Manila, Philippines – November 17, 2025 – In a sudden shake-up at the highest levels of government, President Ferdinand R. Marcos, Jr. has accepted the resignations of Executive Secretary Lucas Bersamin and Budget Secretary Amenah Pangandaman, Palace Press Officer Claire Castro announced on Monday.
The officials reportedly stepped down “out of delicadeza” following their inclusion in recent corruption allegations, reflecting a move to maintain the integrity of the administration amid public scrutiny.
In the immediate reorganization, Finance Secretary Ralph Recto has been appointed as the new Executive Secretary, while Special Assistant to the President on Investment and Economic Affairs, Frederick Go, will assume the role of Finance Secretary.
The reshuffle signals a major transition in the executive branch, with key positions now occupied by officials tasked with restoring public trust and managing critical economic and administrative functions.
The Palace has yet to release further details on the scope of responsibilities and transitional plans for the incoming appointees.