WINNING | Converge strengthens leadership through governance gains

Insider Spotlight

• Converge strengthens its position as a broadband industry leader through sustained corporate governance standards
• The company retains the Philippines’ highest corporate governance rating for a second consecutive year
• Converge says responsible leadership supports its mission to expand digital access to underserved communities
  
  
  
  

Converge ICT Solutions Inc. is reinforcing its position in the Philippine telecommunications industry by placing corporate governance at the center of its growth strategy, linking responsible leadership with its mission to expand nationwide digital connectivity.

The big picture

The fiber broadband provider secured the Five Golden Arrow rating for the second consecutive year at the Institute of Corporate Directors’ (ICD) Golden Arrow Awards on Oct. 23, recognizing its governance performance among publicly listed companies in 2025.

The distinction represents the highest corporate governance rating under the ASEAN Corporate Governance Scorecard (ACGS).

Why it matters

Strong governance has become increasingly important for telecommunications companies navigating rapid technological change, infrastructure expansion, and growing expectations for corporate accountability.

For Converge, the recognition reflects its evolution from an emerging market challenger into an established industry player.

“Being awarded the top governance rating for two straight years for a young listed company highlights the trajectory of Converge from a market challenger to an industry leader anchored by rigorous governance standards,” said Estela Perlas-Bernabe, former senior associate justice and chair of the Converge board of directors.

By the numbers

Converge has steadily improved its governance standing since becoming publicly listed.

The company initially received One Golden Arrow before advancing to Three Golden Arrows in 2022 and 2023, eventually securing the highest rating in 2024.

This progression demonstrates sustained improvements in governance practices, according to the company release.

What they're saying

Jose P. de Jesus, Converge independent director and immediate past chairman, emphasized that corporate governance remains fundamental to the company's operations.

“At Converge, good governance is the very foundation of how we operate and how we serve,” he said during the ceremony.

“Regardless of how rapidly the technological landscape shifts, our true north remains unchanged. Our mission is to democratize technology by providing access to world-class, quality internet to the unserved and underserved. At Converge, our choice is clear: we use tech for good,” he stressed, pointing out that strong corporate governance is what steers and safeguards this core purpose.

Estela Perlas-Bernabe 

Former Associate Justice and Converge chair of the board of directors 

What's next

As Converge expands, its leadership is emphasizing connectivity as a catalyst for community development, local economic activity, and broader digital inclusion.

The company maintains that responsible governance will remain central to delivering these long-term commitments. — Princess Daisy C. Ominga | Ed: Corrie S. Narisma