Felipe Medalla named incoming BSP Governor
The officers and staff of the Bangko Sentral ng Pilipinas (BSP) welcome the invitation of President-elect Ferdinand Marcos, Jr. for Monetary Board Member Felipe M. Medalla to serve as the new Governor of the BSP and Chairman of the Monetary Board (MB).
The incoming Governor will take the helm of the central bank beginning 01 July 2022 and will serve the remaining term of incumbent BSP Governor Benjamin E. Diokno until July 2023. Governor Diokno has likewise been named as Secretary of Finance of the incoming administration.
A Ph.D. holder in economics and an educator for more than four decades, Dr. Medalla was appointed as an MB member in July 2011 and was reappointed for another term in July 2017.
Prior to joining the MB, he was a professor and served as Dean of the University of the Philippines School of Economics (UPSE), as well as Vice President for Planning and Finance of the UP System.
Dr. Medalla was also Socio-Economic Planning Secretary and Director-General of the National Economic and Development Authority from 1998 to 2001; and a member of the Presidential Task Force on Tax and Tariff Reforms formed in 1994. https://bit.ly/BSPPR44
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