Members of the board of directors of electric cooperatives who have finished their third and last terms shall no longer be allowed to enjoy a term extension or be qualified to run for another term.
In a memorandum issued on Oct. 27, 2022 but published in its website only recently, the National Electrification Administration (NEA) revoked Memorandum No. 2017-036 which provided guidelines in allowing another term of office for board of directors of electric cooperatives.
“Thus, an extension of term of office of a board director who has finished his/her third or last term shall no longer be allowed by NEA and shall no longer be qualified to run for another term,” said then NEA Administrator Emmanuel Juaneza.
Under existing guidelines, an elected member of the board of directors has a term of three years and is entitled to two (2) consecutive reelections.
However, NEA allowed an additional term of three years under so-called exceptional circumstances specified under the guidelines issued in Memorandum No. 2017-036 during the stint of then Administrator Eduardo Masongsong.
Said directive allowed incumbent directors on their last term of office to run for an additional term, provided he/she satisfied certain conditions.
Among the qualifications were: the EC must be classified as “AAA” in the NEA overall performance assessment, color “blue” in the financial and management audit, and with no qualified findings in the external audit; the director must have a proven track record during the three terms served subject to validation by NEA and must have no pending administrative and/or criminal charged filed against him/her in relation to his/her position as board of director; and attended all NEA mandated seminars/trainings, activities, ERC public hearings, exit conferences and official programs and activities of the cooperative.