00:00I have to announce that today the President has appointed Attorney Francis Edrelin Lim
00:12as the incoming chairperson of the Securities and Exchange Commission.
00:19He will take over from the incumbent Chairman Emilio Aquino, whose term will expire on June
00:285, 2025.
00:33Attorney Lim is a distinguished member of the legal and financial communities.
00:39He has an extensive background in corporate and securities law.
00:44He previously served as the President and Chief Executive Officer of the Philippine Stock
00:50Exchange and is a senior partner at ACRA Law.
00:57Edrelin Lim is also a former trustee and President of the Shareholders Association of the Philippines.
01:05He has contributed significantly to investor protection and market transparency through
01:13both his professional work and his academic involvement.
01:19He brings to this office decades of experience in corporate law, governance and capital markets
01:27regulation.
01:29His leadership is expected to strengthen investor confidence and further promote transparency,
01:38innovation and inclusive growth in the Philippine financial sector.
01:46Thank you very much.
01:52You
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