Rolando Toledo
Rolando Toledo | |
|---|---|
 Toledo in 2025 | |
| Secretary of Budget and Management | |
| Acting November 17, 2025 – May 18, 2026 | |
| President | Bongbong Marcos |
| Preceded by | Amenah Pangandaman |
| Succeeded by | Kim Robert de Leon |
| Undersecretary of the Budget and Management for the Budget Preparation and Execution Group | |
| In office 2024–2025 | |
| Personal details | |
| Born | Rolando U. Toledo |
| Party | Independent |
| Children | 3 |
| Education | |
| Profession |
|
Rolando "Rolly" U. Toledo is a Filipino bureaucrat who served as the acting Secretary of Budget and Management from 2025 to 2026, following the resignation of Secretary Amenah Pangandaman.
Early life and education
Toledo took his Bachelor of Science degree in business administration from the University of the East in 1984 and became a certified public accountant in 1985. He also took a master's degree in National Security Administration from the National Defense College of the Philippines in June 2024.[1]
Department of Budget and Management
Toledo entered the Department of Budget and Management (DBM) in 1987 as a budget analyst, a position he held until 2012. He served as the Director of the Fiscal Planning and Reforms Bureau from 2013.[1] In 2023, Toledo became an Assistant Secretary of the DBM.[2] The following year, he was appointed as the Undersecretary for the Budget Preparation and Execution Group.[3]
He has also served Assistant Secretary of the DBM for Local Government and Regional Operations, where he assisted in the supervision of the Local Government and Regional Coordination Bureau and regional offices in ensuring the budget and management policies were consistently implemented.[4]
Acting Secretary (2025–2026)
On November 17, 2025, President Bongbong Marcos accepted the resignation of Budget and Management Secretary Amenah Pangandaman, after the department was implicated in the flood control projects scandal.[5] Following her departure, Marcos appointed Toledo to lead the department as an officer in charge.[6][7] Upon taking office, Toledo stated that reforming the department would be a priority of his tenure.[8]
On December 9, Marcos swore in Toledo as acting secretary.[9] During his tenure, he oversaw the 2026 national budget, a plan he described as "clean, from the deliberation to the bicameral".[10] In January 2026, he approved the release of ₱1.19 trillion in National Tax Allotments to local government units for that fiscal year.[11]
On May 18, 2026, Marcos announced the appointment of Toledo as a trustee of the Government Service Insurance System following the appointment of Kim Robert de Leon as budget and management secretary.[12] He assumed his new role the following day, leaving the DBM after six months as acting secretary.[12]
Personal life
Toledo is married and has three children.[2]
References
- 1 2 Balonzo, Reinnard (2025-11-27). "Will Budget OIC Secretary Rolando Toledo make a difference?". Rappler. Retrieved 2025-11-28.
- 1 2 Cabato, Luisa (2025-11-17). "Who is DBM OIC Rolando Toledo?". INQUIRER.net. Retrieved 2025-11-28.
- ↑ Cabuenas, Jon Viktor D. (2025-11-17). "Who is Rolando Toledo, the new DBM head?". GMA News Online. Retrieved 2025-11-28.
- ↑ Cabuenas, Jon Viktor D. (2025-11-17). "Who is Rolando Toledo, the new DBM head?". GMA News Online. Retrieved 2026-01-25.
- ↑ Flores, Dominique Nicole (2025-11-17). "Bersamin, Pangandaman quit Marcos Cabinet; Recto, Go named to new posts". Philstar.com. Retrieved 2025-11-28.
- ↑ Ombay, Giselle (2025-11-17). "New DBM chief Toledo 'surprised' by appointment". GMA News Online. Retrieved 2025-11-28.
- ↑ "Two Marcos Cabinet ministers quit amid Philippine graft scandal". The Straits Times. 2025-11-17. ISSN 0585-3923. Retrieved 2025-11-28.
- ↑ Rosal, Derco (2025-11-24). "OIC DBM chief eyes faster budget releases, enhanced spending". Manila Bulletin. Retrieved 2025-11-29.
- ↑ Valente, Catherine S. (2025-12-11). "Toledo sworn in as acting Budget chief". The Manila Times. Retrieved 2025-12-28.
- ↑ Bergado, Gwen (2026-01-13). "Budget chief: 2026 budget is clean". Daily Tribune. Retrieved 2026-05-18.
- ↑ "DBM frontloads ₱1.2 trillion in local tax funds". Manila Bulletin. 2026-01-27. Retrieved 2026-05-18.
- 1 2 Geducos, Argyll Cyrus (2026-05-18). "Marcos names Kim de Leon new DBM chief; youngest budget secretary in history". Manila Bulletin. Retrieved 2026-05-18.