According to the U.P. System website at http://up.edu.ph/features.php?i=251
"The highlight of the ceremony will be the turnover of the University Mace, the symbol of authority of the UP presidency, by outgoing president, Emerlinda R. Roman, to the incoming president, Alfredo E. Pascual,"
"Pascual was elected by the UP Board of Regents last December. His term begins on February 10 and ends on February 9, 2017."
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