MANILA, Philippines — More than a week after calling for the courtesy resignation of his Cabinet secretaries, President Ferdinand Marcos Jr. made the same call to officials of government-owned and -controlled corporations (GOCCs).
A circular released by the Governance Commission for GOCCs (GCG) dated May 28, 2025 instructed state-run firms’ non ex-officio chairpersons, chief executive officers (CEOs), and all appointive directors/trustees/members of their respective GOCCs’ governing boards to immediately submit their courtesy resignations to the President through the Office of the Executive Secretary.
These GOCCs include, among others, the Land Bank of the…