2025

SGV Technology Risk Associate Jima M. Dela Rosa passed the Certified Information Systems Auditor (CISA) examination for the December testing window.Offered by ISACA, the CISA program has been a globally accepted standard of achievement among information systems audit, control and security professionals since its inception in 1978.Congratulations, Jima! We celebrate this achievement with you.

SGV & Co. joined Bacolod Business Talks 2025 on 11 December at the Fisher Hotel, Bacolod City, supporting efforts to enhance the business environment in the city.The event opened with the signing of a Memorandum of Agreement (MOA) for the Doing Business in Bacolod publication. SGV Chairman Wilson P. Tan, Deputy Managing Partner and Strategy and Transactions Leader Noel P. Rabaja, and Assurance Leader Cyril Jasmin B. Valencia represented SGV during the signing with Bacolod City Mayor Greg G. Gasataya.Also present to witness the signing were Government & Infrastructure Sector and Economic Research Leader and Strategy and Transactions Partner Marie Stephanie C. Tan-Hamed, and Assurance Partner and Markets Leader for Bacolod and Iloilo Djole S. Garcia. This collaboration aims to produce a comprehensive publication that provides valuable insights into the business climate, investment opportunities, and regulatory framework in Bacolod City, serving as a resource for both local and foreign investors.Following the MOA signing, SGV led a session on Connected Futures – Real Estate, Infrastructure, and Mobility in a Growing City. Marie Stephanie discussed the macroeconomic and business outlook for Bacolod, providing insights on opportunities and trends shaping the city’s growth. The session offered valuable perspectives to support informed decision-making in Bacolod’s evolving business landscape.

The SGV Knowledge Institute, in collaboration with the SGV Financial Accounting Advisory Services (FAAS) team, hosted a series of seminar sessions titled “A closer look at the new PFRS Accounting Standard: PFRS 18, Presentation and Disclosure in Financial Statements” at the SGV Makati and Clark offices in November and December 2025. The sessions brought together finance and accounting professionals to deepen their understanding of the new presentation and disclosure requirements under PFRS 18.The seminars covered key topics such as management-defined performance measures, transition requirements, and consequential amendments to other accounting standards. Participants were provided with practical insights and guidance to help them effectively implement the updated standard within their organizations.The sessions featured SGV Assurance Partners and leaders as resource speakers. The 5 November session at the SGV Makati office featured SGV Assurance Partner and Professional Practice Director Dhonabee B. Señeres and Assurance Partner Cliff Richard B. Narag. The 6 November session, also held at the SGV Makati office, was led by Assurance Partner and Accounting Standards Group Leader Roel E. Lucas, together with Assurance Partners Richie Jackson T. Padilla and Cliff. The 2 December session at the SGV Clark office featured Cliff and SGV Assurance Growth Areas Leader and SGV FAAS Leader Aris C. Malantic. The 9 December session at the SGV Makati office was led by Dhonabee, Cliff and Aris.The seminar series was spearheaded by Aris who also served as an instructor and resource speaker. The event was organized by FAAS Senior Directors Dwayne Justin G. Ignacio, Sheena Dyan C. Suarez, and Gabrielle Andrea M. Fajardo; Directors Dexter Peter F. Tria and Julius Ivan L. Bautista; Associate Director Lorene A. Libao; and Administrative Lead Kristine Kaye E. Bacay, with the support of the SGV FAAS team.The seminar underscored SGV’s commitment to equipping finance teams with the knowledge and tools needed to navigate evolving accounting standards with confidence. Beyond the technical aspects of the new standard, SGV shared key considerations for preparers in the following areas: Strategy, Compliance, Processes, Data and Systems, Internal reporting, Performance measurement, Investor Relations, and People.Another run of the PFRS 18 seminar sessions is scheduled on 27 January 2026 at the SGV Cebu and Davao offices.

The SGV Knowledge Institute together with SGV Clark and SGV Consulting - Supply Chain and Operations (SC&O) hosted a half-day executive event, with the theme “Future of Supply Chain: An Executive Session,” on 3 December 2025 at the SGV Clark office. The event brought together 50 business executives and managers from different Northern and Central Luzon companies from manufacturing, retail, logistics, aviation and other sectors. SGV Clark Partner-In-Charge and SGV Baguio Markets Leader, Foreign Direct Investments Leader and Tax Partner Margaux A. Advincula opened the program with her welcome remarks, while Deputy Global Compliance Reporting and Tax Solutions Leader Hentje Leo L. Leaño concluded the session.SGV Consulting Partner and Philippine SC&O Leader Jan Ray G. Manlapaz discussed the current supply chain landscape and its key challenges.The session was followed by an in-depth discussion on key challenges and leading practices supported by technology and artificial intelligence (AI) by SGV SC&O Managers Paolo P. Uy for Planning; Jesah Grace Masbad for Procurement; SGV Senior Manager and Philippine SC&O Co-Leader Mary Andrea T. Bacani for Manufacturing; and SGV SC&O Manager Jeffrey C. Yee for Logistics and Fulfillment.The executive session featured various insights on key supply chain challenges impacting businesses, as well as SGV’s advocacies and initiatives to drive supply chain transformation. This initiative underscored SGV’s commitment to empowering businesses with innovative strategies and technology-driven solutions to strengthen supply chain resilience.To watch the highlights video, click here: https://youtu.be/ZnTY7bRHoE0?si=lQMti1gwVcM83jsv

