Rather than insulate Maharlika from politics, the revised IRR made Maharlika much more susceptible to politics. The President now has greater control over who gets appointed to key positions. Consing has been appointed as the first president and CEO of the Maharlika Investment Corporation, which will manage Marcos's pet Maharlika Investment Fund.
Consing has a background in finance and has previously worked with ICTSI, HSBC, and Bankers Trust Company.
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