Microfinance NGO Regulatory Council

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Members

  Permanent Members
   

Pursuant to Section 9 of RA 10693, “The SEC shall establish an accrediting body to be known as the Microfinance NGO Regulatory Council, herein referred to as the “Council”. The Council shall be composed of four (4) permanent members and three (3) members from the Microfinance sector.

The permanent members of the Council shall be composed of the following:

 

(a) The Chairman of the Securities and Exchange Commission (SEC) or designated representative as the Chairperson of the Council;
(b) The Secretary of the Department of Trade and Industry (DTI) or designated representative;
(c) The Secretary of the Department of Finance (DOF) or designated representative; and
(d) The Secretary of the Department of Social Welfare and Development (DSWD) or designated representative.”

The Permanent Members of the Council are as follows:

 

PRINCIPAL

ALTERNATE

SEC

Atty. Emilio B. Aquino

Chairperson

Securities and Exchange Commission

Atty. Rachel Esther J. Gumtang-Remalante

Director

Corporate Governance and Finance Department

DOF

Ms. Rowena S. Sta Clara

Director

Domestic Finance Group (DFG)

Ms. Johanna P. Hortinela

Director

Domestic Finance Group (DFG)

DTI

Ms. Lourdes Rosario M. Baula
Head, Financing Sector

Small Business Corporation

Mr. Ronald A. Inciong
Department Manager, Southern Luzon Group

Small Business Corporation

DSWD

Mr. Edmon B. Monteverde

Officer-in-Charge-Director IV,
National Program Manager of the Sustainable Livelihood Program

Atty. Megan Therese Y. Manahan
Director IV, Standards Bureau

 

Mr. Luis Daniel S. De La Cruz

Project Development Officer IV and Section Head, Partnership Building Section of the Sustainable Livelihood Program

Ms. Cynthia V. Ilano

Director III, Assistant Director, Standards Bureau

Ms. Anna Maria Alexa G. Ledesma

Social Welfare Officer V, Standards Bureau

Ms. Natalia C. Cause

Project Development Officer IV,
Standards Bureau

 

  Private Sector Representatives
   

Based on Section 9 item (d) of RA 10693, “The three (3) representatives from Microfinance NGO sector shall be chosen by at least majority of the permanent members of the Council from among the nominees of organizations, associations and alliances of Microfinance NGOs duly registered with the SEC. They shall serve for a term of three (3) years.”
The Private Sector representatives are as follows:

NAME OF REPRESENTATIVE

Fr. Jose Victor E. Lobrigo

Treasurer

SEDP-Simbag sa Pag-asenso, Inc. (A Microfinance NGO)
doing business under the name and style of SEDP-Simbag Microfinance

Mr. Eduardo C. Jimenez

President

Kabalikat para sa Maunlad na Buhay, Inc. (A Microfinance NGO)

Ms. Lyneth I. Derequito
Senior Deputy Executive Director
Center for Agriculture and Rural Development, Inc. (A Microfinance NGO)

  Secretariat
   

Based on Section 9 item (d) of RA 10693, “The Council shall be assisted by a secretariat to be lodged in the SEC, which shall coordinate the activities involved in the accreditation process.”

The SEC Corporate Governance and Finance Department-Monitoring Division acts as the Secretariat of the Council.