Manulife Philippines and Manulife China Bank Life Assurance Corporation (MCBL) recently won two Golden Arrow Awards for exemplary performance in corporate governance. The awards were given by the Institute of Corporate Directors at their Global Governance Summit held on September 19, 2024.
The Institute of Corporate Directors (ICD) recognizes publicly listed corporations that have exhibited observable conformance with the Philippine Code of Corporate Governance and internationally recommended corporate governance practices promoted by the ASEAN Corporate Governance Scorecard (ACGS) and Corporate Governance Scorecard (CGS). The ACGS and CGS measure fair stakeholder treatment, accountability and transparency, and board effectiveness on the strategic management of a company, based on publicly available disclosures.