President's Message
Atty. Benedicta Du-Baladad Message from the President:

Benedicta Du-Baladad

To FINEX members and friends,

PRESIDENT’S REPORT
June 2017 Issue

The Special Joint Testimonial Luncheon in honor of Bangko Sentral ng Pilipinas Governor Amando M. Tetangco, Jr. on May 24 was a huge success. FINEX, as the lead convenor, together with AMCHAM, CIBI Foundation, ECCP, MAP, MBC and PCCI, honored and celebrated Gov. Tetangco’s 12 years of successful leadership that leads to our country’s monetary stability and economic growth.

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President's Message June 2017
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Message from the President:

Benedicta Du-Baladad

To FINEX members and friends,

PRESIDENT’S REPORT
June 2017 Issue

The Special Joint Testimonial Luncheon in honor of Bangko Sentral ng Pilipinas Governor Amando M. Tetangco, Jr. on May 24 was a huge success. FINEX, as the lead convenor, together with AMCHAM, CIBI Foundation, ECCP, MAP, MBC and PCCI, honored and celebrated Gov. Tetangco’s 12 years of successful leadership that leads to our country’s monetary stability and economic growth.

During the event, FINEX awarded him a professorial chair under the Ateneo’s School of Social Sciences, Department of Economics, named “FINEX-GOV. AMANDO M. TETANGCO, JR. PROFESSORIAL CHAIR FOR MONETARY POLICY AND FINANCIAL SECTOR DEVELOPMENT.” FINEX donated P 1.5 million to serve as a perpetual fund which will be used to award professorial chairs in the field of economics, particularly on monetary policies and financial sector development, or to fund research related to these studies.

Governor Tetangco expressed his deep appreciation to FINEX for the organization’s support to him and to the BSP as we jointly promote financial eduation.

Today, in celebration of the Philippine Independence, we are having two of the country’s prime-movers of arts and culture. We are delighted to have Arch. Paulo Alcazaren as he shares with us the relevance of national heritage conservation and Direk Joel Lamangan on the state of the local film industry and how it is developing as an art as a manifestation of a growing Filipino film culture.

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Earlier today, we had our special membership meeting. I urge your strong support to the matters which were taken up during the meeting. Kindly sign the approval forms for the amendments to the FINEX’ and FINEX Foundation’s Articles of Incorporation and By-Laws, particularly on the extension of the corporate life of FINEX.

In addition, we likewise seek your support by approving the sale of the FINEX Foundation’s Philippine Dealing System Holdings Corp. (PDSHC) shares to the PSE. If you may recall, in 2015, we have secured the written assent of the 75% of total membership to proceed with the transaction but due to some concerns, the transaction did not push through. This year, the PSE is once again proposing to buy the PDSHC shares of the FINEX Foundation on the new terms. We are hoping to receive your support on this very important transaction.

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On May 24, FINEX supported the SWIFT Corporate Forum Philippines with the theme “Technology Evolution for Corporates” through the effort of our Professional Development Committee.

Last June 10-12, FINEX and MAP partnered for the Samar-Leyte Eco-Tour through the assistance of ABS-CBN Lingkod Kapamilya Foundation.

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In the coming months, we have a lot of exciting activities to look forward to.

• The Rising Threat of Cybercrime By Professional Development Committee June 27, 2017, 2:00 PM Dusit Thani Hotel

• Whisky Tasting Event By Arts Committee of FINEX Foundation July 14, 2017, 6:30 PM Straits Wine Company, Chino Roces Ave., Makati City

• Business Writing in the Age of Social Media By Media Affairs Committee July 19, 2017, 1:30 PM New World Hotel

Aside from all of these events, we should look forward to the Ayala FINEX Finance Summit in August and FINEX Annual Conference on October 12-13. We are also planning to hold the ASEAN Capital Market Forum in conjunction of the Philippines’ hosting of ASEAN Summit 2017.

We are also partnering with the Institute of Corporate Directors (ICD), Institute of Internal Auditors Philippines (IIAP) and Management Association of the Philippines (MAP) for the Risk Conference which will be held in the last week of September.

The 19th Inter-Collegiate Finance Competition by the Junior FINEX Committee will hold the Elimination Round on September 29 and Final Round on November 28.

The Search for the 11th ING FINEX CFO of the Year is now open. Deadline for nomination is on August 31, 2017. This year’s awardee will be revealed on November 15.

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Once again, I would like to thank our year-round sponsors in 2017:

Partners: Divina Law Office DMCI Homes San Miguel Corporation

Diamond Sponsors: Du-Baladad and Associates (BDB Law) DMCI Holdings, Inc. Pilipinas Shell Petroleum Corporation

Gold Sponsors: BDO Unibank, Inc. Philex Mining Corp. Punongbayan & Araullo SGV & Co.

All our projects will not be possible without the financial support from all of us. We hope that you will find it in your heart to support our organization by being one of our corporate sponsors in all our upcoming events.

We likewise reiterate our call to everyone to join the various activities of our organization. We are continually improving our projects to make it more relevant for all of us.

To further improve the projects of our organization, we have partnered with Kantar TNS for a Membership Engagement Study. Some of you will be tapped to be one of the respondents. I call for everyone’s support to this project for the future of FINEX.

I am pleased to inform you that we have recently approved the Revised Membership Acceptance Guidelines. The criteria have been liberalized to accept more members. Rest assured that the new guidelines will not sacrifice the quality of the new entrants to the organization.

Also, your Board has approved the removal of membership points for membership retention purposes. The points will only be used as a requirement in determining qualified members for election purposes. The revised guidelines will be sent to all of you for guidance.

The Membership Retention Guidelines will likewise be revised to address the concerns of members in maintaining their membership with FINEX.

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We are now halfway through 2017 and it has been quite a busy year. I congratulate the efforts of our committees - the chairpersons, co-chairs and vice chairs, their liaison directors and members - for continually providing us with significant and exciting activities for the past several months.

These are the just some of our projects for the year and we hope to bring you more exciting activities. I also look forward to seeing our membership numbers grow.

To end, I invite our members to get more involved in the activities of FINEX this year – attend your GMMs, join the various Committees, participate in our workshops and seminars, be one of our resource speakers, write for the FINEX Focus and volunteer your services for the various FINEX advocacies.

All the best!

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