Awards
Monday, May 31, 2010
Aboitiz Equity Ventures, Inc. (AEV) and all its three publicly listed subsidiaries, Aboitiz Power Corp. (AboitizPower), Aboitiz Transport System Corp. (ATS) and Union Bank of the Philippines (UnionBank), all landed in the top 30 out of 214 companies ranked by the Institute of Corporate Directors (ICD) for its 2009 Corporate Governance Scorecard for listed companies. The four companies were ranked in the silver category for scoring between 90% to 94%. ICD Chairman Jesus Estanislao (at center) presented the plaques of recognition to AEV Chairman Jon Ramon Aboitiz (2nd from right), AEV Chief Reputation Officer Sebastian Lacson representing AboitizPower, ATS Senior Vice President -CFO Lilian Cariaso, and UnionBank Chairman and CEO Justo Ortiz during the ICD 7th Annual Dinner held recently at the Manila Peninsula Hotel.