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  • Secretary, Department of Finance, 1994-1997 where he was credited as:

-One of the main architects behind the Philippine’s Economic turns.

-Responsible for formulating financial and economic policies that enabled the country’s economy in achieving a double-digit growth.

-Behind the drafting of the Comprehensive Tax Reform Package (CTRP).

  • Chairman, Coordinating Council for the Philippine Assistance Program (CCPAP), 1992-present
  • He was Chairman and Chief Executive (1989-1994), Vice Chairman and Chief Operating Officer (1988-1989), Senior Vice President (Branch Banking Group, 1987-1988) and Executive Officer (1987) of the Development Bank of the Philippines where in 1993 he was credited for opening up of the international capital market to Philippine corporate issuers by issuing the bank’s own Eurobonds.
  • He was Senior Loan Officer (1985-1987) and Loan Officer (1987-1985) of the World Bank/IBRD, Washington, D.C.
  • He was Acting Administrator (1977-1978), Deputy Administrator (1971-1977) of the National Electrification Administration.
  • He held various positions in many Private and Government offices as well as positions in Professional and Civic Organizations.



  • First Filipino Awarded the World’s Best Finance Minister
  • First Filipino to be awarded Best Finance Minister:

-Euromoney’s Best Finance Minister in the World, 1995

-Euromoney’s Best Finance Minister in Asia, 1996

-Asiamoney’s Best Finance Minister, 1997

  • Gintong Ama Awardee, 1997
  • Ten Outstanding Young Men of the Philippines Awardee, 1975
  • The First Man of the Year Awardee by ADFIAP

Awarded the Sultan a Mangompia sa Ranao for supporting the socio-economic growth of the Muslim area


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Christian Action for Peaceful and Meaningful Elections
Loyola School of Theology, Ateneo de Manila University, Quezon City
Tel. No. 924-4951 local 3588, Fax No. 924-4442

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