Pag-IBIG Fund named in GCGโs Top Performing Government Firms for Good Governance
Pag-IBIG Fund was recognized as one of the top performing government-owned companies by the Governance Commission of GOCCs (GCG) in an awards ceremony held in Pasay City recently.
Based on its evaluation systems, the GCG named Pag-IBIG Fund in the Top 10 Government Owned and Controlled Corporations or GOCCs for earning the highest ratings.
““We are truly honored to be one of the top 10 GOCCs recognized by the GCG. This is a testament the outstanding performance and accomplishments of Pag-IBIG Fund in 2023. One of the directives of President Ferdinand R. Marcos, Jr. is to ensure that Pag-IBIG operations and processes are streamlined and accessible so the Filipino workers can fully benefit from the Pag-IBIG Fund programs and services,” said Secretary Jose Rizalino L. Acuzar of the Department of Human Settlements and Urban Development (DHSUD), who is also the chairman of the 11-member Pag-IBIG Fund Board of Trustees.
The GCG Awards was held in November 2024 at the Philippine International Convention Center to recognize GOCCs for their outstanding performance in the Corporate Governance Scorecard and in the Performance Evaluation System or PES for the 2023 calendar year. The awarding ceremony was led by GCG Chairman Marius Corpus and other top officials of the said agency.
“We would like to thank GCG for the recognition given to Pag-IBIG Fund. It was noted that in 2023, we released the highest amount of housing loan in our history, and we were able to reduce our home loans interest rates. Also, that year, we were able to release a record high of nearly P51 billion of cash loans that benefited more than two million members. With our outstanding performance, we are committed to continuously serve our members wholeheartedly with Tapat na Serbisyo, Mula sa Puso kind of service,” said Pag-IBIG Chief Executive Officer Marilene C. Acosta.
Tags: Pag-IBIG Fund GOCC Government Owned and Controlled Corporation GCG Governance Commission for GOCCs Top Performing GOCC Pag-IBIG Awards GCG Awards Jose Rizalino L. Acuzar Marilene C.
