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Last Bequest or Last Headache?

Indicative List of 'Midnight' Appointments by ex-President Arroyo, Feb. 19 to May 5, 2010


Office of the President, Government-Owned and -Controlled Corporations
Source: Former Senior Government Officials
Department of Finance
Position Incumbent Date of Appointment Term Remarks
Power Sector Assets and Liabilities Management Corporation (PSALM Corp)
President/CEO Ma. Luz L. Caminero 25-Mar-10 Designated in “acting capacity” on 25 March 2010

Philippine Deposit Insurance Corporation (PDIC)


Member Jovencito R. Zuno 8-Mar-10 6 year term Assumed office on 20 April 2010; appointed for a
term of 6 years
Development Bank of the Philippines (DBP)
Chairman Patricia A. Sto. Tomas 9-Mar-10 1-year term
Vice Chairman / DBP President Ex officio
President
Members (9) Dr. Franklin Churchill Del Monte Velarde, 9-Mar-10 1-year term Appointed 24 August 2007; reappointed 09 March
MD 2010 for a term of 1 year
Ester Alano Laconico-Feria 8-Mar-10 1-year term Assumed on 7 April 2010
Arnold Duay 9-Mar-10 1-year term
Ramon R. Durano IV 9-Mar-10 1-year term
Miguel L. Romero 9-Mar-10 1-year term
Floro F. Oliveros 9-Mar-10 1-year term
Alexander R. Magno 9-Mar-10 1-year term
Patricia A. Sto. Tomas 9-Mar-10 1-year term
Reynaldo G. David 9-Mar-10 1-year term Appointed “Acting” on 23 August 2004;
Appointment “regularized” on 09 March 2010 for
a term of 1 year; Mr. Rey David was also
appointed on 05 March 2010 as Special Trade
Representative with the rank of Special Envoy

President/CEO Reynaldo G. David Elected by the Board on 22 September 2004 with


the consent of the President
Philippine Export-Import Credit Agency (TIDCORP)
Member Jose F. Santos 9-Mar-10 6-year term PGMA nominee 09 March 2010
President/CEO Fransisco S. Magsajo, Jr. 1-Mar-10 PGMA appointed 01 March 2010 for a term of 6
years
GSIS Family Bank (COMSAVINGS Bank)
Chairman Benedicto Jose R. Arcinas 29-Apr-10 Elected by the Board from among themselves
Vice Chairman Atty. Emmanuel M. Dalman 29-Apr-10 Elected by the Board from among themselves
Members (7) Lorenzo Sixto T. Lichauco 29-Apr-10 1-year term Elected by the stockholders for a term of 1 yr
Jesus I. Santos 29-Apr-10 1-year term Elected by the stockholders for a term of 1 yr
Esperanza A. Ocampo 29-Apr-10 1-year term Elected by the stockholders for a term of 1 yr
Atty. Eduardo D. delos Angeles 29-Apr-10 1-year term Elected by the stockholders for a term of 1 yr
Atty. Mahalia Linda H. Operario 29-Apr-10 1-year term Elected by the stockholders for a term of 1 yr
Benedicto Jose R. Arcinas 29-Apr-10 1-year term Elected by the stockholders for a term of 1 yr
Atty. Emmanuel M. Dalman 29-Apr-10 1-year term Elected by the stockholders for a term of 1 yr
President Atty. Emmanuel M. Dalman 29-Apr-10 Elected by the Board from among themselves
Land Bank of the Philippines (LBP)
Members George J. Regalado 5-Mar-10 1-year term
Cyril C. del Callar 5-Mar-10 1-year term
Land Bank Realty Development Corporation
Chairman LBP Chairman 13-May-10
Members (11) Gilda E. Pico 13-May-10 Elected by the stockholders for a 1 year term
Tomas T. de Leon, Jr. 13-May-10 Elected by the stockholders for a 1 year term
Alfonso V. Soriano 13-May-10 Elected by the stockholders for a 1 year term
Rodolfo S. Feraren 13-May-10 Elected by the stockholders for a 1 year term
Dr. Romeo B. Taruc, MD 13-May-10 Elected by the stockholders for a 1 year term
Carlos T. Castro 13-May-10 Elected by the stockholders for a 1 year term
Atty. Manuel C. Piczon 13-May-10 Elected by the stockholders for a 1 year term
Romeo C. Castro 13-May-10 Elected by the stockholders for a 1 year term
George J. Regalado 13-May-10 Elected by the stockholders for a 1 year term
Jorge L. Banal, Sr. 13-May-10 Elected by the stockholders for a 1 year term
Dante R. Tinga, Jr. 13-May-10 Elected by the stockholders for a 1 year term
President & Carlos T. Castro 13-May-10
General Manager

Position Incumbent Date of Appointment Term Remarks


People’s Credit & Finance Corporation (PCFC)
Chairman Gilda E. Pico 28-Apr-10 1-year term Elected by the board
Vice Chairman PCFC President Ex officio 1-year term
Members Eustacio B. Orobia, Jr. 28-Apr-10 1-year term Elected by the stockholders
Jesus F. Diaz 28-Apr-10 1-year term Elected by the stockholders
Domingo F. Panganiban 28-Apr-10 1-year term Elected by the stockholders
Joselito Almario 28-Apr-10 1-year term Elected by the stockholders
Dr. Cecilia del Castillo 28-Apr-10 1-year term Elected by the stockholders
Dr. Abner A. Magboo 28-Apr-10 1-year term Elected by the stockholders
VACANT 28-Apr-10 1-year term Elected by the stockholders
Roberto R. Reyes 28-Apr-10 1-year term Elected by the stockholders
Ronald T. Chua 28-Apr-10 1-year term Elected by the stockholders
President Edgar V. Generoso 28-Apr-10 1-year term Elected by the board
Social Security System (SSS)
Chairman Thelmo Y. Cunanan PGMA designated 05 March 2010
Members DOLE Secretary Ex officio
SSS President/CEO Ex officio
Sergio R. Ortiz-Luis, Jr. 5-Mar-10 3-year term Appointed “Acting” on 18 July 2010; appointment
“regularized” on 05 March 2010 for a term
expiring on 18 July 2011
Fe T. Palileo 5-Mar-10 3-year term Appointed “Acting” on 19 August 2004;
Appointment “regularized” on 05 March 2010 for
a term expiring on 10 August 2010
Donald Gochico Dee 5-Mar-10 3-year term Appointed “Acting” on 24 August 2004;
Appointment “regularized” on 05 March 2010 for
a term expiring on 20 October 2012
Victorino F. Balais 5-Mar-10 3-year term Appointed “Acting” on 01 August 2004;
Appointment “regularized” on 05 March 2010 for
a term expiring on 26 November 2012
Marianita O. Mendoza 5-Mar-10 3-year term Appointed “Acting” on 10 April 2008;
Appointment “regularized” on 05 March 2010 for
a term expiring on 10 August 2010
Jose Sonny G. Matula 5-Mar-10 3-year term Appointed “Acting” on 21 September 2006;
Appointment “regularized” on 05 March 2010 for
a term expiring on 15 August 2010
Thelmo Y. Cunanan 5-Mar-10 3-year term Appointed “Acting” on 25 January 2006;
Appointment “regularized” on 05 March 2010 for
a term expiring on 01 August 2010
President/CEO Romulo L. Neri Co-terminus 3-year term Assumed office on 01 August 2008

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