The Philippine Deposit Insurance Corporation (PDIC) was recognized as the top-performing Government Owned-Controlled Corporations (GOCCs) in the 2021 Corporate Governance Scorecard of the Governance Commission for GOCCs (GCG).

PDIC President and CEO Roberto B. Tan received the recognition from GCG chairperson Alex L. Quiroz, commissioners Gideon D.V. Mortel and Geraldine Marie Berberabe-Martinez during the commission’s exit conference on Dec. 5, 2022 at the Philippine International Convention Center (PICC).

“Being consistently recognized as a champion of corporate governance is a source of pride and inspiration for the men and women of PDIC to continue providing exemplary service anchored on integrity and transparency,” Tan said in a statement.

The PDIC has been consistently cited as one of the best GOCCs in the country.

The state deposit insurer said in a statement that they take advantage of using technology to accept online filing for insurance claims and electronic public biddings to dispose of corporate and closed bank assets

The PDIC also said that they have implemented an incentive program for borrowers of closed banks to help them settle their loan obligations.

Programs for its employees are also set to ensure their health and safety, “and holistic development through continued skills enhancement and capability-building programs.”

“This recognition will definitely motivate our workforce even more, especially as we traverse the road to our milestone 60th anniversary in 2023,” Tan added.

The annual assessment through the governance scorecard aims to determine GOCCs’ governance performance and to help recognize their strengths and opportunities for improvement and adhere to the international best practices and standards. Shianna Manuel