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AMLC Leadership Through the Years: A Timeline of Key Appointments and Transitions

The Anti-Money Laundering Council (AMLC) has undergone significant changes in leadership over the years, with a total of 12 executive directors serving since its inception in 2001. This article takes a look at the timeline of key appointments and transitions that have shaped the organization’s history.

Early Years: Escobillo to Tetangco (2005-2010)

Establishment and Early Leadership

The AMLC was established in October 2005 under Executive Director Leonardo Escobillo. He served until August 2007, when he was succeeded by Eduardo T. Malinis.

Key Dates:

  • October 2005: AMLC establishment
  • August 2007: Eduardo T. Malinis succeeds Leonardo Escobillo as executive director

Malinis to Bacay-Abad (2010-2017)

Leadership Transition

Eduardo T. Malinis led the AMLC from August 2007 to July 2013, before being succeeded by Julia C. Bacay-Abad.

Key Dates:

  • August 2007: Eduardo T. Malinis becomes executive director
  • July 2013: Julia C. Bacay-Abad succeeds Eduardo T. Malinis as executive director
  • January 31, 2017: Julia C. Bacay-Abad’s term ends

Racela to David (2017-Present)

Leadership Changes

Mel Georgie B. Racela took over as officer-in-charge in February 2017 and was later confirmed as executive director in August 2017.

Key Dates:

  • February 2017: Mel Georgie B. Racela becomes officer-in-charge
  • August 2017: Mel Georgie B. Racela is confirmed as executive director
  • August 2022: Matthew M. David succeeds Mel Georgie B. Racela as executive director

Current Leadership

Current Executive Director

As of today, Atty. Matthew M. David is the current executive director of the AMLC, serving a five-year term from August 2022 to August 2027.

Organizational Structure

Key Components

The AMLC has undergone several reorganizations over the years, with the Detection and Prevention Department (DPD) and Investigation and Enforcement Department (IED) being key components of its operational structure. The council also has various functional groups and units under its Administrative and Financial Services Group (AFSG).

Key Laws and Rules

Relevant Legislation

The AMLC operates under several laws and rules, including:

  • Republic Act No. 9160
  • Republic Act No. 9194
  • Republic Act No. 10167
  • Republic Act No. 10365
  • Republic Act No. 10927

Conclusion

The Anti-Money Laundering Council has undergone significant changes in leadership over the years, with a focus on strengthening its operational structure and compliance with relevant laws and rules. As the organization continues to evolve, it remains committed to its mission of preventing and combating money laundering and terrorist financing in the Philippines.