Thank you for visiting Philippine Veterans Bank!
Our website uses cookies to enhance your visitor experience.
In some pages of the website, we may need to ask for your data to process your request or inquiry. To know more and to find out how we collect, store, and handle data, please read our Privacy Policy Notice.
By continuing to navigate our website, you agree to the use of cookies and the use of your personal data pursuant to our Privacy Policy.
Corporate Governance
The Board assessment process is undertaken to measure Board efficiency through a balanced and objective platform against the goals set at the beginning of the year, roles and responsibilities as mandated by the various regulatory agencies, as well as the Bank’s own Corporate Governance Manual. Further, the assessment provides the Board valuable information that can be used as guiding tools in succession planning and objective setting as well as analysis of strengths and weaknesses, enabling the Board to act and address concerns.
In 2018, the self-assessment exercise was conducted in three areas:
a) The Individual Directors’ Assessment;
b) The Board Assessment and;
c) The Board Committee’s Assessment
Performance assessment is conducted annually with the result summary, as prepared by the Corporate Governance Officer (CGO), presented to the Board and the various Committees for their consideration and discussion.