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WHO appoints new Western Pacific regional director
MANILA, Jan. 23 (Xinhua) -- The World Health Organization (WHO) executive board on Tuesday confirmed the appointment of Saia Ma'u Piukala as the next WHO regional director for the Western Pacific region. The WHO regional office in Manila said Piukala's plan for his first 100 days in office includes visiting many of the 37 countries and areas in the region, engaging with governments and other stakeholders, listen.....»»
Cebu Daily Newscast: LWUA claims Rama has no authority to remove MCWD directors
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. LWUA claims Rama has no authority to remove MCWD directors The Local Water Utilities Administration or LWUA declares the appointment of the new members of the Board of Directors of the Metropolitan Cebu Water District (MCWD) by Cebu City Mayor Michael.....»»
Replacement of Daluz as MCWD chair was ‘legal and valid’
CEBU CITY, Philippines – Lawyer Carlo Vincent Gimena, the head of the Cebu City Legal Office, said that the appointment of the new members of the Board of Directors of the Metropolitan Cebu Water District (MCWD) was “legal and valid.” He debunked the statement released by Lawyer Jose Daluz III, former MCWD chairman, on October.....»»
Breathing osmosis of public service
Education and public service are deeply ingrained in his family heritage. His mother dedicated her career to educating students in public schools, while his father pursued a profession in government as a lawyer specializing in human rights. Dr. J. Prospero “Popoy” de Vera III, chairman of the Commission on Higher Education or CHEd, recalled that his mother, a teacher at the Esteban Abada High School in Manila, always brought him to school when he was still a young boy. His mother became the principal of Ramon Magsaysay High School, also in Manila, before her retirement. He said he and his siblings grew up breathing the osmosis of public service. “So, when I was growing up, the importance of education was drilled into us. Our mother always tells us to finish our education; nothing will happen in our lives if we don’t graduate from college,” De Vera said, adding that he and his siblings all graduated from public schools. “We are nine siblings, but my parents don’t have the money to send us to private schools. All of us graduated from the University of the Philippines. We are products of public schools; we were just the ‘iskolar ng bayan’ through and through.” Popoy, who finished a bachelor’s degree in History from UP, teaches political science and history at the De La Salle University and the University of the Philippines. He completed his master’s in social science at De La Salle University and doctoral studies in public administration at the University of the Philippines Diliman. He also has a master’s degree in higher education policy and higher education administration from the University of Southern California, one of the top schools in the United States of America, and later worked at the state legislature in California for three years. “In that sense, after I graduated from college, one of the options that I saw is either I take up law or teach, or to work in government, etc. There was an opportunity to teach, so I got into education.” In addition to his teaching responsibilities, De Vera also served as a consultant to several government agencies and provided his expertise to congressmen and senators. “Simultaneously, while I was teaching, I was also a consultant to the government. I worked as a consultant and then as chief of staff at the House and Senate.” His extensive academic background and government experience were benchmarks for his appointment as CHEd Commissioner in 2016, highlighting his qualifications for the position. “Since my background is in public administration and I also teach, I have a certain level of confidence that I really understand government, and I want to prove that I can do what I teach. I have a lot of involvement in the House and the Senate, from being an executive assistant until becoming chief of staff. I went through them one by one.” De Vera’s proficiency in legislative affairs from 1988 to 2010 (except for his three years abroad) encompasses a plethora of skills, including bill drafting, speech writing, and crafting amendments. Such expertise is a direct result of his extensive involvement and experience in the realm of legislation. Before his appointment to CHEd, he served as vice president for Public Affairs at UP in 2011. In 2004, he became part of the board of regents in some state universities and colleges. When he took the offer to head CHEd in 2018 after serving as commissioner for two years, he was confident because he survived UP. “I have a high level of confidence that I can do the job because they say that if you survived to govern UP, you can govern everything else because UP is the most ungovernable university in the country. So, if you survived there, you understand the public university system,” he admitted. He narrated to have experienced a sense of ease and familiarity when he joined CHEd. “It felt natural, perhaps because it aligns with my expertise. I might have had some reservations if it were a different department outside my field. However, since there was an opening at CHEd, I decided to offer my assistance, and that’s how I found myself here,” he shared. In running an agency with only 1,400 employees and serving more than 2,000 public and private higher education institutions across the country lies the challenge, De Vera said. With the scope of responsibilities, he gets to visit all state universities and colleges. Riding a bicycle, he witnessed first-hand the brilliance, resilience, and great potential of state universities and colleges. “I would be the first CHEd chair who visited all the state universities and colleges in this country. No one has done that yet,” he said, adding that he had already visited 100 of the 114 state-run universities. “I think in a year, I will finish all of them. The feeling is so different when you see what’s happening on the ground. So, from the start of my appointment, I started going around. I’ve gone to the farthest parts of the country.” As the chairperson, he said his firsthand experience in higher education enables him to speak with confidence and authority on the subject. “By engaging directly with students and faculty, attentively listening to their concerns, and providing meaningful responses, I believe I have made a significant impact. The presence of a secretary in these interactions creates a distinct atmosphere, instilling a sense of importance and value in education stakeholders. This ability to make those on the ground feel significant is a legacy I take pride in,” he said. One of the legacies De Vera is proud of is the implementation of free higher education, which coincided with his tenure. “I consider myself privileged because my predecessors did not have the opportunity to enact such a policy. Despite the challenges encountered, I believe that the beneficiaries truly reaped the benefits of this initiative,” he said. In the face of the Covid-19 pandemic, the country was confronted with unprecedented difficulties and uncertainties. CHEd, however, managed to navigate these challenges and ensured that education persisted. “This, in itself, is an accomplishment. Despite various government interventions being affected, we remained steadfast in delivering education to the best of our abilities,” he said. De Vera actively advocates for an inclusive education system that provides equal opportunities for marginalized sectors to complete their tertiary education. He seeks to create “first-generation graduates” as a legacy of the current administration. This program aims to offer educational opportunities to young Filipinos from minority and indigenous groups, children of rebel returnees, and other marginalized communities, enabling them to complete their education successfully. “Why not consciously make our legacy about bringing these individuals into the mainstream and ensuring they have the opportunity to finish their education? This emerging phenomenon is something we can truly focus on.” He added: “If we can successfully accomplish this within the next three years while I am in office, I can confidently say that it will be a legacy achieved by the Marcos administration. While the Duterte administration initiated free higher education, the Marcos administration aims to make it more equitable and responsive to the needs of marginalized individuals.” The post Breathing osmosis of public service appeared first on Daily Tribune......»»
