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SSS names BDO trustee for balanced fund mandate

The Social Security System (SSS) has entrusted BDO Unibank Inc. with its Balanced Fund mandate, strengthening a partnership aimed at safeguarding and growing members’ contributions for long-term financial sustainability.

The ceremonial signing was led by Robert Joseph Montes de Claro, President and CEO of SSS, and Nestor V. Tan, President and CEO of BDO. The two leaders underscored the shared mission of ensuring pension adequacy and supporting national development.

𝑅𝑜𝑏𝑒𝑟𝑡 𝐽𝑜𝑠𝑒𝑝ℎ 𝑀𝑜𝑛𝑡𝑒𝑠 𝑑𝑒 𝐶𝑙𝑎𝑟𝑜, 𝑃𝑟𝑒𝑠𝑖𝑑𝑒𝑛𝑡 𝑎𝑛𝑑 𝐶𝐸𝑂 𝑜𝑓 𝑆𝑆𝑆 𝑎𝑛𝑑 𝑁𝑒𝑠𝑡𝑜𝑟 𝑉. 𝑇𝑎𝑛, 𝑃𝑟𝑒𝑠𝑖𝑑𝑒𝑛𝑡 𝑎𝑛𝑑 𝐶𝐸𝑂 𝑜𝑓 𝐵𝐷𝑂 𝑈𝑛𝑖𝑏𝑎𝑛𝑘 𝐼𝑛𝑐. 𝑎𝑡 𝑡ℎ𝑒 𝑐𝑒𝑟𝑒𝑚𝑜𝑛𝑖𝑎𝑙 𝑠𝑖𝑔𝑛𝑖𝑛𝑔, 𝑓𝑜𝑟𝑔𝑖𝑛𝑔 𝑎 𝑝𝑎𝑟𝑡𝑛𝑒𝑟𝑠ℎ𝑖𝑝 𝑏𝑢𝑖𝑙𝑡 𝑜𝑛 𝑠ℎ𝑎𝑟𝑒𝑑 𝑐𝑜𝑚𝑚𝑖𝑡𝑚𝑒𝑛𝑡 𝑡𝑜 𝑓𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝑠𝑢𝑠𝑡𝑎𝑖𝑛𝑎𝑏𝑖𝑙𝑖𝑡𝑦 𝑎𝑛𝑑 𝑛𝑎𝑡𝑖𝑜𝑛𝑎𝑙 𝑑𝑒𝑣𝑒𝑙𝑜𝑝𝑚𝑒𝑛𝑡. 𝑇ℎ𝑒 𝑡𝑤𝑜 𝑙𝑒𝑎𝑑𝑒𝑟𝑠 𝑠ℎ𝑎𝑟𝑒𝑑 𝑎 𝑤𝑎𝑟𝑚 𝑎𝑛𝑑 𝑐ℎ𝑒𝑒𝑟𝑓𝑢𝑙 𝑚𝑜𝑚𝑒𝑛𝑡 𝑎𝑓𝑡𝑒𝑟 𝑡ℎ𝑒 𝑐𝑒𝑟𝑒𝑚𝑜𝑛𝑦.

“Entrusting this fund to BDO reflects our confidence in their capability to grow and safeguard our members’ contributions,” de Claro said, noting BDO’s proven expertise in responsible fund stewardship.

Tan, for his part, emphasized the importance of the mandate: “This is a responsibility to help secure the future of Filipino retirees. BDO is committed to managing this fund with prudence, transparency, and integrity.”

BDO brings decades of fund management experience, a solid track record with government institutions, and robust governance practices. Managing SSS funds further reinforces its role as a trusted steward of institutional funds in both the corporate and public sectors.

Through customized investment strategies, advanced digital platforms, and dedicated account teams, the partnership highlights a joint commitment to financial stability, pension adequacy, and inclusive growth for millions of Filipino workers and retirees.

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