US-ASEAN Business Council Congratulates Dr. Benjamin E. Diokno on Appointment as Bangko Sentral ng Pilipinas Governor

(Washington, DC) The US-ASEAN Business Council’s Board of Directors, members, and staff congratulate Dr. Benjamin E. Diokno on his appointment as Governor of the Central Bank of the Philippines (Bangko Sentral ng Pilipinas, or BSP).  Dr. Diokno will serve as BSP Governor until 2023, which includes the remaining term years of former BSP Governor Nestor A. Espenilla, who passed away on February 23 after a battle with cancer.

“Dr. Diokno has been a great interlocutor during his role as Budget Secretary of the Philippines, and we look forward to working with him in his new role as BSP Governor,” said Alexander Feldman, President and CEO of the US-ASEAN Business Council, “We lost a dear friend in the passing of Governor Espenilla.  We know Dr. Diokno brings the leadership necessary to provide continuity in charting the amazing reform story of the Philippines.”

Dr. Diokno has held the position of Budget Secretary in both the Duterte and Estrada Administrations and brings expertise in economic policy from both academia as well as experience in the public and private sectors.

The Council looks forward to engaging with the BSP to support the Government of the Philippines’ economic development goals of the 2017 - 2022 Philippine Development Plan (PDP), emphasizing infrastructure build and inclusive economic growth.  The Council will learn more about Dr. Diokno’s work and policy plans, specifically in the macroeconomic and stability functions of the bank, and discuss how U.S. business can support the Government’s initiatives at our upcoming annual mission to the ASEAN Finance Ministers’ and Central Bank Governors’ Meeting in April.

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For 35 years, the US-ASEAN Business Council has been the premier advocacy organization for US corporations operating within the dynamic Association of Southeast Asian Nations (ASEAN). Worldwide, the Council's membership, more than 160 companies, generate over $6 trillion in revenue and employ more than 13 million people globally. Members include the largest US companies conducting business in ASEAN, and range from newcomers to the region to companies that have been working in Southeast Asia for over 100 years. The Council has offices in: Washington, DC; New York, NY; Bangkok, Thailand; Hanoi, Vietnam; Jakarta, Indonesia; Kuala Lumpur, Malaysia; Manila, Philippines; and Singapore.