For sustainability of the corporate governance initiative, achieving synergy among seeming ironies is the challenge. Self-interest toward the greater good, Competition toward cooperation, Partnerships between regulators and the regulated, Unity in diversity, Consistency amidst change. In addressing these seeming ironies, balance is key. Balance in choosing a firm regulatory stance, while respecting and giving a wide berth to what motivates PLCs and individual firms.
* * * My fellow speakers, Mr. Edgardo E. Tongson, Chief of Party of the W W F Philippines; Mr. Cezar P. Consing, President of the Bankers Association of the Philippines; Ms. Yuki Yasui, Asia Pacific Region Coordination Manager of UNEP-FI, and to all the participants, friends and colleagues in the industry, good morning!