Committee roles and responsibilities
The Retirement and Pension Committee oversees the fiduciary, administrative, investment portfolio, and other non-investment aspects of the Bank's retirement plan.
Committee Composition (Term 2022-2023)
| Chairman | Aurelio R. Montinola III Non-Executive Director |
| Members | René G. Bañez Non-Executive Director |
| Ramon R. Del Rosario, Jr. Non-Executive Director |
Committee Members Meeting Attendance
During 2021, the committee members attended meetings as set out in the following table:
Office | Name | Date of Appointment | Attendance / Meetings | % | Years served on Committee |
|---|---|---|---|---|---|
Chairman | Aurelio R. Montinola III | May 19, 2021 | 4/4 | 100% | 0.7 |
Member | Rene G. Bañez | Aug. 18, 2021 | 3/3 | 100% | 0.5 |
Member | Ramon R. Del Rosario, Jr. | Apr. 22, 2021 | 4/4 | 100% | 0.7 |
Member | Rebecca G. Fernando1 | Mar. 31, 2009 | 2/2 | 100% | 12.0 |
Chairman | Mercedita S. Nolledo2 | Apr. 06, 2006 | 1/1 | 100% | 15.0 |
Member | Antonio Jose U. Periquet3 | Apr. 25, 2019 | 1/1 | 100% | 2.7 |
1Committee member until Aug. 17, 2021
2Committee member until May 18, 2021
3Committee member until Apr. 21, 2021
Related Party Transactions Committee
Office | Name | Date of Appointment | Attendance / Meetings | % | Years served on Committee |
|---|---|---|---|---|---|
Chairman | Aurelio R. Montinola III | May 19, 2021 | 4/4 | 100% | 0.7 |
Member | Rene G. Bañez | Aug. 18, 2021 | 3/3 | 100% | 0.5 |
Member | Ramon R. Del Rosario, Jr. | Apr. 22, 2021 | 4/4 | 100% | 0.7 |
Member | Rebecca G. Fernando1 | Mar. 31, 2009 | 2/2 | 100% | 12.0 |
Chairman | Mercedita S. Nolledo2 | Apr. 06, 2006 | 1/1 | 100% | 15.0 |
Member | Antonio Jose U. Periquet3 | Apr. 25, 2019 | 1/1 | 100% | 2.7 |
1Committee member until Aug. 17, 2021
2Committee member until May 18, 2021
3Committee member until Apr. 21, 2021
Committee Performance
As part of the annual Board effectiveness review, a separate exercise was conducted to assess the Committee’s 2022 performance. The survey found the Committee to have performed its duties and responsibilities effectively.
Committee Charter
Click here to read the Retirement and Pension Committee charter.
| Deposits are insured by PDIC up to P500,000 per depositor.| BPI is regulated by the Bangko Sentral ng Pilipinas