Of central banking, art, legacies | Inquirer Business

Of central banking, art, legacies

/ 12:18 AM June 11, 2017

Governor Amando Tetangco Jr.

The launching by the Bangko Sentral ng Pilipinas of the books “Philippine Central Banking: A Strategic Journey to Stability” and “Likha: Enduring Legacies of Filipino Artistry” attracted a multisectoral crowd of bankers, government officials, diplomats, educators, and representatives from the cultural community and the media.

The book Journey to Stability was written by BSP officials with broad and deep experience in the science and the art of central banking: BSP Governor Amando M. Tetangco Jr. wrote about Stability: What it Means for Central Banks; Deputy Governor (DG) Nestor A. Espenilla Jr, on Transformation and Reform of the Banking System; and Deputy Governor Diwa C. Guinigundo on Implementing a Flexible Inflation Targeting. Other writers include Assistant Governor (AG) Ma. Ramona GDT Santiago; AG Dahlia D. Luna; former DG Vicente Aquino; Managing Director Francisco Dakila Jr.; and AG Johnny Noe Ravalo.


Likha celebrates our cultural heritage by showcasing the BSP’s decorative arts collection which include intriguing pre-Hispanic pottery, finely-crafted Hispanic gold jewelry, expressive religious art, exquisite embroidery and cleverly designed. The editorial team included Dr. Jaime C. Laya who wrote the introduction, Ramon Villegas, Esperanza Bunag-Gatbonton, Cora Alvina, Cynthia Valdes and Martin Tinio,Jr.

Governor Tetangco said history must inform our country’s journey so that we can learn from the past and be better and stronger for the future.


“Together, the books provide a better understanding of who we are as a people, what we have achieved and what we can achieve,” Tetangco said.

Standing from left: Edwin Bautista, BG Hernandez, Former MB Melito Salazar Jr., Jay Bautista, Marily Orosa former Central Bank Governor and book author Dr. Jaime Laya, BSP Consultant Fe Dela Cruz, Monetary Board member Juan De Zuniga Jr. and Photographer Wyg Tysman. Seated from left: Cynthia Ongpin Valdes, Martin Tinio Jr., Corazon Alvina, and Dr. Esperanza Gatbonton

From left: Former Prime Minister Cesar Virata, Deputy Governor Nestor Espenilla Jr., Washington Sycip of SGV & Co. and Governor Amando Tetangco Jr.

From left: Governor Amando Tetangco Jr., Jaime Augusto Zobel De Ayala and PNB’s Reynaldo Maclang

From left: Emilio De Quiros Jr., Monetary Board Member Valentin Araneta and Former Monetary Board Member Melito Salazar Jr.

From left: Monetary Board Member Alfredo Antonio, Philippine Veterans Bank’s Roberto De Ocampo and Philippine National Bank Reynaldo Maclang

Governor Amando Tetangco Jr. , Ombudsman Conchita Carpio Morales

Governor Amando Tetangco Jr. (right) Deputy Governor Nestor Espenilla Jr. (left)

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TAGS: Bangko Sentral ng Pilipinas, book, BSP Governor Amando M. Tetangco Jr., Journey to Stability, Philippine Central Banking
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