Finance chief and economist Carlos G. Dominguez III, Filipino, 74 years old, was appointed as Secretary of the Department of Finance (DoF), and de facto Vice Chairman of the Pag-IBIG Board of Trustees on 30 June 2016.
Sec. Dominguez has over 40 years of experience in both the government and the private sector. He began his career in government service in 1986 when he assumed the leadership of the Ministry of Natural Resources, and then with the Department of Agriculture in 1987. He left government service in 1989 and held top executive posts and chairmanship in the private sector, most notably as Chairman and President of Philippine Airlines (1993 - 1995), and the Philippine Tobacco Flue-Curing and Redrying Corporation (1992 - 2016). His family also owns the prestigious Marco Polo Hotel in Davao City.
He returned to public service in 2016 as Finance Secretary to support his childhood friend and classmate President Rodrigo Roa Duterte.
Sec. Dominguez graduated in Ateneo de Manila University with a Bachelor's Degree in Economics (1965), and a Master's Degree in Business Administration (1969). In 1982, he completed the Executive Management Program offered by Stanford University's Graduate School of Business.