ABS-CBN
Diokno turns over Finance chief post to Recto
Benjamin Diokno officially turned over the Department of Finance leadership to his successor, Ralph Recto, on Monday.
Diokno expressed confidence in Recto, stating he is familiar with the demands of the Finance Secretary role.
Recto praised Diokno's service and expressed his honor in following his footsteps.
Recto also conveyed reassurance from the competent team within the Department of Finance and its attached agencies.
Diokno will be returning to the Bangko Sentral ng Pilipinas' Monetary Board.
He previously served as BSP Governor from 2019 to 2022 and already sits on the Monetary Board as a Cabinet representative.
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House Deputy Speaker Ralph Recto has been appointed as the new Secretary of the Department of Finance (DOF), replacing Benjamin Diokno.
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House Deputy Speaker Ralph Recto has been appointed as the new Secretary of the Department of Finance.
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Finance Secretary Ralph G. Recto has decided to maintain the current positions of most Department of Finance (DOF) officials as he takes the helm.
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Former Finance Secretary Benjamin Diokno has taken his oath as a member of the Bangko Sentral ng Pilipinas (BSP) Monetary Board.
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President Ferdinand "Bongbong" Marcos Jr. disclosed that former Finance Secretary Benjamin Diokno declined an offer to manage the Maharlika Investment Fund (MIF).
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