Maharlika gets P75-B seed fund
Two state financial institutions have plunked down their contributions to get the ball rolling for the Maharlika Investment Fund, or MIF, the country’s first sovereign wealth fund. The Development Bank of the Philippines turned over its P25-billion contribution on 15 September, the day after the Land Bank of the Philippines pumped in its P50 billion to the Maharlika Investment Corp., the corporate vehicle for the MIF, for a total of P75 billion in seed fund for the MIC. The Bureau of the Treasury, or BTr, on 28 August issued the implementing rules and regulations of the MIF Act of 2023, which took effect on 12 September. President Ferdinand “Bongbong” Marcos Jr., in a forum last Wednesday in Singapore organized by the US think tank Milken Institute, said the government will be tapping mainly its unutilized reserves to find investment opportunities. He assured that professionals will run the fund without intervention from politicians. Marcos said the MIF will allow the government to tap the country’s reserves for investment without borrowing. The government seeks to utilize the MIF to bankroll infrastructure, energy development, and agriculture projects. DBP president and chief executive officer Michael de Jesus said DBP deposited its share of the seed fund to the BTr’s account on 15 September, ahead of the 17 September deadline. Under the law, the national government, DBP and LandBank are mandated to put up the initial capital of the MIC, contributing P50 billion, P25 billion, and P50 billion, respectively. Finance Secretary Benjamin Diokno said the remittances from the two largest state institutions will pave the way for the full operation of the MIC. Hunt for execs starts Foreign and domestic investors are eagerly awaiting the full establishment of the MIC, as the national government is expected to complete the appointment of highly qualified and capable individuals who will comprise the MIC governing board. “We are witnessing a growing interest in investments in the MIF from multilateral financial institutions and foreign investors. With the regulatory requirements in place, and after securing the seed capital from the state-run institutions, we are confident the fund will be operational by yearend,” Diokno said. De Jesus said the MIC should optimize the use of the government’s financial assets to generate substantial returns and support infrastructure to promote the efficient management of wealth and assets. He added that “gains from both the financial and developmental fronts as a result of the trailblazing activities of the MIC” will be realized in the next four to five years. The post Maharlika gets P75-B seed fund appeared first on Daily Tribune......»»
Alibaba announces surprise departure of ex-CEO
Chinese e-commerce giant Alibaba has announced the surprise departure of former CEO Daniel Zhang, who had been set Monday to take charge of a key subsidiary as the firm undergoes a major restructuring. Hangzhou-based Alibaba is one of China's most prominent technology firms, with business operations spanning cloud computing, e-commerce, logistics, media and entertainment, and artificial intelligence. After years of turbulence in the Chinese tech sector, Alibaba in March announced the biggest restructuring in its history, dividing itself into six entities, with the goal of listing them on the stock exchange separately. CEO Daniel Zhang was due to take charge of the firm's new cloud computing branch, now a separate entity, on Monday. But two months after announcing his appointment, Alibaba said its ex-boss was no longer with the company. "The board of our Company expresses its deepest appreciation to Mr. Zhang for his contributions to Alibaba Group over the past 16 years," the company said in a statement to the Hong Kong Stock Exchange, where it is listed, late on Sunday. It gave no reason for his departure. Plans for a spin-off cloud computing firm would go ahead, Alibaba said, "under a separate management team to be appointed". The company announced in June that Zhang would be replaced by Joseph Tsai as chairman and Eddie Wu as CEO. The executive played a vital role in the company's success in the past decade, spearheading the now hugely popular Singles' Day shopping festival since its first edition in 2009. Shares in the firm sank nearly 3.5 percent Monday -- the first working day of its new reorganization into six distinct branches. In addition to e-commerce and cloud computing, Alibaba's reach stretches into everything from logistics to media, entertainment and artificial intelligence. But its vast size brought it into the crosshairs of Chinese regulators as Beijing sought to crack down on the tech sector. In 2020, Alibaba became the country's first tech giant to bear the brunt of increased oversight, when authorities called off what would have become one of the most valuable public listings in history -- valued at $34 billion -- for its former subsidiary Ant Group. Ant Group is the owner of Alipay, a mobile payment application widely used in China. One month after officials hit the brakes on its IPO, Alibaba was investigated for alleged anti-competitive practices, then issued a $2.8 billion fine. And in July authorities fined Ant Group nearly $1 billion for breaching banking regulations. The post Alibaba announces surprise departure of ex-CEO appeared first on Daily Tribune......»»
Finally, MB gets new members
After months of speculations, President Marcos finally announced the appointment of Romy Bernardo and Lea de Leon to the seven-member Monetary Board, thereby allowing the Bangko Sentral ng Pilipinas a better and more balanced discussion on monetary and financial decisions that the policy-making body has to deliberate on by Sept. 21 following the uptick in August inflation......»»
Maguindanao del Norte: Caused by wrong legal advice (3)
These government lawyers who rendered the legal opinion that Section 50 of Republic Act 11550 is not applicable to Acting Governor Sinsuat and Acting Vice-Governor Mastura, who assumed their respective offices in obedience to the aforementioned law, have forgotten that if there is vagueness in a particular law, they must look for the intent of the lawmakers who crafted and passed it, to make it operative and effect the very purpose it intended to serve. They must take heed of the recent decision promulgated on 26 June 2023 in G.R. No. 265373 by the Supreme Court in granting the petition for mandamus and making permanent the writ of preliminary mandatory injunction filed by Acting Governor Sinsuat against the Bureau of Local Government Finance or BLGF Regional Office XII, for refusing to process the designation of Badorie M. Alonzo as Provincial Treasurer of Maguindanao del Norte in a concurrent capacity as Provincial Treasurer of the Mother Province of Maguindanao, in accordance with Section 51, of Republic Act 11550. This case is intertwined with the present impasse on the acting governorship of Maguindanao del Norte and their legal opinion and advice that triggered the current controversy. In the said case, the highest tribunal of the land, among others, clearly stated: “Albeit the plebiscite was conducted only after the May 2022 National and Local Elections, this does not invalidate Section 50. As one of the transitory provisions, Section 50 is intended to operate upon the effectivity of the law. Indeed, it would be in keeping with the spirit and intention of the law to give life to its transitory provisions for we cannot simply allow the already existing Provinces of Maguindanao del Norte and Maguindanao del Sur to be without a set of officials or without any funds for their operations. In Lecaroz v Sandiganbayan, we reiterated the strong presumption against a legislative intent to create a vacuum in public offices, xxxx, viz.: “Indeed, the law abhors a vacuum in public offices, and courts generally indulge in the strong presumption against a legislative intent to create, by statute, a condition which may result in an executive or administrative office becoming. for any period of time, wholly vacant or unoccupied to one lawfully authorized to exercise its functions. (talons) This is on obvious considerations of public policy, for the principle of holdover is specifically intended to prevent the public from suffering because of a vacancy and to avoid a hiatus in the performance of public functions. “The rule of holdover applies where there is express or implied legislative intent to the contrary. But it cannot be applied if there is such a legislative intent. “Here, the intent of Congress is made clear in Section 50 of Republic Act 11550. it did not intend in the interim for a vacuum to exist in the public offices of the newly created Provinces of Maguindanao del Norte and Maguindanao del Sur, Indeed, it will absurd, nay (italics) contrary to the intent of Congress and and the will of the sovereign constituents of these new provinces, to interpret the law in a manner which unduly and unreasonably delays its operation and corporate existence.” The government barristers should realize by now that their legal theory and advice, which was the basis of the appointment of the acting OIC Macacua, has been repudiated. It behooves them therefore to recommend the recall of the said appointment so that the rule of law shall prevail in Maguindanao del Norte. They cannot invoke legal technicality to derail or delay the enforcement of the grant of the writ of mandamus. There is a newly created Maguindanao del Norte, and the people have expressed their sovereign will as to who will govern them in the interim Thus the Supreme Court in the mandamus case ruled: “The Court, nonetheless, must render judgment despite the silence, obscurity, or insufficiency of the law. Here, an indubitable fact: The Provinces of Maguindanao del Norte and Maguindanao del Sur have already ipso facto been created and defeated upon the approval of majority of the voters during the plebiscite. It is this very operative act that created the provinces. The people had clearly pronounced their will.” When the people of the undivided Mindanao went to vote in the plebiscite to ratify the division of their provinces into two, they were well aware that under Section 50, RA 11550, they would be voting for the transitional provincial officials of Maguindanao del Norte, meaning whoever won as Vice-Governor and the board member getting the highest number of votes would serve as Acting Governor and Acting Vice-Governor, respectively, until their successors have been elected and qualified in the next local elections. That particular provision doesn’t say that the two acting provincial officials shall serve until their successors are appointed. It distinctly and expressly says “until their successors are elected and qualified xxx.” It therefore follows that the appointment of Macacua contravenes the said provision. (To be continued) The post Maguindanao del Norte: Caused by wrong legal advice (3) appeared first on Daily Tribune......»»
