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Chuchi G. Fonacier is the Deputy Governor (DG) of the Financial Supervision Sector, which is mainly responsible for the regulation of banks and other BSP-Supervised Financial Institutions, and oversight of payment systems. She joined the BSP in 1984 as a bank examiner and worked her way to become deputy governor in 2017.
DG Fonacier is currently the Chair of the Executives’ Meeting of East Asia Pacific Central Banks Working Group on Banking Supervision, composed of central banks and supervisory authorities from 11 countries in the East Asia and the Pacific which focuses on bank supervision matters that are relevant to EMEAP WGBS members. She has been invited as panelist/resource person in various international conferences/fora on banking supervision, financial inclusion, financial technology, bank resolution and crisis management, financial stability, shadow banking, capacity building, etc. She also attended various foreign trainings and seminars offered by international organizations, and other central banks and supervisory authorities. She represented the BSP during the study visit on Green Finance in the United Kingdom, as well as in various fora on sustainable finance. |