Sun Life Receives Two Golden Arrow Award For Good Corporate Governance

Sun Life’s Corporate Secretary, Atty. Anna Katrina Kabigting-Ibero (middle), receives the Two Golden Arrow Award for Sun Life Philippines

Sun Life of Canada (Philippines), Inc. has once again been honored by the Institute of Corporate Directors (ICD) with the prestigious Two Golden Arrow Award for its unwavering commitment to good corporate governance.

The Golden Arrow Recognition ceremony was held recently at Manila Marriott Hotel, and Sun Life’s Corporate Secretary, Atty. Anna Katrina Kabigting-Ibero, personally received the award.

This award is bestowed upon insurance companies and publicly listed entities that have achieved a score of at least 80 points in the ASEAN Corporate Governance Scorecard (ACGS). The ACGS evaluates companies based on their facilitation of shareholders' rights and equitable treatment, their relationship with various stakeholders, and their commitment to transparency and accountability through timely disclosure of material information. Additionally, it assesses how the board strategically guides the company, monitors management, and ensures accountability to both the company and its shareholders.

Sun Life Grepa partners with PTC Insures to deliver comprehensive insurance solutions to GMPs

Sealing an agreement to serve global maritime professionals are Sun Life Grepa President Richard S. Lim (3rd from left) and PTC Insures President Jaime Miguel G. de Sequera (3rd from right). They are flanked by (left to right) Marge Estrera, Sun Life Grepa Affinity Sales Head; Joen Songco, Vice President of Sun Life Grepa Affinity; Rolly Palad, PTC Insures General Manager; and Michael Eugene Lotho, PTC Holdings Financial Service Director.

Sun Life Grepa Financial, Inc. (Sun Life Grepa), a joint venture between Sun Life Philippines and the Yuchengco Group of Companies, recently sealed a strategic partnership with PTC Insurance Inc. (PTC Insures), a member of the Philippine Transmarine Carriers, Inc. (PTCI) Group, to offer affordable life insurance solutions exclusively for Global Maritime Professionals (GMPs).

Here’s a fund from Pru Life UK capitalising on global technology trends

In an era where technology is driving innovation and transforming industries globally, Pru Life UK introduces the PRULink Global Tech Navigator Fund (the “Fund”), offering Filipino investors a unique opportunity to capitalise on the dynamic growth of the global tech sector.

The global tech sector is poised to close 2024 with solid earnings, driven by AI enhancements boosting demand for software, semiconductors, electronics, e-commerce, and more tech advancements.

Available as a fund option within Pru Life UK’s investment-linked insurance products, the PRULink Global Tech Navigator Fund is designed to keep a pulse on key tech trends across the globe, with potential to deliver high returns for investors.

Simplifying success: PSBank celebrates 64 years of excellence by helping Filipinos realize their financial goals

Philippine Savings Bank (PSBank) marks its 64th anniversary with a continued commitment to delivering simple, reliable, and innovative banking services that help Filipinos achieve their financial goals, from growing their hard-earned money, to homeownership, vehicle financing, and more. 

A Legacy of Financial Growth

PSBank’s sustained financial growth is fueled by strong loan demand and a customer-focused approach. In 2023, the bank achieved a record-high net income of PhP 4.53 billion, a 23% increase from the previous year. The first half of 2024 saw continued success, with net income reaching PhP 2.56 billion. PSBank stands as the leading thrift bank in the Philippines in terms of total assets as of end-March 2024, further cementing its strong position in the consumer banking sector and maintaining leadership in the auto loan market among local thrift banks.