Serve with dedication, integrity, gov’t workers told
Supreme Court Chief Justice Alexander G. Gesmundo strongly reminded those in government that “public service is demanding but it is rewarding when done with utmost dedication and integrity.” “It is only through this that we will realize that all the long hours we put in, all the sacrifices that we and our family have endured, have all been for a higher meaning and purpose,” Gesmundo said. “No matter what our position, when we do our work well, we do something good for the public,” he added. Gesmundo and the other justices of the SC lauded CA Presiding Justice Remedios Salazar-Fernando for exemplary work during her 70th birthday on 1 September, her retirement age. Gesmundo hailed Salazar-Fernando for her exemplary work in the various institutions she had served in her long and storied career in government. Joining Gesmundo on the occasion are Supreme Court Associate Justices Ramon Paul L. Hernando, Amy C. Lazaro-Javier, Henri Jean Paul B. Inting, Samuel H. Gaerlan, Jhosep Y. Lopez, Japar B. Dimaampao, Jose Midas P. Marquez and Antonio T. Kho Jr. PJ Salazar-Fernando, or “PJ Mids” as she is fondly called, began her 50-year service to the public as a law clerk in the Supreme Court. She went on to serve as a supervising presidential staff in the Presidential Management Staff of the Office of the President. She then returned to the Judiciary with her appointment as Municipal Trial Court Judge of Sta. Rita, Pampanga in 1983 and served as Acting MTC Judge of Lubao the following year. President Corazon C. Aquino appointed her Chairperson of the Land Transportation Franchising and Regulatory Board in 1987 and served as an Assistant Secretary of the Land Transportation Office in a concurrent capacity in 1991. PJ Mids was appointed Commissioner of the Commission on Elections in 1992. She returned to the Judiciary again with her appointment as an Associate Justice of the CA on 25 May 1999. On 25 November 2020, she was appointed Presiding Justice by President Rodrigo R. Duterte. The post Serve with dedication, integrity, gov’t workers told appeared first on Daily Tribune......»»
Maguindanao del Norte: Caused by wrong legal advice (2)
The Maguindanao del Norte impasse, with the spectacle of having two acting governors holding office simultaneously, is obviously caused by wrong legal advice of the government lawyers of the Office of the Solicitor General, Department of the Interior and Local Government, and of the Bangsamoro Autonomous Region in Muslim Mindanao. Acting Governor Bai Fatima Ainee Sinsuat, who assumed office pursuant to Section 30, Republic Act 11560, holds office at Datu Odin Sinsuat municipality, which is the seat of the Provincial Capitol of Maguindanao del Norte. Acting OIC Abdulraof Abdul Macacua, appointed by the President, presumably upon the advice of government lawyers, pursuing the theory that there was a vacancy in the position of Acting Governor in the newly created Province of Maguindanao del Norte, is holding fort in Cotabato City, curiously not a part of Maguindanao del Norte. The Acting Vice-Governor Sharapudin Tucao Mastura and the members of the Sangguniang Panlalawigan of Maguindanao del Norte, hold their sessions at the old Capitol Building in Sultan Kudarat, Maguindanao del Norte. The government lawyers foisted the legal opinion that Section 50 of Republic Act 11550 which created the new provinces of Maguindanao del Sur and Maguindanao del Norte is not applicable to Acting Governor Bai Fatima Ainee Sinsuat and Acting Vice-Governor Sharafudin Tucson Mastura, in so far as the law makes them the transitional highest provincial officials that will govern Maguindanao del Norte until their successors have been elected and qualified in the elections of 2022. They opined that since the plebiscite ratifying the law creating the new provinces occurred after the 2022 national and local elections, and not prior to the elections, as contemplated in the said legal provision, the assumption of the elected Vice-Governor and the highest-ranking board member elected in the 2022 local elections in the then undivided Maguindanao Province, cannot take place. To their legal minds, by reason of such circumstance, a vacancy was created in the positions of Acting Governor, Acting Vice-Governor, and members of the Sangguniang Panlalawigan. This wrong legal opinion, which apparently became the basis of their legal advice to the appointing power, paved the way for the appointment of Abdulraof Abdul Macacua as Acting OIC of the Province of Maguindanao del Norte. That wrong legal opinion and advice created the legal fix Maguindanao del Norte is presently in. It is the proximate cause of why the efficient and effective delivery of basic services to the people of Maguindanao del Norte has been stalled, if not completely stopped. So too is the failure of the employees of the province Maguindanao del Norte to draw their salaries on time, if they receive it at all. These lawyers have forgotten a basic tenet in legislation. A law cannot create a vacuum. It cannot allow a situation where there will be a hiatus in governance relative to who will assume such a task. Nor will it tolerate a circumstance that there will be either a stoppage of work or a failure or a delay in the delivery of basic services to the people. (To be continued) The post Maguindanao del Norte: Caused by wrong legal advice (2) appeared first on Daily Tribune......»»
Shake up targets PAL growth path
PAL Holdings Inc., or PHI, operator of the flag carrier Philippine Airlines or PAL, has appointed new key executives to its management team to further strengthen its corporate structure — a move seen to sustain the company’s growth momentum. The company informed the stock exchange on Tuesday that it appointed Eric David Anderson as the new PAL chief commercial officer or COO. “The Board approved the reinstatement of the position of chief commercial officer and confirmed the appointment of Mr. Eric David Anderson to the said position with the rank of senior vice president,” the PHI report read. Anderson previously served as PAL’s vice president for Revenue Management and Strategy. Before joining PAL, he was the director for Revenue Management and Planning at Amerijet International Airlines in the United States. He was also the finance manager for Customer Service Ops for Amazon Japan, and director for Global Cargo Strategy, Alliances, and Product for US mega-carrier Delta Air Lines. Relatedly, PHI also disclosed that the company’s Board likewise approved the reinstatement of the position of executive vice president who will report to the president and COO. Sustainability key PAL noted that the move will ensure that its operations are sustainably carried out under the company’s business plan. PAL also recently appointed Anna Isabel Villanueva-Bengzon as chief financial Officer last July. Bengzon was a former deputy CFO for Global Business Power Corporation of Meralco PowerGen until July 2023. She has also worked as CFO for MediaQuest Holdings Inc., TV5 Network Inc., and Metropac Movers Inc., as well as VP/head of Investor Relations at PLDT. The post Shake up targets PAL growth path appeared first on Daily Tribune......»»
