Manila, Philippines – THE Bankers In stitute of the Philippines (BAIPHIL), one of the country’s leading organizations in the pursuit of banking excellence, celebrated another milestone last week.
BAIPHIL held its annual Training and Development Week from March 12 to 17, 2012. It is celebrated every year pursuant to Presidential Proclamation No.
1248 declaring the second week of March as such.
BAIPHIL’s mission is to support the banking industry in enhancing productivity and keeping abreast with relevant developments through continuing education, research and information exchange while upholding the values of good governance, competence and integrity, service, teamwork, and innovation.
This year’s theme, “BAIPHIL beyond 70″ Taking Stock, Harnessing Strengths, Forging Ahead,“ was highlighted in last week’s activities, which included seminars, a General Membership Meeting, the launching of the BAIPHIL Book, a corporate governance seminar, an e-Learning Exhibit, a seminar in partnership with UK Trade and Investments focusing on Retail Banking Solutions, a Corporate Social Responsibility Program in support of Bangko Sentral ng Pilipinas’ (BSP) Financial Education Program, and an art exhibit.
After marking seven decades of distinguished service in the banking industry, BAIPHIL “continues to explore new avenues and non-traditional channels in the realm of continuing education, research and informative exchange,“ President Agnes Brillante-Santos said. (Brillante-Santos is also First Vice President of BDO Private Bank.) BAIPHIL’s other officers for 2011-2012 are: First Vice President Salvador R. Serrano (also First Vice President, BDO Unibank Inc.); Second Vice President Ma. Estefania A. Santos (also Administrative Division Head, China Banking Corporation); Secretary Francis M. Puzon (also First Vice President, Philippine Veterans Bank); Treasurer Estrellita V. Ong (also First Vice President, Security Bank Corporation); Auditor Yolanda D. Velasco (also Senior Vice President, Landbank of the Philippines); Ex-Officio Member of the Board Emmanuel E. Barcena (also Vice President, Philippine Clearing House Corp.); Director Teresita I. Andres (also COO, Credit Agricole Corporate & Investment Bank); and Director Cresenciana R. Bundoc (also Senior Vice President, Development Bank of the Philippines).
The Institute has registered its presence in the Asia-Pacific region’s banking conferences, disseminating the Institute’s initiatives in training and continuing education. It has likewise anchored and coordinated training programs in microfinance for the State Bank of Vietnam with the objective of strengthening regulation and supervision. Together with the Bank Marketing Association of the Philippines (BMAP), Asian Banker and Google, BAIPHIL has co-hosted a workshop for bank marketing officers on “Marketing Financial Products to the Internet Generation.“
In addition to these endeavors, BAIPHIL has also pursued the sponsorship and co-hosting of programs in support of BSP’s Financial Education Program for Parents and Teachers of Schoolchildren as a Corporate Social Responsibility project.
BSP Governor Amando Tetangco, Jr. said the central monetary authority considers BAIPHIL “as a valuable partner in enhancing the safety and soundness of the banking system.“
“Through continuously undertaking research and training projects that expand the knowledge base of the Philippine banking industry, the organization has been instrumental in promoting greater understanding of supervisory objectives and the implementation of regulatory initiatives,“ Tetangco said.
BAIPHIL was founded in 1941 as a non-stock, non-profit corporation under the name National Association of Bank Auditors and Comptrollers (NABAC), primarily with the goal of increasing the efficiency and uniformity in bank accounting, auditing and operations among banks. It metamorphosed into the Association of Bank Audit, Controls and Operations, subsequently the Bank Administration Institute (Philippine Chapter) and finally into the Bankers Institute of the Philippines.
From a small circle of mostly accountants and auditors, the Institute has evolved into a prestigious and respectable bankers’ organization. It now boasts of 61 institutional members composed mostly of universal, commercial, foreign, thrift and government banks and more than 300 key bank executives as associates and sustaining life members.
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