Emilio B. Aquino | |
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Chairperson of the Securities and Exchange Commission | |
Assumed office June 7, 2018 | |
President | Rodrigo Duterte |
Preceded by | Teresita Herbosa |
Personal details | |
Born | Emilio Benito Aquino July 23,1964 Zamboanga |
Nationality | Filipino |
Alma mater | Universidad de Zamboanga(BS) San Beda University(LL.B) |
Profession | Government official |
Emilio Benito Aquino (born July 23,1964) is the current chairperson and CEO of the Securities and Exchange Commission (Philippines). He took office on June 7,2018, [1] and was appointed by then President Rodrigo Roa Duterte. Aquino is also the first CPA-Lawyer to be appointed as SEC Chairperson. [2] Prior to assuming this role,he served as SEC Commissioner after his initial appointment on December 2,2016. [3]
In 1984,Aquino graduated Magna Cum Laude and Valedictorian with a bachelor's degree in Commerce major in accounting at the Universidad de Zamboanga. [4] After taking the CPA Licensure Exams,he scored a rating of 89.14 percent. [5] He finished his law studies at San Beda University where he was a Dean’s Lister and Silver Medalist. He placed 16th in the 1992 Bar Exams.
Aquino earned his master's degree in Public Management at the Development Academy of the Philippines under a government scholarship. He was also the recipient of a Certificate of Study by the University of Sydney for a course on Effective Governance. Aquino likewise attended and completed the Fintech Advanced Program at the PBC School of Finance,Tsinghua University. [6] He undertook the AIM Management Development Program for SEC and recently attended the Cambridge Fintech and Regulatory Innovation Program.
For over a decade,Aquino was a practicing CPA-Lawyer based in Western Mindanao. When he assumed the role of SEC Chairperson,Aquino ushered the passage of the Revised Corporation Code,considered as a landmark piece of legislation,that was signed into law by then President Rodrigo Roa Duterte on February 21,2019. [7]
Currently,Aquino is the Supervising Commissioner for SEC's Enforcement and Investor Protection Department and the Office of the General Counsel. He organized enforcement drives [8] and ushered in the recent sweep against investment scams and predatory lending practices. [9] He is also the SEC's point person on matters related to financial technology,blockchain,and digital assets. [10]
Apart from the SEC,Aquino is also the chairperson of the government-controlled Credit Information Corporation (CIC),the Microfinance NGO Regulatory Council,and the ASEAN Capital Market Forum Corporate Governance Working Group. He is likewise a sitting member of the Anti-Money Laundering Council [11] (AMLC).
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