Lopez Holdings

 

BOARD COMMITTEES

Audit Committee
The Audit Committee assists the Board in fulfilling its oversight responsibilities for management and financial reporting processes, the system of internal control, the maintenance of effective internal and external audit processes, and the Corporation’s process for monitoring compliance with laws and regulations. With the passing of Mr. Washington Z. SyCip, the committee presently has only two members, both of whom are independent directors. Lopez Inc. serves as the internal auditor of the Corporation. The Audit Committee met twice in 2017. Click here for the report for the year ended 2016.

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

Audit Committee Charter

Corporate Governance Committee
The Corporate Governance Committee assists the Board (i) in the performance of its corporate governance responsibilities, including the determination of the process for the nomination and election of directors, and for the appointment and promotion of senior officers, (ii) in the performance of the functions that were formerly assigned to the Compensation and Remuneration Committee, and (iii) in reviewing all material related party transactions of the Corporation. With the passing of Mr. SyCip, the committee presently has only two members, both independent directors. The committee had four meetings in 2017 at which all members were present.

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

Corporate Governance Committee Charter

Board Risk Oversight Committee
The Board Risk Oversight Committee assists the Board in ensuring that there is an effective and integrated risk management process in place. It is responsible for the oversight of the Corporation’s Enterprise Risk Management system to ensure its functionality and effectiveness. With the passing of Mr. SyCip, it presently has only two members, both of whom are independent directors. The committee met once in 2017, at which all members were present.

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

Board Risk Oversight Committee Charter

 

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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