The Home Improvement Mutual Fund (Pag-IBIG Fund) has appointed Marilyn Acosta as Acting Chief Executive Officer (CEO), succeeding Akmad Rizaldi Muti.
“I am grateful for the confidence that President Ferdinand Marcos Jr. and our President, Minister of Human Settlements and Urban Development, José Risalino Acozar, have given me for appointing me to this position,” Acosta said in a statement.
Housing Development Mutual Fund (Pag-IBIG Fund) Acting CEO Marilyn Acosta. Contribute image
She also thanked outgoing CEO Moti and her colleague Lingkod Pag-IBIG for their support, as well as the Social and Economic Housing Developers Association of the Philippines and Subdivision and Housing Developers Association Inc. , on approvals.
“I assure them all, as well as our members, partner developers, partner employers and stakeholders, that we at Pag-IBIG Fund will remain committed to providing them with a responsive and excellent service,” Acosta added.
Acosta, who hails from Narvacan, Ilocos Sur, has been with the Pag-IBIG Fund since 1981. She is a certified public accountant and a Professional V Executive, who has risen through the ranks since beginning her career as an accounting clerk in the Baguio Fund of the Pag-IBIG Regional Office.
During her tenure as Executive Vice President of the Pag-IBIG Home Lending Fund from March 2017 to September 2022, the agency issued steady record hikes in home loans, enabling a record number of members to purchase their homes.
For his part, Moti praised Acosta’s appointment. He said that this would ensure the continuity of the agency’s orientations towards preserving and building on the many gains it achieved in recent years.
“Acosta’s CEO leadership, excellence, integrity and determination are among the key factors that have enabled the Pag-IBIG Fund to achieve many record heights and achievements, particularly in the real estate field,” Moti said.
He added, “Her appointment will allow the continuity and sustainability of Pag-IBIG’s efforts to advance the lives of all Filipino workers. I wish her and Pag-IBIG all the best.”