CWU Questions SSB CEO’s Sudden Exit

The Christian Workers Union (CWU) has expressed growing concern following the sudden and unexplained departure of the Chief Executive Officer of the Social Security Board, Dr. Leroy Almendarez.

In a statement, the CWU voiced frustration over the lack of transparency from the SSB Board. It stated, “SSB has yet to put out a credible narrative to explain why barely five months into his three-year contract, the CEO departed under dubious circumstances.”

Last week, SSB announced Dr. Almendarez’s departure and presented no official reason for his departure. In its announcement, SSB welcomed Jerome Palma as acting CEO. 

The union said, “History will record that initially SSB did not follow proper procedure when it linked hiring a CEO and a Deputy CEO. When the issue was raised, it was met with certain defiance from the Board, which stated that the legislation allows. The legislation, however, refers to an assistant CEO.”

The CWU added, “The absence of a clear and credible response from SSB’s Board causes more speculation and unease.”