The SGV Academy delivered a series of industry-focused learning sessions at Mapúa University and the University of Cebu, in line with its commitment to bridging academic learning with real-world business and technology applications.At Mapúa University – College of Business and Accountancy, the SGV Academy conducted three sessions. The Managerial Accounting for Business Decision-Making session was facilitated by SGV Business Consulting Senior Director Mark Andrew Chiu, Director James Robert Aguila, Associate Director Giecelle Magnaye, Senior Associate Ken Aaron Randell Navarro, and Associates Justin Reiner Santiago and Sophia Elena Sabado.The Financial Statement Analysis & Interpretation session was led by Assurance Growth Areas, Assurance Solutions and Financial Accounting Advisory Services (FAAS) Leader Aris C. Malantic, supported by FAAS Senior Manager Dwayne Ignacio. The session focused on enhancing students’ ability to analyze financial information, interpret key performance indicators, and apply insights to informed decision-making.The SGV Academy also conducted a session on Fundamentals of Forensic Accounting & Fraud Detection, covering essential topics such as the basics of forensic accounting, common types of accounting fraud, the role of internal controls in preventing fraud, digital forensic accounting and cyber fraud prevention, as well as legal and ethical considerations in fraud investigations. The session was led by Forensic & Integrity Services (FIS) Senior Manager Dennis Antonio and Senior Associate Bernard Hermida.At the University of Cebu, the SGV Academy held a comprehensive session on financial instruments, risk management, and applications of Artificial Intelligence (AI) and Machine Learning (ML). The session was facilitated by Financial Services Leader and Ecosystem and Knowledge Head Christian G. Lauron, Technology Consulting Senior Director Anderson Bondoc, and Manager Elijah Jesus T. Puaben. The team also showcased an AI Retrieval-Augmented Generation (RAG) voice bot capable of natural, dialect-based conversations, along with advanced solutions on API Management and Anomaly Detection.Through these sessions, the SGV Academy continues to equip students with practical, analytical, and technology-driven skills, preparing future professionals for the evolving business landscape.

SGV Technology Consulting Associate Lorraine Ann C. Dela Cruz successfully passed the Certified Business Continuity Professional (CBCP) examination on 3 December 2025.Offered by DRI International (Disaster Recovery Institute International), the CBCP is one of the most widely recognized global certifications in the field of business continuity and disaster recovery. It is designed for practitioners who have demonstrated both strong knowledge and practical experience in developing, implementing, and maintaining business continuity programs.Congratulations, Lorraine! We are proud to celebrate this outstanding achievement with you.

The SGV Knowledge Institute and SGV Consulting hosted a forum titled “Harmony in Action: Navigating Enterprise Resilience through the Synergy of Governance, Risk and Compliance” on 27 November 2025 at the Legaspi Ballroom, Makati Diamond Residences.The event opened with welcome remarks from Country Managing Partner Rossana A. Fajardo, followed by a performance from Drum Circle. Risk Consulting Partner Veronica Mae A. Balisi served as host throughout the program.The first session of the three-part forum, titled “GRC Integration: Aligning Governance, Risk and Compliance with Business Strategy,” was facilitated by Risk Consulting Leader and EY Asean Core Consulting Quality Leader Joseph Ian M. Canlas and Risk Consulting Partner Christiane Joymiel Say-Mendoza. The panel featured Citibank Philippines Compliance Risk Country Officer Atty. Narlette Manacap, SM Investments Corporation Senior Vice President for Special Projects, Chief Risk and Compliance Officer and SGV Alumni Partner Vicky Lee Salas and EY Singapore Consulting Partner Sing Hwee Neo.The second session, “Leveraging Responsible AI in Risk, Compliance and Integral Audit,” featured thought-provoking discussions on technology and enterprise resilience. The session was facilitated by SGV Technology Consulting Principal Lee Carlo B. Abadia and Technology Consulting Partner Carlo Kristle G. Dimarucut. Joining the panel were President and Co-Founder of the Analytics and AI Association of the Philippines Michelle Alarcon, Head of Risk and Compliance of MediCard Philippines, Inc. Jose Roy Hipolito, and EY APAC Risk Leader and GRC Technology Leader Chee Kong Wong.The final session, “Relevance of Enterprise Resilience, New Technology, and Synergized Risk Management to the Board,” was facilitated by SGV Consulting Leader Ryan Gilbert K. Chua and Technology Consulting Leader Warren R. Bituin. The panel was composed of Executive Director and Chief Finance, Risk, and Sustainability Officer of Metro Pacific Investments Corporation and President & CEO of mWell Cheryl Cabal-Revilla, Solicitor General Darlene Marie B. Berberabe and SGV Alumni Partner and Director of various publicly listed companies and Chairman or Member of multiple audit committees Medel T. Nera.The event concluded with closing remarks from SGV Deputy Managing Partner and Strategy and Transactions Leader Noel P. Rabaja.The event was attended by key leaders and professionals, such as Chief Internal Auditors, Chief Risk Officers, Chief Compliance Officers and members of Boards of Directors.

