Union Bank of the Philippines led by bankero Edwin Bautista lost two top executives to resignations effective next month.
The Bankers Association of the Philippines (BAP) welcomed the nomination of Bangko Sentral ng Pilipinas Governor Benjamin Diokno as secretary of the Department of Finance (DOF) and seasoned Monetary Board Member Felipe Medalla as the new central bank governor.
Gotianun-led East West Banking Corp. has overhauled its management team as veteran bankero Tony Moncupa is set to step down as president and CEO of the bank.
Monetary Board Member and former Socioeconomic Planning Secretary Felipe Medalla is taking over as governor of the Bangko Sentral ng Pilipinas (BSP) effective July 1 to replace Benjamin Diokno who was tapped as Finance Secretary by President-elect Ferdinand “Bongbong” Marcos Jr.
The Makati Business Club (MBC) welcomed the composition of the economic team under the incoming administration of President-elect Ferdinand “Bongbong” Marcos Jr.
Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno has accepted the invitation of President-elect Ferdinand Marcos Jr. to serve as Finance Secretary of the incoming administration.