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Prescribing Rules to Govern the Compensation of Members of the Board of Directors/Trustees in GOCCs including GFIs

PRESCRIBING RULES TO GOVERN THE COMPENSATION OF MEMBERS OF THE BOARD OF DIRECTORS/TRUSTEES IN GOVERNMENT-OWNED OR CONTROLLED CORPORATIONS INCLUDING GOVERNMENT FINANCIAL INSTITUTIONS

Executive Order No. 24, s. 2011 | 2011-02-10

MALACAÑAN PALACE
MANILA
 
BY THE PRESIDENT OF THE PHILIPPINES
 
EXECUTIVE ORDER NO. 24
 
PRESCRIBING RULES TO GOVERN THE COMPENSATION OF MEMBERS OF THE BOARD OF DIRECTORS/TRUSTEES IN GOVERNMENT-OWNED OR CONTROLLED CORPORATIONS INCLUDING GOVERNMENT FINANCIAL INSTITUTIONS
 
WHEREAS, Section 1, Article XI of the 1987 Constitution provides that a “Public office is a public trust. Public officers and employees must at all times be accountable to the people, serve them with utmost responsibility, integrity, loyalty, and efficiency, act with patriotism and justice, and lead modest lives.”;
 
WHEREAS, pursuant...