Veteran banker Jose L. Querubin will take his oath of office on Thursday, Sept. 5, as the seventh member of the Monetary Board, the top policymaking body of the Bangko Sentral ng Pilipinas (BSP).
(Photo credit: Gawad Kalinga Canada)
BSP Governor Eli M. Remolona Jr. confirmed to Manila Bulletin that Querubin will fill the last remaining vacant seat on the Monetary Board.
“Yes,” the BSP governor replied when asked if the veteran banker will be sworn in on Thursday.
After a lengthy absence from the local scene following his move to Canada, Querubin was seen on Wednesday at the BSP grounds, preparing for his new role.
Sources said that Querubin, who previously served as president of the United Coconut Planters Bank (UCPB) in the early 2000s, is set to take his oath just in time for the weekly Monetary Board meeting.
Querubin will fill the unexpired term of former Monetary Board Member Anita Linda Aquino, who resigned in June.
Aquino's term was originally set to run until July 2026.
With Querubin's upcoming entry, the seven-member Monetary Board is now complete, chaired by Remolona.
The board also includes Finance Secretary Ralph Recto, representing the government sector, along with members Benjamin Diokno, Romeo Bernardo, Rosalia De Leon, and Walter Wassmer.