The Government Service Insurance System (GSIS) welcomed its newly appointed board of trustees, who took their oath of office before Executive Secretary Lucas Bersamin recently.
The trustees convened their first board meeting to discuss priorities for the fund, which serves 2.7 million members and pensioners.
GSIS president and general-manager Jose Arnulfo Veloso described the appointments as a “fresh start built on experience.”
He said the board is strong and balanced, with leaders possessing deep expertise in finance, governance and education, and pledged to continue safeguarding members’ savings.
The new board members include banking and finance veterans Enrico Gregorio Molina Trinidad and Cenon Cruz Audencial Jr., Philippine Public School Teachers Association (PPSTA) president Gilbert Tan Sadsad and incumbent trustee Garry De Guzman, who now represents the legal sector.
The trustees were formally introduced to GSIS employees during a flag-raising ceremony at the head office in Pasay City. In brief messages, the new leaders pledged to uphold transparency, prudence and service excellence in managing the pension fund.
Trinidad, an investment banking and capital markets veteran, said he is ready to help strengthen the GSIS’s financial foundation. “Our goal is simple: ensure that the fund grows responsibly while remaining secure for all members,” he said.
Audencial, a seasoned corporate banker, said his focus would be on reinforcing prudent risk management and good governance. He said the board would ensure every peso is invested wisely, “always guided by fairness and accountability.”
Representing the country’s largest group of government employees, Sadsad will serve as the voice of public school teachers in the boardroom.
He said their welfare would guide every decision, noting that he came from their ranks and knows the concerns of the educators.
Veloso said the new board reflects “the right mix of expertise and public service commitment” needed to lead the fund into a new era.
The reconstituted board of trustees is expected to focus on strengthening financial stability, improving risk oversight and enhancing the overall service experience for its members nationwide.
 appointed new trustees, including finance veterans and a teacher representative, who immediately met to prioritize strengthening financial stability and risk oversight for the Philippines' largest pension fund.){kind=link}