-
Former Philippine Economic Zone Authority director general Tereso Panga appointed executive director of the Toll Regulatory Board as former Bases Conversion and Development Authority president and chief executive Joshua Bingcang takes over PEZA
-
Panga will serve as TRB executive director “to keep our expressways fair and efficient for motorists, according to Malacañang
-
Bingcang’s mission as the new head of PEZA “is to bring more investors to our economic zones and make it faster and easier for them to set up, expand, and hire Filipino workers”
Former Philippine Economic Zone Authority (PEZA) director general Tereso Panga has been appointed executive director of the Toll Regulatory Board (TRB) as former Bases Conversion and Development Authority (BCDA) president and chief executive Joshua Bingcang takes over PEZA.
Palace press officer Claire Castro, in a Malacañang briefing on November 13, said Bingcang’s mission as the new head of PEZA “is to bring more investors to our economic zones and make it faster and easier for them to set up, expand, and hire Filipino workers.”
She cited that Bingcang’s “experience helping develop New Clark City gives him a practical understanding of what investors need to establish and grow their businesses.”
For Panga, who has served as PEZA director general since 2023 and had been part of the agency since 1998, Castro said he will serve as TRB executive director “to keep our expressways fair and efficient for motorists.”
READ: PEZA’s first career chief Panga steps down after 28 years
A licensed electrical engineer, Bingcang was a homegrown officer of BCDA, serving various provisions until his appointment as president and CEO of Clark International Airport Corp. in March 2023. A few months later in June 2023, he was re-appointed to BCDA as its president and CEO.
Bingcang holds a master’s degree in Business Administration from the University of the Philippines. He took part in the executive training program in urban policy and governance at Nanyang Technical University in Singapore, and in the training on public-private partnership from the Harvard Kennedy School in the U.S.
In the latest government shakeup, Ariel Nepomuceno was appointed to the BCDA top post. He was previously Bureau of Customs commissioner. Taking his place is former Bureau of Internal Revenue (BIR) commissioner Charlito Martin Mendoza. Finance undersecretary Rolando Ligon, Jr. replaced Mendoza at the BIR.
