SM Investments strengthens governance legacy with back-to-back 5 Golden Arrows

Amando M. Tetangco, Jr.
SM Investments chair

The Sy family-led conglomerate SM Investments Corp. (SM Investments) reaffirmed its reputation for strong governance and responsible leadership, earning its second consecutive 5 Golden Arrow Award from the Institute of Corporate Directors (ICD).

The back-to-back recognition highlights the SM Group’s consistent adherence to transparency, accountability, and long-term value creation. 

“Receiving this award for the second year in a row reflects the dedication of our Board, management, and employees across the SM group,” said SM Investments chair Amando M. Tetangco Jr. 

"This recognition reinforces our collective commitment to sustaining a culture of integrity, accountability, and responsible stewardship,” he added. 

The Golden Arrow Awards evaluate publicly listed firms on board effectiveness, shareholder rights, stakeholder engagement, and sustainability performance. 

SM Prime Holdings Inc. also earned a 5 Golden Arrow, alongside other SM affiliates such as BDO Unibank, China Banking Corp., and Belle Corp. The repeat recognition signals that the SM Group’s governance standards remain among the strongest in the Philippines.

—Edited by Miguel R. Camus 

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