Top banker appointed to Monetary Board

President Ferdinand R. Marcos Jr. appointed top banker Walter Wassmer on Wednesday to join the Bangko Sentral ng Pilipinas (BSP) Monetary Board.

Before joining the public sector, Wassmer served as a Consultant and Non-Executive Director of BDO Unibank, Inc. from 2022 to the present. He was also the Senior EVP and Institutional Banking Group Head at the same bank from 1997 to 2022.

Wassmer’s previous roles include 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 Corporation from 1980 to 1982.

Additionally, Wassmer was a Corporate Account Officer at IFC Leasing and Acceptance Corp. from 1979 to 1980.