President names new SEC commissioner

PHILIPPINE President Rodrigo R. Duterte has transferred Agrarian Reform Undersecretary Karlo S. Bello to the Securities and Exchange Commission (SEC).

Mr. Bello was appointed SEC commissioner on Aug. 13, according to a list of new appointees released by the palace on Tuesday.

Mr. Bello, a lawyer, earned his bachelor’s degree in political science from the University of the Philippines in 2000, according to the website of his former law firm. He is also an alumnus of the Ateneo Law School and was admitted to the Philippine Bar in 2007.

Mr. Bello comes from a family of politicians and specializes in administrative law, according to his profile. He has had extensive experience in government affairs and public policy, it said.

Mr. Duterte also appointed Ernesto S. Gonzales as Agriculture undersecretary, Erickson H. Balmes as a deputy commissioner of the Insurance Commission and Lloyd Christopher A. Lao as Budget undersecretary. — ALB