Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. (right) welcomes new Monetary Board Member (MBM) Jose L. Querubin, who took his oath of office at the BSP head office in Manila on 05 September 2024. Courtesy: BSP

Jose L. Querubin

Jessica Fenol

ABS-CBN News

<div><span class="fr-img-caption fr-fic fr-dib" style="width:900px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/1725597052907bsp.jpg" style="width:900px" class="fr-fic fr-dib"/><span class="fr-inner" style="text-align:left"><span id="isPasted" style="color:rgb(51, 51, 51);letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:pre-wrap;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. (right) welcomes new Monetary Board Member (MBM) Jose L. Querubin, who took his oath of office at the BSP head office in Manila on 05 September 2024. Courtesy: BSP</span> </span></span></span></div><div><br id="isPasted"/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">MANILA – The Bangko Sentral ng Pilipinas on Friday said new Monetary Board Member Jose Querubin took his oath of office on Sept. 5. </span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">BSP Governor Eli Remolona welcomed Querubin during the ceremony held at the central bank&#x27;s headquarters.</span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">Querubin completes the 7-member Monetary Board. He will serve until July 2, 2026, the BSP said.</span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">Prior to his appointment as an MB member, the seasoned banker served in various posts including United Coconut Planters Bank&#x27;s president and CEO, ASEAN Finance Corp board member, Bank of America Senior Vice President and Asia Regional Sales Director and Country Manager-Managing Director for the Philippines, and Solid Bank Corp Executive Vice President. </span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">He also served as Megalink President and CEO as well as Bankers Association of the Philippines Secretary.</span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">Querubin holds an MBA from the Wharton Business School, University of Pennsylvania and bachelor&#x27;s degrees in Mathematics (Cum Laude) and Mechanical Engineering from De La Salle University.</span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">Several members of the BSP&#x27;s highest-policy making body resigned after reports of &quot;ghost employees&quot; in the central bank. The results of the </span> <a href="https://news.abs-cbn.com/business/2024/5/17/bsp-conducts-probe-after-reports-of-ghost-employees-1548"></a><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"><a href="https://news.abs-cbn.com/business/2024/5/17/bsp-conducts-probe-after-reports-of-ghost-employees-1548">investigation</a></span><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"> on the matter have not been made public yet.</span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"><a href="https://news.abs-cbn.com/business/2024/5/28/bsp-says-5-of-6-staffers-in-ghost-employees-scandal-resigned-but-cases-proceed-1500">BSP says 5 of 6 staffers in ‘ghost employees’ scandal resigned but cases proceed</a></span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"><iframe width="1101" height="619" src="https://www.youtube.com/embed/GDJq2wf2Vfw" title="BSP conducts probe after reports of &#x27;ghost employees&#x27; | ANC" frameBorder="0" allowfullscreen=""></iframe></span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">Prior to Querubin&#x27;s appointment, President Ferdinand Marcos Jr. also appointed former BDO executive and veteran banker Walter Wassmer to the policy-making body.</span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">Completing the board are MB Chairman Remolona, members Finance Secretary Ralph Recto, Former BSP Governor Benjamin Diokno, Romeo Bernardo, and former National Treasurer Rosalia De Leon.</span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"><a href="https://news.abs-cbn.com/business/2024/7/12/former-bdo-exec-joins-bsp-monetary-board-1602">Former BDO exec joins BSP Monetary Board</a></span></div><div><br/></div>

<p>The Bangko Sentral ng Pilipinas on Friday said new Monetary Board Member Jose Querubin took his oath of office on Sept. 5.</p>

The Bangko Sentral ng Pilipinas on Friday said new Monetary Board Member Jose Querubin took his oath of office on Sept. 5.

Veteran banker Jose Querubin completes BSP's 7-member Monetary Board | ABS-CBN

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Veteran banker Jose Querubin completes BSP's 7-member Monetary Board

Veteran banker Jose Querubin completes BSP's 7-member Monetary Board

Jessica Fenol,

ABS-CBN News

Published Sep 06, 2024 12:36 PM PHT

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Updated Sep 06, 2024 01:25 PM PHT

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