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PBBM lauds Pag-IBIG for record-high P48.76B dividends declared for members in 2023

President Ferdinand R. Marcos Jr. lauded Pag-IBIG Fund anew as the agency declared P48.76 billion in dividends to be distributed to its members as earnings on their savings in 2023, the highest in its 43-year history.

Pag-IBIG welcomes Recto, Doria-Velarde as board officials

Pag-IBIG Fund welcomed Finance Secretary Ralph G. Recto and newly appointed trustee, Maria Lourdes Doria-Velarde, as part of the 11-member Pag-IBIG Fund Board of Trustees, top officials stated Tuesday (20 February).

Finance Secretary Recto, who now also serves as the Pag-IBIG Board’s ex-officio vice chairperson, is an experienced legislator who has pursued numerous economic and tax reforms. Doria-Velarde, who now sits as one of the agency’s private employers’ representatives, has had an extensive career in the construction industry. They join Pag-IBIG Fund Chief Executive Officer Marilene Acosta, Budget Secretary Amenah Pangandaman, Labor Secretary Bienvenido Laguesma, Trade and Industry Secretary Alfredo Pascual, Private Employees’ Representatives Anthony Cesar Arellano and Gregorio Montenegro, Private Employers’ Representative Atty. Cornelio Aldon and Government Employees’ Representative Ma. Lorelei Fajardo, as part of the Pag-IBIG Fund Board of Trustees. The board is chaired by Secretary Jose Rizalino L. Acuzar of the Department of Human Settlements and Urban Development (DHSUD).


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