SEC Chairperson Emilio B. Aquino receives The Excellent Filipino Award from JCI Senate Philippines for his vital contributions in main the company sector to changing into among the best in Southeast Asia.
Securities and Change Fee (SEC) Chairperson and CEO Emilio B. Aquino obtained the very best honor within the 2024 The Excellent Filipino (TOFIL) Awards, in recognition of his contributions within the company sector and the event of the capital market.
In a ceremony held on the Home of Representatives on December 5, Aquino obtained the TOFIL Award for Authorities and Public Service, main six different awardees of their respective fields.
Different TOFIL Award recipients included Carl E. Balita for Training; Seagull Philippines Chairman Bing N. Carrion for Peace Advocacy; Presidential Anti-Organized Crime Fee Undersecretary Gilbert Cruz for Authorities Service; Fee on Larger Training Chairman Prospero E. de Vera III for Larger Training; neurosurgeon Lynne Lucena for Drugs; and former Dean of the College of the Philippines Los Baños School of Forestry and Pure Sources Juan M. Pulhin for Geographical Sciences and Social Forestry.
Beginning 1988, the Junior Chamber Worldwide (JCI) Senate Philippines confers the TOFIL Awards to “institutionalize public recognition” of Filipinos aged 41 years outdated and above for his or her exemplary contribution in advancing public welfare and nationwide growth.
“I’m proud to say that SEC Philippines has solidified its golden age and has excellently carried out its rallying mantra: that it’s simple at SEC,” Mr. Aquino mentioned in his speech in the course of the awarding ceremony.
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“We modernized and digitalized the SEC, and restructured our group with the creation of a number of progressive places of work to satisfy rising buyer and market calls for, in order that SEC Philippines is now feted to be among the many world’s greatest employers by London-based Buyers in Individuals; among the many world’s greatest in sustainability reporting, acknowledged probably the most variety of instances—thrice—by the [United Nations Conference on Trade and Development] in Geneva, Switzerland), [and] among the many world’s greatest in digital firm registration by [Corporate Registers Forum] in Malta,” he added.
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As chairperson, Aquino crafted the SuperVision 2025 firstly of his time period to function the Fee’s information in its purpose of reworking the nation’s company sector and capital market to be among the many greatest in Southeast Asia.
Aquino accelerated the Fee’s digital transformation as a device to realize his imaginative and prescient, particularly in the course of the pandemic to make sure uninterrupted companies for its stakeholders. This led to the launch of three waves of digital improvements beginning in 2021 to allow on-line firm registration, stories submitting, and fee transactions, amongst others.
The improved registration course of has since allowed the SEC to achieve document highs when it comes to firm registrations, with 49,501 new firms registered in 2023.
The digitalization efforts, together with the institution of recent extension places of work in Bacolod, Tacloban, Butuan, and Koronadal, introduced the Fee’s companies nearer to Filipinos domestically and overseas.
The SEC has additionally been on the forefront of creating the capital market extra accessible to allow progress and growth. Beneath his management, the SEC established the Philifintech Innovation Workplace, which seeks to foster innovation and customise the fintech panorama within the Philippines by preserving observe of the fast-evolving monetary services and products out there out there.
Via the newly established Strategic Partnership and Advocacy Division, the SEC additionally continues to ask extra companions into the SEC Capital Market Promotion and Consciousness Inter-Company Community (CAMPAIGN) to advertise the capital market with the conduct of webinars, roadshows, and dissemination of data by means of social media.
The SEC additional launched the Anti-Rip-off and Unlawful Taking of Investments Group, composed of native authorities items which seeks to empower barangay officers to guard their constituents from funding scams by means of reporting mechanisms and consciousness applications.
‘In recognition of the company sector’s environmental, social, and governance (ESG) impacts, the SEC additionally aggressively promoted the significance of sustainability amongst companies, together with requiring publicly listed firms to submit sustainability stories yearly by means of SEC Memorandum Round No. 4, Collection of 2019.
Earlier this 12 months, the SEC launched the Sustainability Enterprise Community (eSECNature), an inter-agency community that seeks to extend collaboration amongst private and non-private organizations for sharing greatest practices of their respective sustainability methods.
These reforms, improvements, and advocacies earned Aquino and the SEC accolades from each native and worldwide award-giving establishments for championing public welfare and advancing nationwide growth.
Final 12 months, Aquino was acknowledged as the primary ever Public Sector Innovator within the 2023 Mansmith Innovation Awards, and was named CEO of the Yr for the Philippines in the course of the Worldwide Information Company Future Enterprise Awards 2022, in recognition of the impression of the Fee’s digital transformation.
He was additional conferred with the Excellent Skilled of the Yr Award by the Skilled Regulation Fee in 2023 for his contributions within the area of accountancy.
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For the sixth consecutive 12 months, the SEC additionally obtained an unmodified opinion on its monetary statements for 2023 from the Fee on Audit, marking the longest streak of unmodified opinions for the SEC over the previous decade.
