ICD Courtesy Visit to the Department of Trade and Industry (DTI)

by: Erika Rose Baltazar

ICD Corporate Governance Analyst

Institute of Corporate Directors

On June 13, 2024, the Institute of Corporate Directors (ICD) paid a courtesy visit to the Department of Trade and Industry (DTI). The delegation, led by ICD Chairman Atty. Pedro H. Maniego, Jr., and Executive Director Engr. Valentin A. Reyes, included Board of Trustees members Ms. Tomasa H. Lipana and Ms. Ma. Victoria C. Españo. The visit aimed to explore potential collaborations with DTI and to enhance corporate governance initiatives for Micro, Small, and Medium Enterprises (MSMEs).

During the meeting, both parties emphasized the importance of focusing on Small and Medium Enterprises (SMEs). They also discussed the possibility of collaborating with SB Corporation to support microfinance companies in improving their corporate governance practices. To facilitate this collaboration, ICD and DTI will work together to develop and implement targeted corporate governance programs for SMEs and microfinance companies.

Attendees from DTI:

Mr. Alfredo E. Pascual, Secretary of the Department of Trade and Industry

Ms. Emma C. Asusano, Director of Small and Medium Enterprises Development