Board Committee
Executive Committee
The Executive Committee, which acts upon matters affecting the general policy of the Company and such matters as the Board may entrust to it in between meetings of the Board. The Executive Committee, as provided in Maynilad’s By-Laws, has five members, composed of the Chairperson of the Board or the Vice Chairperson who shall act as chairperson of all meetings of the committee, two members of the Board and such other persons or officers as the Board may designate.
CHAIRPERSON
Isidro A. Consunji
MEMBER
Ramoncito S. Fernandez
MEMBER
Jose Ma. K. Lim
MEMBER
June Cheryl Cabal-Revilla
MEMBER
Nagahito Miyoshi
Audit, Risk Oversight and Related Party Transactions Committee
The Audit, Risk Oversight and Related Party Transactions Committee performs oversight functions over the Company’s financial reporting, internal control system, internal and external audit processes, and compliance with applicable laws and regulations. It also performs risk oversight functions and oversight in the implementation of related party policies and procedures, and ensures that any related party transaction occurs at market prices, at arm’s-length basis and under conditions that protect the rights of all shareholders. The committee is composed of five members, majority of whom are independent directors, including the Chairman.
CHAIRPERSON
Fortunato T. de la Pena
MEMBER
Ma. Assunta C. Cuyegkeng
MEMBER
Gil S. Jacinto
MEMBER
June Cheryl A. Cabal- Revilla
MEMBER
Nagahito Miyoshi
Nomination and Compensation Committee
The Nomination and Compensation Committee ensures that all the directors that will be nominated to the Board have all the qualifications and none of the disqualifications provided in the Manual of Corporate Governance, in R.A. No. 11600 insofar as the independent directors are concerned, and under existing laws and regulations. It also reviews with the Board the appropriate skills and characteristics required on the Board within the context of the Company’s strategic direction and establishes a formal and transparent procedure for developing a policy on executive remuneration and for fixing the remuneration packages of the directors. The committee is composed of five members, two of whom are independent directors, and three non-executive directors including the Chairman.
CHAIRPERSON
Manuel V. Pangilinan
MEMBER
Jose Ma. K. Lim
MEMBER
Isidro A. Consunji
MEMBER
Ma. Assunta C. Cuyegkeng
MEMBER
Gil S. Jacinto
Corporate Governance and Sustainability Committee
The Corporate Governance and Sustainability Committee ensures compliance by the Company with corporate governance principles and practices and oversees the development of the Company’s sustainability framework and policies, with a view of creating value not only for the Company but also for the nation at large. The committee is composed of five members, majority of whom are independent directors, including the Chairman.
CHAIRPERSON
Ma. Assunta C. Cuyegkeng
MEMBER
Fortunato T. de la Pena
MEMBER
Gil S. Jacinto
MEMBER
June Cheryl A. Cabal- Revilla
MEMBER
Nagahito Miyoshi
Sustainability Council
Roel Espiritu
CHIEF SUSTAINABILITY OFFICER
