Malacañang yesterday confirmed reports that President Aquino appointed another fellow Liberal Party (LP) member and former Subic Bay Metropolitan Authority (SBMA) chairman Felicito Payumo as the new chairman of the Bases Conversion Development Authority (BCDA).
Deputy presidential spokesman Abigail Valte made the confirmation through a text message following Payumo’s admission to Subic-based correspondents that he was indeed appointed by the President to lead BCDA.
“I confirm the appointment of (Felicito) Payumo to BCDA,” Valte said.
The Office of the Executive Secretary claimed Payumo’s appointment papers were signed by Aquino last April 7.
BCDA was established under Republic Act (RA) 7227 whose primary function is to convert former military bases of the United States and military camps in Metro Manila into special economic zones that are expected to generate job and business opportunities for the locals.
Payumo will replace Aloysius Santos who held the BCDA’s reins for about five years. He called the shots for the SBMA from 1998 to 2004 during the Estrada administration. He also had quite a long career as a member of the House of Representatives serving the first district of Bataan from 1985 to 1998.
Wikipedia’s account says Payumo worked in the private sector for more than 20 years, including stints at Procter and Gamble Philippines, Mobil Corp. in New York and Engineering Equipment Inc. where he served as president before venturing into politics.
Payumo’s page at the same database also said he was the principal author for the act creating BCDA along with the Build Operate and Transfer Law and the Philippine Economic Zone Authority during his career as a legislator. (Aytch S. de la Cruz, The Daily Tribune)
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