The Market Monitor Minding the Nation's Business
Three new directors were named to the board of the state-owned Development Bank of the Philippines (DBP). They are Luis Bonguyan, Emmanuel Galicia Jr., and Rolando Metin vice Daniel Laogan, Reynaldo Geronimo, and Cecilio Lorenzo.
Bonguyan served as Vice Mayor of Davao City for 12 years, and Councilor for four years. A practicing Certified Public Accountant in Davao City, he graduated from the University of Mindanao with a Commerce degree, major in Accounting. He earned his Master’s in Business Administration from the University of the East – University of Mindanao consortium.
Galicia is a senior partner in LG Law based in Davao City. He is President of the Independent Baptist Churches in the Philippines. He graduated from the Ateneo de Davao Law School, and was admitted to the Philippine Bar in 1996.
Metin is a World Bank consultant on climate finance, sustainable sanitation, and the environment. He is a board member of the Career Executive Service Board, and a member of the Academic Council of the Development Academy of the Philippines.
He served in various capacities at the Department of Environment and Natural Resources, including as Assistant Secretary, Undersecretary, and consultant on project management and institutional development for forestry, biodiversity, coastal resources.
He earned his Political Science, Master of Public Administration, and Doctor of Public Administration degrees from the University of the Philippines in Diliman.