Sabin Aboitiz named as Private Sector Advisory Council head

Photo credit: Aboitiz Equity Ventures

MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. has named Aboitiz Group CEO Sabin M. Aboitiz as head of the newly-created Private Sector Advisory Council (PSAC).

The council, which is composed of business leaders and experts, seeks to aid the government in achieving its economic objectives.

“The close partnership between the public and private sectors will continue to deepen with the establishment of PSAC under President Marcos,” Aboitiz was quoted as saying in a PSAC press release on Wednesday.

“We are optimistic that by working hand-in-hand with the government to develop the five priority areas, we will see a revitalized economy that all Filipinos will benefit from,” he added.

PSAC said Marcos requested Aboitiz to convene the PSAC, which the latter accepted.

The council had a meeting with Marcos in Malacañang on July 7.

According to Marcos, the discussion zoned in on scaling up our agricultural sector as well as cooperation between the private sector and the government to establish programs that will help farmers.

Designated sector leads of the PSAC include Aboitiz for Build, Build, Build and Tourism; Aileen Uygongco-Ongkauko for Agriculture; Joey Concepcion for Jabs to Jobs; Henry Aguda for Digital Infrastructure; and Paolo Borromeo for Healthcare.

PSAC said the sectoral groups will “regularly report to the President to provide feedback on what is happening on the ground and will make recommendations on modern policy development.”

/MUF