Margarito Teves

Margarito Teves is a Filipino politician.

Wikipedia

PROFESSIONAL EXPERIENCE
CURRENT POSITION
• Chairman, Think Tank Inc.
• Member, Board of Advisers, Metro Bank and Trust Company
• Member, Board of Directors, Landbank Countryside Development Foundation
• Independent Director, Alphaland Corporation
• Independent Director, Atok-Big Wedge Corporation

PREVIOUS POSITION

• Secretary, Department of Finance
• Governor for the Philippines, World Bank Group
• Governor for the Philippines, Asian Development Bank
• Alternate Governor for the Philippines, International Monetary Fund
• Governor for the Philippines, International Fund for Agricultural Development
• Chairman, Land Bank of the Philippines
• Chairman, Philippine Deposit Insurance Corporation
• Chairman, Trade & Investment Development Corporation of the Philippines
• Chairman, Home Guaranty Corporation
• Chairman, National Power Corporation
• Chairman, Power Sector Assets and Liabilities Management Corporation
• Chairman, National Transmission Corporation
• Chairman, NEDA-ICC Committee
• Chairman, Privatization Council
• Co-Chair, Capital Market Development Council
• Governor for the Philippines at World Bank and Asian Development Bank
• On behalf of the Philippines as member country of the WB or ADB, approves recommendations submitted by Bank Management on amendments to Articles of Agreement among member countries, policies involving Bank operations, changes in the authorized capital stock, distribution of the net income, among others.
• Represents the Philippines in the Annual Meeting of the WB or ADB to convey Philippine concerns of positions affecting Bank policies and operations
• Authorized representative to sign agreement with WB and ADB covering financial assistance to the Philippines either in loans or grants

• President and Chief Executive Officer, Land Bank of the Philippines
(September 1, 2000 – July 15, 2005)
• President, APRACA-CENTRAB
• Chairman, LBP Insurance Brokerage, Inc.
• Chairman, LBP Leasing Corporation
• Chairman, LBP Realty Development Corporation
• Chairman, Masaganang Sakahan, Inc.
• Chairman, LBP Financial Services SpA
• Chairman & President, LBP Remittance Co. USA
• Chairman, Management Committee, National Livelihood Support Fund (NLSF)
• Chairman, People’s Credit and Finance Corporation (PCFC)
• Chairman, Philippine Crop Insurance Corporation (PCIC)
• Chairman and Chief Executive Officer, Think Tank, Inc.
• Chairman & Member, Asia Pacific Rural and Agricultural Credit Association (APRACA)
• Council Member, National Food Authority.
• Council Member, Food Terminal, Inc.
• Member, Board of Directors, Manila Electric Company
• Member, Board of Directors, PhilEquity Fund Inc.
• Member, Asean Finance Corporation
• Member, Bankers Association of the Philippine
• Member, Board of Directors, Bankers Association of the Philippines
• Member, Board of Directors, Great Pacific Life Assurance Corporation
• Member, Board of Directors, Lifetime Plans Inc.
• Member, Board of Directors, Asean Finance Corporation
• Member, Board of Directors, Ayala Foundation Inc.
• Member, Board of Directors, Solid Bank Corporation
• Member, Board of Governors, Philippine Stock Exchange Inc.
• Member, Board of Directors, Philippine Economic Society
• Member, Board of Directors, Alsons Cement Corporation
• Member, Eminent Persons Group, Export Development Council
• Member, Board of Directors, Center for Legislative Development Inc.
• Coordinator for the Council of Senior Advisers (CSA) and the private sector (ECC)
• Commissioner, Preparatory Commission on Constitutional Reforms (PCCR)
• Delegate, 1971-72, Constitutional Convention
• Private Sector Representative, Economic Coordinating Council (ECC)
• Representative, 3rd District, Negros Oriental (3 terms), July 1987- June 1998, Philippine House of Representatives
• Resident Manager, Tolong Sugar Milling Co., Inc.
• Executive Director, Filipinas (Ayala) Foundation

MEMBERSHIP IN CONGRESSIONAL COMMITTEES (1987 – 1998)

• Chairman, Committee on Rural Development
• Chairman, Committee on Economic Affairs
• Senior Vice-Chairman, Committee on Agriculture & Food
• Vice Chairman, Committee on Ways and Means
• Member, Standing Committees:
– Appropriations
– Ways & Means
– Economic Affairs
– Banks & Financial Intermediaries
– Government Enterprises

