'No-nonsense' SEC under Chair Lim

New Securities and Exchange Commission (SEC) Chairman Francis Ed. Lim aims to transform the commission into “a no-nonsense regulator—firm when necessary, but always fair, efficient, reliable, and professional.”

- JAMES A. LOYOLA

Lim officially took over on June 10, 2025, from Emilio B. Aquino after the end of his seven-year term. President Ferdinand R. Marcos Jr. named Lim to the top position of the country’s company registrar and securities regulator on June 3.

During the turnover ceremony, the former Philippine Stock Exchange (PSE) president said, “I thank those who came before me—especially Chairperson Emil Aquino, who led the Commission over the past seven years...

“I commend your vision and commitment to transforming the SEC through SuperVision 2028. It is a bold, forward-looking roadmap, and we will carry it forward and refine it when needed or appropriate.

“But let me be clear: proper execution is key and foremost—because vision without delivery is simply aspiration. Execution is where we will focus our energies.”