Veteran Swiss-Filipino banker Walter Wassmer has known President Ferdinand Marcos Jr. since their grade school days at La Salle Green Hills
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Wassmer previously spent decades in senior positions at BDO Unibank, the Philippines’ biggest bank. He served as a consultant and non-executive director for BDO from April 2022 onwards. Before that, he was a senior executive vice president and head of the bank’s institutional banking group from 1997 to 2022.
He was described as a “top banker” in the Presidential Communications Office press release that announced his appointment on Thursday, July 11.
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