Marcos appointed him as the Philippines ' Ambassador to Japan and put him in charge of the Philippine National Bank ( PNB ) , the Philippines ' largest state - owned bank .
Benedicto 's business interests grew significantly when Ferdinand Marcos became president .
Ferdinand Marcos appointed Benedicto as the Philippines ' Ambassador to Japan and put Benedicto in charge of the Philippine National Bank ( PNB ) , the Philippines ' largest state - owned bank .
Benedicto 's business interests grew significantly when Ferdinand Marcos became president .