Cagayan de Oro — A Mindanaoan has been appointed as the new President and CEO of The state-run pension fund Social Security System (SSS).
SSS Commissioner and former mining executive Michael Regino who hails from Zamboanga City has assumed the presidency of SSS replacing outgoing president and chief executive Aurora Cruz-Ignacio who was re-assigned to the state-run Philippine Deposit Insurance Corporation (PDIC) as a member of the Board.
This was announced Finance Secretary Carlos Dominguez III, who chairs the policy-making Social Security Commission (SSC) which oversees the SSS.
Regino was among the campaign contributors of President Rodrigo Duterte in 2016 and was appointed SSS commissioner that same year, where he was said to be the labor sector’s representative to the SSC.
Ignacio, on the orher hand, was appointed SSS chief in 2019 when former president and chief executive Emmanuel Dooc resigned after the amendments to the SSS Charter took effect.
Regino was chair the SSC’s information technology and collection committee, while being a member of the commission’s risk management and investment committee.
Prior to his appointment, Regino had served as officer of various mining firms, including president and board member of Agata Mining Ventures Inc., Exploration Drilling Corp., and San Agustin Services Inc.
He was also the senior vice president and chief operating officer (COO) of St. Augustine Gold and Copper Ltd.; executive director of TVI Resources Development Philippines Inc.; and a board director of Nationwide Development Corp. and KingKing Mining Corp.
While at Kingking, Regino was in-charge of the mining firm’s Davao operations.
Regino has also served as president of Camella Homes, Golden Haven Memorial Parks, Inc., as well as MGS Group of Companies.
He has also a stint as economics professor at Ateneo de Zamboanga University.