Finance Secretary Margarito Teves is in the list of candidates for the 2006 Most Outstanding Negrense awards to be given during the 2006 Buglasan Festival of Festivals in October.

The Sangguniang Panlalawigan recommended Teves to Gov. George Arnaiz through a resolution sponsored by Board Member Ernesto Tijing of the 3rd District and unanimously approved by the SP in their recent session.

The resolution cited Secretary Teves, son of Rep. Herminio Teves (3rd District, Oriental Neg.) as a pride of the Negrenses for his contribution not only to the province but to the whole country.

Before his appointment as Finance Secretary on July 18, 2005, Teves was the president and chief executive officer of the Land Bank of the Philippines.

He chairs several LBP institutions that include Insurance Brokerage, Inc., Leasing Corporation, Countryside Development Foundation, Realty Development Corporation, Financial Services, Remittance Company in the United States of America. He is also a member of the Board of Directors/Trustees of major companies like the Ayala Foundations, Inc., Meralco Electric Company, Pacific Plans, Inc., Alsons Cement Corporation, and Asean Finance Corporation to mention a few.

Teves is also a member of the board of directors/governors of several banking corporations as well as council member of the National Food Authority and the Food Terminal, Inc. The Secretary finished his higher education from prestigious schools in foreign countries like William College in Massachussets, USA; City of London College in London, England, and Universidad Central de Madrid in Madrid, Spain.

He had served as president of the Philippine Economic Society and founder of the Corporate Planning society of the Philippines.

As a representative of the 3rd District of Oriental Negros, Teves is the principal co-author of important bills like the New Central Bank Act, Export Development Act., Instituting the Dual Training System in the Philippines Act, Safety Nets Act, Enhancing Agricultural Competitiveness Act, Social Reform Act, and Tax Reforms Act.

A congressman for three consecutive terms, Teves held chairmanship of the committee on Rural Development and the Committee on Economic Affairs and membership in several standing committees like appropriations, ways and means, economic affairs, and some special committees like food security, savings mobilizations, export promotion, poverty alleviation and reforestation.

He was also a member of the executive and legislative councils of the Philippines and a delegate to the constitutional convention. Teves is married to Loretto Santos with whom he has three children, Jennifer, Herminio Cirilo, and Kathyrine.*RG

back to top