Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. reiterated on Tuesday the next central bank chief must be an insider and possess three major competencies to ensure a seamless change in BSP leadership.

“If you want a seamless transition in the BSP, the next governor should be one with central banking experience, an insider,” Tetangco replied when asked if he prefers an BSP insider or outsider as the next governor during a panel discussion on the sidelines of Chamber of Thrift Banks (CTB) 2017 Convention in Makati City.

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