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MANILA, Philippines – President Aquino has appointed a new commissioner at the Securities and Exchange Commission (SEC).
According to Malacañang on Tuesday, October 9, Antonieta Fortuna-Ibe will join the 5-man commission currently led by chairperson Teresita J. Herbosa.
She will replace Raul J. Palabrica who has retired. Her term expires on March 11, 2019.
Ibe was appointed as the administrator of the Local Water Utilities Administration (LWUA) in 2011.
She graduated with a degree in Accounting from University of the East (UE) in 1966, then joined giant accounting firm SyCip Gorres Velayo & Co. (SGV & Co.) where she eventually became at Partner.
She left SGV after over 30 years then joined KPMG Philippines as Professional Practice Department Head and as Risk Management Partner.
She became the first woman to become the chairperson of the Professional Regulation Commission (PRC) and was Chancellor of UE-Manila. – Rappler.com
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