Philippines central bank launches reorganisation
The effort will take 12 months to complete and includes the creation of new functions
The Central Bank of the Philippines (BSP) is implementing a series of changes to its organisational structure, including the creation of a new “currency management” unit, to keep up with the “ever-shifting economic landscape”.
“The reorganisation of the BSP was approved by the monetary board on April 26, 2018 but it will be completed and implemented in phases for a period of 12 months,” the BSP’s human resource development department tells Central Banking.
This is one of the most significant
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