Four listed companies of the Filinvest Group were recognized for strong corporate governance at the 2025 Golden Arrow Awards by the Institute of Corporate Directors (ICD). Filinvest Development Corporation (FDC), Filinvest REIT Corporation (FILRT), and EastWest Banking Corporation (EastWest) each received two Golden Arrows, while Filinvest Land, Inc. (FLI) received a Golden Arrow.
For Finvest, good governance is the backbone of sustained growth and stakeholder trust.
“This recognition reflects our collective effort to institutionalize strong governance practices in all aspects of our operations,” said Rhoda A. Huang, President and CEO of FDC. “At Filinvest, we understand that this is not a one-time achievement – it requires sustained effort. Incorporating good governance principles into the organization supports our growth plans and fosters trust among our stakeholders.”
The Golden Arrow Awards honor publicly listed companies that achieve high ratings in the ASEAN Corporate Governance Scorecard (ACGS), an internationally benchmarked framework that measures corporate governance on five principles: shareholder rights, equitable treatment, stakeholder relations, transparency and board accountability. ICD's accreditation of Finvest Group confirms the companies' alignment with these global best practices.
Strengthening governance across the group
As banking becomes increasingly digital, EastWest Bank emphasizes strong governance by focusing on customer needs and security, ensuring accountability while safeguarding its presence in the digital sphere.
“Good governance shapes the way we lead, serve and make decisions at EastWest. It ensures we maintain integrity, accountability and the trust placed in us by our customers. This shared commitment unites us with the broader Filinvest group and strengthens our dedication to responsible, sustainable growth,” said Jerry G., CEO of EastWest. Ngo shared.
In real estate, FLI's governance principles guide the development of sustainable and inclusive communities across the country, while ensuring that its projects are accessible to a wide range of homeowners.
“At Filinvest Land, good governance means staying true to our purpose of building communities where Filipinos can live better lives,” said FLI President and CEO Tristan Las Marias. “By maintaining integrity and accountability in everything we do, we ensure that our growth translates into real value for our homeowners, partners and stakeholders.”
FILRT continues to strengthen its portfolio through a more diverse tenant mix while maintaining prudent and responsible management for its shareholders.
“Earning 2-Golden Arrow recognition from the Institute of Corporate Directors confirms FILRT’s continued progress in pursuing strong governance principles. It reflects our steadfast commitment to integrity, transparency and accountability as we strengthen our REIT platform and maintain Filinvest Group’s vision of sustainable growth,” said Maricel Bryan-Lirio, FILRT President and CEO.
Maintaining excellence across the group
Filinvest Group's recognition at the Golden Arrow Awards underlines its culture of trust that has guided the company's growth for seven decades. FDC and FLI were honored by ICD for the fourth consecutive year, while EastWest and FILRT celebrated recognition for the third consecutive year. As it continues to expand into real estate, banking, power, hospitality and other industries, it is committed to maintaining best governance practices while fulfilling its purpose of enabling the Filipino dream.
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