Dominguez confirms SEC commissioner’s resignation

MANILA — Finance Secretary Carlos Dominguez III on Friday confirmed the resignation of Securities and Exchange Commission (SEC) Commissioner Blas James Viterbo for health reasons.

“Viterbo’s resignation is confirmed. Irregular heartbeat is (the) reason he gave,” he told journalists in a Viber message.

Reports quoting SEC Secretary Armand Pan as saying that Viberto tendered his resignation to President Rodrigo R. Duterte through Dominguez last February 1.

Pan said Viberto wanted to “prioritize his medical check-up.”

Effectivity of the Commissioner’s resignation depends upon the acceptance of the President, he said.

Viterbo was appointed to the SEC’s policy-making body for a seven-year term by former President Benigno Aquino III on May 20, 2014.

Prior to this, he was a member of the government-owned Development Bank of the Philippines’ (DBP) Board of Directors and the bank’s representative to the Maritime Industry Authority (MARINA) Board.

He was also a supervising senior at KPMG Philippines before becoming a legislative-technical staff lawyer of then Senator Manuel Roxas II and eventually the Senator’s chief of staff. (PNA)

Popular

PBBM: PH maintains defense ties with allies without inciting conflict

By Ruth Abbey Gita-Carlos | Philippine News Agency The Philippines will continue strengthening defense cooperation with its allies while ensuring that such engagements remain “purely...

DICT connects Mindanao to National Fiber Backbone

By Raymond Carl Dela Cruz | Philippine News Agency Improved connectivity is now available to hundreds of key government offices in Mindanao as part of...

PBBM: PH still ‘sponsor of peace’ amid goals of deepening ties with Russia

By Brian Campued President Ferdinand R. Marcos Jr. said the Philippines no longer subscribes to a “bipolar power arrangement around the world,” as the country...

PBBM: PH, Russia eye cooperation in nuclear energy, space tech, AI, and oil

By Ruth Abbey Gita-Carlos | Philippine News Agency The Philippines and Russia are considering expanding cooperation in emerging sectors, such as nuclear energy, space technology,...