Globe sweeps FinanceAsia Awards

MANILA, Philippines - Globe, a leading telecommunications company in the Philippines, received the most number of citations including the country’s Best CEO and Best CFO awards during a recent poll conducted by FinanceAsia, the Hong Kong-based publishing giant.

Globe was conferred seven awards out of the nine sectors in the prestigious 10th Annual Poll of Philippine Top Companies participated in by more than 300 international investors and analysts.

Ernest L. Cu, Globe president and CEO, was adjusted Best CEO along with Globe chairman and Ayala CEO Jaime Augusto Zobel de Ayala while Albert de Larrazabal of Globe was hailed Best CFO followed by Luis Juan Oreta of Manila Water.

Globe ranked second in the Best Managed Company and Best in Corporate Governance Categories where Ayala Corp. and Manila Water placed first and third, respectively.

Globe also placed second in terms of the Most Committed to a Strong Dividend, third in Investor Relations, and eighth in Corporate Social Responsibility.

“This honor testifies to our commitment to strengthening our shareholder relations and finding ways to improve the way we do business given the challenging times,” says Cu. “At the heart of our core business strategy are our principles of good governance and transparency with our key stakeholders,” Cu adds.

Last year, Globe received citations in six key sectors while the whole Ayala Group led the annual poll of the region’s top companies. For he past decade, Globe has been a consistent top placers in the annual polls conducted among some the world’s most respectable executives in the financial industry.

FinanceAsia was established in 1996 and is now a leading financial publishing company in Asia with bureaus in Hong Kong, Singapore, and Sydney. It covers Asia’s fast moving financial and capital markets.