Governance and Ethics
Our policy on governance and ethics
At First Circle, we are committed to strong corporate governance as the foundation of a transparent, ethical, and accountable organization. We uphold the highest standards in decision-making, compliance, and risk management to ensure our operations align with our mission of empowering SMEs across the Philippines and Southeast Asia.
Through clear policies, internal controls, and a culture of integrity, we strive to protect stakeholder interests, foster long-term trust, and contribute to a well-governed and sustainable financial ecosystem
Board of Directors
As a subsidiary of Carabao Capital Global (CCG), First Circle benefits from the strategic guidance and advisory support of the CCG Board of Directors.
Patrick Thomas Lynch
Executive Director & Chairman
Chief Executive Officer at First Circle
Previously MoneyHero Group and Morgan Stanley
Christopher Mark Burgess
Executive Director
Chief Investment Officer at First Circle
Previously Bridgewater Associates and Morgan Stanley
Rostan Hernani Schwab
Investor Director
Southeast Asia Co-Head for Tech Investments at the International Finance Corporation
Plern (Tee) Suraphongchai
Investor Director
Co-Founder and Managing Partner of Koru Partners
Ciaran O’Flynn
Independent Director
Previously Head of European Rates Flow Trading, Global Co-Head of Fixed Income Electronic Markets, and Head of Bank Resources Management at Morgan Stanley
David Evan Luck
Non-Executive Director
Founder & Executive Chairman at CapitalOnTap, Europe’s largest Corporate Card Issuer to SMEs
Code of Conduct
At First Circle, our Code of Conduct reflects our commitment to building a high-performing, ethical, and inclusive workplace that supports our mission to economically empower SMEs across Southeast Asia. This Code is essential in determining our identity as employees, officers, and stakeholders of First Circle, and reinforces our shared responsibility to uphold our values of Meritocracy, Outcome Ownership, Relentless Application, Personal Growth, and Teamwork.
We are committed to ensuring accountability through clear procedures for handling violations, including our Grievances & Whistleblowing Policy and the imposition of appropriate Penalties.
In line with this, the Code also includes the following core policies: Anti-Sexual Harassment Policy, Anti-Discrimination Policy, Anti-Corruption and Anti-Bribery Policy.
Compliance Manual
At First Circle, we are committed to maintaining the highest standards of legal, regulatory, and ethical conduct across all our operations. Our Compliance Manual guides how we fulfill these responsibilities, ensuring that our actions align with applicable Philippine laws, regulations, and contractual obligations.
While the full manual is an internal document, it reflects our company-wide commitment to integrity, accountability, and transparency—values that help us reduce risk, strengthen stakeholder trust, and support sustainable business growth.
Explore our commitments
Our Commitments
Sustainability
Social Responsibility