Aboitiz Equity Ventures, Inc. (AEV) and Aboitiz Power Corporation (AboitizPower) were once again recognized by the Philippine Stock Exchange (PSE) for their exemplary performance in good corporate governance at the PSE Bell Awards last Nov. 10. “AboitizPower is committed to good governance and we are convinced that it is the sensible, appropriate, and only sustainable way to move forward as a business enterprise. Good corporate governance practices create value for the company, our team, and our businesses,” Antonio R. Moraza, AboitizPower President and Chief Operating Officer, said. AboitizPower was a PSE Bell Awardee in 2014, while AEV was a PSE Bell Finalist this year and Awardee in 2013 and 2015.

Receiving the award for AboitizPower were Jasmine Oporto, AEV SVP-Chief Compliance Officer, and Susan Valdez, AEV SVP-Chief Corporate Services Officer (second and third from left, respectively), joined by Teresita J. Herbosa and Jose T. Pardo, SEC and PSE Chairmen, respectively (far left and right, respectively).

One of the PSE’s initiatives to promote corporate governance standards in the country is the PSE Bell Awards for Corporate Governance. The PSE Bell Awards responds to the growing calls for higher corporate governance standards and more corporate social responsibility by recognizing companies which are benchmark role models of good corporate governance.