Makati Finance Corporation announced that at the Annual Stockholders's Meeting held on 27 July 2017 elected Lawrence Ee and Michael Wee as directors. The company announced that The Organizational Meeting of the Board of Directors was held immediately after the Annual Stockholders Meeting Mr. Cruz was elected as Independent Director. The board also elected Mr. Rene B. Benitez ­as Chairman, Mr. Max Francisco Jose O. Borromeo ­ as Vice Chairman, Mr. Maxcy Francisco Jose R. Borromeo as President, Mr. Joel S. Ferrer as Treasurer, Atty. Danilo Enrique O. Co as Corporate Secretary, Mr. Marcos E. Larosa ­as Chief Finance Officer and Mr. Servando B. Alvarez, Jr. as Assistant Treasurer; Mr. Max Francisco Jose O. Borromeo el as Chairman of Executive Committee and Mr. Juan Carlos Del Rosario, Mr. Jose V. Cruz, Mr. Rene B. Benitez and Mr. Lawrence Ee as members of Executive Committee; Francisco C. Eizmendi Jr., as Chairman of Audit Committee, Mr. Jose V. Cruz, Mr. Juan Carlos del Rosario and Mr. Lawrence Ee as members of Audit Committee; Mr. Joel S. Ferrer as Chairman of Compensation Committee, Mr. Juan Carlos Del Rosario, Mr. Alan Michael R. Cruz and Mr. Eric B. Benitez as members of Compensation Committee; Mr. Eric B. Benitez as Chairman of Nomination Committee and Mr. Rene B. Benitez and Mr. Jose Daniel R. Borromeo as members of Nomination Committee.

The company announced that at the Regular Meeting of the Board of Directors held on 27 July 2017 approved the cash dividends in the amount of PHP 6,897,133.65 or an equivalent of PHP 0.0321 per share to stockholders of record as of 24 August 2017 with a payment date of 19 September 2017.