• Member, Special Committees:
– Food Security
– Savings Mobilization
– Export Promotion
– Poverty Alleviation
– Reforestation

EXECUTIVE LEGISLATIVE COUNCIL MEMBERSHIP (1987- 1998)

• Member, Joint Legislative-Executive Development Authority Council (LEDAC)
• Member, Joint Legislative-Executive Agricultural commission (AGRICOM)
• Member, Coordinating Council, Philippine Assistance program 1992)
• Observer, Paris Club and Commercial Bank Negotiations (1991)
• Observer, Philippine Debt Negotiations Panel (1990)

MAJOR ACHIEVEMENTS

I 2009 Awarded as “Finance Minister of Asia” by The Banker Magazine

II PRINCIPAL AUTHOR

BANKING & FINANCIAL REFORMS

RA 7221 – Liberalizing the Entry and Scope of Operations of Foreign Banks in the Philippines

CAPITAL MARKET REFORMS

RA 8366 – Investment Houses Law
HB 3228 – The Revised Investment Company Act (Mutual Funds)

ENHANCING FOREIGN INVESTMENTS & INDUSTRIAL COMPETITIVENESS

RA 6911 – Magna Carta for Small Enterprises
RA 7042 – Promotion of Foreign Investments
RA 8293 – Intellectual Property Rights – Amending the Patents, Trademark & Copyright Laws of the Country

PROVIDING SAFETY NETS & ENHANCING AGRICULTURAL COMPETITIVENESS

RA 8179 – Replacing Quantitative Restrictions on Agricultural Products Except Rice, with Tariffs and Creating the Agricultural Competitive Enhancement Funds
HB 2978 – Amending the Agri-Agra Law
HB 6894 – Providing Safeguard Measures for Agricultural & Industrial Products Adversely Affected by Heavy Importation in Compliance with GATT-WTO

PROMOTING EMPLOYMENT OPPORTUNITIES & HUMAN RESOURCE DEVELOPMENT

RA 7111 – Establishing the Overseas Investment Fund to Provide Incentives to Overseas Workers & Reduce Foreign Debt
TAX REFORMS

RA 8240 – Amending Series 138, 139 & 142 of the National Internal Revenue Code-Restructuring the Tax on Beer, Cigarettes & Distilled Spirits from Ad Valorem to Specific Tax

PRINCIPAL CO-AUTHOR

BANKING & FINANCIAL REFORMS

RA 7653 – The New Central Bank Act

ENHANCING FOREIGN INVESTMENTS & INDUSTRIAL COMPETITIVENESS

RA 7844 – Export Development Act

PROMOTING EMPLOYMENT OPPORTUNITIES & HUMAN RESOURCE DEVELOPMENT

RA 7686 – Instituting the Dual Training System in the Philippines

PROVIDING SAFETY NETS & ENHANCING AGRICULTURAL COMPETITIVENESS

RA 8434 – Modernizing and Enhancing the Profitability of the Agricultural & Fisheries Sector
RA 8175 – Strengthening the Crop Insurance Program
RA 6939 – Creating the Cooperative Development Authority

SOCIAL REFORM

RA 8428 – Institutionalizing the Social Reform and Poverty Alleviation Program, Creating for the Purpose the National Anti-Poverty Commission

TAX REFORMS

RA 8242 – Amending the National Internal Revenue Code (The Comprehensive Tax Reform Act of 1997)
RA 8184 – Restructuring the Excise Tax on Petroleum Products
RA 7919 – Empowering the BIR Commissioner to Require Payment of the VAT Every Month and Allowing the LGUs to Share in the VAT Revenues

MEMBERSHIP IN CIVIC ORGANIZATIONS

• President, Philippine Economic Society (1994-1995)
• Founder, Corporate Planning Society of the Philippines
• Member, Makati Business Club
• Former Trustee, Philippine Futuristics Society

EDUCATION

• Honorary Degree, Doctor of Laws
Williams College, Massachusetts, USA
June 2011

• Master of Arts (MA) in Development Economics
Center for Development Economics
Williams College, Massachusetts, USA
1961-1968

• Higher National Diploma in Business Studies
(equivalent to Bachelor of Science in Business Economics)
City of London College, London, England
1962-1965

• Bachelor of Arts (Units)
Universidad Central de Madrid, Madrid, Spain
1967-1972