Moncupa it should be

ANTONIO Moncupa stands out among the candidates to replace retiring Bangko Sentral ng Pilipinas Governor Amando Tetangco in that he is well-grounded in banking—starting from a mere accountant and rising to the ladder of industry leadership-- and with his extensive background in dealing with both the left and right spectrums of society.

In other words, of all the candidates, he is well-grounded and has the heart for both the rich and the poor having been exposed in his student days to the plight of the masses during his militancy. In fact he had a taste of what it is to be tortured and beaten behind bars in a military stockade for two years during the Martial Law years.

He knows how difficult it is for a former detainee to find their opportunity, but he was lucky to have a mentor, Horacio Boy Morales, who got him his first part-time accountancy job during the repressive reign of former Dictator and President Ferdinand Marcos.

He has gone around the banking circuit and surely knows the intricacies and nuances of the operations of the different banks and uses such insights into formulating policies for inclusive and sustainable economic growth as he can balance between the needs of the clientele, the banks and the poor.

Aside from being close to the President and his political party that endorsed him, Moncupa’s experience with the different groups and organizations he worked with previously are backing him up.

We agree with Senate President Koko Pimentel’s statement that Moncupa has all the qualities required to lead the central bank in this period of challenge and change. 


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Wednesday, 18 September 2019
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