AUDIT COMMITTEE

The Audit Committee assists the Board in fulfilling its oversight responsibilities for management and financial reporting processes, the system of internal controls, 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 independent directors. Lopez Inc. serves as the internal auditor of the Corporation.

The committee had four meetings in 2020, at which all members were present. Click here for the Audit Committee report for the year ended 2020.

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

Attendance of Members in Audit Committee Meetings

A – ABSENT P – PRESENT

Audit Committee Charter 
Internal Audit Charter
Audit Committee Performance Assessment Questionnaire
Internal Audit Head Performance Assessment Questionnaire