QUEZON CITY — President Ferdinand R. Marcos Jr. has appointed finance and investment veteran Victor Alfonso A. Limlingan as the new president and chief executive officer (CEO) of the Social Security System (SSS), following the appointment of his predecessor, Robert Joseph Montes de Claro, as secretary of the Department of Information and Communications Technology (DICT).
As the new SSS Chief, Limlingan is expected to focus on expanding and improving loan programs for SSS members, strengthening investment performance through better risk-adjusted returns, and relaunching the Pension Booster Program.
Limlingan is expected to focus on expanding and improving loan programs for SSS members, strengthening investment performance through better risk-adjusted returns, and relaunching the Pension Booster Program.
His appointment marks a leadership transition at the state-run pension institution, which manages social security contributions and provides benefits to Filipino workers and their families.
Limlingan previously served as a Member of the Social Security Commission (SSC), the SSS’ policy-making governing body, representing the employers’ group. He was appointed to the SSC on 19 November 2024 and took his oath on 25 November 2024.
As a Commissioner, Limlingan chaired the SSC’s Risk Management and Actuary Committee and sat on its Investment Committee, Contribution and Collection Committee, and Corporate Governance Committee.
The SSC oversees SSS policy, provides policy direction, supervises management actions and exercises quasi-judicial functions in cases involving social security coverage, benefits, contributions and penalties under Republic Act No. 11199 or the Social Security Act of 2018.
Experience in finance and public service
Limlingan brings experience in finance, investments, risk management, entrepreneurship and public service. He is managing director of Regina Capital Development Corp. and previously served on the board of state-owned Development Bank of the Philippines, where he chaired the Risk Oversight Committee.
He also served as senior vice president at Small Business Corp., where he worked on financial-recovery initiatives for small enterprises and treasury-investment optimization.
Earlier in his career, Limlingan provided consultancy services to the National Economic and Development Authority and the Housing and Urban Development Coordinating Council, which is now known as the Department of Human Settlements and Urban Development.
Limlingan holds a Master of Business Administration from Northwestern University’s Kellogg School of Management, is a Chartered Financial Analyst, and earned a bachelor’s degree in interdisciplinary studies, majoring in history and humanities, from the Ateneo de Manila University. (UnliNews Online)
