WINNING | Security Bank boosts governance edge in ASEAN landscape

Insider Spotlight

  • Security Bank elevates governance strength as ASEAN standards rise
  • Bank earns Three Golden Arrows from ICD for ACGS excellence
  • Award affirms its BetterBanking commitment to trust and transparency

Security Bank Corp. is sharpening its governance focus as heightened expectations across the ASEAN region push financial institutions to reinforce ethical leadership, transparency, and accountability.

The bank’s latest milestone—its Three Golden Arrows recognition from the Institute of Corporate Directors (ICD)—reflects a robust performance under the ASEAN Corporate Governance Scorecard (ACGS). 

Announced on Oct. 23, 2025, at Okada Manila, the distinction places Security Bank among a select group of companies scoring 100–109 points, the level reserved for organizations that demonstrate standout governance practices.

The acknowledgment was detailed in a press release issued by Security Bank, which underscored the organization’s commitment to strong governance frameworks and regional best-practice alignment.

Cirilo P. Noel 
Security Bank chair

“Receiving the Three Golden Arrows is a proud moment for Security Bank as it affirms the strength of our governance framework and the trust placed in us by our stakeholders,” said Atty. Cirilo P. Noel, chair of Security Bank. 

“This recognition motivates us to push further—enhancing our practices, fostering accountability, and creating sustainable value for the communities we serve.”

Why it matters

Strong corporate governance has become a defining differentiator for banks navigating rapid digitalization, regulatory shifts, and mounting stakeholder demands. Institutions with disciplined oversight and ethical cultures are increasingly viewed as more resilient and investment-ready.

Zoom in

Security Bank says its governance foundation rests on its BetterBanking promise—a long-term commitment to build a more customer-focused, ethically led institution. 

The bank continues to refine its governance systems, strengthen compliance safeguards, and align board-level oversight with international standards.

At the 2025 Golden Arrow Awarding Ceremony in Okada Manila, Security Bank SVP and chief compliance officer Anna Christina Chinjen (center) receives the Golden Arrow recognition, joined by ICD Trustees Tomasa H. Lipana (left) and Atty. Jose Tomas C. Syquia (right). | Contributed photo

What’s next

With the Three Golden Arrows reinforcing its governance trajectory, Security Bank is expected to accelerate enhancements in accountability, transparency, and ESG-driven policies—cornerstones it identifies as essential to long-term sustainability.

The big picture

As Philippine companies face growing scrutiny from shareholders and regional regulators, Security Bank’s governance achievement signals more than a corporate accolade; it highlights the competitive edge institutions can gain when they embed integrity and transparency at the core of their strategy. —Princess Daisy C. Ominga | Ed: Corrie S. Narisma

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