UPDATE: Duterte names Diokno BSP gov
Credit to Author: RALPH VILLANUEVA| Date: Mon, 04 Mar 2019 13:46:39 +0000
PRESIDENT Rodrigo Duterte has picked Budget Secretary Benjamin Diokno as the new Bangko Sentral ng Pilipinas (BSP) governor, a Palace official said on Monday.
Diokno’s appointment was announced during the 35th Cabinet meeting at 7 p.m. on Monday, said a Malacañang insider who spoke on condition of anonymity.
In separate text messages to reporters, Executive Secretary Salvador Medialdea confirmed the news and Diokno said he would assume his new post this Tuesday.
The announcement comes a week after Malacañang said it was looking for a person with “integrity and competence” to succeed Nestor Espenilla Jr., who succumbed to throat cancer on February 23.
Espenilla had been undergoing treatment for more than a year, the Bangko Sentral said in a recent statement.
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