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BSP’s Monetary Board gets new private sector representative
![Chairman of the Monetary Board and Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla, Jr. [center] welcomed newly-appointed Monetary Board (MB) Member V. Bruce Jularbal Tolentino to the BSP today, 8 June 2018. With them in this photo are [from left] MB Members Antonio S. Abacan Jr., Felipe M. Medalla, Peter B. Favila, and Juan D. de Zuñiga Jr. The appoinment of Mr. Tolentino completes the roster of the MB, the highest policy-making body of the BSP.](http://images.gmanews.tv/webpics/2018/06/MBM_Tolentino_Oath-Taking_PHOTO_RELEASE_2018_06_08_18_32_16.jpg)
V. Bruce Jularbal Tolentino took his oath of office on Friday as member of the Monetary Board, the Bangko Sentral ng Pilipinas’ policy-setting body.
Bangko Sentral Gov. Nestor Espenilla Jr. administered Tolentino’s oath of office.
Tolentino was appointed by President Rodrigo R. Duterte as full-time private sector representative, completing the seven-member Monetary Board.
He will serve until July 21, 2020, corresponding to the unexpired balance of the six-year term of Valentin A. Araneta who passed away on Feb. 21, 2018.
The other members of the MB are Finance Secretary Carlos G. Dominguez III, Felipe M. Medalla, Juan D. De Zuniga Jr., Peter B. Favila, and Antonio S. Abacan Jr.
Before joining the Monetary Board, Tolentino served as deputy director general of the International Rice Research Institute.
He was a chief economist and country representative at The Asia Foundation from 2007 to 2012. He also served as senior technical adviser at the Agriculture and Natural Resources of the Catholic Relief Services from 2004 to 2007, and was a senior economic policy adviser at the Asian Development Bank from 2002 to 2004. —VDS, GMA News
