SEC seat is next for lawyer who aided Marcos in poll protest
MANILA, Philippines — A lawyer who has occupied several key positions under the administration of President Ferdinand Marcos Jr., but is also known for helping him challenge the results of the 2016 vice presidential elections, has been given a new post.
Rogelio Quevedo will now serve as one of the four commissioners of the Securities and Exchange Commission (SEC), the regulatory body announced in a statement on Saturday.
Quevedo previously headed the Office of the Government Corporate Counsel (OGCC), the legal office of all government-owned or -controlled corporations, their subsidiaries and other corporate offsprings.
In the SEC, he is replacing Commissioner Hubert Dominic Guevara, who died in March after less than a month in the position.
READ: Marcos names new SEC official
Article continues after this advertisementFrom PCGG, too
“We give our warmest welcome to Attorney Quevedo, whose decades of experience in corporate law and the government service will help the commission navigate new and emerging trends in the business sector,” SEC Chair Emilio Aquino said.
Article continues after this advertisementQuevedo’s appointment to the SEC also came just a more than three months since he became a commissioner of the Presidential Commission on Good Governance (PCGG), the body set up to recover the ill-gotten wealth of the Marcos family after the 1987 Edsa People Power Revolution.
Election protest
He was also among the lawyers who questioned the victory of then Vice President Leni Robredo in the 2016 national elections. Quevedo then aided the Marcos, Robredo’s closest rival in the race, in his election protest, in which he again lost.
Apart from the OGCC and PCGG, Quevedo also held positions in the Metropolitan Waterworks and Sewerage System board (also under Marcos), the Presidential Management Staff and the Office of the Ombudsman.
Quevedo holds a degree in economics from the University of the Philippines, where he also studied law. He placed 10th in the 1981 bar exams.