UnionBank of the Philippines (UnionBank) continues to strengthen its commitment to responsible banking after earning the Four Golden Arrows recognition from the Institute of Corporate Directors (ICD) for the third consecutive year, highlighting its consistent corporate governance practices.
The Golden Arrow Awards recognize publicly listed companies based on their performance under the ASEAN Corporate Governance Scorecard (ACGS), a regional assessment of corporate governance standards. The evaluation covers key areas such as shareholder rights, transparency and disclosure, risk management, and board oversight. UnionBank’s Four Golden Arrows distinction places it among a select group of organizations recognized for their strong corporate governance practices.
For customers, good governance goes beyond policies and procedures. It means having a bank that values accountability, transparency, and ethical decision-making in every aspect of its operations. These principles help ensure responsible management of products and services while strengthening the confidence of customers and stakeholders.
“Good governance matters most when the choices are difficult,” said Ana Aboitiz Delgado, UnionBank president and CEO. “It means weighing competing interests, making the call, and being accountable for the outcome. As UnionBank grows and the environment in which businesses operate becomes more complex, that discipline becomes even more important. We are grateful for this recognition and view it as an opportunity to reaffirm our commitment to building our customers’ trust through the decisions we make and every interaction we have with them.”
The recognition also reflects the Aboitiz Group’s continued commitment to strong corporate governance. Alongside UnionBank, Aboitiz Equity Ventures also received Four Golden Arrows, while Aboitiz Power Corporation earned Three Golden Arrows at this year’s awards.
As UnionBank advances its customer-focused growth and NextGen banking initiatives, sound corporate governance remains an important foundation for its continued innovation and development. Its latest recognition reinforces the Bank’s commitment to integrity, accountability, and transparency as it works to build lasting relationships and maintain the trust of its customers.
For more information, follow UnionBank on Facebook, X (formerly Twitter), Instagram, and YouTube. Union Bank of the Philippines is regulated by the Bangko Sentral ng Pilipinas (https://www.bsp.gov.ph). Deposits are insured by PDIC up to Php 1 Million per depositor. For more information, visit the UnionBank website or contact (+632) 8841-8600.
