' BBM powerhouse team shaping up ' Diokno (DOF), Medalla (BSP), Pascual (DTI), Bonoan (DPWH), Lagdameo (SAP) Read more👇
President-elect Ferdinand Marcos Jr. came one step closer Thursday to completing his economic team, designating Bangko Sentral ng Pilipinas Governor Benjamin Diokno as his secretary of Finance and naming Felipe Medalla as Diokno’s replacement at the central bank.Marcos also tapped former University of the Philippines president Alfredo Pascual as his Trade and Industry secretary and Manuel Bonoan to head the Department of Public Works and Highways .
Before his appointment to the BSP under the Duterte administration, Diokno had served his second term as secretary of the Department of Budget and Management . Pascual is the head of the Management Association of the Philippines while Bonoan is the president and chief executive officer of SMC Tollways.Earlier, Marcos named Arsenio Balisacan to head the National Economic and Development Authority , a post he also held under the Aquino administration.
Marcos said he always asks potential appointees the question, “Where do you feel the most useful?” before deciding where to place them in his incoming administration.
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