The members of the Employers Confederation of the Philippines (ECOP) approved the proposal of the ECOP Board of Governors to increase the number of governors from fifteen (15) to nineteen (19).
The ECOP Board of Governors manages and controls the affairs, activities, business, assets, and properties of the Confederation.
Once approved by the Securities and Exchange Commission (SEC) expectedly in 2019, “eleven (11) governors or nine (9) as the case may be shall be elected by a plurality of votes by members entitled from among the charter members and representatives of regular, sustaining and associate members.”
“The election for eleven (11) members of the Board of Governors to be held during the annual meeting in December 2019 following the approval of the amendments to the ECOP by-laws by the SEC shall proceed as scheduled. The incumbent eight (8) members shall be allowed to finish their terms of office with a right to re-election,” the proposed amendments continued.