PLDT bolsters alignment with global climate reporting standards
Leading integrated telecommunications company PLDT Inc. continues to strengthen its alignment with global standards for climate action as it benchmarks with the 2023 disclosure system of the CDP. Previously known as the “Carbon Disclosure Project” and recognized globally by investors, cities and corporates, CDP provides guidance on climate-focused reporting metrics and facilitates an independent scoring on progress in terms of governance, risk management, target and performance and emissions data, among others. For its 2022 CDP assessment, PLDT received a “B” or a “Management” rating, signifying that the company has measures in place to manage its business impact on the environment. This was a significant improvement from its “C” or “Awareness” rating in 2021 and 2020 consecutively. Results of the 2023 CDP assessment are expected to be released by 2024. “Climate action is integral to our strategy of embedding sustainability in the way we do business. As this discipline calls for continuous learning and collaboration, we aim to maximize opportunities to adopt and align with global best practices and reporting standards,” said PLDT first vice president, chief sustainability officer and head of investor relations Melissa Vergel de Dios. PLDT’s environmental management measures include a decarbonization roadmap that targets Scope 1 and Scope 2 greenhouse gas emissions reduction by 40 percent by 2030, from a 2019 baseline. This target is underpinned by the company’s expansion of renewable energy use, operational eco-efficiency measures and green technology adoption for its network and data center rollout. As CDP underscores the importance of assessing and identifying climate risks, PLDT earlier reported on its conduct of a comprehensive and third-party aided climate risk assessment that guides its strategies for disaster-proofing its digital infrastructure and institutionalizing business continuity measures across its organization. The company also integrated climate expertise in the composition of its board of directors, with the recent appointment of Fr. Roberto C. Yap, S.J. as a member of its advisory committee. Yap, S.J. holds a PhD in Environmental Economics from the University College London and is slated to contribute to PLDT’s thrust of strengthening its climate governance and management approach. These efforts demonstrate PLDT’s support for the goals of the Paris Agreement and contribution to the United Nations Sustainable Development Goals, particularly Goal 9 on Industry, Innovation and Infrastructure, and Goal 13 on Climate Action. The post PLDT bolsters alignment with global climate reporting standards appeared first on Daily Tribune......»»
Michael Ted Macapagal: Making tracks in public service
If life were a train, then Michael Ted Macapagal’s has been quite a ride. Raised by a labor leader and human rights lawyer father who served the people of Olongapo, including the workers of the US American Base in Subic, Michael Ted Macapagal had always wanted to become a public servant. It took Ted, though, a long journey to reach his goal, first achieving success in the insurance field in the United States where he lived for 20 years starting in 1991. Today, he is the chairman of the Philippine National Railways, a position “that allows me to make a difference in the lives of my countrymen,” he shared during his recent visit to the Daily Tribune office in Makati. Ted, good-looking and affable, proudly spoke of a father, his namesake, Atty. Teddy C. Macapagal who, early on, exposed his son to a firsthand view of a gentleman who looked beyond himself and his personal interests, and instead dedicated his career to protecting the common man and bettering their lot. The elder Ted served as a city councilor for 10 years. In 1984, he ran for the Batasang Pambansa, and in the late 1980s, for city mayor. “In all these electoral processes, I was involved and saw for myself how my father related to the people. He was a sincere man who helped them in the best way he could. He provided free legal services to those in need,” Ted recounted. Ted grew up in Olongapo, his place of birth. It was in the neighboring province of Pampanga, though, at the Don Bosco Institute in Bacolor town, where he first studied, but he eventually returned home to Olongapo, where he finished high school at the St. Columban. Aiming to become a lawyer, he enrolled at the University of the Philippines in Diliman, where he majored in History, which he intended as his pre-law course. Not unexpectedly, he joined the Upsilon Sigma Phi, his father’s fraternity. He also joined rallies where he stood with those who wanted the retention of US bases in the Philippines, in keeping with the sentiments of his townsmen. “It was the one concern where the whole of Olongapo was united,” he recalled, “because the people’s livelihood was connected to the base and the American presence in the community.” As a lawyer who specialized in labor, his father himself handled cases for the base employees. In 1988, his father lost his mayoralty bid in Olongapo. He fought against his fraternity brother, Richard Gordon. Actually, the two had been fighting it out for decades. “Olongapo became too small for them,” shared Ted. “A vivid memory to me to this day was the night I cried after my father lost. I was heartbroken because, for the most part of my life, I saw him give his all to the people. Throughout all those years, I just loved assisting my father. I followed him whenever he visited his constituents. I was a witness to everything that happened to him, his conflict with his political adversary and the loyalty of the people who believed in him and saw in him the man who would change the face of politics in our city.” The elder Macapagal became OIC-Mayor in 1986, but only two months after he received his appointment from the new president because the incumbent mayor did not easily give up his post which he was required to vacate under the new revolutionary government. “The next local election was the most expensive political exercise that our family ever waged,” Ted recounted. “It was then that my father decided that I pursue a new life in the United States, away from politics back home. “All the while, my heart never left the Philippines. Even before I left, I promised myself I would return to continue what my father started.” First non-white president Ted stayed in San Francisco for 20 long years. He had a tough time at the beginning of his new life. “I started off doing odd jobs. I worked as a security guard, janitor and waiter in a pizza parlor. “I also guarded the heavy equipment in a construction site in San Francisco. Thievery was a problem in that kind of situation. We would sleep in a trailer. “I transferred to a construction firm because I found out it offered a bigger salary. But I didn’t know the technical aspects of construction. Once, I made a portable ladder, but it fell apart, for which I was scolded by the owner of the company. I was fired on my third day on the job. Too bad because it paid high.” Ted then decided to pursue another degree, one that would be more useful in the United States. He took up Human Resource Management, a four-year course at the University of California in Berkeley. When he finally entered the corporate world, his first job was as a clerk. It wasn’t long before he became Division President of Stewart Title Company, one of the largest underwriters in the world, with offices across the United States, and in some 80 countries around the globe. He was based in the San Francisco Bay Area. “I may have been the first non-white president,” he said. “And I was a division president for the whole of North America. I was the first Filipino to reach that level.” Of his trailblazing accomplishments, he shared, “I was able to bring cultural diversity to the company, which enhanced its value. I got the top post because I asked for a meeting with the president. I told him we were not diverse enough to appeal to the non-white clients, and there were many of them who were first-time home buyers. Then, I told him to make the rounds. He would see that none of the home buyers was white. They were of different ethnic groups. I told him that if he appointed me as vice president, I would give him multi-cultural buyers because I would appeal to them and they would be our first-time buyers. So, he appointed me, and one month later, he made me president.” As an adjunct, he lectured on the topic of title insurance and escrow procedures in several community colleges in and around the San Franciso Bay Area. Through it all, he chose to keep his Filipino citizenship. The ‘Railway President’ For all the successes he was enjoying, the Philippines beckoned. He felt he still had a mission to accomplish. “My father was surprised. He asked me why I would still want to go home when I was doing well in the States. I insisted, so I came back and I plunged into political life. I worked on difficult campaigns, like the one for Rodrigo Duterte.” Back to his first love and passion, the political arena, he was in his element and served as president of PDP LABAN in Olongapo City from 2016 to 2021. In 2022, he joined LAKAS-CMD as its local chairman. This engagement led to his original target, as his father had achieved in his lifetime — serving the people. This time, he would be appointed to key posts in the government. He became director of the Clark Board and Gulf Oil Philippines. He took his oath of office as chairman of the Philippine National Railways on 28 April 2023. It is a job in a government agency where he is confident “I could make a difference because I can see that President Bongbong Marcos is really intent on improving the railway system of the country. “On my part, I want to make a difference. I want to be able to contribute whatever I can to help the president to achieve that objective. I call him now the ‘Railway President’ because I consider him the father of the railway system in our country.” Of course, he noted that many plans have been formulated during the time of President Rodrigo Duterte. Moreover, he recognized that President Gloria Arroyo “navigated our country through the global crisis. I was in the United States when the global economic crisis happened, and the Philippines was one of the countries spared, and I give credit to her. The economic fundamentals were very strong during her time. Being an economist, she was there at the right time when the country needed her the most.” With President BBM at the helm, he is confident “we will be able to push through with our development plan and finish the projects we have started, like the North-South Commuter Railway, which is a 147-kilometer stretch from Clark to Laguna. We hope to have the dry run in 2026 and it will be fully operational in 2027.” He also