MANILA – President Ferdinand R. Marcos Jr. has appointed top banker Walter Wassmer to join the seven-member Monetary Board, the highest policy-making body of the Bangko Sentral ng Pilipinas (BSP), the Palace announced on Thursday.
According to a Presidential Communications Office (PCO) news release, Wassmer was appointed as a member of the central bank's policy-setting board on Wednesday.
Before his appointment, Wassmer was a consultant and non-executive director of BDO Unibank, Inc. from 2022 to the present.
He was also senior EVP and Institutional Banking Group head in the same bank from 1997 to 2022.
Wassmer also served as senior vice president of Far East Bank and Trust Co. from 1986 to 1997, assistant vice president of Union Bank of the Philippines from 1983 to 1986, corporate account officer at Bancom Finance Corp. from 1980 to 1982, and corporate account officer at IFC Leasing and Acceptance Corp. from 1979 to 1980. (PNA)
