Dr. Federico M. Macaranas has a career spanning business, academe and government. At the Asian Institute of Management (AIM), he was designated as Full Professor, having taught and acted as Dean of the Center for Development Management for many years. Also, he used to head the AIM Policy Center, the Institute's think-tank specializing on competitiveness.
He formerly served the government under the Department of Foreign Affairs as Assistant Secretary for Foreign Affairs during the Aquino Administration and Undersecretary for Economic Affairs under the Ramos Administration wherein he also served as the Chairman of the 1996 Senior Officials Meeting of the Asia-Pacific Economic Cooperation (APEC) held in Subic.
In the field of business, he was President of Clemente Holdings (Asia) Ltd. From 1997 to 2000 and served as senior adviser on direct investments and mutual funds and economic adviser to the First Philippine Fund (New York).