Biography
Rolando U. Toledo
Mr. Rolando U. Toledo currently serves as the Acting Secretary of the Department of Budget and Management (DBM) of the Republic of the Philippines. In this capacity, he serves as the government’s steward of public funds, overseeing the preparation, execution, and monitoring of the national budget to ensure resources are allocated efficiently and aligned with development priorities. As a Cabinet member, the Secretary advises the President on fiscal policy, directs budgetary planning and expenditure management, and ensures transparency and accountability in the use of public resources. The role also involves coordinating with agencies to improve performance reporting, linking budget allocations to measurable outcomes, and promoting evidence-based decision-making to strengthen good governance and service delivery.
Throughout his distinguished career, Secretary Toledo has demonstrated exceptional leadership and dedication to public service. He began his journey at the Department of Budget and Management (DBM) as an Accounts Analyst and steadily rose through the ranks to hold some of the agency’s most critical leadership roles. His notable appointments include Director of the Fiscal Planning and Reforms Bureau in 2012, Assistant Secretary in 2018, and Undersecretary of the Budget Policy and Strategy Group in 2021. In 2022, he served as Supervising Official of the Local Government and Regional Operations Group, and in 2024, he assumed the role of Undersecretary for the Budget Preparation and Execution Group.
Mr. Toledo’s leadership is underpinned by both technical expertise and strategic insight. He is a Certified Public Accountant, with graduate studies in Development Economics from the University of the Philippines School of Economics, and holds a Master’s degree in National Security Administration from the National Defense College of the Philippines. This unique combination of financial acumen and national security perspective enables him to approach the national budget not merely as a financial document, but as a powerful tool for promoting inclusive economic growth, strengthening social protection, and safeguarding national interests.
With nearly four decades of dedicated public service, Mr. Toledo exemplifies a steadfast commitment to fiscal responsibility, evidence-based policymaking, and institutional integrity within the Philippine bureaucracy.