LANDBANK, GCG strengthen partnership towards good governance

LANDBANK President and CEO Cecilia C. Borromeo (seated, 2 nd from right) pays a courtesy visit to the Governance Commission for GOCCs (GCG) led by Chairperson Alex L. Quiroz (seated, 3rd from right) on 08 November 2022 to express support for GCG’s plans and programs towards the effective management of GOCCs in the country.

The Land Bank of the Philippines (LANDBANK) expressed its continued support to
the Governance Commission for GOCCs (GCG) in ensuring the delivery of responsive
and efficient service of Government-Owned or-Controlled Corporations (GOCCs) to

LANDBANK President and CEO Cecilia C. Borromeo met with GCG Chairperson Alex
L. Quiroz on 08 November 2022 to explore areas of collaboration, including future
plans to further optimize LANDBANK’s organizational structure.

Likewise, GCG commended LANDBANK for consistently garnering a high rating on
the Corporate Governance Scorecard (CGS) among GOCCs over the years,
demonstrating the state-run Bank’s adherence to the highest standards of excellence
in public service.

Also present in the meeting from GCG were Commissioners Atty. Gideon Mortel and
Atty. Geraldine Marie Berberabe-Martinez, Directors Atty. Lovely Joy Avisado and Atty. Johann Carlos Barcena, and from LANDBANK, Executive Vice President Alex A.
Lorayes, Senior Vice Presidents Elcid C. Pangilinan, Joselito B. Vallada, Ramon R.
Monteloyola, and other officers from the two institutions.

LANDBANK currently serves the banking needs of GCG, including payroll service for
its employees and convenient digital payment solutions to suppliers through the
LANDBANK weAccess, the Bank’s internet banking facility for institutional clients.

The Bank maintains a strong corporate governance culture anchored on integrity,
transparency, and accountability, as part of its continued commitment to deliver
quality financial and support services in serving the nation.

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