Business

Security Bank Receives Three Golden Arrows for Corporate Governance

Quick Read

What Readers Should Know

Security Bank received Three Golden Arrows at the Institute of Corporate Directors’ October 23, 2026 ceremony. The recognition is based on publicly disclosed governance practices assessed through the ASEAN Corporate Governance Scorecard.

Key Takeaways

  • Security Bank received Three Golden Arrows from ICD.
  • The ceremony took place on October 23, 2026, at Makati Shangri-La.
  • The awards use the ASEAN Corporate Governance Scorecard.
  • Assessed areas include transparency, shareholder rights and board accountability.
  • Governance and compliance officers received the recognition for the bank.

The recognition assesses publicly disclosed practices in oversight, transparency and accountability.

received Three Golden Arrows from the Institute of Corporate Directors, recognizing its practices under the ASEAN Corporate Governance Scorecard.

The recognition was presented at the 2026 on October 23, held at Makati Shangri-La.

The assessment examines publicly disclosed practices in areas including shareholder rights, transparency, sustainability and resilience, stakeholder relations, and board accountability.

For a bank, these areas concern how decisions are supervised, risks are managed and information is communicated to people with a stake in the institution.

“People trust us with their money and their financial futures. We have a responsibility to earn that confidence through the way we run the Bank,” said Security Bank Chairman Cirilo Noel.

“This recognition reflects our continued commitment to sound oversight, responsible decisions, and accountability.”

The award was received by Atty. Karreen Ballesteros, vice president and corporate governance and data protection officer, and Anna Christina M. Chinjen, senior vice president and chief compliance officer.

Security Bank said the recognition reinforces its focus on responsible oversight and transparent operations.

The bank reported ₱1.19 trillion in total assets as of June 30, 2026. Established in 1951, it serves retail, business, corporate and institutional customers through a nationwide network that, according to the release, includes 397 branches and 699 ATMs and cash recycler machines.

Its services cover banking, lending, payments, treasury and wealth management.

The recognition places attention on the bank’s governance framework—the responsibilities of its board, the information it discloses and the processes through which it remains accountable to shareholders and other stakeholders.

Reader Questions

Frequently Asked Questions

How many Golden Arrows did Security Bank receive?

Three Golden Arrows.

Which organization presented the recognition?

The Institute of Corporate Directors.

When was the award presented?

October 23, 2026.

What assessment is used?

The ASEAN Corporate Governance Scorecard.

Which governance areas are examined?

Publicly disclosed practices involving shareholder rights, transparency, sustainability, stakeholder relations and board accountability.

About the Author

Introvert, wanderer, blogger, foodie, a hip-hop music writer, and one of the co-founders of a tech start-up company called GigsManila.