Thursday, November 20, 2025

Pres. Marcos Jr. administers oath to new Acting Executive Secretary and Finance Secretary

President Ferdinand R. Marcos Jr. officially administered the oath of office to Acting Executive Secretary Ralph G. Recto and Acting Finance Secretary Frederick D. Go on Wednesday at the Study Room of the Malacañan Palace.

The appointments, announced Tuesday, underscore President Marcos Jr.’s commitment to strengthening government institutions and enhancing coordination, according to Presidential Communications Undersecretary and Palace Press Officer Claire Castro. These changes aim to ensure the administration remains laser-focused on providing “stability, opportunity, and security” for Filipinos.

Mr. Recto is tasked with managing government operations and coordinating the implementation of high-impact programs.

Rationale for Appointment: Undersecretary Castro cited Recto’s extensive track record in economic policymaking, fiscal legislation, and national planning, deeming him exceptionally well-suited for the role.

Previous Experience: Recto brings a wealth of experience, having previously served as:

Finance Secretary

Member of the Monetary Board

Socioeconomic Planning Secretary and Director-General of the National Economic and Development Authority (NEDA) in 2008.

Acting Finance Secretary Frederick D. Go

Mr. Go is entrusted with overseeing the country’s fiscal direction and implementing the administration’s economic agenda.

Before this new role, Go served as the Special Assistant to the President for Investment and Economic Affairs, where he was instrumental in advancing investments, strengthening investor confidence, and aligning economic initiatives across various agencies.

Private Sector Acumen: Go has held several key positions in the private sector, including:

President and Chief Executive Officer (CEO) of Robinsons Land Corporation

Chairman of RL Commercial REIT, Inc.

Chairman/Vice Chairman of the Luzon International Premier Airport Development (LIPAD) Corp.

These leadership changes reflect the President’s resolve to leverage proven expertise in policy, governance, and economic initiatives to accelerate the country’s development agenda.

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