Espenilla is New Central Bank Chief

President Rodrigo Duterte appointed Nestor Espenilla as the new governor of the Bangko Sentral ng Pilipinas (BSP, Philippine central bank). Espenilla is a career central banker and serves as head of the banking supervision sector. Finance secretary Carlos Dominguez and outgoing BSP governor Amando Tetangco both expressed preference for a central bank insider to get the position, with Espenilla and Diwa Gunigundo both…

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