President Ferdinand "Bongbong" Marcos Jr. has named former Supreme Court (SC) associate justice Dante Osorio Tiñga as the new acting chairman of the Development Bank of the Philippines (DBP), Malacañang confirmed.
Office of the Press Secretary (OPS) officer-in-charge Undersecretary Cheloy Garafil confirmed this in a text message on Thursday evening, Dec. 22. The Palace released a copy of Tiñga's appointment paper the following morning.
The DBP is the premier government financial institution dedicated to supporting the national government's key development programs.
The copy of the document showed that Marcos signed the former magistrate's appointment paper on Dec. 9, 2022.
According to Garafil, Tiñga took his oath before Executive Secretary Lucas Bersamin, a former Supreme Court Chief Justice himself, on Dec. 22.
The 83-year-old lawyer was appointed by former president Gloria Macapagal-Arroyo as an associate justice in 2003 and served until 2009.
Tiñga was a dean at the University of the East (UE) College of Law, his alma mater, from 1989 to 1993 and from 2017 until 2018.
He likewise was the dean of the Polytechnic University of the Philippines (PUP) College of Law from 2001 until 2003, when he was appointed to the Supreme Court.
He was also a former member of the House of Representatives, representing the Taguig-Pateros District from 1987 to 1988.