Ernest Leung, former Finance secretary, passes away

ABS-CBN News

Posted at Nov 16 2019 09:11 PM | Updated as of Nov 17 2019 05:18 AM

Former Finance secretaries Ernest Leung (front) and Jesus Estanislao gesture as they listen during a World Bank video conference in November 2004. Aaron Favila, AP/file

Former Finance secretary Ernest Leung passed away on Friday, Carlos Dominguez, the department's current head, confirmed.

Dominguez said Leung, 80, died of malaria, which he contracted during a trip in Papua New Guinea.

Leung was Finance secretary from 1993 to 1994 under former President Fidel Ramos.

He was also a former president of the Philippine Stock Exchange and executive director of the World Bank.