Committees and Charters

The Board has established committees to assist in exercising its authority in monitoring the performance of the company. The committees provide organized and focused means for the directors to achieve specific goals and address issues, including those related to governance. 

At its organizational meeting held immediately after the stockholders’ meeting on April 21, 2017, the Board of Directors elected the following:

EXECUTIVE COMMITTEE

Jaime Augusto Zobel de Ayala – Chairman
Fernando Zobel de Ayala – Member
Keiichi Matsunaga – Member

+ Executive Committee Charter

AUDIT COMMITTEE

Xavier P. Loinaz – Chairman
Keiichi Matsunaga – Member
Ramon R. del Rosario, Jr. – Member

+ Audit Committee Charter

RISK MANAGEMENT and RELATED PARTY TRANSACTIONS COMMITTEE

Antonio Jose U. Periquet– Chairman
Yoshio Amano – Member
Ramon R. del Rosario, Jr. – Member

+ Risk Management Committee Charter

NOMINATION COMMITTEE

Ramon R. del Rosario, Jr. – Chairman
Xavier P. Loinaz – Member
Antonio Jose U. Periquet – Member

+ Nomination Committee Charter

PERSONNEL AND COMPENSATION COMMITTEE

Ramon R. del Rosario, Jr. – Chairman
Delfin L. Lazaro – Member
Keiichi Matsunaga – Member

+ Personnel and Compensation Committee Charter

FINANCE COMMITTEE

Delfin L. Lazaro – Chairman
Antonio Jose U. Periquet – Member
Jaime Augusto Zobel de Ayala – Member
Fernando Zobel de Ayala – Member

+ Finance Committee Charter

COMMITTEE OF INSPECTORS OF PROXIES AND BALLOTS*

Solomon M. Hermosura – Chairman
Catherine H. Ang – Member
Josephine G. De Asis – Member

*May not be members of the Board of Directors

+ Committee of Inspectors of Proxies and Ballots Charter

 

Executive Committee Charter

The Board of Directors of Ayala Corporation hereby adopts this Revised Charter of the Executive Committee on June 26, 2014.

 

To continue reading, view or download:

EXECUTIVE COMMITTEE CHARTER

back to top

 

Audit Committee Charter

Revisions approved by the Audit and Risk Committee on 5 March 2014 and amended by resolution of the Board on 10 March 2014

 

To read more, view or download:

AUDIT COMMITEE CHARTER 

back to top

 

 

Risk Management Committee Charter

The Risk Management Committee of the Board of Directors of Ayala Corporation is established by the Board on June 26, 2014 to provide assistance in fulfilling the Board’s oversight responsibilities in relation to risk governance in Ayala Corporation. The assistance includes ensuring that Management maintains a sound risk management framework and internal controls system, and helping in the identification of material risk exposures and assessment of its impact in achieving the Corporation’s objectives.

 

To read more, view or download:

RISK MANAGEMENT COMMITTEE CHARTER

back to top

 

Nomination Committee Charter

The Board of Directors of Ayala Corporation hereby adopts this Revised Charter of the Nomination Committee on June 26, 2014.

 

To read more, view or download:

NOMINATION COMMITTEE CHARTER

back to top

 

Personnel and Compensation Committee Charter

The Board of Directors hereby adopts this 2012 Charter of the Personnel and Compensation Committee of the Board.

 

To read more, view or download:

PERSONNEL AND COMPENSATION COMMITTEE CHARTER

back to top

 

Finance Committee Charter

The Finance Committee is a standing committee of the Board of Directors. The Committee shall oversee the Corporation’s financial policy and strategy, including capital structure, dividend policy, acquisitions and divestments that may be brought to the Board for approval. The Committee shall also have such other powers and perform such other duties as the Board may delegate to it.

The Finance Committee shall not have principal oversight with respect to the Corporation’s financial reporting, which is the responsibility of the Audit Committee.

 

To read more, view or download:

FINANCE COMMITTEE CHARTER

Last updated 2013

back to top
 

 

Committee of Inspectors of Proxies and Ballots Charter

The Board of Directors of Ayala Corporation hereby adopts this Charter of the Committee of Inspectors of Proxies and Ballots on June 26, 2014.

 

To read more, view or download:

CHARTER OF THE COMMITTEE OF INSPECTORS OF PROXIES AND BALLOTS

back to top

  • Real Estate
  • Water Infrastructures
  • Energy
  • Social Commitment
  • Financial Services
  • Electronic Manufacturing
  • Transport Infrastructure
  • Telecommunications
  • BPO and Education
  • Automotive