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Thursday, September 19, 2024

Marcos appoints new MB member

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President Ferdinand Marcos Jr. (PBBM) on Wednesday named banker Walter Wassmer as a new member of Bangko Sentral ng Pilipinas’ Monetary Board.

Before joining the public sector, Wassmer’s career revolved in private banking industry, serving as a consultant and non-executive director of BDO Unibank Inc. from 2022 to the present. He also served as a senior EVP and institutional banking group head at the same bank from 1997 to 2022.

Wessmer was also a senior vice president at Far East Bank and Trust Co. from 1986 to 1997, assistant vice president at Union Bank of the Philippines from 1983 to 1986 and corporate account officer at Bancom Finance Corp. from 1980 to 1982.

Wassmer was also a corporate account officer at IFC Leasing and Acceptance Corp. from 1979 to 1980.

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