President Ferdinand R. Marcos Jr. has reappointed Walter C. Wassmer and Jose L. Querubin as members of the Bangko Sentral ng Pilipinas (BSP) Monetary Board, extending their terms until July 2032.
Wassmer and Querubin were first appointed to the Monetary Board in July and September 2024, respectively.
BSP Governor and Monetary Board Chairman Eli M. Remolona Jr. welcomed their reappointments, citing their significant contributions to the Board’s policy deliberations and decision-making over the past two years.
He said the two members bring extensive expertise in financial markets, commercial banking, and risk management, complementing the Board’s strengths in economics, public service, and business.
Before joining the BSP, Wassmer served as Senior Executive Vice President and Head of Institutional Banking at BDO until his retirement in 2022. He also held key positions at Far East Bank & Trust Co., UnionBank of the Philippines, Bancom Finance Corp., and IFC Leasing and Acceptance Corp.
Querubin previously served as President and CEO of United Coconut Planters Bank from 2003 to 2007. His career also includes leadership roles at Bank of America, Solid Bank Corp., Citibank, Megalink, and the Bankers Association of the Philippines.
