Metro Retail receives third Golden Arrow Award for Corporate Governance

 

MRSGI Golden Arrow Awards 2026
From left: Ms. Sherisa P. Nuesa, Chairperson of the Board of Directors of MRSGI; and Mr. Joselito G. Orense, President & COO of MRSGI, at the ICD’s 2026 Golden Arrow Awards ceremony.
 

Metro Retail Stores Group Inc. (MRSGI) has secured its third consecutive Golden Arrow Award from the Institute of Corporate Directors (ICD), reinforcing its steadfast commitment to ethical leadership, transparency, and governance excellence. The recognition highlights the Company’s dedication to aligning with global best practices while fostering enduring trust among its investors, employees, and customers.

The ICD confers the Golden Arrow Awards based on the ASEAN Corporate Governance Scorecard (ACGS) and Corporate Governance Scorecard (CGS). These frameworks evaluate publicly listed firms on how effectively they protect shareholder rights, drive operational transparency, engage key stakeholders, and maintain strong strategic oversight through their Board of Directors.

Achieving this honor for three straight years underscores MRSGI’s consistent adherence to high governance standards and its active role in building a more accountable corporate landscape in the Philippines.

Alongside governance integrity, MRSGI has also maintained its position on the Fortune Southeast Asia 500 list of the region’s largest companies by revenue for three consecutive years.

 

To date, Metro Retail operates a total of 84 branches across Luzon and the Visayas under the formats Metro Supermarket, Metro Department Store, Super Metro Hypermarket, Metro Value Mart, and Metro Home Improvement and Lifestyle. In line with its commitment to sustainable growth and strong corporate governance, MRSGI continues to strategically expand its retail network.