The Asian Institute of Management said it is conferring an honorary Doctorate in Management on former Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. in recognition of his contributions to the world of monetary policy, banking and finance during the institute’s graduation ceremony on Dec. 8, 2023.
It said Tetangco made incredible strides in the country’s financial sector as the former governor of the BSP, having held the position for two terms. He delivered sweeping changes that stabilized the nation’s banking system, managed inflation and facilitated financial inclusion among Filipinos.
Starting as a statistician for the BSP, Tetangco rose through the ranks to acquire other notable positions such as alternate executive director of the International Monetary Fund in Washington and chairman of the Anti-Money Laundering Council, the Financial Stability Coordination Council and the Philippine International Convention Center during his four decade-long career.
He now serves as chairman of the board of SM Investments Corp. and vice chairman of SM Prime Holdings Inc.
Tetangco’s expansive list of achievements includes his skillful leadership of the BSP during the global financial crisis, leading to the development of monetary and banking policies that insulated and cushioned the Philippine economy from the possible catastrophic effects of the Black Swan event.
His immense experience in finance and leadership allowed Tetangco to help steer giant conglomerates onto the path of success. AIM said this resonates with its mission to impart management excellence across the region.
“By conferring an honorary Doctorate in Management upon Mr. Tetangco, AIM continues its goal of promoting leaders who inspire and transform the business landscape throughout Asia and beyond,” it said.