Lopez Holdings

 

BOARD COMMITTEES

Audit Committee
The Audit Committee checks all financial reports against their compliance with both the internal financial management handbook and pertinent accounting standards, including regulatory requirements. It consists of three Board members, all of whom are independent directors. Lopez Inc. serves as the internal auditor of Lopez Holdings. The Audit Committee met three times in 2016. Click here for the report for the year ended 2016.

Members
Mr. Cesar E. A. Virata – Chairman
Mr. Washington Z. SyCip - Member
Mr. Monico V. Jacob - Member

Audit Committee Charter

Nomination, Election and Governance Committee
The Nomination, Election and Governance Committee pre-screens and shortlists all candidates nominated to become a member of the board of directors. It consists of three Board members, two of whom are independent directors. The committee undertakes the process of identifying the qualification of directors which are aligned with the company’s strategic directions. The following guidelines are used in determining the eligibility of nominees: the nature of the business of the corporations in which he is a director; age of the director; number of directorships/active memberships and officerships in other corporations or organizations; and possible conflict of interest. The committee had two meetings in 2016, at which all members were present.

Members:
Mr. Oscar M. Lopez – Chairman
Mr. Cesar E.A. Virata – Member
Mr. Washington Z. SyCip – Member

Nomination, Election and Governance Committee Charter

Compensation and Remuneration Committee
The Compensation Committee has established a formal and transparent procedure for developing a policy on executive remuneration and for fixing the remuneration packages of corporate officers and directors. It has three members, two of whom are independent directors. The committee met twice in 2016, at which all members were present.

Members:
Mr. Manuel M. Lopez – Chairman
Mr. Cesar E.A. Virata – Member
Mr. Washington Z. SyCip – Member

Compensation and Remuneration Committee Charter

Risk Management Committee
The Risk Management Committee performs oversight financial management functions specifically in the areas of managing credit, market, liquidity, operational, legal and other risks of the Corporation. It has three members, all of whom are independent directors. The risk management committee met twice in 2016, at which all members were present.

Members:
Mr. Monico V. Jacob – Chairman
Mr. Cesar E.A. Virata – Member
Mr. Washington Z. SyCip – Member

 

Mailing List

Please enter your email address to join our mailing list and receive our corporate updates.

CONTACT US

Lopez Holdings Corporation (formerly Benpres Holdings Corporation)
4/F Benpres Building, Exchange Road, 1605 Pasig City, Philippines

  • Trunkline: (632) 449-2345
  • Fax: (632) 634-3009