The Maharlika Investment Corp. (MIC) has begun receiving applications for director positions, with Finance Secretary Benjamin E. Diokno revealing that submissions from expatriates are among those being considered.
While the independent director roles are open to both Filipinos and foreign nationals, the position of president and CEO, crucial for managing the Maharlika Investor Fund (MIF), must be held by a Filipino citizen.
The MIC’s board will comprise nine members, including regulatory directors and independent directors with expertise in finance, economics, investments, business management, or law, ensuring unbiased decision-making.