Committee roles and responsibilities
The Risk Management committee is tasked with nurturing a culture of risk management across the enterprise. It proposes guidelines and regularly reviews risk management structures, metrics, limits, and issues across the Bank, in order to meet and comply with regulatory and international standards on risk measurement and management. It also supports technology and training for key personnel in risk management.
Committee Composition (Term 2022-2023)
| Chairman | Eli M. Remolona, Jr. Independent Director |
| Members | Janet Guat Har Ang |
| Cezar P. Consing Non-Executive Director | |
| Octavio Victor R. Espiritu Non-Executive Director | |
| Cesar V. Purisima |
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 (ID) | Eli M. Remolona, Jr. | Apr. 25, 2019 | 14/142 | 100% | 2.7 |
Member (ID) | Janet Guat Har Ang | May 19, 2021 | 9/92 | 100% | 0.7 |
Member | Cezar P. Consing | Apr. 22, 2021 | 9/92 | 100% | 0.7 |
Member | Octavio Victor R. Espiritu | May 15, 2000 | 12/13 | 92% | 21.7 |
Member (ID) | Cesar V. Purisima | Apr. 22, 2021 | 8/8 | 100% | 0.7 |
Member | Aurelio R. Montinola III1 | Apr. 07, 2005 | 4/5 | 80% | 16.7 |
1 Committee member until Apr. 21, 2021
2 Includes BPI Joint AuditCom & RMCom Meeting
Committee Performance
As part of the annual Board effectiveness review, a separate exercise was conducted to assess the Committee’s 2021 performance. The survey found the Committee to have performed its duties and responsibilities effectively.
Committee Charter
Click here to read the Risk Management Committee charter.
| Deposits are insured by PDIC up to P500,000 per depositor.| BPI is regulated by the Bangko Sentral ng Pilipinas