WINNING | Jollibee sharpens governance as global reach grows

November 9, 2026
8:49AM PHT
Updated: November 9, 2026
9:19AM PHT

Insider Spotlight

  • Jollibee Group strengthens corporate governance as its global restaurant network expands.

  • The company secures two Golden Arrows for the second straight year, marking five consecutive years of recognition.

  • Improved governance scores reinforce its focus on transparency, accountability, and sustainable growth.

Philippine restaurant giant Jollibee Foods Corporation (JFC) is strengthening its corporate governance framework as it manages an expanding international portfolio of more than 10,700 stores and cafés across 33 countries.

The big picture

Jollibee Group received two Golden Arrows at the 2026 Golden Arrow Awards organized by the Institute of Corporate Directors (ICD), marking its second consecutive year securing two arrows and fifth straight year earning recognition.

The distinction reflects improved performance in the 2025 ASEAN Corporate Governance Scorecard (ACGS), which evaluates publicly listed companies against regional governance standards.

Atty. Vem King (center), Jollibee Group Philippine general counsel, receives one of the company’s two Golden Arrow Awards from Ramoncito Fernandez (left), trustee of the Institute of Corporate Directors, and Senen L. Matoto (right), vice chairman of the institute, during the awards ceremony at Makati Shangri-La on October 23, 2026. | Contributed photo

Why it matters

Stronger governance becomes increasingly important as Jollibee oversees a diversified portfolio of 20 restaurant and beverage brands, including international businesses and strategic investments.

The company said its governance priorities support operational accountability, transparency, and long-term stakeholder value.

“This recognition reflects our sustained efforts over the years to strengthen corporate governance across the Jollibee Group. As we continue to grow, we remain focused on governance practices that support our business priorities, strengthen accountability and transparency, and create long-term value for our stakeholders. We will continue to pursue practical improvements that strengthen our governance while supporting the needs of the business,” said Ernesto Tanmantiong, Jollibee Group global president and chief executive officer.

By the numbers

JFC improved its ACGS score from the previous year, although its exact rating was not disclosed, according to a company release dated November 6.

Companies must achieve at least 75 points to qualify for a Golden Arrow.

Zoom in

The assessment examines shareholder rights, equitable treatment, sustainability and resilience, stakeholder relations, disclosure and transparency, and board oversight.

The recognition was presented during an October 23 ceremony at Makati Shangri-La, where Atty. Vem King, Jollibee Group Philippine general counsel, accepted the award.

What's next

Jollibee intends to pursue further governance improvements alongside its global growth strategy, positioning stronger corporate oversight as a foundation for sustainable expansion and long-term value creation. — Princess Daisy C. Ominga | Ed: Daxim L. Lucas

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