News

Finance Secretary Ralph G. Recto presided over the second board meeting of the Maharlika Investment Corporation (MIC) in his capacity as new Chairperson to discuss its strategic direction. Present during the second board meeting were MIC Vice Chairman/President and Chief Executive Officer (PCEO) Rafael Jose D. Consing, Jr.; MIC Directors Vicky Castillo L. Tan, German Q. Lichauco II, Andrew Jerome T. Gan, and Roman Felipe Reyes; Land Bank of the Philippines PCEO Lynette V. Ortiz; and Development Bank of the Philippines PCEO Michael O. de Jesus. The MIC’s Advisory Body was also present, represented by Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman and Officer-in-Charge (Bureau of the Treasury) National Treasurer Sharon P. Almanza.