looks forward to the completion of the Bicol South Long Haul project. He is equally hopeful for the North Long Haul, the Subic-Clark and the Mindanao railways. He clarified that “we are now talking with the proponents, while some negotiations are being undertaken.” Working boots and a hard hat It would seem that this successful insurance executive was out of place in the railway sector. He pointed out, though, that “coming from the outside, I have the technical advantage of being able to look outside the box. So, I’m looking at it from outside the box, looking in. I am able to see the problems that need to be fixed. Stoppage is one of the problems so we have a bus augmentation program. We will also deploy UV Express units. We are closely coordinating with the LTFRB to provide emergency alternative transportation.” On the other hand, his exposure to people of all backgrounds from his youth, being his father’s son, has given him the advantage of “knowing how it is to be one of the boys. Something that I also experienced in the United States. “When people ask me what my management style is, I tell them straight I like to go down to the ground. I like hands-on supervision. I want my hands to be dirty. If you open the trunk of my car, you will find my working boots and my hard hat. I enjoy going to the construction sites and seeing for myself the progress, the problems, whatever it is that needs to be attended to. “Finally I want those working in the field doing the most difficult tasks to be satisfied and never to be hungry. Gusto ko, busog sila lagi. I am not happy when I get invited by the constructors and I am honored with a feast-like lunch or dinner, and not knowing what the workers are eating. I am on a diet anyway, so I make sure that my hosts bring the food to where the workers are eating. I can only eat so much and I would rather that the workers and the staff are full and happy. I am vocal about my displeasure when the construction workers are not eating the same food that is served to me. I may not be able to invite them to where I am eating but I can have the food brought to them.” Smiling from heaven Without a doubt, the old man Atty. Teddy C. Macapagal is smiling happily from his heavenly perch. He had served his fellowmen well, but he had done right as well by raising a son who took after his heart, to whom service to the people and compassion for the less fortunate matter more than any personal gain. His father, according to Ted, “died a broken man at the young age of 63. But whatever he lacked in longevity and riches, he made up for it with his compassion for others, for the free legal services that he gave to the people of Olongapo. “If you didn’t have money, you went to him because he was generous with his time and expertise. He would even give you some cash to use for your transportation fare to go home. That was my father. “The people whom he helped in turn would come to our home and bring him gifts like eggs, fruits, fish, vegetables and native chickens that they raised in their backyards. My father accepted them all. When I came home and saw all this, I teased him and said that he should probably open a sari-sari store so he could resell them. “Of course, we had a good laugh. But beyond the laughter, we both knew in our hearts that doing good to one’s fellowmen is its own reward and nothing in this world can take the place of personal fulfillment for having put a smile on people’s faces because you somehow made their lives better. “I am grateful that I have been raised by such a great father.” The post Michael Ted Macapagal: Making tracks in public service appeared first on Daily Tribune......»»
Bright future for PEZA and ecozone industry
I never dreamed of being at the forefront of an agency that contributed much to nation-building and has had a huge impact on the lives of many Filipinos, simply because job opportunities were created for them and their families. A probinsyano and son of a public servant, I grew up in the Bicol Region, in the capital town of Pili in Camarines Sur. My Father was a judge, hence a disciplinarian. My siblings and I were raised in an atmosphere of seeking excellence for that was what he demanded. It was my mother, a public school teacher, who tempered the strictness with love, understanding, and compassion – traits that I inherited and honed the person that I am today. Having been educated in Catholic schools in Naga City for elementary and high school, and at the premiere state university for college and graduate studies, had likewise molded my character into being a man for others and striving for integrity and excellence as core values. Coming from a family of public servants strengthened my resolve as well to pursue a career in government service. One day in January 1998, as I was walking along Roxas Boulevard after coming from a meeting, my curiosity was piqued by a government office that had a “For Hire” sign. I walked in, applied, and was admitted by the same agency in February 1998. This is how my journey in the Philippine Economic Zone Authority or PEZA began. Since my first day in office, I knew that the PEZA was the ideal agency for me given its exemplary performance as a government-owned and controlled corporation attached to the Department of Trade and Industry. Rising through the ranks and having been immersed in various facets of the agency’s operations had encouraged me to excel in my work and aspire for Career Executive Service Officer eligibility and various foreign training for my career advancement. Beyond these personal gains, the long years of training and working with PEZA provided me the unique opportunity to contribute to propelling the nation’s growth by helping our agency achieve its mandate of attracting investments in the ecozones to be able to generate jobs, exports, and other economic opportunities for the country. As I am now at the helm of PEZA after having been appointed as its Director General by the President last 23 March, I realized that my real calling as a public servant is to continue embracing transformational leadership as I motivate and inspire my fellow PEZAns to give their best for PEZA and the country. In the short period when I assumed office, we have accomplished so much already as I employed a high-involvement and teamwork approach in mobilizing the support of the management and employees, valued ecozone investors, and industry partners as we collectively promote and facilitate investments through the ecozone program. We have doubled our investments in 2002 vs. 2021, where much of the investment pledges came in when President Ferdinand R. Marcos Jr. assumed office. We have sustained the growth momentum for the first five months of 2023, with PEZA’s approved investments reaching P48.03 billion which is 2.5 times higher compared to the same period last year. Ecozone manufactured goods/commodities and IT services account for 53% share of the total country’s annual exports. With 20 new ecozones awaiting Presidential Proclamation, PEZA can help accelerate countryside development to increase further the current 422 operating ecozones hosting 4,372 locator companies and providing 1.8 million direct jobs for our “kababayans.” We laid down some key policy reforms and other initiatives to further ease doing business and enhance our competitiveness as an investment destination. PEZA is among the first few agencies in government that have rolled out a cashless and paperless system for facilitating locators’ permits and other transactions. Moreover, we will automate this year our visa, building permit, letter of authority, financial management, and EPAMs, and launch our digital marketplace for the integration of local producers and suppliers into the ecozone value chain. Together with the DTI, Board of Investments, and Fiscal Incentives Review Board, we have restored the fiscal incentives of our RBEs under the Corporate Recovery and Tax Incentives for Enterprises Law. We have partnered initially with the Department of Science and Technology and the Department of Information and Communications Technology in promoting new frontiers in ecozone development and got the Commission on Elections to exempt the locators from the long-standing clearance requirement for the movement of regulated commodities during an election period. We have also been actively involved in investment missions abroad and where we have been reaping the benefits from realized new investment sources and a mix of product sectors, with no less than the President taking the lead in promoting the Philippines as the smart destination in the region. We commit to advancing industry development as we pursue the creation of industry excellence centers for enhanced local value and global value chains and engage with higher educational and vocational and technical training institutions to prepare the Filipino workforce for advanced manufacturing and frontier technologies. We will work on the amendment of the PEZA law to make our agency more responsive and agile to keep up with the demands of our valued ecozone investors. These proactive measures we will undertake, including the improvement of our public ecozones to be more resilient and smarter, while maintaining our agency’s minimum of one billion pesos in annual tax payments and dividends to the national coffers. In forging a promising future for PEZA and the ecozone industry, we will continue to be agents of change and push for continual improvement with our delivery of services and the creation of ecozones in rural and new growth areas. Foremost in our strategic plan is to anchor the ecozone program on inclusive growth, innovation, and sustainability. We will strengthen our strategic alliances with public and private sectors to amplify ease of doing business and adherence to sustainable development goals across all ecozones nationwide and their linkages with the host LGUs and communities. Having spent 25 years in PEZA, I can only thank my fellow PEZAns first for being steadfast in performing their duties. Second, much credit should go to the Industry Leaders who have always been committed to the success of PEZA. My appointment into Office is a testament to the excellence that the civil service and its members uphold as stalwarts and front liners in achieving national progress for our Nation. In all these, I owe PEZA my career advancement and to the ecozone industry for our huge contributions to the country’s local and national development all these years. As we look to the future, we envision PEZA to be the nation’s primary catalyst for sound and balanced development by promoting viable and sustainable economic zones and by bringing in targeted investments to generate jobs, exports, and economic opportunities, especially in the countryside. The post Bright future for PEZA and ecozone industry appeared first on Daily Tribune......»»
