D&L Industries is committed to the highest standards of responsible corporate governance. Our Board is elected annually and currently consists of seven directors, four of which are non-executive and independent.
The most recent election of the following Board Members was on June 4, 2018
Yin Yong Lao - Chairman
John Lao - Vice Chairman
Alvin Lao - President & Chief Executive Officer
Mercedita Nolledo - Independent Director
Filemon Berba - Independent Director
Corazon de la Paz-Bernardo - Independent Director
Lydia Balatbat-Eschauz - Independent Director
The Annual Corporate Governance Reports have been filed in compliance with the requirements of the Revised Corporate Governance Code of the Securities and Exchange Commission.
Intergrated Annual Corporate Governance Report for 2017
Annual Corporate Governance Report for 2016
Consolidated Changes in the ACGR for 2015
Consolidated Changes in the ACGR for 2014
Consolidated Changes in the ACGR for 2013
Annual Corporate Governance Report for 2012
At D&L, our values are at the core of our work and our operations. Our corporate code of business principles (the "Code") incorporates our commitment to this fundamental and basic belief and shows the way to doing things.
We enjoin our subsidiaries, affiliates and member companies to adhere where ever and at all times to the set standards of conduct and behaviour.
We strongly encourage our people as well as our suppliers, customers, contractors and all those we partner with, to live up to the direction and guidance of the Code. We firmly believe upholding what is right and ethical greatly benefits all.
The Manual shall institutionalize the principles of good corporate governance in the entire organization.
The Board of Directors and Management, employees and shareholders believe that corporate governance is a necessary component of what constitutes sound strategic business management and will therefore undertake every effort necessary to create awareness within the organization.
As of 24 May 2018