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Aquino appoints Suratos as new member of BSP Monetary Board

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President Benigno S. Aquino III appointed Armando L. Suratos as a new member of the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) replacing Juanita D. Amatong whose term expired on July 3 this year.

According to Presidential Spokesman Edwin Lacierda, who made the announcement Tuesday, Suratos will stay as a member of the Monetary Board until July 3, 2017. Suratos was appointed by the President September 9, 2011.

Suratos held the position of deputy governor until December last year and was replaced by BSP Assistant Governor and General Counsel Juan de Zuñiga Jr. Suratos retired from the BSP December 5, 2010 after serving the central bank for 40 years.

Suratos, who holds a law degree from the Ateneo de Manila University, served as technical assistant at the Supreme Court before joining the central bank.

He ranked eighth in the bar examinations when he took it in 1971. He also holds a Bachelor of Science in Business Administration degree from the University of the Philippines and attended Georgetown University in Washington in 1975. (PCOO/PIA9-BST)




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