Maharlika Fund board gets the ball rolling

Lichauco graduated from Ateneo de Manila University School of Law and served as officer in various companies such as Sharp Philippines Corp., Computerized Imaging Institute of the Makati Medical Center Foundation Inc. and Soho Central Condominium.

Reyes is an accountant and business administrator and was chair and founding partner of the professional financial services firm Reyes Tacandong & Co., SGV & Co partner and vice president for client services and accounts, and director in companies such as Radio Philippines Network Inc., Pampanga Sugar Development Co., Philippine Geothermal Production Co. and Converge ICT Solutions Inc.

Also present during the meeting was the MIF Advisory Body led by Budget Undersecretary Leo Angelo Larcia and Deputy Treasurer Sharon Almanza.

The MIF is in line with the Marcos administration’s 8-Point Socioeconomic Agenda for poverty reduction and Philippine Development Plan 2023 to 2028 for deep economic and social transformation.

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The fund is designed to catalyze economic development and accelerate the country’s growth by optimizing the use of government financial assets and promoting intergenerational management. INQ