BANGKO Sentral ng Pilipinas (BSP) Governor Eli Remolona has been named one of the top-performing central bank chiefs in the world.
Remolona received an A- rating from Global Finance magazine’s Central Banker Report Cards for 2024.
Out of nearly 100 central bankers globally, Remolona was one of 15 who got an ‘A-‘ rating.
The other 14 were from Cambodia, Canada, Costa Rica, the Dominican Republic, the European Union, Guatemala, Indonesia, Jamaica, Jordan, Mongolia, Norway, Peru, Sweden, and the United States.
Three central bankers — from Denmark, India, and Switzerland — received the highest rating of ‘A+’, while 7 got ‘A ‘ratings.
The central bank chiefs were assessed based on their monetary policy effectiveness, supervision of the financial system, asset purchase programs, forecasting accuracy, transparency, political independence, and success in meeting national mandates.
Global Finance said the rating celebrates leaders whose strategies have excelled through creativity, originality, and resilience at a time when central bankers have waged war against inflation wielding their primary weapon—higher interest rates.
Global Finance is a magazine read by some 50,000 senior corporate and financial executives responsible for key investment and strategic decisions at multinational firms and financial institutions in 193 countries. (ABS-CBN News)
