Carlo Luis P. Rabat
Vice-Chairperson
National Home Mortgage Finance Corporation

 

Carlo Luis Peralta Rabat is the current President and CEO of the National Home Mortgage Finance Corporation (NHMFC).

He has a long record in public service and immersion in housing and social amelioration programs, having served in various elective positions as Mayor of the City of Mati, Davao Oriental from 2013 to 2019, and Vice-Mayor immediately prior to becoming its Chief Executive.

He was a proponent of Local Development, Business-Friendliness and Competitiveness, and Good Executive Housekeeping as he steered the City to be conferred for the first time the prestigious Seal of Good Local Governance (SGLG) by the Department of the Interior and Local Government (DILG), consecutively in 2016 and 2017. The City was recognized in 2014 by the Department of Agriculture (DA) and World Bank-funded Mindanao Rural Development Program (MRDP) as the Best Performing Local Government Unit in the Region in the Implementation of the Community Fund for Agricultural Development, and the Most Outstanding City Project Implementing Unit. Throughout his terms of office, the City Government of Mati received several notable awards from the DILG and other National Government Agencies.

As an advocate of shelter initiatives, Mr. Rabat prioritized as a Flagship Program the need to address the plight of the City's around 17,000 families considered as low-income, informal settlers or those residing in danger zones.

He was able to plan and source the funding requirement for the acquisition and development of fifty (50) hectares of properties. He also secured the approval of a loan from the Development Bank of the Philippines for the acquisition of numerous lands for housing and land development intended to serve as relocation sites. He also established a Housing Development Program that benefitted both the low and middle-income constituents, including other qualified government employees.

Before becoming a Mayor, Mr. Rabat won as an independent Davao Oriental Board Member in 1998, and on his 2nd term in 2001, garnered the highest number of votes thereby becoming the Senior Board Member in the entire province. He was chosen as Chairman of the Provincial Committee on Housing and Urban Development — which served him in good stead in later Executive functions.

During the period, he was elected Regional Chairman (Xl) of the National Movement of Young Legislators (NMYL) composed of the country's promising and prominent young lawmakers. He further engaged in sports and civic activities, including becoming the Provincial Chairman of the Boy Scouts of the Philippines.

He is in fact familiar and at home with non-political sectors and corporate dynamics given his work in various private capacities pre-dating his electoral forays, from 1988 — 1994, after graduating from Ateneo de Davao University. 

He was a Technical and Program Analyst in the firm of Sycip, Gorres, Velayo & Co. (SGV & Co.) Management Services Division in Makati — known for its assurance, tax, transaction and advisory services. He also worked in the Corporate Planning Departments of Crown Fruits, Inc. as Technical Analyst, and at Anflo Management and Investment Corporation {ANFLOCOR), as Project Analyst. His works involved preparation of feasibility studies, assessing business proposals and financial viabilities, where the latter group of companies (ANFLOCOR) is also engaged in, among others, financing and real estate development.