• Moncupa endorsed as next BSP governor

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    The Partido Demokratiko Pilipino-Lakas ng Bayan (PDP-Laban) party is set to formally endorse banker Antonio Moncupa Jr. to be the next governor of the Bangko Sentral ng Pilipinas (BSP).

    Senate President Aquilino Pimentel 3rd, president of the ruling PDP-Laban party, said Moncupa, who heads EastWest Bank, is the most qualified candidate to head the monetary authority.

    “I believe Mr. Moncupa has all the qualities required to lead the central bank in this period of challenge and change. He is an experienced banker whose knowledge of the financial markets is matched only by his unquestionable integrity and character and passionate nationalism,” Pimentel said.

    Moncupa

    The party will make the endorsement to President Rodrigo Duterte, chairman of PDP-Laban, the Senate chief said.

    Moncupa, a former activist and political detainee, heads the PDP Laban policy think-tank.

    Pimentel said Moncupa is highly capable and knowledgeable about financial and monetary policies, which would allow him to manage inflation and keep the foreign exchange market stable.

    “It is time for bold and innovative leadership at the BSP. It can no longer be ‘business as usual’ in government, particularly at the central bank which is the overseer of the country’s financial system,” he added.

    Pimentel also said Moncupa would foster a “more responsive and vigilant banking industry through a reinvigorated BSP.”

    PNA

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    1 Comment

    1. Sino na naman itong si Moncupa? Galing sa East West Bank? Ano itong East West Bank na hinawakan nito? Ito ba ay nasa categoria ng mga BDO, Metrobank, Land Bank o PNB? kahit man lang kategoria ng RCBC, Security Bank o Union Bank? Siya ba nangaling at namasukan at nakakuha ng pagsasanay sa mga Multinational Banks katulad ng CITIBANK, HSBC o Chartered Bank. Baka naman sino lang kamoteng kahoy itong isinasaksak sa lalamunan natin nitong si Senador Pimentel at gustong pamunuin sa Bangko Sentral natin. Napakaselan na trabaho ito, lalo na itong mga darating na buwan at taon dahil sa problema sa Euro at itong napipintong problema sa Federal Reserve ng Amerika. Isama mo na dito ang napipintong pagbagal ng pandaigdigan kalakal. Pagpumutok lahat ito at ang gobernador ng Bangko Sentral natin ay mahina, baka sa kangkungan pulutin ang Peso. Kaya Senador Pimentel, tigilan mo na ang politika sa ganitong sensitibong puwesto. Kumuha tayo ng mga shortlist na rekomendado ng mga Bankers association of the Philippines at mga sari-saring association ng negosyo sa pilipinas. Ito ang dapat magrekomenda at hindi ang partido poliikal.