Palace appoints 2 new Monetary Board members

/ 04:07 AM July 29, 2020

Anita Linda Aquino

President Duterte has named V. Bruce Tolentino and Anita Linda Aquino as full-time private sector representatives to the seven-member Monetary Board, the highest policy-making body of the Bangko Sentral ng Pilipinas (BSP).

Tolentino—who first joined the board on June 18, 2018—will have a fresh term of six years after serving the unexpired balance of the term of Valentin Araneta, who passed away in February 2018.


Before his appointment to the Monetary Board, Tolentino worked as deputy director general of the International Rice Research Institute. He was also chief economist and country representative at The Asia Foundation, senior technical adviser at the Agriculture and Natural Resources of the Catholic Relief Services, and senior economic policy adviser at the Asian Development Bank.

V. Bruce Tolentino

Incoming Monetary Board member Aquino, meanwhile, was a member of the board of directors of Philippine Deposit Insurance Corp., (PDIC) representing the private sector.


Most recently, she also represented PDIC as board adviser to the United Coconut Planters Bank.

Moreover, Aquino served as Department of Finance chief of staff and held key positions at Standard Chartered Bank Manila, Rizal Commercial Banking Corp., Citicorp

Investment Bank in Singapore and Citibank NA Manila.

“The BSP welcomes their appointment and looks forward to their contribution in the fulfillment of the [its] mandates,” the central bank said in a statement on Tuesday. —DAXIM L. LUCAS INQ

Subscribe to Inquirer Business Newsletter
Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Business, Monetary Board members
For feedback, complaints, or inquiries, contact us.

© Copyright 1997-2020 | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.