The Daily Tribune
SSS taps BDO as trustee for balanced fund mandate
BDO Unibank Inc. has been appointed as the trustee for the Social Security System (SSS) Balanced Fund, signaling the pension fund's trust in the bank's ability to manage and protect member contributions.
SSS President and CEO Robert Joseph Montes de Claro expressed honor in partnering with the largest bank in the Philippines, emphasizing their confidence in BDO's capabilities.
This collaboration is part of the SSS's strategy to improve returns and enhance benefits for its millions of members.
BDO President and CEO Nestor Tan acknowledged the significant responsibility, pledging to manage the fund with prudence, transparency, and integrity.
BDO's extensive experience in fund management, governance, and institutional partnerships, including with government bodies, positions it as a reliable steward for substantial institutional funds.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
