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. The committee has three members, all of whom are independent directors. Lopez Inc. serves as the internal auditor of the Corporation.

The Audit Committee met four (4) times in 2018. The Audit Committee approved the audit and non-audit services conducted by the external auditor, Sycip Gorres Velayo & Co. in 2018.

Click here for the Audit Committee report for the year ended 2018

Members
Mr. Cesar E. A. Virata – Chairman
Mr. Monico V. Jacob - Member
Amb. Lilia R. Bautista - Member

Audit Committee Charter

Attendance in Audit Committee Meetings

2018

CEAV

LRB

MVJ

APRIL 12

P

P

P

MAY 17

P

P

P

AUGUST 13

P

P

P

NOVEMBER 14

P

P

P

 

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.  The committee has three members, all independent directors. The committee had five meetings in 2018.

Members
Amb. Lilia R. Bautista – Chairman
Mr. Cesar E. A. Virata – Member
Mr. Monico V. Jacob - Member

Corporate Governance Committee Charter

Attendance in Corporate Governance Committee Meetings

2018

CEAV

LRB*

MVJ

MARCH 15

P

-

P

APRIL 12

P

P

P

MAY 17

P

P

P

AUGUST 13

P

P

P

NOVEMBER 14

P

P

P

*Amb. Lilia R. Bautista was elected during the board meeting on March 15, 2018 which was held after the Corporate Governance Committee meeting that day.

 

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.   The Committee has four members, three of whom are independent directors. The committee met twice in 2018.

Members:
Mr. Monico V. Jacob – Chairman
Mr. Cesar E.A. Virata – Member
Amb. Lilia R. Bautista - Member
Mr. Salvador G. Tirona - Member

Board Risk Oversight Committee Charter

 Attendance in Board Risk Oversight Committee Meetings

2018

CEAV

LRB

MVJ

SGT

         

AUGUST 13

P

P

P

P

NOVEMBER 14

P

P

P

P

Mailing List

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

CONTACT US

Lopez Holdings Corporation 
16/F North Tower, Rockwell Business Center Sheridan, Sheridan St. corner United St., 1550 Bgy. Highway Hills, Mandaluyong City, Philippines

  • Trunkline: (632) 8878 0000
  • Fax: (632) 8878 0000 ext 2009