvest Group,” said Rhoda A. Huang, President and CEO of FDC.

“For us, governance is a responsibility we carry every day through the decisions we make, the way we manage our businesses, and the trust we build with our stakeholders.”

EastWest raises its recognition

EastWest’s three-Golden Arrow distinction marks an increase from its two-arrow recognition in 2025.

Jerry Ngo, CEO of EastWest, linked the award to the bank’s responsibility to maintain customer confidence through accountable decision-making.

“Trust is especially important in banking, and it is something we must earn through responsible decisions and consistent accountability,” Ngo said.

He added that the recognition encourages the bank to strengthen practices that protect customers, make banking easier, and support long-term growth.

Accountability across the property businesses

For Filinvest Land and Filinvest REIT, their respective awards accompany commitments to transparency and responsible management in their real estate businesses.

Tristan Las Marias, President and CEO of Filinvest Land, said governance is reflected in how employees conduct business, make decisions, and fulfill commitments to stakeholders.

He described the recurring recognition as a reminder that trust depends on actions and commitments fulfilled, alongside responsiveness to stakeholders’ changing needs.

Meanwhile, Joseph M. Yap, President and CEO of Filinvest REIT, said accountability and transparency remain central to managing the company’s sustainability-focused REIT business.

Yap said the recognition encourages FILRT to maintain those standards as it expands its portfolio and pursues sustainable returns for investors.

A continuing record of recognition

According to the group, FDC and Filinvest Land have earned Golden Arrow distinctions since 2021, while EastWest and Filinvest REIT have received them since 2022.

The latest awards extend that record across businesses serving banking customers, homeowners, and investors.

The common commitment outlined by the companies is practical: keep information transparent, make responsible decisions, and remain accountable as their businesses grow.

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