Finance Secretary and Maharlika Investment Corp. (MIC) chairman Ralph Recto shakes hands with MIF president and chief executive Rafael Jose Consing during its 12th board meeting on July 18, 2024. MIC finalized its investment and risk management framework and secured its membership in the International Forum of Sovereign Wealth Funds (IFSWF), giving it authority to begin engaging with investors and gain access to tap global network of experts.