Filinvest Group receives ICD’s golden arrow, boosts stakeholder confidence

Four listed companies of Filinvest were recognized for strong corporate governance in the 2025 Golden Arrow Awards by the Institute of Corporate Directors (ICD). Filinvest Development Corporation (FDC), Filinvest Reit Corp. (Filrt), and EastWest Banking Corporation (Eastwest) each received two golden arrows, while Filinvest Land, Inc. (Fli) found one golden arrow.
For Filinvest, good governance is the backbone of sustainable growth and stakeholder trust.
“This recognition reflects our collective effort to implement 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 success – it requires continuous effort. Incorporating the principles of good governance.
The Golden Arrow honors the companies on the custom list that achieve high ratings in the Asean Corporate Surmance Scorecard (ACGS), a globally recognized framework that measures corporate governance across five principles: Equity management, stakeholder treatment, transparency, and Board reporting. The ICD recognition of the Filinvest Group guarantees the company’s compliance with these global best practices.
Strengths in Group Management
As Banking becomes increasingly digital, EastWest Bank emphasizes strong governance by focusing on the needs and protection of customers, ensuring that it prevents its presence in the digital space.
“Good governance has shown how we lead, serve, and make decisions in the east. It ensures that we focus on our commitment to the Filinvest Group and strengthen,” shared Jerry G. NGO, CEO of EastWest.
In real estate, Fli’s management principles guide the development of sustainable and inclusive communities across the country while ensuring their projects are accessible to a variety of homeowners.
“In the good world of Filinvest, good governance means staying true to our mission of building communities where Filipinos can live a better life,” said Tristan Las Marias, President and CEO of Fli. “By supporting integrity and accountability in everything we do, we ensure that our growth is translated into real value for our owners, partners and stakeholders.”
Filrt continues to strengthen its portfolio through various mergers and acquisitions while maintaining prudent and responsible management for its shareholders.
“Receiving the Arrow Arrow Orrow from the Institute of Corporate Directors confirms Filrt’s continuous progress in developing the principles of sound amplification,” said Maricel Brion-lirio, President and CEO of Filrt.
Supporting excellence across the team
Filinvesveveli’s recognition at the Golden Arrow Award underscores its traditions of trust that have guided the company’s growth for seven decades. FDC and Fli were recognized by the ICD for the fourth year in a row, while East and Filrt celebrated their third recognition in a row. As it continues to expand beyond real estate, banking, energy, hospitality and other industries, it remains committed to supporting the best management practices while fulfilling its mission of giving dreams to the Philippines.
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