BIZ BUZZ: BSP welcomes new deputy governor

The Bangko Sentral ng Pilipinas (BSP) has a new deputy governor.
We’re talking about Zeno Ronald Abenoja, who just left his previous position as assistant governor of the monetary policy sub-sector to become the new deputy governor of the monetary and economics sector of the BSP.
And Abenoja has large shoes to fill, as he will succeed Francisco Dakila Jr., who retired early this year.
In his new role, Abenoja will lead the central bank’s operations and activities related to monetary policy formulation, implementation and assessment.
He will also oversee and exercise supervision over economic research and statistics; international monetary affairs and surveillance; and loans and credit.
As it is, no less than the members of the powerful Monetary Board (MB) have put in a good word for Abenoja.
“The BSP is fortunate to have someone like Zeno, with his breadth of experience in economic policy and his depth of understanding in monetary economics,” BSP Governor and MB chair Eli Remolona Jr. said.
“True leadership does not need to be loud to make an impact” – nobody exemplifies this better than Zeno,” MB member Rosalia de Leon said of the new deputy governor.
“Having served as my chief economist at the Department of Finance, DG Zeno appreciates the close link between monetary and fiscal policies,” said MB member Benjamin Diokno.