The Board of Directors
Board of Directors
The qualifications, composition, nomination and selection of the Board of Directors are consistent with leading practices, and are aligned with the provisions of its Articles of Incorporation and By-Laws. Two out of the seven directors of the Company’s Board of Directors, or twenty eight percent (28%), are Independent Directors. This is more than the requirement under the law, requiring covered companies to have Independent Directors constituting at least two or twenty percent (20%) of the members of the Board, whichever is lesser.
Chairman
James G. Velasquez
Director
Augusto M. Cosio Jr.
President & CEO
Bernard B. Rabanzo
Director
Gopal Sham Daswani
Independent Director
Alma F. Buntua
Director
Board Committees
The Company’s Board Committees consist of the following: Nomination and Compensation Committee, Audit Committee, and Executive Committee. Members of the Board Committees are the duly elected directors of the Company’s Board of Directors as regular members
The Board Executive Committee
The Executive Committee is a committee under the Board of Directors of MRC Allied Inc. ("the Company) appointed and recognized in accordance with Revised Manual on Corporate Governance and the Corporation's Amended By-Laws.
The Executive Committee acts on behalf of the Board during intervals between meetings of the Board in order to provide a degree of flexibility and ability to respond to time sensitive business and legal matters.
Engr. Al Joseph C. De Guzman
Chief Operating Officer
Member
The Board Governance Committee
The primary purpose of the Committee is to assist the Board of Directors of the Company in performing the corporate governance duties in compliance with MRC Allied Inc.'s Revised Manual of Corporate Governance, the Revised Code of Corporate Governance of the Securities and Exchange Commission (SEC), and the Corporate Governance Guidelines and the listing rules of the Philippine Stock Exchange (PSE).
Jimmy T. Yaokasin
Chairperson
Emmanuel K. Veloso
Member
Gopal Sham Daswani
Member
Atty. Johnston R. Brusola
Secretariat
Risk Oversight Committee
The Risk Oversight Committee is a Committee under the Board of Directors of MRC Allied Inc. (the "Company") established in accordance with Article II, Clause 2.4 of the Revised Manual on Corporate Governance.
The Risk Oversight Committee is also responsible for the development and oversight of the company's Enterprise Risk Management system to ensure its functionality and effectiveness.
Emmanuel K. Veloso
Chairperson
Gopal Sham Daswani
Member
Helen Q. Chico
Secretariat
The Board Nomination and Remunerations Committee
The Nomination and Remunerations Committee is a Committee under the Board of Directors of MRC Allied Inc. established in accordance with Article II, Clause 2.3 of the Revised Manual on Corporate Governance.
The Nomination and Remunerations Committee shall the have principal function of setting the criteria to be used for the selection and nomination of directors, and of passing upon their qualifications as shall be consistent with the By-Laws and the Manual Corporate Governance as well as studying and recommending an appropriate compensation and/or rewards system.
Click here to view the Nomination and Remunerations Committee Charter.
Bernard B. Rabanzo
Chairperson
Helen Q. Chico
Secretariat
Audit Committee
The Audit Committee is a Committee under the Board of Directors of MRC Allied Inc. (the "Company") established in accordance with Article II, Clause 2.3 of the Revised Manual on Corporate Governance.
The Audit Committee shall provide oversight of the integrity of the Company's financial statements, the overall management auditing process and the recommendation of internal and external auditors.
Emmanuel K. Veloso
Member
Helen Q. Chico
Secretariat
Management Team
The Company’s Management Team consists of the following: President and CEO, Chief Operating Officer, Chief Legal Officer, Chief Compliance Officer, Chief Finance Officer, Chief Admin Officer and Chief Public Relations Officer. The team is responsible for managing credit, market, liquidity, operational, legal and other risks of the Corporation.
Atty. Johnston R. Brusola
Chief Legal & Compliance Officer
Engr. Al Joseph C. De Guzman
Chief Operating Officer
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