Marcos taps former ERC chief to head Clark Development Corp.
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Marcos taps former ERC chief to head Clark Development Corp.

by | Sep 3, 2022 | Asia, News | 0 comments

PRESIDENT Ferdinand “Bongbong” Marcos Jr. has appointed former Energy Regulatory Commission chairman Agnes Vicenta Devanadera as the new acting president and CEO of Clark Development Corporation (CDC), Malacañang announced Saturday.

Press Secretary Rose Beatrix “Trixie” Cruz-Angeles confirmed the appointment of Devanadera, who was also named member of the CDC board.

Devanadera replaced Manuel Gaerlan based on a Malacañang letter dated September 1, and signed by Executive Secretary Victor Rodriguez.

“We confirm the appointment of Agnes Vicenta Salayo Torres Devanadera as Acting President and Chief Executive Officer, and Member of the Board of Directors of Clark Development Corporation. She was formerly Chairperson of the Energy Regulatory Commission,” Cruz-Angeles said in a statement.

Created in 1993, CDC is an attached agency of the Bases Conversion and Development Authority (BCDA) that manages Clark Freeport Zone, the premier investment and business center in the country.

Prior to her appointment to CDC, Devanadera was appointed as ERC chairman by former president Rodrigo Duterte in 2017.

She served as the solicitor general during the administration of former president Gloria Macapagal-Arroyo, serving from 2007 to 2009 before going to the Department of Justice as secretary from 2009 to 2010.

A lawyer by profession, Devanadera also served as the mayor of her hometown in Sampaloc, Quezon; national president of the League of Municipalities of the Philippines; and undersecretary of the Department of Interior and Local Government.

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Author: Catherine S. Valente


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