Secretary of Finance (Philippines)

Last updated

Secretary of Finance
Kalihim ng Pananalapi
Department of Finance (DOF).svg
Official seal of the
Department of Finance
Rep. Ralph Recto (19th Congress).jpg
Incumbent
Ralph Recto
since January 12, 2024
Style The Honorable
AppointerThe President with the consent of the Commission on Appointments
Term length No fixed term
Inaugural holder Baldomero Aguinaldo
FormationApril 1897
Website dof.gov.ph

The secretary of finance (Filipino : kalihim ng pananalapi) is the cabinet of the Philippines member in charge of the Department of Finance.

Contents

The current secretary is Ralph Recto, who was appointed to office on January 12, 2024.

Powers and functions

According to the Administrative Code of 1987, the following are the powers and functions of a secretary: [1]

List of secretaries of finance

1897–1899

No.PortraitSecretaryTook officeLeft office President
Director of Finance
1 Baldomero Aguinaldo.jpg Baldomero Aguinaldo
(1869–1915)
April
1897
November
1897
Emilio Aguinaldo
Secretary of Finance
2 Mariano Trias portrait.jpg Mariano Trías
(1868–1914)
July 15,
1898
May 9,
1899
Emilio Aguinaldo
3Hugo IlaganMay 9,
1899
November 13,
1899

1901–1935

No.PortraitSecretaryTook officeLeft office Governor-General
Secretary of Finance and Justice
4 Henry Clay Ide 710x1024.jpg Henry Clay Ide
(1844–1921)
[2]
September 1,
1901
June 30,
1908
William Howard Taft
Luke Edward Wright
Henry Clay Ide
James Francis Smith
5 Gregorio S. Araneta.jpg Gregorio S. Araneta
(1869–1930)
[3]
July 1,
1908
October 30,
1913
William Cameron Forbes
Newton W. Gilbert
Francis Burton Harrison
6 Victorino Mapa.jpg Victorino Mapa
(1855–1927)
[4]
October 30,
1913
January 1,
1917
Secretary of Finance [5]
(6) Victorino Mapa.jpg Victorino Mapa
(1855–1927)
January 1,
1917
January 15,
1917
Francis Burton Harrison
7Alberto Barretto
[6]
January 15,
1917
July 17,
1928
Charles Yeater
Leonard Wood
Eugene Allen Gilmore
Henry L. Stimson
[a] Miguel Unson
[6] [7]
July 17,
1928
August 14,
1928
8August 14,
1928
December 13,
1931
Eugene Allen Gilmore
Dwight F. Davis
[a] Vicente Carmona
[8]
January 1,
1932
December 31,
1932
George C. Butte
Theodore Roosevelt Jr.
9 Hon. Rafael Alunan Sr.jpg Rafael AlunanJanuary 1,
1933
April 30,
1933
[a] Vicente Singson Encarnacion.jpg Vicente Singson Encarnacion
(1875–1961)
[9]
April 30,
1933
July 24,
1934
Frank Murphy
10 ElpidioQuirino.jpg Elpidio Quirino
(1890–1956)
July 25,
1934
November 15,
1935

