MANILA, Philippines — SM Investments Corp. (SMIC) and its subsidiaries recently received seven awards from Hong Kong-based publication Corporate Governance (CG) Asia during its Best of Asia Awards 2017.
SMIC and its subsidiaries/ affiliates SM Prime Holdings and BDO Unibank were chosen as awardees from the Philippines.
CG Asia cited SMIC, SM Prime and BDO as “Asia’s Icons of Corporate Governance” for the 12th, 7th and 13th year, respectively.
The magazine also recognized SMIC chairman Jose Sio, BDO chairperson Teresita Sy-Coson, BDO president Nestor Tan and SM Prime president Jeffrey Lim with the “Asian Corporate Director Recognition Award”.
CG Asia recognizes companies who have consistently made the honor rolls in its annual awards with the highest accolade of Icons in Corporate Governance as they continue to uphold the best practices irrespective of the business cycle.
The Asian Corporate Director Recognition Awards acknowledge outstanding corporate directors from boards of public and private companies in Asia and have been leaders in guiding their boards and executive management in growing their companies and maintaining the ethics of their respective boards.
Corporate Governance Asia is read by 14,000 companies in Asia and provides editorial content with extensive coverage on the latest and current developments, legislation, case studies and various analyses relating to corporate governance practices in the region.