Panga named new PEZA OIC
The former Deputy Director-General of the Philippine Economic Zone Authority(PEZA), Tereso Panga, has been reassigned as the agency’s newest officer-in-charge (OIC) Director General.
Panga’s designation followed President Ferdinand Marcos Jr.’s Memorandum Circular No. 1 on June 30, 2022, declaring all government positions that were co-terminus with President Duterte vacant.
Former PEZA Director General Charito B. Plaza was co-terminus with President Duterte. Being the next in rank and most senior career service officer at PEZA, Panga was designated as OIC.
PEZA is a government agency responsible for promoting investments, granting fiscal and non-fiscal incentives, and facilitating the operations of export-oriented manufacturing and service centers in Special Economic Zones throughout the Philippines.
As its newest OIC Director General, Panga will oversee PEZA policies that support the presidential administration’s economic agenda.