Francis Lim sworn in as SEC chair

Francis Lim is a lawyer and former president of the Philippine Stock Exchange

MANILA, Philippines — Francis Lim has officially began his term as chair of the Securities and Exchange Commission (SEC) on Tuesday, June 10.

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The lawyer and former president of the Philippine Stock Exchange succeeds Emilio Aquino, who headed the commission for seven years.

“Our first order of business is urgent and clear: resolve all pending applications quickly and responsibly,” Lim said in his inaugural speech.

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For his part, Aquino welcomed Lim as “a good friend and a leader with a proven and outstanding track record.”

Lim is currently a senior partner at Accralaw. He served as PSE president from 2004 to 2010.