SGV officially signed a contract with the Bases Conversion and Development Authority (BCDA) to provide consulting services for the Preparation of the Updated Master Development Plan of Bonifacio Global City (BGC). The ceremonial contract signing was held on 15 January 2026 at the BCDA Office in BGC.The project focuses on preparing an updated Master Development Plan for BGC that reflects current conditions, evolving market trends, and planned infrastructure developments. Under this engagement, SGV serves as lead consultant, overseeing the overall project management and delivery in collaboration with specialist consultants covering the planning and technical, legal, and real estate components.The ceremonial program opened with welcome remarks from BCDA Conversion Development Group Officer-in-Charge and Senior Vice President Engr. Mark P. Torres, followed by a message from SGV Chairman and Country Managing Partner Rossana A. Fajardo. The ceremony proceeded with the formal contract signing and concluded with closing remarks from BCDA President and CEO Engr. Joshua M. Bingcang.Also present at the event were Bonifacio Estate Services Corporation General Manager Architect Ernest Pascual and partners from Fort Bonifacio Development Corporation.Following the ceremony and luncheon, the SGV project team, including Strategy and Transactions (SaT) Partner Marie Stephanie C. Tan-Hamed, who serves as Deputy Team Leader and Financial Analyst; Climate Change and Sustainability Services (CCaSS) Partner Katrina F. Francisco as Deputy Environmental and Social Development Specialist; SaT Senior Director Alma Angeli Placido-Domanico as Economic Specialist; CCaSS Associate Director Joshua Ladia as Environmental and Social Development Specialist; and SaT Senior Associate Cedric Jon D. Manzano as Technical Assistant Manager, conducted a project kick-off meeting and site visit around BGC to mark the official start of this engagement.Representatives and key experts from SGV’s partner consultants joined the SGV project team, including Team Leader and Master Planner Michael Koks, Urban Planner/Landscape Architect Nick Espina, Infrastructure Specialist Faustino Abad, Transport Planner Klervin Collado, Real Estate Market Specialist Paul Ramirez, and Annika Kay Chan on behalf of Legal and Policy Expert Michael Acaban.

Audit Group 6 and Tax Partners and Managers held a two-part Planning Conference on 15 October and 21 to 22 November 2025.The first session centered on presenting and discussing the group’s FY26 initiatives, allowing leaders to align on priorities and key action points for the coming year.The second session served as a synergy activity, where Partners and Managers participated in fun and engaging presentations. Each cluster introduced themselves through creative singing and dancing performances that highlighted teamwork, camaraderie, and shared energy.The two-part conference concluded successfully, strengthening connections and deepening the group’s involvement in ongoing plans and initiatives.

SGV & Co. joined Alternergy Holdings Corporation at the Philippine Stock Exchange (PSE) bell ringing ceremony on 21 November 2025 to mark the company’s milestone as the first publicly listed company and first renewable energy developer to receive the Philippine Green Equity Label from the Securities and Exchange Commission (SEC).SGV Assurance Group 4 Leader Veronica R. Pore, SGV Lead Audit Partner Jhoanna C. Go and SGV Climate Change and Sustainability Services (CCaSS) Senior Manager Crystal Aleli R. Cornell represented the Firm at the event. Also present at the event were Alternergy President Gerry P. Magbanua, Alternergy Chief Finance Officer Carmen Diaz and key representatives from the PSE and the SEC.Alternergy met the Green Equity Criteria as outlined in SEC Memorandum Circular No. 13, Series of 2025, which requires: (1) more than 50% of revenue derived from Green Activities, (2) more than 50% of investments channeled towards Green Activities, (3) less than 5% of revenue derived from fossil fuels, and (4) alignment with the Philippine Sustainable Finance Taxonomy Guidelines.Crystal is a member of SGV’s Alternergy sustainability assurance engagement team. Other members are CCaSS Leader and Philippine Sustainability Reporting Committee (PSRC) Chair Benjamin N. Villacorte, CCaSS Managers Ricca Ciana F. Macabuac and Louisse Anne F. Bugante, CCaSS Senior Associates Franchezka L. Mendoza and Caryll Joy C. Franco, and CCaSS Associates Beah Lyn Z. Cuevas and Coleen G. Coronado.