BAP welcomes appointment of new BSP chief
The Bankers Association of the Philippines (BAP) on Friday welcomed Eli Remolona’s appointment as the new governor of the Bangko Sentral ng Pilipinas (BSP). "With his extensive global experience and expertise in financial markets and regulations, we are confident that Dr. Remolona will anchor the Philippine banking industry not only towards continuous stability of the financial system but also to growth and competitiveness in the regional stage," Jose Teodoro K. Limcaoco, president of BAP, said in a statement. "The BAP looks forward to working with incoming Governor Remolona on various initiatives impacting the banking industry and its stakeholders, whether it be in the areas of financial market development, cybersecurity, or sustainability,” Limcaoco added. Dr. Remolona brings with him a wealth of experience in the financial industry in his new role in the BSP, with 14 years in the Federal Reserve Bank of New York and 19 years in the Bank for International Settlements. The BAP, likewise, salutes Felipe Medalla for his steadfast leadership of the financial industry and for laying the foundations to help our countrymen navigate and address their financial needs during this time of global challenges and uncertainties. "Dr. Medalla ascended in his role as BSP governor in a period wherein the economy is facing various macroeconomic headwinds. We applaud Dr. Medalla for steering monetary policy towards achieving the twin goals of promoting economic growth and price stability,” Limcaoco said. “Dr. Medalla is notably a pillar of a strong and resilient Philippine banking system not only for his term as BSP governor but also for his 12 years of service in the Monetary Board. The BAP wishes him the very best in his future endeavors,” Limcaoco added. The post BAP welcomes appointment of new BSP chief appeared first on Daily Tribune......»»
Remolona new BSP head
President Ferdinand Marcos Jr. has appointed Eli Remolona as the new Governor of the Bangko Sentral ng Pilipinas, Malacañang announced on Friday. The Palace made the announcement through the Presidential Communications Office as the six-year term of a BSP Governor, currently held by Governor Felipe Medalla, will end in July. Marcos made has made the decision to appoint a new Governor to succeed Governor Medalla after extensive consultations with the Department of Finance, various government offices, private banks, and financial institutions, PCO added. "As the newly appointed governor, Mr. Remolona is expected to leverage his extensive knowledge and experience to guide the BSP in promoting financial stability, implementing effective monetary policies, and fostering a robust banking sector," PCO said. "His appointment ushers in a new era for the central bank, with great anticipation and confidence in his ability to steer the Philippine economy toward sustained growth and stability," PCO added. Mr. Remolona's impressive career includes a notable tenure of 14 years at the Federal Reserve Bank of New York, followed by 19 years at the Bank for International Settlements. During his time at the BIS, he served as the regional head for Asia and the Pacific, where he closely collaborated with the governors of 12 leading central banks in the region. His work focused on crucial issues such as financial stability, capital market development, and asset management for Asia-Pacific central banks. A distinguished academic, Remolona also served as a Professor of Finance and Director of Central Banking at the Asia School of Business in Kuala Lumpur, in collaboration with the MIT Sloan School of Management from 2019 to 2022. He taught courses on monetary policy, money, and capital markets, and digital transformation, contributing to the education and development of future finance professionals. Remolona's expertise extends beyond academia, as he held various positions of high importance in the financial industry. Notably, he served as the Chief Representative for Asia and the Pacific at the BIS, where he led a team of 35 professionals, managed a significant budget, and oversaw policy-oriented research and financial services provided to central banks and governments in the region. Remolona has published over 5,500 citations in leading journals in economics and finance. His contributions to the field of finance are further highlighted by his role as an Associate Editor for Finance of the International Journal of Central Banking from 2005 to 2022. His journey in economics began in 1972 when he served as an economist at the Presidential Economic Staff and Development Management Staff, under Alejandro Melchor, then Executive Secretary of President Ferdinand E. Marcos. He also joined a high-level economic mission to the Philippines, advising President Ferdinand E. Marcos on structural reforms. Throughout his career, he has also worked as a consultant for esteemed institutions such as the Asian Development Bank, the International Monetary Fund, and the World Bank. Before his appointment as Governor of the BSP, Remolona served as a Member of the Monetary Board of the BSP since August 2022. The post Remolona new BSP head appeared first on Daily Tribune......»»
