Cesar Purisima

Cesar V. Purisima
Cesar Purisima in 2013.
Secretary of Finance
In office
30 June 2010 – 30 June 2016
PresidentBenigno Aquino III
Preceded byMargarito Teves
Succeeded byCarlos Dominguez III
In office
15 February 2005 – 15 July 2005
PresidentGloria Macapagal Arroyo
Preceded byJuanita Amatong
Succeeded byMargarito Teves
Secretary of Trade and Industry
In office
10 December 2003[citation needed] – July 2005
PresidentGloria Macapagal Arroyo
Preceded byManuel Roxas II
Succeeded byJuan Santos
Personal details
Born
Cesar Antonio Velasquez Purisima

(1960-04-03) 3 April 1960 (age 64)
Davao City, Philippines[citation needed]
Spouse
Corrie de la Cruz
(m. 2005)
Children2
Alma materDe La Salle University (BS)
Northwestern University (M.B.A)
OccupationAccountant, financial expert, government official
ProfessionBusiness

Cesar Antonio Velasquez Purisima (born 3 April 1960)[1] is a Filipino accountant and financial expert. He was the Secretary of Finance of the Republic of the Philippines under the administration of President Benigno S. Aquino III. He also served as the chair of the Cabinet Economic Development Cluster and member of the Monetary Board of the Bangko Sentral ng Pilipinas.[2][3][4] Purisima is a multi-awarded finance minister, recognized 7 times in 6 consecutive years by various international institutions for turning the Philippine economy around and restoring investor confidence.[5]

He had previously been Secretary of Trade and Industry and then Secretary of Finance during the term of Aquino's predecessor President Gloria Macapagal Arroyo but resigned amid the latter's involvement in the 2005 "Hello Garci scandal".[6] Purisima is the third longest-serving Finance Secretary in history, behind Cesar Virata and Jaime Hernandez, and is to date, the longest-serving Finance Secretary after the EDSA Revolution of 1986.

He is one of the founding partners of Ikhlas Capital[7], an ASEAN private equity fund manager dedicated to partnering and growing companies that positively impact the development of the region, together with Nazir Razak, Kenny Kim and Gita Wirjawan.

  1. ^ Mair, John (22 February 2011). "PROFILE-Philippines' Finance Minister Cesar Purisima". Reuters. Retrieved 16 October 2015.[dead link]
  2. ^ Noynoy names Cabinet execs, senior government officials Archived 2010-07-29 at the Wayback Machine
  3. ^ "EO 43 formally organizes Cabinet clusters - Office of the President". Office of the President. Archived from the original on 4 April 2016. Retrieved 23 March 2016.
  4. ^ "Bangko Sentral ng Pilipinas - About the Bank". www.bsp.gov.ph. Archived from the original on 31 August 2014. Retrieved 23 March 2016.
  5. ^ "Cesar V. Purisima is Finance Minister of the Year 2015 - Department of Finance". Department of Finance. 22 February 2016. Retrieved 23 March 2016.
  6. ^ "Eight Cabinet members quit, call on GMA to resign". The PCIJ Blog. 8 July 2005. Archived from the original on 8 June 2019. Retrieved 8 June 2019.
  7. ^ "Our Team". www.ikhlascapital.com. Retrieved 24 June 2024.

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