Former Bank of the Philippine Islands president and CEO Cezar “Bong” Consing has been included in the short list of nominees for the next Department of Finance Secretary
Marcos Cabinet next? Bongbong classmate Walter Wassmer to retire from BDO
A Babbler said Consing has been vetted by the transition team tasked to fill up the key Cabinet posts of presumptive president Bongbong Marcos.
Babbler noted that Consing and Marcos studied in La Salle Green Hills.
Fantasy Cabinet: Cesar Purisima, Arsenio Balisacan, Wick Veloso could lead the next administration’s economic team if Marcos wins it all
Consing is a well-respected banker having served as BPI president for nine years until he retired in 2021.
Bilyonaryo.com reported as early as March this year several individuals being considered for the DOF and other posts in the Cabinet’s economic management team – retired BDO senior executive vice president Walter Wassmer (who is also a classmate of Marcos in La Salle), Philippine National Bank president Wick Veloso, former Finance Secretary Cesar Purisima, and former Socioeconomic Planning Secretary Arsenio Balisacan.
The DOF post is one of the most anticipated announcements in the Marcos Cabinet because the next Finance Secretary will also appoint the heads of the Bureau of Customs and Bureau of Internal Revenue.
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