Margarito Teves
Margarito B. Teves | |
---|---|
38th Secretary of Finance | |
In office July 22, 2005 – June 30, 2010 | |
President | Gloria Macapagal Arroyo |
Preceded by | Cesar Purisima |
Succeeded by | Cesar Purisima |
Member of the Philippine House of Representatives from Negros Oriental's Third District | |
In office June 30, 1987 – June 30, 1998 | |
Preceded by | District created |
Succeeded by | |
Personal details | |
Born | Margarito Bustaliño Teves August 1, 1943 Dipolog, Zamboanga |
Nationality | Filipino |
Spouse(s) | Loretto Santos |
Children | 3 |
Alma mater | Williams College |
Margarito "Gary" Bustaliño Teves (born August 1, 1943) is a Filipino politician who served as Secretary of the Department of Finance of the Philippines. He was appointed to the position in July 2005 by President Gloria Macapagal Arroyo, following a mass resignation of her economic team.
In January 2009 he was named "Best Finance Minister" in Asia, a title given by London-based international finance magazine, The Banker.[1]
Life and education[]
Teves was born in Barangay Sangkol, Municipality of Dipolog (now Dipolog City), Province of Zamboanga (now a part of Zamboanga del Norte) to Herminio Teves and Narcisa Bustaliño. Teves received his M.A. in Developmental Economics from Williams College in 1968.
Career[]
Congressman[]
He was elected congressman representing the 3rd district of Negros Oriental from 1987 to 1998.
Following his three terms in office—the maximum number allowed by the constitution—he was succeeded by his father, .
Secretary of Finance[]
Teves was appointed as Secretary of the Department of Finance in July 2005 by President Gloria Macapagal Arroyo, following a mass resignation of her economic team.
As Finance Secretary, he oversaw the Arroyo administration's aggressive attempts to decrease the government's budget deficit.
Personal life[]
He is married to Loretto "Nini" Santos, and had three children together: Jennifer, Herminio Cirilo, and Kathyrine.
References[]
External links[]
- 1943 births
- Living people
- People from Negros Oriental
- Secretaries of Finance of the Philippines
- Williams College alumni
- Members of the House of Representatives of the Philippines from Negros Oriental
- Arroyo Administration cabinet members
- Philippines stubs