The Securities Exchange Commission (SEC) in the Philippines is bound to transform the financial ecosystem. With the new leadership of SEC Commissioner Rogelio Quevedo, the SEC is focusing on deeper innovation and digitization.
The commissioner has a long history working in both corporate law and telecommunication services, marking him as a renowned figure both in the public and the private sector. He worked as a Government Counsel in the Philippines, served in the Office of the Government Corporate Counsel (OGCC), PLDT-Smart, as well as a commercial and civil law professor at the University of the Philippines (UP) College of Law.
At a press conference on May 15, SEC Commissioner Quevedo hopes to bring necessary changes, including innovation with practicality. He saw that innovation is not a buzzword or a new concept to begin with. The commission introduced innovation and has continued to this path since 2021.
“It is always innovation rooted on practicality. It will always be service rooted in compassion. You have to make sure that your innovation is what your clients need,” the SEC commissioner said.
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