Finance Undersecretary Rosalia de Leon took her oath today before Finance Secretary Cesar V. Purisima as the new Treasurer of the Philippines.
De Leon has served as Undersecretary for the International Finance Group at the Department of Finance since September 2010 in which she represented the department in multilateral and regional financial fora and cooperation (APEC, ASEAN, Chang Mai Initiatives, etc.), formulated the Government’s debt financing strategies, managed the risks of the public sector debt and executed liability management transactions covering the country’s external debt portfolio. Under her watch, she oversaw the execution of several noteworthy liability management transactions in the global capital markets, including Local Currency Linked Global Notes, Global Bond Exchange and Tender Offer.
Previously, De Leon assumed several key offices in the Department of Finance, including as the Finance Secretary’s Chief-of-Staff (July 2005- June 2010) and OIC-Head of International Finance Group (July 2007-September 2010). She also served as advisor to the Philippine Executive Director at the Asian Development Bank.
De Leon earned her Master of Arts in Development Economics from Williams College Massachusetts and Bachelor of Arts in Economics from the University of the Philippines.
Assistant Secretary Maria Edita Z. Tan, who has been with IFG’s International Finance Operations since 1992, will now serve as Officer-in-Charge of the International Finance Group of the Department of Finance.
Also, Finance Undersecretary Carlo Carag takes over as Officer-in-Charge of the Revenue Integrity Protection Service in addition to supervising the Revenue Operations Group following the resignation of Executive Director Atty. Romeo Tomas, Jr.
