MANILA -- Food and plastic input manufacturer D&L Industries emerged as one of the honored companies in Asean (Association of Southeast Asian Nations) by New York-based Institutional Investor in its 2019 All-Asia Executive Team survey, as it ranked among the top in a list of over 1,600 Asian companies nominated for outstanding corporate leadership and investor relations.
This year’s survey results reflect the opinions of nearly 2,500 investment professionals at 892 financial services firms. This includes buy-side analysts, money managers, and sell-side researchers at securities firms and financial institutions that cover Asia.
Companies were ranked based on various aspects of corporate leadership and investor relations.
These include having accessible senior executives, providing timely and appropriate financial disclosure, having a well informed and empowered IR team, responding quickly and thoroughly to investor requests, providing a transparent corporate governance and ESG/SRI (environmental, social and governance/socially responsible investing) reporting, and having the ability to execute key corporate strategies.
D&L Industries President and Chief Executive Officer (CEO) Alvin Lao was named as the Best CEO in the Philippines and was ranked second in Asean.
The company’s investor relations program was likewise recognized as the best in the country, while Investor Relations Officer Crissa Bondad placed third in the “Best Investor Relations Professional in the Philippines” category.
D&L’s ESG and corporate governance initiatives were also recognized by the survey, placing the company as No. 2 in the Philippines.
These awards earned D&L Industries a spot in the list of Asean’s Honored Companies; a ranking which only included six companies in the region.
D&L was the only Philippine company to make it to the list and placed at No. 4.
“This is a wonderful achievement for the entire team,” Lao remarked, “which would not have been possible without the support of D&L’s management and the hard work of all our employees. We greatly appreciate this hard-earned recognition and are grateful to the investing community for their continuous support. We look forward to continuing an IR program that is engaging, informative and transparent for our minority shareholders, for whom we have the utmost respect.”
Institutional Investor is a leading international business-to-business publisher, focused primarily on international finance.
For over 50 years, it has been a trusted source for research and rankings among top analysts and portfolio managers in the financial industry. (PR)
