New head of Pag-IBIG Fund named

Home Development Mutual Fund (HDMF), or Pag-IBIG Fund, has a new head.

President Rodrigo Duterte has appointed Pag-IBIG Fund Deputy Chief Executive Officer Acmad Rizaldy Moti as Officer-In-Charge (OIC) of the agency.

Moti replaces Darlene Berberabe who resigned.

Executive Secretary Salvador Medialdea said, Moti’s appointment is meant to “ensure uniterrupted delivery of public service.”

Since 2013, Moti was Pag-IBIG Fund’s deputy chief executive officer for home lending operations.

Former President Noynoy Aquino named Berberabe chief of Pag-IBIG Fund in 2010.

She served the office for 6 years.