11th PDIC Chief is First Lady President

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Cristina Que Orbeta, the Officer-in-Charge of the Philippine Deposit Insurance Corporation (PDIC) since July 30, 2014, has been elected by the PDIC Board as President of the Corporation on November 12, 2014. She was earlier appointed as member of the PDIC Board by President Benigno S. Aquino III, vice former President Valentin A. Araneta who was appointed member of the Monetary Board. Ms. Orbeta is the 11th President of PDIC and the first lady President of the state deposit insurance agency.

Ms. Orbeta joined PDIC in 2005 and served as Executive Vice President supervising critical areas of PDIC operations namely examination and resolution, and receivership and liquidation of banks. She is the Chairperson of the Advisory Council of the APEC-Financial Regulatory Training Initiatives (APEC-FRTI) and was also recently elected as member of the Executive Council of the International Association of Deposit Insurers (IADI) in November 2014.

She spent almost three decades of her professional career in government service, briefly at the National Census and Statistics Office and National Grains Authority, before joining the former Central Bank of the Philippines and the Bangko Sentral ng Pilipinas where she served for 24 years. Prior to joining the PDIC, Ms. Orbeta was Deputy Senior Country Officer of Calyon Corporate and Investment Bank (Manila Offshore Branch) and Deputy General Manager of Credit Lyonnais (Manila Offshore Branch).

Ms. Orbeta graduated with a degree in Bachelor of Arts in Mathematics (Magna Cum Laude) from the University of the East. She completed her Master of Public Administration degree from Harvard University in 1987.