Amando Tetangco Jr.
{{Short description|Filipino banker}}
{{Philippine name|Maglalang|Tetangco}}
{{Infobox officeholder
|name = Amando M. Tetangco Jr.
|image = Amando Tetangco Jr. (2010).jpg
|caption = Tetangco in 2010
|office = 3rd Governor of the Bangko Sentral ng Pilipinas
|term_start = July 3, 2005
|term_end = July 3, 2017
|president = Gloria Macapagal Arroyo
Benigno Aquino III
Rodrigo Duterte
|deputy = Armando Suratos
Diwa Guinigundo
Nestor Espenilla Jr.
Juan de Zuñiga Jr.
|predecessor = Rafael Buenaventura
|successor = Nestor Espenilla Jr.
|office2 =
|term_start2 =
|term_end2 =
|president2 =
|predecessor2 =
|successor2 =
|birth_name = Amando Maglalang Tetangco Jr.
|birth_date = {{birth date and age|1952|11|14}}
|birth_place = Apalit, Pampanga, Philippines
|death_date =
|death_place =
|profession = Banker
|spouse = Elvira Ma. Plana
|children = 3
|education = Don Bosco Academy, Pampanga
|alma_mater = Ateneo de Manila University, University of Wisconsin–Madison
|signature = AmandoMTetangcoJrSignature.jpg
|signature_size = 88x35px
}}
Amando Maglalang Tetangco Jr. (born November 14, 1952) is a Filipino banker, who served as the third Governor of the Bangko Sentral ng Pilipinas (BSP).{{cite web |title=Bangko Sentral Governors |url=https://www.bsp.gov.ph/Pages/AboutTheBank/WhoWeAre/OrganizationAndGovernance/TheGovernor/PastGovernors.aspx |publisher=Bangko Sentral ng Pilipinas |accessdate=2 March 2022}} He was the first BSP governor to serve two terms,{{cite web|last=Remo|first=Michelle|title=He wanted to be a doctor, then lawyer, but never banker|date=8 May 2011 |url=http://business.inquirer.net/1500/he-wanted-to-be-a-doctor-then-lawyer-but-never-banker|publisher=The Philippine Daily Inquirer|accessdate=3 June 2013}} having been first appointed to the office by Philippine president Gloria Macapagal Arroyo in July 3, 2005, and reappointed in July 31, 2011 by President Benigno Aquino III to serve another six-year term.
Early life and education
Born on November 14, 1952{{cite news|title=PROFILE-Philippines' Central Bank Governor Amando Tetangco|date=23 February 2011 |url=https://www.reuters.com/article/philppines-cenbank-idUSCENBANKPH20110223|work=Reuters|accessdate=3 June 2013}} to Amando, Sr. and the former Teodora Maglalang, Tetangco finished elementary and high school at the Don Bosco Academy in Pampanga. He went on to pursue his AB Economics degree at the Ateneo de Manila University, where he graduated cum laude; he also took up graduate courses in business administration in the same institution. Later on, as a scholar of the then Central Bank of the Philippines, Tetangco completed his MA in Public Policy and Administration (concentration in Development Economics) at the University of Wisconsin–Madison, Wisconsin, United States.
Career
Before joining the BSP in 1974, Tetangco was connected to the management services division of the accounting firm Sycip Gorres Velayo & Co.
A career central banker, he has occupied different positions in the organization in a span of over three decades. Immediately prior to his appointment as BSP Governor, he was Deputy Governor in-charge of the Banking Services Sector, Economic Research and Treasury.
As BSP Governor in 2005, Tetangco is concurrently the Chairman of the BSP Monetary Board, the Anti-Money Laundering Council, and Philippine International Convention Center; Vice-Chairman of the Agriculture Credit Policy Council; member of the Capital Market Development Council, Export Development Council, PhilExport Board of Trustees, Philippine Export-Import Credit Agency; and director of the Philippine Deposit Insurance Corporation, National Development Council, and National Home Mortgage Finance Corporation.
He also represents the country in various international and regional organizations, including the Executive Meeting of East Asia and Pacific Central Banks; ASEAN and ASEAN+3; South East Asia Central Banks; South East Asia, New Zealand and Australia; Center for Latin American Monetary Studies; and Asia-Pacific Economic Cooperation. He is the governor for the Philippines in the International Monetary Fund, and the Alternate Governor in the World Bank and in the Asian Development Bank.
Personal life
Tetangco is married to Elvira Ma. Plana, with whom he has three children: a son and two daughters. He is an avid shooter and golfer.
Honors and awards
In January 2013, Tetangco has been named Central Banker of the Year for Asia-Pacific by The Banker.
{{Cite news
| title = Philippine central banker Asia's best
| publisher = Investvine.com
| date = 2013-01-11
| url= http://investvine.com/philippine-central-banker-asias-best/
| accessdate =2013-02-03}}
Before this, he was honored in October 2012 by the financial magazine Emerging Markets as the Central Bank Governor of the Year for Asia.{{cite web|title=Central Bank Governor of the Year for Asia 2012|url=http://www.emergingmarkets.org/Article/3102058/Search/Results/Central-Bank-Governor-of-the-Year-for-Asia-2012.html?Keywords=tetangco|publisher=Emerging Markets|accessdate=3 June 2013}}
In the same year, he was named as one of the world's six best central bankers for 2012 by the Global Finance magazine, an accolade that had been previously given to him in 2006, 2007 and 2011.{{cite web|title=Tetangco named one of world's best central bankers|url=http://www.abs-cbnnews.com/business/10/18/12/tetangco-named-one-worlds-best-central-bankers|publisher=ABS-CBNnews.com|accessdate=3 June 2013}}
References
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{{succession box
|title=Governor of the Bangko Sentral ng Pilipinas
|years=2005–2017
|before = Rafael Buenaventura
|after = Nestor Espenilla Jr.
}}
{{s-end}}
{{Order of Lakandula recipients}}
{{DEFAULTSORT:Tetangco, Armando Jr.}}
Category:Ateneo de Manila University alumni
Category:Governors of the Bangko Sentral ng Pilipinas
Category:Benigno Aquino III administration personnel
Category:Arroyo administration personnel
Category:Duterte administration personnel
Category:University of Wisconsin–Madison alumni