| CEO Name | Jovy C. Bernabe |
| Nationality | Philippines |
| Net Worth Estimation | $1 million |
Jovy C. Bernabe, current CEO of the Philippine Crop Insurance Corporation, has an estimated net worth of around $1 million, primarily sourced from his government salary, allowances, and decades of career service in various executive government positions. Official public asset disclosure (SALN) records and reported remunerations contribute to estimating his current financial standing.
Jovy C. Bernabe, CEO of the Philippine Crop Insurance Corporation, has an estimated net worth of $1,000,000, which is 50% of the maximum estimated CEO net worth in the government category ($2,000,000). His net worth also matches the minimum estimation for CEOs in this category.
Business Category: Government
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 2000000 USD
Jovy C. Bernabe Performance in Philippine Crop Insurance Corporation
Jovy C. Bernabe, CEO of Philippine Crop Insurance Corporation, demonstrates strategic leadership by implementing innovative risk management and insurance solutions tailored for Filipino farmers. His decisive approach streamlines decision-making processes, enhancing operational efficiency and expanding coverage, thereby increasing the corporation's financial stability and outreach. Under Bernabe's leadership, PCIC has significantly improved its impact on agricultural risk mitigation, contributing to greater farmer resilience and sustainable agricultural development in the Philippines.
Latest News
Philippine Crop Insurance Corporation Seeks P8 Billion Subsidy to Expand Coverage for 4.2 Million Farmers
Agriculture Secretary and concurrent PCIC Board Chair Francisco P. Tiu Laurel Jr. urges Congress to double the crop insurance subsidy to P8 billion, aiming to insure 4.2 million agricultural workers--chiefly rice farmers--by 2026, as current funding covers only 2.3 million with inadequate per-hectare payouts. Tiu Laurel emphasizes that higher, realistic coverage is critical as climate change and market volatility escalate risks for Filipino farmers.
Source: http://www.da.gov.ph/da-chief-seeks-higher-crop-insurance-subsidy-of-p8b-to-cover-4-2m-agri-workers/