CLARK FREEPORT ZONE (CIAC-CCO, 14 June 2023)⸺The state-run aviation firm Clark International Airport Corp. on Wednesday announced the designation by the board of directors of Nancy Paglinawan as officer-in-charge of the agency.
Paglinawan is the CIAC’s current Vice President for Finance and will act as the agency’s interim president in lieu of Joshua Bingcang who served as the agency’s president since March 17 but was appointed by President Ferdinand Marcos Jr. on June 8 as president and chief executive officer of the Bases Conversion and Development Authority (BCDA).
CIAC is a subsidiary of the BCDA while the Department of Transportation exercises policy supervision and operational control over the CIAC.
Paglinawan is a certified public accountant by profession who holds a Master’s degree in management from the University of the Philippines, and served as state auditor in various government agencies before leading the CIAC’s financial team in 2012.
She was appointed CIAC’s vice president for finance in 2020 and, in spite of the decline in the agency’s revenues because of the privatized airport operations, Paglinawan enabled the CIAC to pay all of its outstanding bank loans and remit a record number of dividends to the national treasury.
CIAC is the government corporation managing the 2,367-hectare Clark Civil Aviation Complex, home to the Clark International Airport, and host to the mixed-use commercial hub Clark Global City and other locators engaged in manufacturing, information and technology, renewable energy, and other non-aviation-related industries.