Manila Bulletin
Ready for BSP top position – Medalla
President-elect Ferdinand "Bongbong" Marcos Jr. announced that Felipe Medalla, a Monetary Board member, will be the next governor of the Bangko Sentral ng Pilipinas (BSP) starting July 1.
Medalla, who did not expect the appointment, will serve out the remainder of the unexpired term until July 3, 2023, but may be reappointed for a fresh six-year term.
Current BSP Governor Benjamin Diokno will transition to become Marcos Jr.'s Secretary of Finance.
Diokno endorsed Medalla as his successor, emphasizing the need for continuity and coordination between fiscal and monetary authorities.
Medalla, a senior BSP Monetary Board member since 2011 and former socio-economic chief, stated that the BSP has clear mandates and it is important to finish projects started by previous governors.
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President-elect Ferdinand "Bongbong" Marcos Jr. has appointed Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno as the next Secretary of the Department of Finance (DOF).
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Business groups have welcomed President-elect Ferdinand Marcos Jr.'s appointments to his economic team.
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