Business
GSIS chief, former BAP president joins advisory council meeting
IN PHOTO: From left, Bankers Association of the Philippines (BAP) Managing Director Benjamin “Ben” Castillo; past presidents Aurelio “Gigi” Montinola III; Cezar “Bong” Consing; GSIS President and General Manager Jose Arnulfo “Wick” Veloso; incumbent BAP President Jose Teodoro “TG” Limcaoco; Antonio “Tony” Moncupa Jr.; Deogracias “Sonny” Vistan; Nestor V. Tan; and incoming BAP Deputy Managing Director Elfren “Boyie” Sarte, Jr.
GSIS President and General Manager Jose Arnulfo “Wick” Veloso, a former president of the Bankers Association of the Philippines (BAP), joined the BAP Annual Advisory Council meeting, which brought together past presidents and current BAP head Jose Teodoro “TG” Limcaoco to discuss the association’s key initiatives and strategic priorities for the year ahead.
BAP officers presented updates on ongoing programs, while former presidents offered insights and recommendations to guide the current leadership, reflecting the association’s long-standing spirit of continuity, collaboration, and stewardship.
Veloso emphasized the importance of sustained coordination among financial institutions to maintain stability and strengthen public confidence. His banking expertise has been instrumental in enhancing GSIS’ investment strategies and growing its funds for members and pensioners.
When asked to comment, Veloso said, “Strong institutions are built on continuity and collaboration. When industry leaders work together, we reinforce financial stability and support long-term economic growth.”
Veloso added that he was honored to be part of the distinguished group of leaders who, across generations, have helped shape the stability, integrity, and progress of the country’s financial system.
As head of the pension fund for government workers and one of the country’s largest institutional investors, his participation highlights the alignment between the banking sector and major public financial institutions in safeguarding the broader financial system.
The meeting reaffirmed the industry’s commitment to sound governance and prudent risk management, with leaders pledging to continue working together to strengthen the Philippine banking system.
