Manulife Philippines and Manulife China Bank Life Assurance Corporation (MCBL) won Golden Arrow Awards for their exemplary performance in corporate governance. The awards were given by the Institute of Corporate Directors (ICD) at their Global Governance Summit on October 23, 2025.

The Institute of Corporate Directors (ICD) recognizes publicly listed corporations that demonstrate strong compliance with the Philippine Code of Corporate Governance and internationally recommended corporate governance practices promoted by the ASEAN Corporate Governance Scorecard (ACGS) and Corporate Governance Scorecard (CGS).

The Golden Arrow Award is given to companies that achieve a score of at least 75 points in the ACGS Assessment. Manulife Philippines and MCBL each earned a Golden Arrow Award—a distinction reflecting their commitment to facilitating stakeholder rights, ensuring transparency and accountability through timely disclosures, and maintaining effective board oversight.

“Earning this recognition for three consecutive years reinforces our commitment to maintaining the highest standards of corporate governance. At Manulife Philippines, we believe that strong governance is the foundation of sustainable business growth,” said Rahul Hora, President and Chief Executive Officer, Manulife Philippines. “To honor our customers’ trust and confidence in Manulife, we will uphold transparency, accountability, and ethical practices by continuously strengthening our policies, processes, and a culture of integrity.”

“At MCBL, we believe good governance goes beyond compliance, and is about creating lasting value and building trust with everyone we serve. That is why we remain steadfast in our commitment to responsible business practices that protect our stakeholders, strengthen trust, and create enduring value for our customers and communities,” added Amy Gochuico, President and Chief Executive Officer, Manulife China Bank Life.

The ICD’s Golden Arrow Awards seek to elevate governance practices among Philippine corporations and enhance their competitiveness in attracting both local and international investors.