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PAG-IBIG FUND WINS AWARDS IN 2016

Posted on January 18, 2017 by Sunria Realty in News & Updates

Pag-IBIG Fund wins awards in 2016
Pag-IBIG Fund received Gold and Excellence Awards from two international awardgiving
bodies in 2016 for its outstanding corporate governance initiatives and projects
that enhanced its services and benefits for its 17 million members worldwide. It was also
recognized as one of the Most Outstanding Accounting Offices by government accountants for the second consecutive year.

“Pag-IBIG’s recognitions affirm the efforts of the Fund to put a premium on good
governance initiatives and financial reporting, as we are guided by excellence and
integrity in our performance and dealings with our stakeholders. We work towards
reaching and even exceeding our targets with utmost regard to doing the work with
integrity of the agency and its people. We have been institutionalizing measures that
promote good governance,” Pag-IBIG Fund President & CEO Atty. Darlene Marie B.
Berberabe said.

Pag-IBIG Fund won the Gold Award from the Association of Development Financing
Institutions in Asia and the Pacific (ADFIAP) at its 39th Annual Meetings in Apia, Samoa
in May 2016. The international non-governmental organization (NGO) recognized PagIBIG’s
outstanding corporate governance initiatives on its three projects: (a) integrity
practices and good governance among its stakeholders, (b) improved insurance
coverage for home borrowers, and (c) proper management of its acquired assets.

At the 33rd Board Meeting and Conference of the ASEAN Social Security Association
(ASSA) in Manila last September 2016, Pag-IBIG had the most projects, numbering
seven, which were presented with the Excellence Award among 19 member-agencies.
Mr. Ng Chee Peng, ASSA Chairman and Chief Executive Officer of the Central
Provident Fund Board in Singapore, presented the awards for the following Pag-IBIG
projects: Pag-IBIG Loyalty Card and Group Housing Loan Program under Innovation;
Outsourcing of Collections of Delinquent Accounts through Collection Agencies under
Transformation; Pag-IBIG Overseas Filipino Worker (OFW) Center under Customer
Service; I Do, I Do! Araw ng Pag-IBIG and Alam mo ba? Series under Strategic
Communication; and OFW Dagdag-Ipon Raffle Promo under Financial Literacy.
Last October 2016, the Association of Government Accountants of the Philippines, Inc.
(AGAP) gave Pag-IBIG Fund its second Most Outstanding Accounting Office Award at
the group’s annual convention in Bohol. The Most Outstanding Accounting Offices are
chosen yearly by AGAP based on the recommendations from the Commission on Audit
(COA). State auditors evaluate nominees based on the timeliness of submission of
financial reports and the accuracy in reporting the financial statements.

“Winning the Most Outstanding Accounting Office Award for two years in a row is an
invaluable feat for us in Pag-IBIG. We thank AGAP and the auditors in COA for
recognizing our efforts in complying with the highest standard of quality and
transparency in reporting our financial performance. As administrators of the Filipino
workers’ fund, nothing is more important to us than the trust of every Pag-IBIG member
in the way we manage their fund. Our second Most Outstanding Accounting Office
Award is another recognition that we go to great lengths to safeguard our members’
savings,” said Atty. Berberabe.

Earlier in 2016, Atty. Berberabe was also awarded the Rotary International 2016 Golden
Wheel under the Government Corporate Finance category. Rotary International District
3780 recognized Atty. Berberabe for her outstanding performance and for having
exhibited high ethical and moral standards in leading Pag-IBIG Fund.

On January 27, 2017, Pag-IBIG is set to present its 2016 Accomplishment Report to the
Fund’s stakeholders and members at the SMX Convention Center in Pasay City. The
annual event, which started in 2014, is also expected to highlight the milestones of PagIBIG
in the past years.

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


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