Secretary of Finance (Philippines)


The secretary of finance is the cabinet of the Philippines member in charge of the Department of Finance.
Frederick Go is the current Secretary of Finance since November 17, 2025
WWW dof.gov.ph

Powers and functions

According to the Administrative Code of 1987, the following are the powers and functions of a secretary:
  • Advise the president on matters under a department's jurisdiction;
  • Establish the policies and standards for a department's operation;
  • Promulgate rules and regulations;
  • Promulgate administrative issuances;
  • Exercise disciplinary powers over officers and employees under a secretary;
  • Appoint officers and employees in a department;
  • Exercise jurisdiction over a department's bureaus, offices, agencies and corporations;
  • Delegate authority to officers and employees;
  • Perform other functions provided by law.

List of secretaries of finance

Secretary of Finance (1917–1935)

Act No. 2666 was passed on November 18, 1916, creating the Department of Finance from the Department of Finance and Justice as of January 1, 1917.
PortraitName
Took officeLeft officeGovernor-General
Victorino Mapa
January 1,
1917		January 15,
1917		Francis Burton Harrison
Alberto Barretto
January 15,
1917		July 17,
1928		Francis Burton Harrison
Alberto Barretto
January 15,
1917		July 17,
1928		Charles Yeater
Alberto Barretto
January 15,
1917		July 17,
1928		Leonard Wood
Alberto Barretto
January 15,
1917		July 17,
1928		Eugene Allen Gilmore
Alberto Barretto
January 15,
1917		July 17,
1928		Henry L. Stimson
Miguel Unson
July 17,
1928		August 14,
1928		Henry L. Stimson
Miguel Unson
August 14,
1928		December 13,
1931		Henry L. Stimson
Miguel Unson
August 14,
1928		December 13,
1931		Eugene Allen Gilmore
Miguel Unson
August 14,
1928		December 13,
1931		Dwight F. Davis
Vicente Carmona
Acting
January 1,
1932		December 31,
1932		Dwight F. Davis
Vicente Carmona
Acting
January 1,
1932		December 31,
1932		George C. Butte
Vicente Carmona
Acting
January 1,
1932		December 31,
1932		Theodore Roosevelt Jr.
Rafael Alunan Sr.
January 1,
1933		April 30,
1933		Theodore Roosevelt Jr.
Vicente Singson Encarnacion
Acting
April 30,
1933		July 24,
1934		Theodore Roosevelt Jr.
Vicente Singson Encarnacion
Acting
April 30,
1933		July 24,
1934		Frank Murphy
Elpidio Quirino
July 25,
1934		November 15,
1935		Frank Murphy

Secretary of Finance, Agriculture and Commerce (1941–1944)

President Manuel L. Quezon issued Executive Order No. 396 on December 24, 1941, reorganizing the Department of Finance as the Department of Finance, Agriculture and Commerce.
PortraitName
Took officeLeft officePresident
José Abad Santos
December 24,
1941		March 26,
1942		Manuel L. Quezon
Andrés Soriano
March 26,
1942		July 31,
1944		Manuel L. Quezon

Secretary of Finance (1944–1978)

President Sergio Osmeña issued Executive Order No. 15-W on August 8, 1944, creating the Department of Finance from the Department of Finance, Agriculture and Commerce.
PortraitName
Took officeLeft officePresident
Jaime HernandezAugust 8,
1944		May 27,
1946		Sergio Osmeña
Elpidio Quirino
May 28,
1946		November 24,
1946		Manuel Roxas
Miguel Cuaderno Sr.
November 25,
1946		January 2,
1949		Manuel Roxas
Miguel Cuaderno Sr.
November 25,
1946		January 2,
1949		Elpidio Quirino
Jaime HernandezJanuary
1949		January
1952		Elpidio Quirino
Aurelio Montinola Sr.January
1952		December
1953		Elpidio Quirino
Jaime HernandezDecember
1953		January
1960		Ramon Magsaysay
Jaime HernandezDecember
1953		January
1960		Carlos P. Garcia
Dominador Aytona
January 25,
1960		December 29,
1961		Carlos P. Garcia
Fernando SisonJanuary 2,
1962		July 31,
1962		Diosdado Macapagal
Rodrigo PerezAugust 1,
1962		January 7,
1964		Diosdado Macapagal
Rufino HechanovaJanuary 8,
1964		December 13,
1965		Diosdado Macapagal
Eduardo Romualdez
January 1,
1966		February 4,
1970		Ferdinand Marcos
Cesar Virata
February 9,
1970		June 2,
1978		Ferdinand Marcos

Minister of Finance (1978–1987)

President Ferdinand Marcos issued Presidential Decree No. 1397 on June 2, 1978, converting all departments into ministries headed by ministers.
PortraitName
Took officeLeft officePresident
Cesar Virata
June 2,
1978		March 3,
1986		Ferdinand Marcos
Jaime Ongpin
March 26,
1986		February 11,
1987		Corazon Aquino

Secretary of Finance (from 1987)

President Corazon Aquino issued Administrative Order No. 15 on February 11, 1987, converting all ministries into departments headed by secretaries.
PortraitName
Took officeLeft officePresident
Jaime Ongpin
February 11,
1987		September 14,
1987		Corazon Aquino
Vicente JaymeSeptember 15,
1987		December
1989		Corazon Aquino
Jesus EstanislaoJanuary 1,
1990		June 30,
1992		Corazon Aquino
Ramon del RosarioJuly 1,
1992		June 1,
1993		Fidel V. Ramos
Ernest LeungJune 2,
1993		January 31,
1994		Fidel V. Ramos
Roberto de OcampoFebruary 1,
1994		March 30,
1998		Fidel V. Ramos
Salvador EnriquezApril 1,
1998		June 30,
1998		Fidel V. Ramos
Edgardo Espiritu
July 1,
1998		December 31,
1999		Joseph Estrada
Jose PardoJanuary 2,
2000		January 20,
2001		Joseph Estrada
Alberto Romulo
January 23,
2001		June 30,
2001		Gloria Macapagal Arroyo
Jose Isidro Camacho
June 30,
2001		November 30,
2003		Gloria Macapagal Arroyo
Juanita Amatong
December 1,
2003		February 14,
2005		Gloria Macapagal Arroyo
Cesar Purisima
February 15,
2005		July 15,
2005		Gloria Macapagal Arroyo
Margarito Teves
July 22,
2005		June 30,
2010		Gloria Macapagal Arroyo
Cesar Purisima
June 30,
2010		June 30,
2016		Benigno Aquino III
Carlos Dominguez III
June 30,
2016		June 30,
2022		Rodrigo Duterte
Benjamin Diokno
June 30,
2022		January 12,
2024		Bongbong Marcos
Ralph Recto
January 12,
2024		November 17,
2025		Bongbong Marcos
Frederick GoNovember 17,
2025		IncumbentBongbong Marcos