Emilio Benito Aquino (born July 23, 1964) is the current chairperson and CEO of the Securities and Exchange Commission (Philippines). He took office on June 7, 2018,[1] and was appointed by then President Rodrigo Roa Duterte. Aquino is also the first CPA-Lawyer to be appointed as SEC Chairperson.[2] Prior to assuming this role, he served as SEC Commissioner after his initial appointment on December 2, 2016.[3]
Emilio B. Aquino | |
|---|---|
 | |
| Chairperson of the Securities and Exchange Commission | |
| Assumed office June 7, 2018 | |
| President | Rodrigo Duterte |
| Preceded by | Teresita Herbosa |
| Personal details | |
| Born | Emilio Benito Aquino July 23, 1964 Zamboanga |
| Nationality | Filipino |
| Alma mater | Universidad de Zamboanga(BS) San Beda University(LL.B) |
| Profession | Government official |
Early life and education
editIn 1984, Aquino graduated Magna Cum Laude and Valedictorian with a bachelor's degree in Commerce major in accounting at the Universidad de Zamboanga.[4] After taking the CPA Licensure Exams, he scored a rating of 89.14 percent.[5] He finished his law studies at San Beda University where he was a Dean’s Lister and Silver Medalist. He placed 16th in the 1992 Bar Exams.
Aquino earned his master's degree in Public Management at the Development Academy of the Philippines under a government scholarship. He was also the recipient of a Certificate of Study by the University of Sydney for a course on Effective Governance. Aquino likewise attended and completed the Fintech Advanced Program at the PBC School of Finance, Tsinghua University.[6] He undertook the AIM Management Development Program for SEC and recently attended the Cambridge Fintech and Regulatory Innovation Program.
Career
editFor over a decade, Aquino was a practicing CPA-Lawyer based in Western Mindanao. When he assumed the role of SEC Chairperson, Aquino ushered the passage of the Revised Corporation Code, considered as a landmark piece of legislation, that was signed into law by then President Rodrigo Roa Duterte on February 21, 2019.[7]
Currently, Aquino is the Supervising Commissioner for SEC's Enforcement and Investor Protection Department and the Office of the General Counsel. He organized enforcement drives[8] and ushered in the recent sweep against investment scams and predatory lending practices.[9] He is also the SEC's point person on matters related to financial technology, blockchain, and digital assets.[10]
Apart from the SEC, Aquino is also the chairperson of the government-controlled Credit Information Corporation (CIC), the Microfinance NGO Regulatory Council, and the ASEAN Capital Market Forum Corporate Governance Working Group. He is likewise a sitting member of the Anti-Money Laundering Council[11] (AMLC).
References
edit- ^ Dumlao-Abadilla, Doris. "Aquino named new SEC Chair". Retrieved 7 June 2018.
- ^ Loyola, James (18 December 2022). "PICPA recognizes SEC Chair, General Accountant". Manila Bulletin.
- ^ Lazo, Kristyn Nika (9 December 2016). "Emilio Aquino is new SEC Commissioner". The Manila Times.
- ^ "Bigatin! Check out new SEC chairman Emilio Aquino's resume". Bilyonaryo. Retrieved 17 June 2018.
- ^ Gonzales, Iris. "SEC gets new chairman". Philippine Star. Retrieved 7 July 2018.
- ^ "Tsinghua PBCSF Receives the First Class of its Belt &Road Fintech Advanced Program". Tshinghua PBC School of Finance. Retrieved 16 May 2018.
- ^ Gonzales, Iris. "Revised Corporation Code signed into law". Philippine Star. Retrieved 22 February 2019.
- ^ "SEC scores legal victory vs. perpetrators of investment scam". Philippine News Agency. Retrieved 14 December 2020.
- ^ Dumlao-Abadilla, Doris. "SEC asks BSP to stop 'predatory lending,' set limit on interest, other charges by lenders". Philippine Daily Inquirer. Retrieved 28 October 2019.
- ^ Salting, Ed Paolo (1 December 2022). "SEC to continue studying rules for digital assets". The Manila Times.
- ^ "New AMLC Member: SEC Chairperson Emilio Benito Aquino". Anti-Money Laundering Council.