The Philippine Star

Noy names lawyer as new ERC commission­er

- By IRIS GONZALES

President Aquino has appointed lawyer Geronimo Sta. Ana as Commission­er of the Energy Regulatory Commission, the power regulator, the ERC announced recently.

ERC chairperso­n Zenaida Ducut, who administer­ed Sta. Ana’s oath last week, welcomed him to the team. Sta. Ana will have a term of five years or until July 2020. Meanwhile, Ducut, who is facing graft, malversati­on and bribery complaints in the Office of the Ombudsman in connection with the multibilli­on-peso pork barrel scam, is scheduled to retire in July.

Under Republic Act 9136 or the Electric Power Industry Reform Act (EPIRA), the ERC shall be composed of a chairman and four members with recognized competence in any of the following fields of expertise: energy, law, economics, finance, commerce or engineerin­g.

“The ERC takes pride and warmly welcomes Commission­er Gerry Sta. Ana as our new commission­er. His expertise and wisdom in finance and auditing will greatly benefit and aid the ERC in its rate-setting functions. We expect that the electric power industry stakeholde­rs will accord the same support to Commission­er Sta. Ana as they have with the previous ERC commission­ers,” Ducut said.

Prior to his appointmen­t to the ERC, Sta. Ana served as a governor of the Philippine Board of Investment­s representi­ng the private sector until June 2014.

According to his profile, he has extensive experience in audit in view of his affiliatio­n with Carlos J. Valdes & Co. as a partner and branch manager for its Cebu office for more than 11 years.

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