Bongbong Marcos names Rafael Consing Maharlika Invest Corp head

Rafael Consing named presidential adviser –LinkedIn photo

MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. has appointed Rafael D. Consing Jr. as President and Chief Executive Officer (CEO) of Maharlika Investment Corporation (MIC).

Consing is the current Presidential Adviser for Investment and Economic Affairs.

“He is an accomplished, results-driven, and multi-awarded C-level executive with a profound depth of experience in corporate governance, mergers and acquisitions, corporate finance, global capital markets, stakeholder relations, and business strategy development,” said Malacañang on Monday.

Palace said Consing graduated from De La Salle University in 1989.

He has additional training from Stanford University Graduate School of Business Strategic Financial Leadership Program 2016.

Prior to this stint as a presidential adviser, Consing was Senior Vice President and Chief Financial Officer of International Container Terminal Services Incorporated.

Consing was also a managing director in HSBC Hong Kong and Singapore, and Head of Debt Finance Group of HSBC Philippines.

Meanwhile, the Implementing Rules and Regulations of Maharlika Act were released on Saturday.

Marcos had previously promised to have the investment fund running by the end of 2023.