Mr. Amando M. Tetangco, Jr., 52, was the Deputy Governor of the Bangko Sentral ng Pilipinas in-charge of the Banking Services Sector, Economic Research and Treasury. In this capacity, he was directly involved in the formulation and implementation of monetary and foreign exchange policy of the Bank, including the conduct of open market operations and the management of BSP's international reserves. The monitoring and management of the country's external obligations, and the administration of existing policies on foreign loans and investments also fall under his area of responsibility. He looks after BSP's domestic credit operations particularly rediscounting and the other financing facilities available to banks and other financial institutions, and the management and disposition of acquired assets. He also oversees the Bank's cash operations that include the issuance, distribution, and retirement of currency notes and coins in the Philippines.

         Mr. Tetangco sits in various boards, including the National Economic and Development Authority (NEDA) Board (chaired by the President of the Philippines), National Food Authority (NFA) Council, and Industrial Guarantee and Loan Fund (IGLF) Review Committee, as the representative of BSP.

         Before joining the Central Bank of the Philippines in 1974, Mr. Tetangco was with the Management Services Division of SGV & Co. for about one year. Mr. Tetangco served as Alternate Executive Director of the International Monetary Fund in Washington, D.C. in 1992-1994. There he participated in policy making in the IMF Executive Board and was involved in providing economic policy advice to various governments in the context of IMF Board meetings, and during visits to member countries. He has been closely involved in the activities of various international and regional organizations including the Executive Meeting of East Asia and Pacific (EMEAP) Central Banks, ASEAN and ASEAN+3, South East Asia Central Banks (SEACEN) and APEC, in the promotion of regional cooperation like the Asian Bond Fund and the ASEAN Swap Arrangement, and economic and financial surveillance of member countries.

         He finished his AB Economics at the Ateneo de Manila University (cum laude) where he also took graduate courses in business administration. He obtained his MA in Public Policy and Administration (concentration in Development Economics) at the University of Wisconsin ? Madison, Wisconsin, USA as a Central Bank scholar. He has attended various training programs and seminars in macroeconomics, banking and finance, portfolio management, central bank independence, leadership and governance.

          Mr. Tetangco is married to Elvira Ma. Plana. They have three children: a boy and two girls.