President’s Hall, Malacañan Palace
December 20, 2023

President Ferdinand R. Marcos Jr. administered the oath of office to the newly appointed directors of the Maharlika Investment Corporation (MIC) under the Department of Finance (DOF), in a ceremony at the President’s Hall in Malacañan Palace.

Taking their oath before the President were Ms. Vicky Lim Tan, Mr. German Lichauco II, Mr. Roman Felipe Reyes and Mr. Andrew Jerome Gan. Their families were also in attendance to witness the ceremony.

The Maharlika Investment Fund (MIF) will serve as a long-term source of investment capital, fostering economic growth and jobs creation. Its establishment draws inspiration from sovereign wealth funds in other nations.

The Administration, through the MIC, takes significant measures to ensure that the fund is carefully managed and used for its intended objectives.

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