1935–present

No.PortraitSecretaryTook officeLeft office President
Secretary of Finance
(10) ElpidioQuirino.jpg Elpidio Quirino
(1890–1956)
November 15,
1935
February 18,
1936
Manuel L. Quezon
11 Antonio de las Alas.jpg Antonio de las Alas
(1889–1983)
February 19,
1936
November 15,
1938
12 Manuel Roxas.jpg Manuel Roxas
(1892–1948)
November 26,
1938
August 28,
1941
13Serafin MarabutAugust 28,
1941
December 24,
1941
Secretary of Finance, Agriculture and Commerce [10]
14 Hon. Jose Abad Santos.jpg José Abad Santos
(1886–1942)
[11]
December 24,
1941
March 26,
1942
Manuel L. Quezon
15 Andrés Soriano
(1898–1964)
[11]
March 26,
1942
July 31,
1944
Commissioner of Finance
16 Antonio de las Alas.jpg Antonio de las Alas
(1889–1983)
[12]
January 26,
1942
October 14,
1943
Jorge B. Vargas [b]
Minister of Finance
(16) Antonio de las Alas.jpg Antonio de las Alas
(1889–1983)
[13]
October 19,
1943
1945 Jose P. Laurel
Secretary of Finance [14]
17Jaime HernandezAugust 8,
1944
May 27,
1946
Sergio Osmeña
(10) [c] ElpidioQuirino.jpg Elpidio Quirino
(1890–1956)
May 28,
1946
November 24,
1946
Manuel Roxas
18 Miguel Cuaderno Sr.jpg Miguel Cuaderno Sr.
(1890–1975)
November 25,
1946
January 2,
1949
Elpidio Quirino
(17)Jaime HernandezJanuary
1949
January
1952
19Aurelio Montinola Sr.January
1952
December
1953
(17)Jaime HernandezDecember
1953
January
1960
Ramon Magsaysay
Carlos P. Garcia
20 Dominador Aytona.jpg Dominador Aytona
(1918–2017)
January 25,
1960
December 29,
1961
21Fernando SisonJanuary 2,
1962
July 31,
1962
Diosdado Macapagal
22Rodrigo PerezAugust 1,
1962
January 7,
1964
23Rufino HechanovaJanuary 8,
1964
December 13,
1965
24 Eduardo Romualdez (1971).jpg Eduardo Romualdez
(1909–2001)
January 1,
1966
February 4,
1970
Ferdinand Marcos
25 Cesar Virata, 1983.jpg Cesar Virata
(born 1930)
February 9,
1970
June 2,
1978
Minister of Finance [15]
(25) Cesar Virata, 1983.jpg Cesar Virata
(born 1930)
June 2,
1978
March 3,
1986
Ferdinand Marcos
26 Jaime Ongpin
(1939–1987)
March 26,
1986
February 11,
1987
Corazon Aquino
Secretary of Finance [16]
(26) Jaime Ongpin
(1939–1987)
February 11,
1987
September 14,
1987
Corazon Aquino
27Vicente JaymeSeptember 15,
1987
December
1989
28Jesus EstanislaoJanuary 1,
1990
June 30,
1992
29Ramon del RosarioJuly 1,
1992
June 1,
1993
Fidel V. Ramos
30Ernest LeungJune 2,
1993
January 31,
1994
31 Roberto de Ocampo February 1,
1994
March 30,
1998
32Salvador EnriquezApril 1,
1998
June 30,
1998
33 Edgardo Espiritu July 1,
1998
December 31,
1998
Joseph Estrada
34Jose PardoJanuary 2,
2000
January 20,
2001
35 IAEA Alberto Romulo and Yukiya Amano (cropped).jpg Alberto Romulo
(born 1933)
January 23,
2001
June 30,
2001
Gloria Macapagal Arroyo
36 Jose Isidro N. Camacho - World Economic Forum on East Asia 2010.jpg Jose Isidro Camacho
(born 1955)
June 30,
2001
November 30,
2003
37 Juanita Amatong
(born 1935)
December 1,
2003
February 14,
2005
38 Cesar V Purisima (cropped).jpg Cesar Purisima
(born 1960)
February 15,
2005
July 15,
2005
39 Gary Teves.jpg Margarito Teves
(born 1943)
July 22,
2005
June 30,
2010
(38) Cesar V Purisima (cropped).jpg Cesar Purisima
(born 1960)
[17]
June 30,
2010
June 30,
2016
Benigno Aquino III
40 DOF Sec. Dominguez portrait with flag & seal (cropped).jpg Carlos Dominguez III
(born 1945)
[18]
June 30,
2016
June 30,
2022
Rodrigo Duterte
41 Secretary Benjamin Diokno of the Department of Finance (cropped).png Benjamin Diokno
(born 1948)
June 30,
2022
January 12,
2024
Bongbong Marcos
42 Rep. Ralph Recto (19th Congress).jpg Ralph Recto
(born 1964)
January 12,
2024
Incumbent

Notes

  1. 1 2 3 Acting secretary.
  2. As Chairman of the Philippine Executive Commission.
  3. In concurrent capacity as Vice President.

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References

  1. "Executive Order No. 292 [BOOK IV/Chapter 2-Secretaries, Undersecretaries, and Assistant Secretaries]". Official Gazette of the Republic of the Philippines .PD-icon.svg This article incorporates text from this source, which is in the public domain .
  2. Public Laws and Resolutions Passed by the United States Philippine Commission. Washington: Government Printing Office. 1901. p. 737.
  3. Journal of the Philippine Commission Being the Second Session of the First Philippine Legislature. Manila: Bureau of Printing. 1910. pp. 137–138.
  4. Journal of the Philippine Commission Being the Second Session, October 16, 1913, to February 3, 1914, and A Special Session, February 6, 1914, to February 28, 1914, of the Third Philippine Legislature. Manila: Bureau of Printing. 1914. p. 25.
  5. "Act No. 2666. - AN ACT TO REORGANIZE THE EXECUTIVE DEPARTMENTS OF THE GOVERNMENT OF THE PHILIPPINE ISLANDS". Supreme Court E-Library.
  6. 1 2 Annual Report of the Governor General Philippine Islands, 1923. Washington: Government Printing Office. 1925. p. 123.
  7. Official Roster of Officers and Employees in the Civil Service of the Philippine Islands, December 31, 1928. Manila: Bureau of Printing. 1928. p. 59.
  8. Official Register of the United States, 1932. Washington: Government Printing Office. 1932. p. 42.
  9. Official Register of the United States, 1934. Washington: Government Printing Office. 1935. p. 41.
  10. "Executive Order No. 396, s. 1941". Official Gazette of the Republic of the Philippines .
  11. 1 2 The Sixth Annual Report of the United States High Commissioner to the Philippine Islands to the President and Congress of the United States Covering the Fiscal Year July 1, 1941 to June 30, 1942. Washington: Government Printing Office. 1943. p. 79.
  12. Official Gazette Vol. 1, No. 1. Manila: Bureau of Printing. 1942. p. 15.
  13. Official Gazette Vol. 1, No. 1. Manila: Bureau of Printing. 1943. p. 29.
  14. "Executive Order No. 15-W, s. 1944". Official Gazette of the Republic of the Philippines .
  15. "Presidential Decree No. 1397, s. 1978". Official Gazette of the Republic of the Philippines .
  16. "Administrative Order No. 15, s. 1987". Official Gazette of the Republic of the Philippines .
  17. "Benigno S. Aquino III". Presidential Museum and Library. Archived from the original on July 6, 2016. Retrieved June 25, 2022.
  18. Viray, Patricia Lourdes (June 30, 2016). "Duterte's Cabinet takes oath, holds first meeting". The Philippine Star. Archived from the original on July 1, 2016.