2020 ASEAN Corporate Governance Scorecard

Level 2 PENALTIES CGS SECTIONS
E.4.1

Has the chairman been the company CEO in the last three years?

Response

YES. The Chairman and CEO roles are unified to centralize leadership as at this time. Since our vertical integration as a coal mining and energy enterprise, the need for an equally cohesive leadership is vital to address the strategic challenges and expansion opportunities affecting our Company's operations and sustainability.
 

 

Our Company's governance structure ensures a check and balance of power and accountability through defined roles and responsibilities of the Board, CEO and Management in our Amended By-Laws and Manual on Corporate Governance, and good governance framework, annual Board and CEO performance evaluation process, among others.                                     

Good Governance Department

Joseph D. Susa
Tel: (+632) 8888-3942
Email: [email protected]