LBRDC bags multiple GCG awards for corporate governance

The LBP Resources and Development Corporation (LBRDC), a subsidiary of the Land Bank of the Philippines (LANDBANK), receives three awards from the Governance Commission for Government-Owned and Controlled Corporations (GCG) for its exceptional performance and commitment to service excellence.

The awards are presented by Executive Secretary Lucas P. Bersamin (5th from left) alongside GCG Chairperson Atty. Marius P. Corpus (6th from left) and GCG Commissioners Atty. Brian Keith F. Hosaka (leftmost) and Atty. Geraldine Marie Berberabe-Martinez (2nd from left) to LBRDC President and CEO Col. Ricardo C. Juliano (4th from left), Board Chairperson Lt. Gen. Antonio Ramon A. Lim (3rd from left), Director Lourdes Candy R. Darimbang (7th from left), Director Pamela S. Baricuatro (8th from left), Director Feliciano L. Macalino (9th from left), and Director Abner O. Malabanan (rightmost).

LBRDC earned ninth place among the country’s GOCCs in the CY 2022 Performance Scorecard in corporate governance, while LANDBANK received the highest rating, and ranked first overall.

The Corporation was also honored as one of the Most Improved GOCCs based on its Performance Scorecard Rating from CY 2021 to CY 2022.

The GCG awards received reflect LANDBANK’s dedication to fostering a culture of transparency, integrity, and accountability within the organization and across its subsidiaries.