President Ferdinand "Bongbong" Marcos Jr. accepted the resignations of Executive Secretary Lucas Bersamin and Budget Secretary Amenah Pangandaman.
Their resignations were offered "out of delicadeza" amid an ongoing investigation into anomalous flood control projects.
Finance Secretary Ralph Recto has been appointed as the new Executive Secretary.
Federick Go will now head the Department of Finance, and Rolando Toledo is the officer-in-charge of the Department of Budget and Management.
Bersamin had been facing calls to resign following allegations linking his department to kickbacks from corruption-tainted flood control projects.
Vice President Sara Duterte stated that President Marcos Jr. is facing a "profound crisis of confidence" due to the flood-control scandal.
The DILG will also investigate alleged "seditious" calls for Marcos' ouster made at a recent rally.
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