Philippine Central Bank partners with CMU-A on Digital Transformation

Posted 10th September 2019

CMU Heinz College Dean Ramayya Krishnan and CMU-A Head, Prof Emil Bolongaita signed an agreement on Monday, 2 September 2019, with the Bangko Sentral ng Pilipinas (BSP) on education and training in support of the bank’s digital transformation agenda.

Philippine Central Bank Governor Dr Benjamin Diokno and Deputy Governor Dr Cyd Tuaño-Amador signed on behalf of BSP.

Philippine Central Bank Governor Dr Benjamin Diokno, Deputy Governor Dr Cyd Tuaño-Amador, Dean Ramayya Krishnan, and Prof Emil Bolongaita after signing copies of the agreement between CMU-A and BSP.

Governor Diokno said that “today, the BSP and CMU-Australia collaborate on another milestone. Through it, we will not just enhance the knowledge and skills of its employees, but also benefit from the guidance of the CMU-Australia on how we can improve or develop the needed systems and tools to ensure that the BSP’s digital transformation journey will be a productive and a successful one.” Read full text of Governor Diokno’s remarks.

The agreement will pave the way for qualified staff of the Central Bank to study at CMU-A’s programs in public policy and information technology, with a view to assisting the bank’s digital transformation initiatives.

In his remarks, Prof Krishnan expressed his appreciation to Governor Diokno for his visit to CMU-A when he was Minister for Budget and Management, and for inviting CMU to be a partner in the Bank’s digital transformation.

CMU-A will be working closely with the Central Bank’s BSP Institute led by its Director Mr. Iñigo Regalado and Deputy Director Liesl Bobis.

Dean Ramayya Krishnan and Prof Emil Bolongaita with Director Iñigo Regalado and other senior officials of the BSP Institute.

The Philippines Central Bank is home to five CMU-A alumni who have graduated from CMU-A’s Master of Science in Public Policy & Management and Master of Science in Information Technology.

Dean Krishnan and Prof Bolongaita with CMU-A alumni after the signing ceremony (left to right): Raniel Pamatmat (MSPPM), Marie Arenas (MSPPM), and Ruben Canlas (MSIT).