A Brown Company, Inc. approved appointment of Daniel Winston C. Tan-chi as assistant corporate secretary and Elpidio M. Paras as director. Robertino E. Pizarro appointed as chairman of executive committee and Annabelle P. Brown, Roel Z. Castro, Antonio S. Soriano, Joselito H. Sibayan as members of executive committee. Elpidio M. Paras appointed as chairman of audit committee and Thomas G. Aquino, Antonio S. Soriano appointed as members of audit committee. Elpidio M. Paras appointed as chairman of risk committee and Thomas G. Aquino, Antonio S. Soriano appointed as members of risk committee. Thomas G. Aquino appointed as chairman of compensation committee and Elpidio M. Paras, Robertino E. Pizarro, Roel Z. Castro, Joel A. Bañares as members of compensation committee. Elpidio M. Paras appointed as chairman of Corporate Governance committee and Thomas G. Aquino, Antonio S. Soriano, Joselito H. Sibayan and Joel A. Bañares as members of Corporate Governance committee. Annabelle P. Brown appointed as chairman of Corporate Culture & Values Formation Committee and Thomas G. Aquino, Elpidio M. Paras, Roel Z. Castro as members of members of Corporate Culture & Values Formation Committee. Thomas G. Aquino appointed as chairman of Related Party Transaction Committee and Elpidio M. Paras, Joselito H. Sibayan as members of Related Party Transaction Committee. Thomas G. Aquino was elected as lead independent director.