Who is DBM OIC Rolando Toledo?

MANILA, Philippines — Malacañang on Monday announced a shake-up in President Ferdinand Marcos Jr.’s Cabinet, naming Department of Budget and Management (DBM) Undersecretary Rolando Toledo as officer-in-charge of the agency, replacing Amenah Pangandaman.

Toledo served as undersecretary of the DBM’s Budget Preparation and Execution (BPE) Group. He was also the Functional Group Head of the department’s Operations team, which is composed of Budget and Management Bureaus as well as Budget Technical Bureaus.

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His primary responsibilities include the preparation and implementation of the national budget, among other duties.

Before leading the BPE Group, Toledo served as Assistant Secretary in 2023, supervising the Local Government and Regional Operations Group of the DBM.

He also held positions as director of the Fiscal Planning and Reforms Bureau in 2013 and as Functional Group Head of the Budget Policy and Strategy Group in 2018.

Toledo earned a Bachelor of Science degree in Business Administration from the University of the East in 1984 and became a Certified Public Accountant a year later.

He completed a Program in Development Economics at the University of the Philippines–School of Economics in 1994 and, more recently, earned a master’s degree in National Security Administration from the National Defense College of the Philippines in June 2024.

Toledo is married and has three children. /cb