Ang Pahayagan

Cebu Pacific Receives Golden Arrow Award for Good Corporate Governance

Cebu Pacific has been honored anew for its corporate governance leadership, receiving Three Golden Arrows from the Institute of Corporate Directors (ICD).

This marks the third time CEB was recognized alongside other top publicly listed Philippine companies for exemplary compliance with government regulations. The prestigious Golden Arrow award is based on the ASEAN Corporate Governance Scorecard (ACGS) and the Corporate Governance Scorecard (CGS), which assess companies across key governance pillars including board responsibility, transparency, and shareholder protection.

“We are deeply honored by this recognition,” said Atty. Anne Romadine Tieng, CEB’s General Counsel. “For millions of Filipinos who trust us with their travel, this award reflects our commitment to not only offering accessible and affordable flights but also maintaining the highest standards of corporate integrity and transparency.”

📸 Gokongwei Group executives receive Golden Arrow awards for corporate governance on behalf of their companies during the ICG event.

CEB’s achievement of Three Golden Arrows is a notable improvement from last year’s Two Golden Arrows. According to the ICD, the airline performed exceptionally well compared to other transport sector organizations across several key governance areas, such as shareholder rights protection, stakeholder engagement, transparency, board responsibilities, and adherence to governance standards.

As CEB continues to grow, the airline remains committed to embedding strong governance practices within its operations, ensuring sustainable growth while maintaining the trust of its stakeholders. (PR)

Top 📸 Cebu Pacific, represented by General Counsel Atty. Anne Romadine Tieng, receives Three Golden Arrows award at the ICG ceremony.

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