PARAÑAQUE CITY — Clark Development Corp. president and CEO Atty. Agnes VST Devanadera has been conferred the first-ever Governance Commission for Government-Owned or -Controlled Corporations (GCG) Leadership Award.
The distinction given after GCG’s 15 years of existence crystallizes the vision of RA 10149 (GOCC Governance Act of 2011): transparency, accountability, and excellence in the state-owned corporate sector.
The historic award was presented by former Sen. Franklin Drilon, principal author of the GCG Law, GCG chairperson Atty. Marius Corpus, GCG commissioner Atty. Geraldine Berberabe-Martinez, and Finance undersecretary Rolando Tungpalan, who represented Finance Secretary Frederick Go, on Dec. 1, at the Sequoia Hotel here.
“This award is not just a personal honor—it is a call to action. Public office is a public trust, and we must ensure that GOCCs remain instruments of progress, generating revenues that fund hospitals, roads, bridges, and programs that uplift marginalized communities. Inclusive growth is our shared responsibility,” said Devanadera in her acceptance message.
Ther CDC chief was recognized for reforms that streamlined CDC’s operations and strengthened its investment climate. These include the Business One-Stop Shop (BOSS), Rate Rebasing Exercise, Made in Clark Certification Mark, Online Business Registration System (OBRA), and Business Interdependence System (BIS).
The Maintenance, Repair, and Overhaul–Facilitated Access for Services and Trade (MRO–F.A.S.T.) System, introduced through a joint memorandum order, was also cited for eliminating red tape and standardizing procedures for aviation-related businesses in Clark.
CDC was further recognized for corporate social responsibility programs that directly benefit communities and workers. CDC-PR
