Board Committees

To assist the Board of Directors in ensuring compliance with good corporate governance principles, the following committees have been formed:

 

Executive Committee

The Executive Committee which exercises, in between meetings of the Board, all the powers of the Board (except those powers expressly reserved by applicable law to the Board) in the management and direction of the business and conduct of the affairs of the Company, subject to any specific directions given by the Board.

Willy N. Ocier Chairman
Armin B. Raquel-Santos Member
Ma. Virginia V. Abo-Hamda Member

 

To view the Executive Committee Charter, click here.

 

Audit Committee

The Audit Committees assists the Company’s Board in discharging its responsibilities with regard to financial reporting, external and internal audits and controls, including reviewing Pacific Online’s quarterly and annual financial statements, considering the scope of the Company’s annual external audit, approving the Company’s internal audit program, advising on the appointment of external auditors, and reviewing the effectiveness of the Company’s internal control systems and risk management systems.

Laurito E. Serrano   Chairman (Independent Director)
Jerry C. Tiu Member (Independent Director)
Tarcisio M. Medalla Member (Director)
   

 

To view the Audit Committee Charter, click here.

 

Risk Committee

The Risk Committee assists the Board in the performance of its oversight responsibility for the financial reporting process, system of internal control, audit process, and monitoring of compliance with applicable laws, rules and regulations; and provide oversight over Management’s activities in managing credit, market, liquidity, operational, legal and other risks of the Company.

Laurito E. Serrano Chairman (Independent Director)
Jerry C. Tiu Member (Independent Director)
Tarcisio M. Medalla Member (Director)
   

 

To view the Risk Committee Charter, click here.

 

Compensation and Remuneration Committee

The principal roles of the Compensation and Remuneration Committee are: (i) to consider and determine all elements of the remuneration of the executive officers and of the heads of the operating subsidiaries; and (ii) to determine targets for any performance-related pay schemes operated by the Company. The Remuneration Committee makes recommendations to the Board in regard to all elements of the remuneration for the executives and the directors.

Jerry C. Tiu Chairman (Independent Director)
Laurito E. Serrano Member (Independent Director)
Tarcisio M. Medalla Member (Director)

 

To view the Compensation and Remuneration Committee Charter, click here.

 

Nomination Committee

The Nominations Committee is responsible for reviewing, from time-to-time, the structure of Pacific Online’s Board; and identifying, evaluating and recommending candidates for Board vacancies to ensure there is a balanced Board in terms of skills, knowledge and experience.

The Nomination Committee is tasked to evaluate all nominees for election to the Board of Directors, and make a determination that such nominees possess all the qualifications, and none of the disqualifications, as prescribed by the Company’s Manual on Corporate Governance.

Laurito E. Serrano Member (Independent Director)
Jerry C. Tiu Member (Independent Director)

 

To view the Nomination Committee Charter, click here.

 

Corporate Governance Committee

 

Joseph C. Tan - Chairman Chairman (Independent Director)
Laurito E. Serrano Member (Independent Director)
Jerry C. Tiu Member (Independent Director)

To view the Corporate Governance Committee Charter, click here.

 

Related Party Transactions Committee

 

Joseph C. Tan - Chairman Chairman (Independent Director)
Laurito E. Serrano Member (Independent Director)
Jerry C. Tiu Member (Independent Director)
Regina O. Reyes Member (Director)
Ma. Virginia V. Abo-Hamda Member (Director)

 

To view the Related Party Transactions Committee, click here.