Sunday, November 24, 2024

SUN LIFE RECEIVES TWO GOLDEN ARROW AWARD FOR GOOD CORPORATE GOVERNANCE

SUN LIFE RECEIVES TWO GOLDEN ARROW AWARD FOR GOOD CORPORATE GOVERNANCE

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Sun Life of Canada (Philippines), Inc. has once again been honored by the Institute of Corporate Directors (ICD) with the prestigious Two Golden Arrow Award for its unwavering commitment to good corporate governance.

 

 

 

The Golden Arrow Recognition ceremony was held recently at Manila Marriott Hotel, and Sun Life’s Corporate Secretary, Atty. Anna Katrina Kabigting-Ibero, personally received the award.

 

 

 

This award is bestowed upon insurance companies and publicly listed entities that have achieved a score of at least 80 points in the ASEAN Corporate Governance Scorecard (ACGS). The ACGS evaluates companies based on their facilitation of shareholders’ rights and equitable treatment, their relationship with various stakeholders, and their commitment to transparency and accountability through timely disclosure of material information. Additionally, it assesses how the board strategically guides the company, monitors management, and ensures accountability to both the company and its shareholders.

 

 

 

This marks the sixth consecutive year that Sun Life has received such recognition, underscoring its dedication to integrity, accountability, and professionalism.

 

 

 

Sun Life Philippines CEO & Country Head, Benedict Sison, expressed gratitude to the ICD for the accolade and reaffirmed the company’s pledge to uphold the highest standards of corporate governance. “With our Clients’ trust being the most important element of our business, setting high standards for corporate governance is non-negotiable. This recognition affirms the commitment of our advisors and employees to uphold Sun Life’s values in everything they do,” Sison stated. “We are grateful to ICD for this honor, and we promise to always champion its essence.”