Herbosa pushes healthcare reforms
Dr. Teodoro “Ted” Herbosa took his oath on Tuesday as secretary of the Department of Health, a position that had been vacant since June last year. He was sworn into office by President Ferdinand Marcos Jr. at Malacañang. Herbosa pledged to fully implement the Universal Health Care Law, or UHCL, by sustaining its gains, strengthening health sector strategy interventions and introducing healthcare reforms. The UHCL, or Republic Act 11223, was enacted in 2019 to provide universal health coverage for all Filipinos, regardless of their income or employment status. “The DoH family welcomes this development, as this is crucial to the department’s operations. With this transition, the DoH ensures that healthcare services will remain unhampered,” the agency said. Marcos named Herbosa Health secretary Monday night, putting him at the helm of the department vice Health officer-in-charge Maria Rosario Vergeire, who had led the agency since July of last year. Vergeire assured the public that DoH will provide “all-out support” and a smooth transition for Herbosa. “Secretary Ted can be assured of our sincere support from the whole DoH family,” she said. Before his appointment, Herbosa served as an undersecretary at the DoH from 2010 to 2015, contributing to various initiatives such as the establishment of the Hospital Accreditation Commission, modernizing the Philippine Orthopedics Center, and promoting public-private partnerships in health. He is also a former undersecretary and concurrent regional director at the DoH-National Capital Regional Office. From October 2017 to April 2021, Herbosa served as executive vice president of the University of the Philippines System, contributing to its development and growth. He has held various key positions, including chief of the Division of Trauma at the Department of Surgery, Philippine General Hospital; chairman of the board of Physicians for Peace Philippines, and third vice president of the UP Alumni Association. He has likewise served as a professor in the Emergency Department at Hospital Universiti Kebangsaan in Kuala Lumpur, Malaysia, and at the National University of Malaysia. Herbosa has been involved in numerous international roles and collaborations, including serving on the board of directors of the World Association for Disaster and Emergency Medicine. He is a former medical consultant and adviser for the Australasian Registry of Emergency Medical Technicians in Melbourne, Australia, and Regional Education Coordinator for the HOPE (Hospital Preparedness and Emergencies) Program at Johns Hopkins University Center for International Emergencies, Disasters and Refugee Studies in Maryland, USA. Amid the challenges posed by the Covid-19 pandemic, Herbosa served as a Special Adviser to the National Task Force Against Covid-19, offering guidance and contributing to the formulation of strategies to mitigate the impact of the virus. He also served as an international consultant in several countries, including Palau, Maldives, Malaysia, Pakistan, India, Bangladesh, Nepal, Vietnam, Tunisia and Thailand, making notable contributions to emergency medicine and trauma care. Dr. Herbosa’s involvement in the development of the STOP DEATH Program and his membership in the Safe Surgery Saves Lives Global Task Force, which developed the WHO safe surgery checklist, demonstrated his dedication to improving healthcare systems. ‘Interestingly, Gibo is a trained pilot. And he knows that our defense requirements are evolving from mainly insurgency-based to more territorial protection — and that requires air superiority in our own airspace.’ Herbosa also held a prominent position as a professor at the College of Medicine at the University of the Philippines Manila. Aside from Herbosa, Marcos named Gilberto “Gibo” Teodoro Jr. as secretary of the Department of National Defense. Meanwhile, senators expressed their support for the appointments of Teodoro and Herbosa as Defense and Health chiefs, respectively. “Secretary Teodoro is a tried and tested public servant and we trust that he will head the Department of Defense most capably, particularly amid this atmosphere of brewing tensions in our waters,” Senate President Juan Miguel Zubiri said in a statement. “And we are happy to see the Department of Health helmed by an experienced public health expert. Secretary Herbosa’s appointment comes at an opportune time, with our Regional Specialty Centers Act having just gotten bicameral approval, and we are hopeful that he will spearhead a truly whole-of-nation approach in the improvement of our public health services,” he added. He said with the appointments of Teodoro and Herbosa, the President has “just addressed the two most pressing challenges of our time — territorial integrity and our full recovery from the pandemic.” “Their appointments should give a big boost to our fight to have a secure and stronger nation supported by a healthy population,” he said. Likewise, Senator Grace Poe welcomed the appointments of the new department heads. “We trust that their expertise and experience in their respective fields will help them carry out the gargantuan tasks that lie ahead,” she said in a separate statement. Poe said the new secretaries are “crucial in deciding and implementing strategies in addressing the various health issues we are facing and in upholding the country’s territorial integrity against various threats.” “Focus and commitment on the job coupled with straight and true service will fortify our health and defense sectors and deliver the services our people deserve,” she added. Senator JV Ejercito urged Teodoro to ensure the successful modernization of the Armed Forces of the Philippines. “We need to expedite these efforts to put up a robust defense posture and reinforce our coastal defenses amid the growing tensions in the West Philippine Sea and South China Sea,” he said. Meanwhile, former Health secretary, now Iloilo Rep. Janette Garin, wished Herbosa all the luck and the perseverance to deliver accessible healthcare to Filipinos. According to Garin, the DoH needs a manager who can oversee the prompt delivery of services to the public. She added Herbosa also needs to tackle the so-called infodemics or the proliferation of fake medical news. Speaker Martin Romualdez and Albay Rep. Joey Salceda said the President made the right choices in Teodoro and Herbosa. “Interestingly, Gibo is a trained pilot. And he knows that our defense requirements are evolving from mainly insurgency-based to more territorial protection — and that requires air superiority in our own airspace,” said Salceda. The post Herbosa pushes healthcare reforms appeared first on Daily Tribune......»»
DFNN taps execs for key functions
Listed information technology services firm DFNN Inc. has positioned additional gaming-related and additional technology experts to help maintain the company’s “strong foothold in the industry.” Following a regular board meeting last 2 June, DFNN approved the lateral movement in designation and appointment of current president and CEO Calvin Lim as executive operating director. New president Ricardo F. Banaag — former country manager of Intel Corporation and DFNN’s current chief operating officer — was named the new president as well as CEO and director of the company. Meanwhile, Donald Limcaco is now DFNN’s chief information officer. He will serve as chief operating officer of several DFNN operating subsidiaries. Jacob Edel, on the other hand, was designated as vice president for Marketing. Strengthened management team Before these appointments, the Board appointed DFNN’s chief revenue officer Mark Allan E. de Ungria, and chief technology officer Francis Formalejo, effectively strengthening its management team. In 2022, the DFNN Group more than doubled its net income, which ballooned by 117 percent to P73.9 million as total sales went up by 69 percent to P905.8 million. The stellar growth was attributed to improved maintenance and sale of software solutions amid digitalization. The post DFNN taps execs for key functions appeared first on Daily Tribune......»»
FWD Life mints 2 directors
FWD Philippines announced the appointments of Lito Tayag and Henry Joseph M. Herrera as the newest independent members of its Board of Directors. Their addition follows the recent appointment of Jumbing de Rosas as president and CEO. De Rosas said: “We’re excited to have both Lito and Henry on our board. Their expertise in sustainable growth and digital transformation will help FWD Philippines in addressing the country’s protection gap, increasing financial inclusivity, and strengthening our contribution in nation-building.” As independent directors, both Lito and Henry will oversee FWD Life Philippines toward its growth strategies for local business operations. They will be instrumental in advancing corporate credibility and raising governance standards with their objective and balanced perspectives. A graduate of Management Engineering from Ateneo De Manila University, Tayag brings with him extensive technology and operations management experience having served as the country managing director for Accenture Philippines for more than 12 years, with the geographic responsibility for the growth and sustainability of Accenture’s business in the Philippines. He concurrently served as trustee of the Information Technology and Business Process Association of the Philippines from 2011 to 2021 and served as its chairman from 2017 to 2021. Tayag is active in the education sector as a trustee in several educational institutions since 2005. He is also active in the development sector as the vice chair of the board of the Philippine Business for Social Progress. He is currently a member on the board of trustees of the Philippine Business for Education and the Makati Business Club. Herrera graduated from the University of the Philippines Diliman with Master of Business Administration in 1986 and B.S. Statistics cum laude in 1980. He has also attended various short courses at the Asian Institute of Management, Wharton Graduate School of Business and Harvard School of Business. Herrera’s career in the life insurance spanned decades, starting from 1980 in the Insular Life Assurance Corp., Lincoln Philippine Life Insurance Co. Inc., United Coconut Planters Life Assurance Corp., Knights of Columbus Fraternal Association of the Philippines Inc., Philippine Asia Life Assurance Corp., before finally joining Sun Life Financial. The post FWD Life mints 2 directors appeared first on Daily Tribune......»»
