The young news veteran is officially stepping down from his post as desk editor after being offered an early retirement package by his home network.
The business news heavyweight, who was previously the anchor of 'Market Edge,' will be hosting a new interview program on the Cignal news channel.
Chavez will go head-to-head with fellow entertainment journalists from the UK, Australia and Northern Ireland.
Beginning January 9, De Castro will resume his anchor duties, joining Karen Davilla, Bernadette Sembrano and Henry Omaga Diaz.
The longtime Kapamilya newser will officially take over in January.