00:01Former Philippine Prime Minister and long-time finance chief Cesar Virata dies on Friday,
00:06October 2. He was 95. Virata was a prominent economic technocrat and a central figure in
00:12economic policymaking during the Marcos dictatorship. He served as secretary and
00:16later minister of finance from 1970 until the fall of Ferdinand E. Marcos in 1986.
00:21He was also prime minister from 1981 to 1986 and held senior positions in economic planning,
00:27the Board of Investments, Monetary Board, Land Bank of the Philippines, and Philippine National Bank.
00:33The Rizal Commercial Banking Corporation confirms Virata's death in a disclosure to the Philippine
00:38Stock Exchange. Virata served as an RCBC director since 1995 and had been the bank's corporate
00:43vice chairperson for 26 years.
