All first-time Directors are required to attend a special seminar on corporate governance for board of directors. The orientation for first-time Directors begins immediately after they are selected and before their first Board meeting. They are furnished with a copy of the general responsibility and specific duties and responsibilities of the Board and of a Director. Directors are required to certify under oath that they have received copies and fully understand and accept the general responsibility and specific duties. The certification is also submitted to the BSP, together with a certification that he or she has all the prescribed qualifications and none of the disqualifications after their election. 

The Bank also has a policy on continuing education for Directors. In maintaining their professional proficiency, the Directors are encouraged to continuously enhance their skills, knowledge and understanding of the activities that the Bank is engaged in or intends to pursue, as well as the developments in the banking industry, including regulatory changes through continuing education or training.