Try GOLD - Free
Homegrown talent
Manila Bulletin
|June 27, 2025
BUSINESS CORRIDOR
Exactly 34 days from now, a change in the stewardship of the Bangko Sentral ng Pilipinas’ (BSP) Financial Supervision Sector (FSS) is upon us, as its current head reaches the mandatory retirement age.
It feels like just yesterday she walked into the corridors of what was then known as the Central Bank of the Philippines in 1984, a mere 24-year-old, to join the institution’s battery of bank examiners.
That’s right, Virginia, bulls-eye! I’m referring to the dimpled, soft-spoken Deputy Governor (DG) Chuchi Fonacier, the hybrid La Salle-Ateneo alumna, who will be retiring this July 31.
Why hybrid? She earned her Bachelor of Science in Commerce from the University of St. La Salle-Bacolod before pursuing her Master’s in Business Administration (MBA) at Ateneo de Manila University.
Yes, she’s counting the days until she finally assumes the dual role (sans the title) of “mother and wifey” to her family, along with tackling mundane household chores.
“I look forward to my retirement and being a full-time housewife and mother to my three grownup children (Chia, Mark, and James),” she tells me, not with qualms or inhibitions, but with longing and desire.
This story is from the June 27, 2025 edition of Manila Bulletin.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Manila Bulletin
Manila Bulletin
Ceasefire is threatened as Israel expands Lebanon strikes; Iran closes strait again
A ceasefire deal to pause the war in Iran appeared to hang by a thread Wednesday after the Islamic Republic closed the Strait of Hormuz again in response to Israeli attacks in Lebanon.
2 mins
April 10, 2026
Manila Bulletin
Banks' bad loans hit 6-month high
Philippine banks' bad loan ratio climbed to 3.33 percent in February, marking its highest level in six months—a level that remains manageable but still warrants closer monitoring if higher interest rates persist.
1 mins
April 10, 2026
Manila Bulletin
Marcos stresses compassion for others; Duterte urges protection of sovereignty
On Araw ng Kagitingan, President Marcos emphasized that today's challenges call for a return to \"an important part of our identity as Filipinos\"-the sense of compassion for others.
3 mins
April 10, 2026
Manila Bulletin
Of NPLs and regulatory relief
Banks and financial institutions are on edge despite the United States (US)-Iran two-week truce, as sustained increases in the cost of energy are fueling inflation and causing an economic slowdown.
2 mins
April 10, 2026
Manila Bulletin
Diesel price may roll back
Market sees price ease amid ceasefire
6 mins
April 10, 2026
Manila Bulletin
Nearly 1 M commuters benefit from Manila's Libreng Sakay
After days of easing the daily grind for commuters, the Libreng Sakay Program of the Manila local government ended on April 8, having assisted 931,831 passengers, with the highest turnout recorded on its final day, as the city opted not to extend the initiative for now.
1 mins
April 10, 2026
Manila Bulletin
CHED allows full online classes amid energy crisis
The Commission on Higher Education (CHED) has allowed higher education institutions (HEIs) to temporarily shift to full online learning amid the declaration of national energy emergency.
1 mins
April 10, 2026
Manila Bulletin
Yocte repels Go
Akeisha
2 mins
April 10, 2026
Manila Bulletin
Mark Villar urges GOCCs: Implement loan moratorium
Sen.
2 mins
April 10, 2026
Manila Bulletin
SC stops quarrying within Angat River-Bustos Dam Forest Reserve
The Supreme Court (SC) has ordered an immediate stop to quarrying activities within the Angat River-Bustos Dam Forest Reserve in Banaban, Angat, Bulacan.
1 min
April 10, 2026
Listen
Translate
Change font size
