Nestor espenilla biography

Nestor Aldave Espenilla Jr. (12 October 1958 – 23 February 2019) was a Filipino politician and economist.
Nestor Aldave Espenilla Jr. (12 October 1958 – 23 February 2019) was a Filipino banker who served as the fourth governor of the Bangko Sentral ng Pilipinas.
Nestor Aldave Espenilla Jr. was a Filipino banker who served as the fourth governor of the Bangko Sentral ng Pilipinas from 2017 until his death in 2019.

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MANILA, Philippines – The quest for stability wins the day.

By choosing Nestor Espenilla Jr, a long-serving technocrat at the Bangko Sentral ng Pilipinas (BSP) as the incoming governor for the next 6 years, President Rodrigo Duterte has essentially prioritized smooth transition and policy continuity at a powerful but independent body. (READ: Duterte appoints Espenilla as BSP governor)

The decisions and actions of the BSP directly affect the country’s economic growth using tools that are political alternatives to taxing citizens.

Espenilla’s appointment means the BSP will continue to uphold the 3 pillars of central banking – price stability, financial stability, and a reliable and efficient system for payments and settlements. The Philippines needs to navigate uncertain and complicated global market challenges ahead.

Espenilla, 58, bested other known contenders, including another BSP deputy governor, Diwa Guinigundo, 62, who will be out of the running for the top post when Espenilla finishes his term in 2023. Currently in charge of monetary supervision, Guinigundo w

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Nestor Espenilla

4th governor of the Bangko Sentral ng Pilipinas

In this Philippine name, the middle name or maternal family name is Aldave and the surname or paternal family name is Espenilla.

Nestor Aldave Espenilla Jr. (12 October 1958 – 23 February 2019) was a Filipino banker who served as the fourth governor of the Bangko Sentral ng Pilipinas (BSP) from 2017 until his death in 2019. He began working for the BSP in 1981 and was a deputy governor under his predecessor Amando Tetangco Jr.^[1]^[2]

Early life

Espenilla was born in Manila to Nestor Espenilla, Sr. and Arminda Aldave-Espenilla, the only son in a family of five. When he was 10 years old, his mother established a small rural bank, the Rural Bank of San Jacinto (Masbate), Inc., which grew and now has several branches in the province and in neighboring Sorsogon Province. The bank was managed by his three sisters.^[3]^[4]^[5]

Education

Espenilla graduated from the Ateneo de Manila High School in 1977. He then graduated with a Bachelor of

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Ralf Rivas

MANILA, Philippines (UPDATED) – Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr died on Saturday evening, February 23. He was 60.

Espenilla was battling tongue cancer and had been on extended medical leave.

Despite some difficulty speaking due to the side effects of radiation therapy, Espenilla had maintained his “work as usual” attitude.

“I just have to hang on and be patient. Meanwhile, it’s work as usual for me. Onward with the financial market reforms,” he said in February 2018.

He was appointed as the 4th BSP governor in July 2017, taking over the role from Amando Tetangco Jr.

Malacañang expressed its condolences to Espenilla’s family as well as gratitude “for his complete devotion to his work and great service to the nation.”

In a statement on Sunday, February 24, Presidential Spokesperson and Chief Presidential Legal Counsel Salvador Panelo noted that Espenilla served the BSP for nearly 40 years, starting as a debt analyst in 1982.

“Governor Espenilla, or Nesting to his BSP colleag