Tereso Panga: PEZA’s homegrown leader
By combining his excellent communication skills, commitment to serving his country, and his long experience as a government executive, Tereso O. Panga, director-general of the Philippine Economic Zone Authority, has distinguished himself as a public servant. His recent appointment to this top post in an agency that has contributed significantly to the coffers of the national government affirms the confidence of the current national leadership in his excellent record, high acceptance of his fellow workers in the bureaucracy, and, most importantly, his credibility in the trade and industry sector, the number one partner of PEZA in pushing development forward. Tereso joined the Philippine government armed with an educational background that has proved vital toward his understanding of human nature, whether he is dealing with executives of multinational companies that are locators in economic zones or their workers. At the University of the Philippines, he first graduated with a BA in Comparative Literature and then obtained his master’s degree in Industrial Relations. “Since my father was a judge, I wanted to take up Law. I was told that the best prelaw course was AB English since one needed to be both articulate and proficient in writing. I eventually majored in Comparative Literature.” Among his professors were the legendary masters of language like National Artists Franz Arcellana and Jimmy Abad, Thelma Kintanar and Nieves Epistola. He found UP both challenging and rewarding. He adapted to the rigors of academic life, he said, “owing to my strong educational foundation first at the Naga Parochial School, and then Ateneo de Naga.” Strong-willed in a quiet way The Pangas, he said, “are original families of Bicol, particularly Camarines Sur in Iriga town, where the superstar Nora Aunor grew up. He admitted to singing a little, but not with the same intensity as that of his golden-voiced townsman. Coming from Pili town, he swore by Pili being a favorite of his. The basic trait that stood him in good stead “in UP and in future challenges,” he said, “is my being a Bicolano. Born and raised in Bicol, I am strong-willed, resilient, and yet determined. But in a quiet way.” Asked if it also meant being feared, he said, “Well, just spicy, which can be fierce, but wonderful like laing (taro leaves stewed in coconut oil and garnished with red hot chili).” The fourth among eight children of a judge, six of whom graduated from the University of the Philippines, he recalled being a “playful child, but at a young age, I was already into music. I loved playing the guitar and keyboards, but it was all by ear or ‘oido.’” To balance his artistic inclination, he also engaged in sports — chess and table tennis. Not much of a student politician, he nevertheless became president of one organization. His twin brother and another brother were officers of the student government, “so it would not look good if I became an officer too.” In UP, he joined the Upsilon Sigma Phi in 1986. He also became active in UP Ibalon, an organization of Bicolanos, and the Psychology Society of UP. When it came to campus politics, he supported the Tugon party. While he earned good grades, despite giving more than ample time to his extracurricular activities, he felt he could have done better. “By any standards, I don’t think I did well as a student because I extended my stay for another year.” “My Waterloo was Math,” he confided. “I had no need for Math in my BA English course but I was hoping to shift to Economics. The hardest subject for me was Math 17.” A good writer While he was exposed to creative writing, he learned more about how to do business letters. “Of course, I wrote my thesis,” he emphasized. Fast forward to the future, he joined an Aboitiz- sponsored pilot class at the Development Academy of the Philippines that was attended by undersecretaries and assistant secretaries where he was the most junior. To his credit, his capstone paper on aquamarine and renewable energy, a pioneering venture in ecozone development, was declared the best. It was an achievement that he attributed to his exposure to composition writing at UP. Not much of a student politician, he nevertheless became president of one organization. Later, he would make his own reports and speeches, while reaching out to the various publics of PEZA through Facebook and online media. To recall, he had begun his professional life in the office of then-Congressman Aping Yap of Tarlac. “I stayed for seven years and then moved to the office of his son, Victor, who was then Vice Mayor. We organized and managed social development projects benefitting families of former Hukbalahap commanders and foot soldiers.” It was while inspecting his company’s construction project, a bowling center along Roxas Boulevard, that he came upon the headquarters of the Export Processing Zone Authority. “I had heard already of this government office and its hardworking Director General, Atty. Lilia de Lima. She was the first DG. I walked in and I applied. They called me to take the exams and go through an interview.” In less than a month, he joined PEZA in 1998. Walking the talk He has been with PEZA for 25 years. While he describes his PEZA career as “going up through the ranks,” his rise had been quite swift. He started as a planning officer 3 and went on to become Assistant Division Chief for policy and planning. By then, he had earned units leading to his master’s degree at the University of the Philippines. In time, he passed the qualifications for the Career Executive Service office, one of the youngest of his rank, and soon went up to positions requiring more responsibilities. At age 30, became the zone manager for the Batangas Economic Zone. Next, he became Zone Administrator in Baguio where he stayed for four years. He was 34 years old. “It was the time when Texas Instruments was expanding. Our office facilitated the Big Ticket Project in Clark.” His next assignment was in Cavite where he occupied the concurrent positions of Zone Manager and Administrator. He was 38 and his post required dealing with 350 locator companies. It was not surprising that the Civil Service Commission included him as a finalist in its search for outstanding Civil Service Executives. He ranked second. Soon, he returned to the Manila office, this time as Deputy Director General of Policy and Planning in 2010. It was a post that would prepare him for the highest position in the agency. At first, he served in an OIC capacity until March this year, when he was appointed as Director General by President Ferdinand R. Marcos. Panga had the support of captains of industry, among them the Philippine Chamber of Commerce and Industry bigwigs Sergio Luis Ortiz and George Barcelon, who expressed their belief in his leadership based on his accomplishments. It has indeed been a long way for the young man from Bicol who has preferred to be “low-key” and not one to make a spectacle of his career success. It is an attitude that, he said, “I inherited from my parents, who were both public servants.” His father was a provincial judge and his mother was a public school teacher. “My mother was particular about the discipline of her children.” In keeping with his unassuming attitude, his management style is anchored on “keeping it simple by walking the talk.” I would say it is more of a transformational leadership. Because I can walk the talk I don’t need to direct people. “So, when you want to achieve something, you lead by setting an example. The direction is also clear so there are no misunderstandings or misinterpretation of the goals and objectives of the agency.” “Let’s not get distracted. Let’s just focus on doing our work,” he once told the top officials of PEZA. “Even when I was the OIC, I was presiding over a board meeting composed of 10 full-fledged Undersecretaries. Thankfully, as an insider, and being home-grown, I know how to navigate. My edge is I did not need to have a learning curve.” As part of his job, he has been traveling to promote international investments in the country. “We are always on a trade mission, showing the rest of the world what we can offer. Many of those President Marcos talked to have signed up as locators.” Through it all, he has kept the lines between work and family life. He found a lifetime partner in a lady I met because we were both working in the same building on Quezon Avenue. Happily married He was 26 years old when he married his wife, Edna, a 23-year-old Bulakena who belongs to the politically prominent Pagtalunan family of Guiguinto town. At that time, she was working in an export company. “It was love at first sight,” he recalled. “I was the only suitor not afraid of her father who was a barangay captain. I’d bring a fighting cock for him when I was courting his daughter, even if I was not an enthusiast.” “As I got to know her better, I became more enamored because she was sweet and she knew how to cook. And to this day, she does soups very well, which I love.” All said by a man who has found fulfillment at home and in the office. He is special and has found his mission in life and for his country, which can be said of Panga. And this country, in turn, is fortunate to have such a man serving in an agency that contributes billions to the government coffers. Officials of such caliber, enthusiasm, zeal, and upright moral bearing make this country a better place to live in and a magnet for international investors. The post Tereso Panga: PEZA’s homegrown leader appeared first on Daily Tribune......»»