The MIC would elect a president and chief executive officer, two regular directors, and three independent directors
Finance Assistant Secretary Eufrocinio Bernabe Jr, in a business forum in Pasay City, announced that numerous applications were submitted after the government published the acceptance of applications for the MIC board of directors. “Some have submitted already and we have the papers, so I think once the deadline is reached, the process will move on,” Bernabe said.“Once that application has been received, we will shortlist all candidates and then the board of directors will elect from that side Chief Executive Officer and then form the plantilla for the positions of the Maharlika Investment Fund,” Bernabe added.
“The fund aims to attract the participation of local and foreign capital to make direct equity investments in the Philippines,” he said. Finance Secretary Benjamin Diokno earlier asserted that the MIC should be headed by a Filipino, on top of the other qualifications set by law.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MlaStandard - 🏆 20. / 55 Read more »