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ANILA, Philippines – Malacanang has confirmed the appointment of former Armed Forces Chief Gen. Eduardo Oban as chairman of the Clark Development Corporation (CDC).
President Benigno S. Aquino III has signed Oban’s appointment papers, which have been conveyed to the Bases Conversion Development Authority (BCDA), said Presidential Spokesman Edwin Lacierda.
Responding to a text message from reporters, Lacierda said the appointment should not be seen as a “reward.”
“The President has always believed in the competence of Mr. Ed. Oban. He has been described by the President as a ‘strategic thinker,'” he said.
Oban retired in December 2011, after a 9-month stint as AFP Chief.
He has been cited him for his judicious use of AFP funds and for putting emphasis on accountability and transparency in AFP transactions. – Rappler.com
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