Marcos picks news BCDA board chairman

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MANILA, Philippines — President Ferdinand Marcos Jr. named lawyer Hilario Paredes as the new chairman of the Bases Conversion and Development Authority’s board of directors.

This was confirmed by Executive Secretary Lucas Bersamin.

The appointment of Paredes, who takes over from retired police general Thompson Lantion after just occupying the post only last September, took effect on October 28.

Prior to his new assignment, Paredes sat as a member of the BCDA board, North Luzon North Luzon Railway Corporation, Bonifacio Communications Corporation, Filinvest BCDA Clark, Inc., and Fort Bonifacio Development Corporation.

As a lawyer, Paredes specialized in banking and corporate finance, corporate law, infrastructure, telecommunications, mergers and acquisitions, taxation, immigration and law and employment, real property law and litigation.

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