{"id":12526,"date":"2025-05-28T20:54:26","date_gmt":"2025-05-28T18:54:26","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=12526"},"modified":"2025-05-28T20:54:26","modified_gmt":"2025-05-28T18:54:26","slug":"marcos-directs-heads-of-goccs-to-step-down","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/28\/marcos-directs-heads-of-goccs-to-step-down\/","title":{"rendered":"Marcos Directs Heads of GOCCs to Step Down"},"content":{"rendered":"<p> &#8220;`html<\/p>\n<p class=\"p2\"><span class=\"s2\">PRESIDENT Ferdinand R. Marcos, Jr. has instructed the leaders of state-run enterprises to resign, a week after a comparable request directed at his Cabinet members, which some interpret as an effort to reclaim whatever political influence he possesses during the latter half of his solitary six-year term.<\/span><\/p>\n<p class=\"p3\">In a May 26 announcement shared on its site, the Governance Commission for Government-Owned or -Controlled Corporations (GCG) under the Office of the President indicated that state firms are included in the Palace directive regarding courtesy resignations dated May 21.<\/p>\n<p class=\"p3\"><span class=\"s3\">This aligns with \u201cthe President\u2019s stated aim to adjust and reorient his administration\u2019s strategies and priorities in line with public expectations,\u201d GCG Chairman <\/span><span class=\"s2\">Marius P. Corpus noted in the announcement.<\/span><\/p>\n<p class=\"p3\"><span class=\"s4\">All non ex-o<\/span><span class=\"s5\">ffi<\/span><span class=\"s4\">cio chairpersons, chief executive of<\/span><span class=\"s6\">f<\/span><span class=\"s4\">icers (CEO) and appointed directors\/trustees\/members of GOCC governing boards have been ordered to present their courtesy resignations.<\/span><\/p>\n<p class=\"p3\"><span class=\"s5\">\u201cThis mandate is designed to enable the President to evaluate the performance of key of<\/span><span class=\"s6\">f<\/span><span class=\"s5\">icials across all government sectors, including GOCCs, and to realign governmental priorities in response to the changing expectations of the Filipino populace, ensuring the administration remains agile, responsible, and attentive,\u201d he explained.<\/span><\/p>\n<p class=\"p3\"><span class=\"s5\">In a supplementary notice dated May 28, GCG stated that CEOs of GOCCs should direct their resignations to the President and submit them through the Of<\/span><span class=\"s7\">f<\/span><span class=\"s5\">ice of the Executive Secretary.<\/span><\/p>\n<p class=\"p3\"><span class=\"s5\">For appointed directors, trustees, and members of GOCC governing boards, the resignation letters should be sent straight to the GCG, rather than the Office of the Executive Secretary.<\/span><\/p>\n<p class=\"p3\"><span class=\"s5\">Nevertheless, the GCG emphasized that all GOCC heads should continue to report for duty until the President either accepts or declines their resignation.<\/span><\/p>\n<p class=\"p3\"><span class=\"s5\">\u201cThe impacted officials are reminded that until any decision is made by the O<\/span><span class=\"s6\">ff<\/span><span class=\"s5\">ice of the President regarding these courtesy resignations, they are to persist in reporting for work and fulfilling their regular responsibilities and roles, adhering to any additional instructions that the Office of the President may find appropriate,\u201d Mr. Corpus stated.<\/span><\/p>\n<p class=\"p3\"><span class=\"s5\">Last week, Mr. Marcos requested all Cabinet members to hand in their courtesy resignations.<\/span><\/p>\n<p class=\"p3\"><span class=\"s5\">Since then, he has retained members of the economic team \u2014 Finance Secretary Ralph G. Recto, Trade Secretary Cristina Aldeguer-Roque, Department of Planning, Economy, and Development Secretary Arsenio M. Balisacan, Budget Secretary Amenah F. Pangandaman, and Special Assistant to the President for Investment and Economic Affairs Frederick D. Go. \u2014 <b>Norman P. Aquino<\/b> <i>with contributions from<\/i> <b>ARAI<\/b><\/span><\/p>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bworldonline.com\/top-stories\/2025\/05\/29\/675650\/marcos-orders-gocc-heads-to-quit\/\">Source link <\/a><br \/>\n&#8220;`<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;`html PRESIDENT Ferdinand R. Marcos, Jr. has instructed the leaders of state-run enterprises to resign, a week after a comparable request directed at his Cabinet members, which some interpret as an effort to reclaim whatever political influence he possesses during the latter half of his solitary six-year term. In a May 26 announcement shared on<\/p>\n","protected":false},"author":3,"featured_media":12527,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[2567],"class_list":["post-12526","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy-and-markets","tag-return-a-list-of-comma-separated-tags-from-this-title-marcos-orders-gocc-heads-to-quit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Marcos Directs Heads of GOCCs to Step Down - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/28\/marcos-directs-heads-of-goccs-to-step-down\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marcos Directs Heads of GOCCs to Step Down - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"&#8220;`html PRESIDENT Ferdinand R. Marcos, Jr. has instructed the leaders of state-run enterprises to resign, a week after a comparable request directed at his Cabinet members, which some interpret as an effort to reclaim whatever political influence he possesses during the latter half of his solitary six-year term. 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Marcos, Jr. has instructed the leaders of state-run enterprises to resign, a week after a comparable request directed at his Cabinet members, which some interpret as an effort to reclaim whatever political influence he possesses during the latter half of his solitary six-year term. 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