New BSP governor

Former Bangko Sentral ng Pilipinas Governor and now Finance Secretary Benjamin Diokno (left) hands over the leadership of the BSP to Governor Felipe Medalla during a ceremony at the BSP head office in Manila. A Monetary Board member since 2011, Medalla is a seasoned economist and professor whose career in public service spans more than four decades and the administrations of four presidents. He is the sixth Governor of the BSP and will serve the unexpired term of former Governor Diokno.