Victor Limlingan named new SSS chief

MANILA, Philippines — Finance and investment veteran Victor Alfonso Limlingan has been appointed by President Ferdinand Marcos Jr. as the new president and chief executive officer of the Social Security System (SSS).

The state insurer made the announcement on Friday.

Limlingan succeeded Robert Joseph Montes de Claro, who was appointed secretary of the Department of Information and Communications Technology.

READ: Marcos names SSS president de Claro as new DICT chief

In a press release, SSS said Limlingan will focus on enhancing and expanding member loan programs, improving the investment portfolio’s risk-adjusted returns, and relaunching the Pension Booster Program.

He brings experience in finance, investments, risk management, entrepreneurship and public service, it added.

Before his appointment, Limlingan served as a member of the Social Security Commission (SSC), the SSS’ policy-making body, representing the employers’ group.

He also chaired the SSC’s Risk Management and Actuary Committee, and served on its Investment Committee, Contribution and Collection Committee, and Corporate Governance Committee.

The new SSS chief was the managing director of Regina Capital Development Corp.

He previously served on the board of the state-owned Development Bank of the Philippines, where he chaired the Risk Oversight Committee.

He also provided consultancy services to the then-National Economic and Development Authority and the Housing and Urban Development Coordinating Council.

Limlingan holds a Master of Business Administration from Northwestern University’s Kellogg School of Management.

He is chartered financial analyst, and earned a bachelor’s degree in interdisciplinary studies, majoring in history and humanities, from the Ateneo de Manila University. /apl