The Market Monitor Minding the Nation's Business
The Management Association of the Philippines (MAP) recently conferred on Bangko Sentral ng Pilipinas (BSP) Gov. Amando Tetangco Jr. the MAP Management Man of the Year 2015 award.
The MAP Management Man of the Year is a prestigious award that the association bestows on individuals in the business community or government for attaining unquestioned distinction in the practice of management and for contributing to the country’s progress. The conferment of the award on Tetangco followed a thorough and stringent selection process.
The award has only been given 39 times in its 48-year history.
The criteria for the award include integrity, leadership and management qualities; contribution to nation-building and values formation; and effective stewardship within the confines of the highest standard of business and management practice.
Tetangco was chosen for his expert and steady guidance of the Philippine monetary and banking system as a strong foundation for the current dynamism of the Philippine economy; his exemplary leadership in embarking on banking reforms, insulating the Philippine banking system from global volatility, and providing a resilient and responsive financial system that is conducive to a balanced and sustainable economic growth; pursuing finance education for the youth and providing a world-class regulatory framework for microenterprise development; his contribution to reshaping national values by setting an example that professional managers within and outside the BSP can emulate through his track record of professional competence, high ethical standards and strong leadership throughout his distinguished career as a central banker over a span of four decades; and setting a global standard by his courage to transcend politics in asserting the independence of the BSP and consistently preserving the central bank’s integrity as a monetary authority and institution, while providing critical support for the country’s development.