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December 12, 2017

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HOUSING DEVELOPERS BACK PAG-IBIG’S INTEGRITY AND GOOD GOVERNANCE DRIVE

Posted on April 12, 2017 by Sunria Realty in News & Updates

Housing developers back Pag-IBIG’s integrity and good governance drive
Pag-IBIG Fund recently held its Home Lending Accomplishment Report Forum for the
National Capital Region (NCR) in Makati City, where a total of 211 developers recited
the Integrity Pledge for Pag-IBIG stakeholders. They pledged full support and
cooperation to Pag-IBIG’s integrity and good governance campaign, vowing to
strengthen trust and confidence in all their transactions with the Fund.

Pag-IBIG Fund Officer-in-Charge (OIC) Acmad Rizaldy P. Moti thanked the participants
for their commitment and stressed that the pledge is synonymous to the agency’s
determination to keep itself graft- and corruption-free in all its transactions and to
forestall any questionable deals.

The developers committed to transacting with Pag-IBIG with the highest degree of
professionalism and business ethical standards; respect rules and regulations; observe
accuracy and truthfulness in preparing documents; require employees to be fair and
honest in their dealings; avoid any acts devoid of integrity and transparency; adopt best
practices and ethical business policies; and be reliable and trustworthy in all partnership
activities with the government.

“This is a continuation of Pag-IBIG’s innovative strategies to wipe out any trace of graft
and corruption and to retain people’s trust in the Fund.” said Mr. Moti.

New Apec Development Corporation, a partner-developer which has stayed with PagIBIG
for 15 years, commended the agency for living up to its commitment to its partners
and shareholders. “All these years, Pag-IBIG Fund has remained true to its commitment
of always ensuring the welfare of the Filipino people. (It) continues to inspire us in its
leadership, professionalism, competence, and transparency,” said Ms. Anna Michelle
Chua-Co, the company’s corporate secretary.

Pag-IBIG Fund OIC for Home Lending Operations Cluster Ms. Marilene C. Acosta, in
her speech toward the end of the forum, expressed optimism that with the renewed
commitment of the housing developers backing it, Pag-IBIG will reach its targets for
2017.

Pag-IBIG Fund initiated a nationwide simultaneous recitation and signing of the pledge
by all its employees in 2014; introduced the pledge to its partners and stakeholders in
2015; and required its employees to renew their commitment by revisiting the pledge in
2016.

The Integrity Pledge has been recognized by the Association of Development Financing
Institutions in Asia and the Pacific with a Gold Award as one of three outstanding
corporate governance initiatives by Pag-IBIG Fund. Pag-IBIG Fund has been cited for
promoting integrity practices, good governance, improved insurance programs for
borrowers, and proper management of its acquired assets.

Readmore . . . www.pagibigfund.gov.ph/newsevents/


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