AMANDO TETANGCO

Former Governor of Bank Indonesia

Amando Tetangco was the Bangko Sentral ng Pilipinas (BSP) Governor and the first BSP governor to serve two terms. Being the only person to have been appointed to serve for two terms, Amando Tetangco, Jr. has been the governor of Bangko Sentral ng Pilipinas (BSP) since 2005. Over the course of his career, Tetangco has managed to work towards delivering mandates of manageable inflation, a stable banking system, and inroads to financial inclusion. He has been recognized internationally as one of the best central bankers.

His term will conclude on July 2017, and on his last year as the governor, Asian Banking and Finance interviewed him to know more about his take on the latest trends and challenges in the country’s banking industry, his achievements, future plans, and the philosophies he lives by as he helms the BSP.

As governor, he is also the Chairman of the Monetary Board, Anti-Money Laundering Council and Philippine International Convention Center; Vice-Chairman of the Agriculture Credit Policy Council; Member of the Capital Market Development Council, Export Development Council, PhilExport Board of Trustees, Philippine Export-Import Credit Agency; and Director of Philippine Deposit Insurance Corporation, National Development Council and National Home Mortgage Finance Corporation.

Tetangco is a career central banker, having joined the BSP in 1974 after working for an accounting firm for about a year. He was Alternate Executive Director of the International Monetary Fund in Washington from 1992-1994. He studied economics at the Ateneo de Manila University, graduating cum laude, and holds an MA in Public Policy and Administration at the University of Wisconsin.