Marcos names banker Walter Wassmer as member of BSP Monetary Board

President Ferdinand ''Bongbong'' Marcos Jr. has named top banker Walter Wassmer as a member of the Bangko Sentral ng Pilipinas (BSP) Monetary Board, the Presidential Communications Office said on Thursday.

According to the PCO, Wassmer was a consultant and non-executive director of the BDO Unibank, Inc. from 2022; Senior EVP and Institutional Banking Group Head from 1997 to 2022 in the same bank before joining the public sector. 

Wassmer also served as senior vice president of the Far East Bank and Trust Co. from 1986 to 1997; assistant vice president of the Union Bank of the Philippines from 1983 to 1986; and corporate account officer of the Bancom Finance Corporation from 1980 to 1982.

Wassmer was also a corporate account officer of the IFC Leasing and Acceptance Corp. from 1979 to 1980.—AOL, GMA Integrated News