Insider Spotlight
The Bank recently earned Three Golden Arrows from the Institute of Corporate Directors (ICD), recognizing its adherence to corporate governance standards. The distinction was presented during the Golden Arrow Awards 2026, held on October 23 at Makati Shangri-La.
Why it matters
For financial institutions entrusted with personal savings, business capital, and investments, corporate governance goes beyond regulatory compliance.
It provides the framework for effective oversight, responsible risk management, and institutional accountability—critical elements in maintaining public confidence and financial stability.
Security Bank chair Cirilo Noel underscored the institution's responsibility to uphold these principles.
“People trust us with their money and their financial futures. We have a responsibility to earn that confidence through the way we run the Bank,” said Noel. “This recognition reflects our continued commitment to sound oversight, responsible decisions, and accountability.”
Behind the recognition
The Golden Arrow Awards are anchored on the ASEAN Corporate Governance Scorecard (ACGS), which evaluates publicly disclosed governance practices among participating companies.
The assessment covers shareholder rights, transparency, sustainability and resilience, stakeholder relations, and board accountability.
These criteria provide a framework for evaluating how institutions balance business performance with responsible corporate conduct.
The bigger picture
For customers, strong governance reinforces confidence that financial decisions are subject to appropriate oversight and risk controls.
For investors, transparent governance practices offer valuable indicators of institutional discipline, management accountability, and long-term value creation.
What's next
Security Bank's recognition highlights the continuing importance of embedding governance principles into everyday banking operations.
As financial institutions navigate evolving risks and stakeholder expectations, maintaining sound oversight and transparent decision-making remains essential to sustaining trust, strengthening resilience, and supporting responsibility. —Ramon C. Nocon | Ed: Corrie S. Narisma