TRUE GENIUS

FULLY appreciative of his contributions and what he had done to the financial sector and to the country’s economy as a whole, the highly respected The Asian Banker has recently handed outgoing BSP Governor Amando M. Tetangco Jr. a lifetime leadership achievement award.

In bestowing the award, The Asian Banker chair Emmanuel Daniel lauded Tetangco for playing the central role in helping the Philippines transform from a speculative to an investment-grade economy.

“[Tetangco] made a huge difference… lifting his country to becoming investment grade and stepping high and tall in the league of nations,” Daniel said  while also describing him as “one of the most respected and highly regarded regulators to hail from Asia.”

As a consequence of his personal achievements, the BSP as an institution was also named by The Asian Banker as the best macroeconomic regulator in Asia-Pacific, the government’s Investor Relations Office (IRO) said in a statement.

Indeed, Tetangco deserves all the recognitions he is getting from various institutions and bodies as he prepares to leave the BSP in less than a month.

Tetangco’s unprecedented second term will end on July 2 but if President Duterte could have his way, he was believed to be bent on appointing him to a third term. Instead he will be replaced by BSP Deputy Governor Nestor A. Espenilla Jr.

In his stint as governor beginning 2005, he gave the BSP a face where his people and the country can rally from with his skillful handling of the Philippines’ economic policies.

Because of his astute steering of the BSP ship, the country has managed to weather all the headwinds and attained the status of one of the most sustainable and fast developing economies in the whole of Asia.

Tetangco is indeed a true genius and because of his unconventional yet effective leadership, he was able to create an environment that is conducive for sustainable economic growth.

In accepting his award, Tetangco said he was sharing the same with the men and women of the BSP adding that he was convinced that aiming for more inclusive economic growth is a fitting anchor to public service

Truly, Espenilla will have big shoes to fill once he assumes Tetangco’s post, but this paper believes that having been under the long tutelage of his boss, the former will live up to the high expectations.

The thing however is Espenilla should prove that he is equal if not better than Tetangco. 

And that is quite a huge mountain to scale.

Like us in Facebook

Features

Latest News

Remittances surge to $10.4-B in 1st 4 months of 2018

    By Rose de la Cruz   Remittances from overseas Filipinos rose to $10.4 billion in January to April 2018, up by 4 percent hitting $2 billion... Read More...
BOP deficit to worsen to $3.1 billion in 2018

  By Rose de la Cruz   The Bangko Sentral ng Pilipinas projected that the balance of payment this year would worsen to $3.1 billion, equivalent to... Read More...
Bong still unsure of Senate run

Should he stay or should he go?  This is the question that Special Assistant to the President Christopher “Bong” Go is trying to answer and... Read More...
IMAGE In the know: Solar Philippines

Solar Philippines is currently the country’s – and Southeast Asia’s – largest solar-energy company. Founded in August 2013 by Leandro... Read More...
Wrong Dream Girl and Other Laughs

Wrong Dream GirlA FROG telephones the Psychic Hotline. His Personal Psychic Advisor tells him, "You are going to meet a beautiful young girl who will... Read More...
Confession Code and other laughs

Confession Code AN old priest who became sick of all the people in his parish who kept confessing to adultery said one Sunday, in the pulpit,"If I... Read More...
IMAGE PAGIGING MAKABAYAN

KAMAKAILAN ay tumawag ng atensyon ang plano ni Sen. Manny Pacquiao na maghain ng panukalang batas na naglalayon na isama bilang bahagi ng curriculum... Read More...
IMAGE PUTULIN ANG MONOPOLYO NG MERALCO!

SUPORTADO nang ibat-ibang consumer group kabilang na ang Institute for Consumer Research and Empowerment (ICORE) ang panukalang dapat putulin na ang... Read More...

Our Guests

Today88
Yesterday778
This week2361
This month15175
Total977808

Visitor Info

  • Your IP: 54.145.103.69

Who Is Online

23
Online

Wednesday, 20 June 2018
© 2016 OpinYon News Magazine Online. All Rights Reserved.

Please publish modules in offcanvas position.