{"id":19993,"date":"2024-08-01T03:02:06","date_gmt":"2024-08-01T03:02:06","guid":{"rendered":"https:\/\/energybuzz.ph\/staging\/6915\/pascual-resigns-as-trade-chief\/"},"modified":"2024-08-01T03:02:06","modified_gmt":"2024-08-01T03:02:06","slug":"pascual-resigns-as-trade-chief","status":"publish","type":"post","link":"https:\/\/energybuzz.ph\/staging\/6915\/pascual-resigns-as-trade-chief\/","title":{"rendered":"Pascual resigns as Trade chief"},"content":{"rendered":"<div>\n<p class=\"p1\">\n<p class=\"p2\">TRADE Secretary Alfredo E. Pascual has resigned from his post to return to the private sector, according to the Presi<span class=\"s1\">dential Communications O<\/span><span class=\"s2\">ff<\/span><span class=\"s1\">ice (PCO). <\/span><\/p>\n<p class=\"p3\"><span class=\"s3\">In a statement, the PCO said President Ferdinand R. Marcos, Jr. accepted Mr. Pascual\u2019s resignation during a meeting at the Palace.<\/span><\/p>\n<p class=\"p3\"><span class=\"s4\">\u201cHis focus on micro, small, and medium enterprises was absolutely correct, and we are beginning to see the fruits of that policy,\u201d Mr. Marcos was quoted as saying.<\/span><\/p>\n<p class=\"p3\">\u201cWe are sorry to lose him, but we respect his decision that this is the time for him to return to the private sector.\u201d<\/p>\n<p class=\"p3\">Mr. Pascual\u2019s resignation will take e<span class=\"s5\">f<\/span>fect on Aug. 2.<\/p>\n<p class=\"p3\">In a separate statement, Mr. Pascual said that his role at the helm of the Department of Trade and Industry has been \u201cone of the most challenging yet ful<span class=\"s5\">f<\/span>illing experiences of (his) career.\u201d<\/p>\n<p class=\"p3\">\u201cAfter much re<span class=\"s5\">f<\/span>lection, I have decided it is time for me to return to the private sector. There, my roles will allow me to continue contributing my expertise and experience while being able to spend quality time with my family,\u201d he said.<\/p>\n<p class=\"p3\">The PCO said the search for Mr. Pascual\u2019s successor will commence \u201cimmediately\u201d \u201cto ensure a seamless transition and continuity\u201d in the department.<\/p>\n<p class=\"p3\">Mr. Pascual, 76, was appointed as Trade secretary in June 2022, joining the President in his foreign trips in a bid to attract foreign investments.<\/p>\n<p class=\"p3\">He served as president of the Management Association of the Philippines and was the president of the University of the Philippines from 2011\u20132017.<\/p>\n<p class=\"p3\">He also held di<span class=\"s5\">f<\/span>ferent positions in the Institute of Corporate Directors and Asian Development Bank and was a finance professor at the Asian Institute of Management.<\/p>\n<p class=\"p3\"><span class=\"s2\">Mr. Pascual was also previously an independent director of listed companies such as SM Investments Corp., Megawide Construction Corp., and Concepcion Industrial Corp. \u2014<b> Kyle Aristophere T. Atienza<\/b><\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div>TRADE Secretary Alfredo E. Pascual has resigned from his post to return to the private sector, according to the Presidential Communications Office (PCO). In a statement, the PCO said President Ferdinand R. Marcos, Jr. accepted Mr. Pascual\u2019s resignation during a meeting at the Palace. \u201cHis focus on micro, small, and medium enterprises was absolutely correct, [\u2026]<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[1],"tags":[14644,138,7043,12557,3274],"class_list":["post-19993","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-bworldonline","tag-chief","tag-pascual","tag-resigns","tag-trade"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pascual resigns as Trade chief - Energy Buzz<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/energybuzz.ph\/pascual-resigns-as-trade-chief\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pascual resigns as Trade chief - Energy Buzz\" \/>\n<meta property=\"og:description\" content=\"TRADE Secretary Alfredo E. Pascual has resigned from his post to return to the private sector, according to the Presidential Communications Office (PCO). In a statement, the PCO said President Ferdinand R. 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