President Bongbong Marcos has appointed Eli Remolona as the new governor of the Bangko Sentral ng Pilipinas (BSP), Malacañang announced on Friday. Remolona, a member of the Monetary Board of the BSP since August 2022, will succeed central bank chief Felipe Medalla who will step down on July 2. Medalla served the unfinished term of former BSP Governor Benjamin Diokno, who was appointed finance secretary in June last year. 'With his extensive experience and remarkable achievements in central banking, economic policy, international finance and financial markets, Mr.

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