Fintech Alliance.PH Welcomes the Appointment of Governor Eli Remolona

Fintech Alliance.PH Welcomes the Appointment of Governor Eli Remolona

by June 27, 2023

Fintech Alliance.PH, a collaboration amongst strategic players in the digital finance space operating in the Philippines, welcomes the appointment of Eli Remolona as the new Governor of the Bangko Sentral ng Pilipinas (BSP).

The alliance said in a statement that Governor Remolona “brings an impressive wealth of global experience to his new role which holds great promise for accelerating the country’s journey towards a thriving digital economy”.

Remolona has extensive international policy experience in central banking. He worked for 14 years at the Federal Reserve Bank of New York and for 19 years at the Bank for International Settlements (BIS).

Before joining the BSP, he served as an Independent Director of the Bank of the Philippine Islands and the Chair of the Risk Management Committee.

Fintech Alliance.PH added that with his strong track record in the field of finance and digital transformation, Remolona is poised to make a significant impact on the financial technology and digital industry in the Philippines.

Lito Villanueva

Lito Villanueva

“The fintech and digital industry through the Fintech Alliance PH extend our warmest congratulations to incoming Governor Eli Remolona. His remarkable global experience and expertise in finance will undoubtedly propel further the country’s digital agenda.

 

We look forward to fostering sustained collaboration with the BSP under his guidance. We believe that we can collectively drive innovation, cultivate a vibrant ecosystem, and shape policies that facilitate the growth of the digital and fintech industry in the Philippines,”

said Lito Villanueva, Chairman of FinTech Alliance PH, and Executive Vice President and Chief Innovation and Inclusion Officer of RCBC.