Monetary Board member Eli M. Remolona has been named Bangko Sentral ng Pilipinas’ (BSP) seventh governor on Friday, June 23, as announced by the Presidential Communications Office (PCO). ManilaBulletin
Remolona is currently a member of the BSP's Monetary Board since August 2022.
Monetary Board member Eli M. Remolona has been named Bangko Sentral ng Pilipinas’ seventh governor on Friday, June 23, as announced by the Presidential Communications Office . Medalla in a statement late Friday said he is grateful for the "chance to serve" and that it was "by far, the best opportunity that I have received to truly make an"I am honored to turn over the reins of the institution to my Monetary Board colleague Eli Remolona who is fully capable of leading the central bank in pursuing its mandates of promoting price and financial stability, and a safe and efficient payments and settlements system,” he also said.
since the New Central Bank Act of 1993 was enacted to replace the old Central Bank of the Philippines. He was the Director of Central Banking and a Professor of Finance at the Kuala-Lumpur-based Asia School of Business, which was established in 2015 as a partnership between Bank Negara Malaysia and the MIT Sloan School of Management.
Based on his latest biodata, Remolona has “extensive policy and operational experience in central banking, economic policy, international finance and financial markets”.
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