Marcos appoints top banker as Monetary Board member

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MANILA, Philippines — President Ferdinand Marcos Jr. appointed top banker Walter Wassmer to join the Banko Sentral ng Pilipinas Monetary Board, Malacañang announced Thursday.

Presidential Communications Secretary Cheloy Garafil said the President signed Wassmer’s appointment paper on Wednesday.

Before joining the public sector, Wassmer was a consultant and non-executive director of the BDO Unibank, Inc. from 2022.

He also served as the senior EVP and Institutional Banking Group head from 1997 to 2022 in the same bank.

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