Guest of Honor and Speaker's Profile

Mr. Amando M. Tetangco, Jr. is the Governor of the Bangko Sentral ng Pilipinas (BSP). He was reappointed for a second six-year term commencing July 4, 2011. As BSP Governor, he serves as Chairman of the Monetary Board, the BSP’s principal monetary policy-making body.

A career central banker, Governor Tetangco has been in the service of the BSP for four decades. Prior to his first appointment as Governor in July 2005, he was Deputy Governor in-charge of the Banking Services Sector, Economic Research and Treasury of the BSP. He also served as Alternate Executive Director of the International Monetary Fund in Washington, D.C. from 1992 to 1994.

As head of the BSP, Governor Tetangco is the Chairman of the Anti-Money Laundering Council (AMLC); Financial Stability Coordination Council; Financial Sector Forum; and Philippine International Convention Center. At the International Monetary Fund, he is the Governor for the Philippines while he is the Alternate Governor at both the World Bank (WB) and the Asian Development Bank (ADB). At the Bank for International Settlements (BIS), he is Chair of the Asian Consultative Council for a term of two years, that started April 2014 and Chair of the Meeting of Small Open Economies. Up until June 2015, he was also the Co-chair of the Financial Stability Board Regional Consultative Group for Asia. In September 2014, he completed his two-year term as Chair of the Alliance for Financial Inclusion (AFI) Steering Committee, for which he received an Honorary Award for excellent stewardship.

Governor Tetangco is credited with strengthening the BSP’s ability to promote growth and stability, which has led to the ideal convergence of low inflation and strong economic growth; and the promotion of a stable and more inclusive banking and financial system.

Also, during Governor Tetangco’s term, financial inclusion, financial education and consumer protection were institutionalized as BSP agenda. He chairs the Inclusive Finance Steering Committee, providing strategic direction and guidance on various inclusion related initiatives in the areas of (1) policy and regulation, (2) financial education and consumer protection, (3) data and measurement, and (4) advocacy programs. He also chairs the interagency steering committee for the National Strategy for Financial Inclusion (NSFI). The NSFI was launched in July 2015. Under the Governor’s leadership, related institutional reforms such as the creation of the National Retail Payment System and the development of a financial consumer protection framework are being put in place to ensure a more efficient and inclusive retail payment system and responsive and responsible financial institutions.

In 2014, AFI recognized the BSP’s concrete gains in achieving its financial inclusion commitments thru the Maya Declaration Award. In December 2015, the Economist Intelligence Unit cited the Philippines for the second straight year as the top country in Asia, and third in the world, with the most conducive environment for financial inclusion.

Governor Tetangco obtained his economics degree from the Ateneo de Manila University cum laude and his Master’s in Public Policy and Administration with concentration in Development Economics at the University of Wisconsin-Madison, USA as a Central Bank scholar.