DOF Welcomes new PhilGuarantee President
Appointed to the PhilGuarantee Board of Directors by President Rodrigo R. Duterte, Pascual succeeds Emmanuel G. Herbosa, who went on to become president of the Development Bank of the Philippines. Pursuant to Executive Order No. 58, PhilGuarantee is the renamed Philippine Export-Import Credit Agency (PhilEXIM). The agency is also known as the Trade and Investment Development Corporation of the Philippines (TIDCORP) and is the country’s official export-import credit institution.
A 37-year banking veteran, Pascual served as senior vice president for the corporate banking division and the corporate retail lending group of the Bank of the Philippine Islands in previous years. He also headed the retail mortgage division of the BPI Family Savings Bank. He graduated with a BSBA degree from the University of the Philippines and attended an MBA program of the Ateneo Graduate School of Business.