Quantcast
Latest Stories

De Leon takes oath as new Treasurer



Finance Undersecretary Rosalia de Leon on Friday took her oath as the new National Treasurer, succeeding Roberto Tan, who is now an executive director with the World Bank Group.

She previously handled the Department of Finance’s International Finance Group (IFG), helping manage risks of the government’s debt and undertake liability management transactions covering the country’s external debt portfolio.

While at the IFG, De Leon oversaw the execution of several major transactions in the global capital markets, including the issuance of global bonds as well as the exchange of outstanding global bonds with new floats.

Even as she assumes office at the Bureau of Treasury—which takes on domestic funding exercises—De Leon helped in Friday’s global peso bond offer and the standing call for a buyback of dollar and euro bonds.

Assistant Secretary Ma. Edita Z. Tan, who has been with the IFG’s international finance operations since 1992, takes over the IFG as officer-in-charge.

Last November 1, De Leon’s predecessor Tan started a two-year term as one of 25 executive directors of World Bank.

Tan took over “EDS15” of Office of the Executive Director No. 15, which represents nine countries including the Philippines, Brazil, Colombia, Dominican Republic, Ecuador, Haiti, Panama, Suriname, and Trinidad & Tobago.

Tan was nominated for the position and elected by other members of the EDS15 countries during last month’s World Bank meeting in Japan.

World Bank executive directors are based in Washington, DC, and, in continuous session, conduct the general operations of the WB group.

The DOF has been regularly seconding key personnel to the WB’s board of directors.

Other finance officials that represented the country in EDS15 included Undersecretaries Jeremias Paul and Gil Beltran and Assistant Secretaries Soledad Cruz, Ma. Teresa Habitan, Tan (the IFG OIC) and, most recently, Ma. Lourdes Recente.—Ronnel W. Domingo

First posted 3:19 pm | Friday, November 9th, 2012


Follow Us


Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: Banking and Finance , Bureau of Treasury , Business , Government , national treasurer , Philippines , Rosalia de Leon

  • boybakal

    Magandang balita ito. Si De leon na pala ang treasurer.

  • joerizal

    Daming treasurer ng Pinas. Punta ka lang sa kanto at maraming nangongotong eh.

  • Cal_Reznick

    How much money does the PI have and will it go to the proper place to help improve the country? The Administration seems content in spending on travels abroad while wasting money on baseless cases against the former President.

  • generalproblem

    bakit puro intsik at puro tan pa. mukhang may dynasty din dito sa finance department natin

  • Albert Einstien

    nakaka-awa ang pilipinas at mga taxpayers….internatonal  finance is a MAFIA….nandito ang mga economic assassins….

    at lahat ng finance officials natin…..ay…….

  • joboni96

    ‘Roberto B. Tan, who is now an executive director in the World Bank Group’

    ngayon alam mo na
    kung saan ang loyalty nila

    don’t be surprised
    bakit baon tayo sa utang

    habang mga ibang pilipino
    nagpapasasa
    sa benepisyo at pribelihiyo



Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
Advertisement

News

  • Nebraska toddler gets stuck inside claw machine
  • Philippine eagle rescued by Army turned over to DENR
  • Gunmen attack Iraq military base, kill 10 soldiers
  • South Korea president shouted down by distraught parents
  • Classmates celebrating 60th birthday among missing in ferry sinking
  • Sports

  • Wawrinka waltzes through with Monte Carlo walkover
  • Power Pinays smash India in Asian Women’s Club volleyball opener
  • PH youth boxers off to stumbling start in AIBA World tilt
  • Durant has 42, Thunder beat Pistons 112-111
  • Walker leads Bobcats over Bulls in OT, 91-86
  • Lifestyle

  • Pro visual artists, lensmen to judge Pagcor’s photo contest
  • ‘Labahita a la bacalao’
  • This is not just a farm
  • Clams and garlic, softshell crab risotto–not your usual seafood fare for Holy Week
  • Moist, extra-tender blueberry muffins
  • Entertainment

  • Jones, Godard, Cronenberg in competition at Cannes
  • Will Arnett files for divorce from Amy Poehler
  • American rapper cuts own penis, jumps off building
  • Jay Z to bring Made in America music fest to LA
  • Why Lucky has not bought an engagement ring for Angel
  • Business

  • Total says makes ‘very promising’ oil find off Ivory Coast
  • ‘Chinese Twitter’ firm Weibo to go public in US
  • World stocks subdued, Nikkei flat on profit taking
  • Asia stocks fail to match Wall Street gains
  • Fired Yahoo exec gets $58M for 15 months of work
  • Technology

  • Netizens seethe over Aquino’s ‘sacrifice’ message
  • Filipinos #PrayForSouthKorea
  • Taylor Swift tries video blogging, crashes into fan’s bridal shower
  • DOF: Tagaytay, QC best at handling funds
  • Smart phone apps and sites perfect for the Holy Week
  • Opinion

  • Editorial cartoon, April 17, 2014
  • A humbler Church
  • Deepest darkness
  • ‘Agnihotra’ for Earth’s health
  • It’s the Holy Week, time to think of others
  • Global Nation

  • DFA: 2 Filipinos survive Korean ferry disaster
  • PH asks airline passengers to check for MERS
  • Syria most dangerous country for journalists, PH 3rd—watchdog
  • Japan says visa-free entry still a plan
  • First Fil-Am elected to Sierra Madre, Calif. city council
  • Marketplace