The state-owned Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP) names former Budget Secretary Amenah Pangandaman as its new chair and CEO. —Photo from AAIIBP website
MANILA, Philippines — Former Budget Secretary Amenah Pangandaman has been named the chair and CEO of the state-owned Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP).
This marks her return to the government months after she stepped down from the cabinet of President Ferdinand Marcos Jr.
AAIIBP announced Pangandaman’s appointment on July 10, as the country’s only Islamic bank seeks to expand financial inclusion among Muslims and strengthen Islamic banking nationwide.
Article continues after this advertisement
