Aquino named SEC chairman

Incumbent Securities and Exchange Commission (SEC) commissioner Emilio Aquino has been appointed the new chairman of the corporate regulator.

Aquino, who has served the commission since 1993, takes the post of former chairman Teresita Herbosa whose seven-year term ended in March this year.

Aquino previously served as head of the SEC’s Davao and Zamboanga extension offices and later became director of the prosecution and enforcement, non-traditional securities and instruments, and the compliance and enforcement departments.

He was named SEC commissioner in December 2016, replacing Manuel Huberto Gaite.

“We warmly cheer the appointment of Chairman Aquino whom we feel will lead the SEC into a new chapter of change,” the commission said in a statement.

“As an SEC homegrown talent, he has palpable feel of the needs of the commission in furthering its aim to develop and regulate the corporate and capital market toward good corporate governance, protection of investors, widest participation of ownership and democratization of wealth,” it added.

Aquino graduated magna cum laude from the Universidad de Zamboanga with a degree in accounting.
He finished his law studies at the San Beda College of Law and was among the topnotchers in the 1992 bar exams.

Under a government scholarship, he earned his Master’s Degree in Public Management at the Development Academy of the Philippines.

He completed the Management Development Program of the Asian Institute of Management and was also sent to the University of Sydney where he was conferred a Certificate of Study on Effective Governance.

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