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Eli Remolona To Succeed Felipe Medalla As BSP Governor

BSP

The Philippines tapped Eli Remolona to become new Bankgko Sentral ng Pilipinas Governor after the central bank's current head Felipe Medalla steps down in July.

  • Eli Remolona was sworn in as Monetary Board member last year, when a seat was vacated by Felipe Medalla on his promotion to the position of Governor.
  • Medalla serves the remainder of the unexpired term of his predecessor, Benjamin Diokno, who in 2022 became Finance Secretary.
  • Remolona had previously worked at the Bank for International Settlements and the Federal Reserve Bank of New York.

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