Cebu Pacific Soars with Triple Golden Arrows for Corporate Governance Excellence

Cebu Pacific General Counsel Anne Romadine Tieng receives the Three Golden Arrows from the Institute of Corporate Directors during the awarding ceremony.

Cebu Pacific Soars with Triple Golden Arrows for Corporate Governance Excellence

By Bing Jabadan – TheNationWeek.Com | October 29, 2025

MANILA, Philippines – The country’s flagship carrier, Cebu Pacific, has cemented its position as a leader in corporate governance after securing an unprecedented second consecutive Three Golden Arrows Award from the Institute of Corporate Directors.

The prestigious recognition underscores the airline’s unwavering commitment to transparency, accountability, and ethical business practices.

The Golden Arrow Awards, highly coveted accolades in the Philippine corporate landscape, are bestowed upon publicly listed companies demonstrating exceptional performance in the ASEAN Corporate Governance Scorecard (ACGS) assessment.

This rigorous regional benchmark evaluates companies against key principles, including shareholder rights, stakeholder relations, transparency and disclosure, and the effectiveness of board oversight.

Cebu Pacific’s consistent achievement highlights its dedication to embedding robust corporate governance principles throughout its operations.

This commitment is evident in the airline’s proactive integration of sustainability initiatives, comprehensive risk management strategies, and meaningful engagement with stakeholders.

“This back-to-back recognition is a testament to our team’s dedication to upholding the highest standards of corporate governance,” stated spokesperson Carmina Reyes-Romero.

“We remain steadfast in our commitment to transparency and integrity across all levels of the organization, ensuring that we operate responsibly and ethically for the benefit of our shareholders, employees, and the communities we serve.”

Cebu Pacific’s continued success in the ACGS assessment reinforces its reputation as a responsible and forward-thinking corporate citizen, setting a benchmark for other publicly listed companies in the Philippines and across the ASEAN region.