Diokno gets 2nd term at helm of financial stability group, vows stronger voice for emerging economies

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MANILA, Philippines—The Philippine central bank chief vowed to help emerging market economies have a bigger say in combatting systemic risks on the international stage after he was reappointed to a second term as chair of a regional financial stability group.

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno will serve a second term as co-chair of the Regional Consultative Group for Asia (RCGA) of the Financial Stability Board.

This marks the first time a chair of the group will serve a second two-year term at its helm, following Diokno’s current term which expires at the end of June 2021.

Continuing his recent initiatives, Governor Diokno said that he wants to amplif…

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