HOUSE Deputy Speaker Ralph Recto has been named Finance secretary by President Ferdinand Marcos Jr. and will take his oath of office today, January 12, his wife, actress and former Batangas congresswoman Vilma Santos-Recto, said Thursday. Santos-Recto made the revelation in an online interview with showbiz columnist Jun Lalin. A Malacañang source confirmed to The Manila Times Recto's appointment as Finance chief.
Recto is set to replace Benjamin Diokno, who was with the Marcos administration for nearly 19 months
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President Marcos Appoints Directors for Maharlika Investment CorporationPresident Ferdinand “Bongbong” Marcos Jr. has appointed four business executives as directors of the Maharlika Investment Corporation (MIC). The newly appointed directors are Vicky Castillo Tan, Andrew Jerome Gan, German Lichauco, and Roman Felipe Reyes. Tan has extensive experience in banks and financial institutions, having worked for Citibank, AIG PhilAm Bank Inc., and Chinatrust (Phils) Commercial Bank Corporation. She also served in various roles at the Asian Development Bank and held positions in SteelAsia Manufacturing Inc. and Maybank Inc.
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