Tetangco among central bank heads hailed by finance magazine

GOVERNOR Amando M. Tetangco Jr.

MANILA, Philippines–The international business magazine Global Finance has named Governor Amando Tetangco Jr. of the Bangko Sentral ng Pilipinas one of the world’s best central bankers for 2012.

Global Finance again gave Tetangco a grade of “A” for his leadership of the Philippine central bank, which is a key agency in steering the country’s economy. The magazine gave Tetangco an “A” in 2011.

Besides Tetangco, five other central bank heads were given an “A” this year: Australia’s Glenn Stevens, Canada’s Mark Carney, Israel’s Stanley Fischer, Malaysia’s Zeti Akhtar Aziz, and Taiwan’s Fai-Nan Perng.

US Federal Reserve Chair Ben Bernanke was given a grade of “B,” an improvement from last year’s “C.”