From left: PhilWEN Chairman and PBCWE Cochairman Ma. Aurora Geotina-Garcia, PNB Chairman Florencia Tarriela, PNB President and CEO Wick Veloso, PNB SVP and Human Resource Group Head Schubert Caesar Austero, Investing in Women's Jenny Clement and PBCWE P
THEPhilippine National Bank has joined the Philippine Business Coalition for Women Empowerment as its newest member company. A signing ceremony was held between the two parties, making PNB the first universal bank in the Philippines to become part of the coalition. PBCWE is composed of large and influential companies committed to gender equality in the workplace.
PNB Chairman Florencia Tarriela said to BusinessMirror correspondent, "By becoming a PBCWE member, we signify our commitment to promote equal rights and opportunities for our employees- regardless of gender." PBCWE's eight member-companies lead efforts toward building a business case for gender equality, creating knowledge on best workplace practices, communicating the benefits of empowering women in the work force and institutionalizing policies based on best practices.
As part of its commitment, PNB will undergo the Economic Dividends for Gender Equality (EDGE) Certification, a leading global assessment methodology and business standard for gender equality, which evaluates the workplace gender equality performance of an organization against global and industry benchmarks.
Tarriela said, "With this partnership, PNB is bringing gender equality to the next level. The EDGE Certification presents an exciting challenge. Our ultimate goal is to build and sustain an organization where the best talents thrive based on their competence and contributions."
PBCWE was established in 2017 as an inaugural project of the Philippine Women's Economic Network (PhilWEN) with funding support and in partnership with Investing in Women, an initiative of the Australian Government.
"We are proud to have PNB in the coalition, whose members take gender equality seriously," said PhilWEN Chairman and PBCWE Cochairman Ma. Aurora D. Geotina-Garcia. "We believe the business sector should not just talk about gender equality, but rather, walk the talk by implementing concrete actions in pursuit of its advocacy."
Philippine National Bank, which is over 100 years old, is one of the country's largest private universal banks in terms of assets and deposits. It provides a full range of banking and other financial services to its highly diverse clientele comprised of individual depositors, small and medium enterprises, domestic and international corporations, government institutions, and overseas Filipinos.
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