President Ferdinand “Bongbong” Marcos Jr. has named Emmanuel Rufino Ledesma Jr. as the acting president and chief executive officer of the Philippine Health Insurance Corporation (PhilHealth), the Palace announced on Thursday.

According to a Palace press statement, Ledesma took his oath before Executive Secretary Lucas Bersamin on Thursday.

Ledesma, who replaced Eli Dino Santos, previously served as the chief of the Power Sector Assets and Liabilities Management Corporation.

By virtue of his appointment as PhilHealth president, he will also be a member of its expert panel and board of directors.

The state insurer is set to receive a P100-billion budget in 2023. John Ezekiel J. Hirro