GSIS chief Veloso says he will focus on pension fund's digitalization

Government Service Insurance System (GSIS) president and general manager Jose Arnulfo Veloso on Friday said he will focus on the digital transformation of the pension fund to improve customer experience for its more than two million members and pensioners.

"I want GSIS to be the 'gold standard' or the benchmark for public sector digitalization,” Veloso said in a statement.

“We will achieve this by harnessing the power of information technology (IT) to give our stakeholders faster, better and more convenient service,” he said.

The GSIS chief said that the "hard-earned premium contributions of GSIS members are invested wisely" to pay their benefits promptly.

Veloso said that also included in his priorities as pension fund chief is to make certain that all the properties and interests of the government are insured with GSIS.

"To grow our general insurance business and protect government assets, we will market our insurance products to governors, mayors, and all officials of the different branches of government," he said.

He added that he would advocate to make insurance part of “good governance.”

Under the law (RA 656), GSIS is mandated to provide insurance cover to all government assets and properties with insurable interests.

Veloso, a veteran banker, was elected GSIS president and general manager by the GSIS Board of Trustees last July 21. —LBG, GMA News