Marcos reappoints Wassmer, Querubin to BSP Monetary Board

MANILA, Philippines – President Marcos reappointed Walter Wassmer and Jose Querubin to the Monetary Board, the top policymaking body of the Bangko Sentral ng Pilipinas (BSP), extending their terms until July 2032.

Wassmer and Querubin were first appointed to the seven-member Monetary Board in July 2024 and September 2024, respectively.

READ: BIZ BUZZ: Wassmer’s Monetary Board debut

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“Since joining the Monetary Board in 2024, both Mr. Wassmer and Mr. Querubin have made invaluable contributions to the Board’s deliberations and decision-making,” BSP Governor Eli Remolona Jr. said in a statement on Friday.

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READ: BSP hikes policy rate by 25 bps to 4.75%

“Their expertise in financial markets, commercial banking, and risk management complements the Board’s strength in economics, public service, and business,” he added. /pai INQ

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