President Rodrigo Duterte appointed Deputy Insurance Commissioner Dennis Funa as the new head of the Insurance Commission.
Executive Secretary Salvador Medialdea confirmed the approval of the nomination of Funa as the new Insurance Commissioner in a letter to Finance Secretary Carlos Dominguez III.
Funa replaced former IC chief Emmanuel Dooc after the latter was appointed early this month as the new president and chief executive officer of pension fund Social Security System.
Funa on June 2013 was appointed by then President Benigno S. Aquino III as the Deputy Insurance Commissioner for legal services of the IC.
Funa obtained his Bachelor of Laws degree at the San Beda College of Law and passed the Bar in 1992. He took his undergraduate degree from De La Salle University.
He took his primary and secondary education at the St. Francis Xavier School of New York, USA and San Beda High School, Manila, respectively. He also was a scholar of the London-based International Bar Association in its Biennial Conference in New Delhi, India and of the Association for Overseas Technical Scholarships in Tokyo, Japan.
He served the government in various capacities during the administration of the then President Fidel Ramos. He first served as the Special Assistant to the Appointments Secretary of the President and Director and Technical Assistant to the Chief Presidential Legal Counsel under the Ramos administration.
As the youngest presidential appointee of Ramos, he was appointed as the executive director of the Videogram Regulatory Board (now Optical Media Board) at the age of 28.