The Bangko Sentral ng Pilipinas (BSP) has appointed veteran central banker Dino Gasmen as Assistant Governor for its Financial Markets Office, while separately warning the public against fraudulent donation schemes falsely using the name of Monetary Board Member Benjamin E. Diokno.
The two announcements underscore the BSP’s dual focus on strengthening its internal leadership while protecting the public from financial scams.
Veteran BSP official takes on key financial markets role
Gasmen will head the BSP’s Financial Markets Office, one of the central bank’s key operational units responsible for implementing monetary operations, managing foreign exchange activities, and supporting the stability of Philippine financial markets.
A longtime BSP official, Gasmen brings decades of experience in treasury operations, liquidity management, reserve management, and financial market development. His appointment comes as the central bank continues to navigate a complex economic environment shaped by evolving global financial conditions and domestic market developments.
The Financial Markets Office plays a central role in carrying out the BSP’s monetary policy decisions by ensuring adequate liquidity in the financial system and maintaining the orderly functioning of foreign exchange and money markets.
Gasmen’s appointment also reflects the BSP’s continued emphasis on promoting leadership from within its ranks, relying on experienced career professionals to oversee critical functions that support financial stability.
Industry observers view the leadership transition as part of the central bank’s broader efforts to reinforce institutional governance while ensuring continuity in the implementation of monetary and market operations.
BSP cautions public against fake donation requests
In a separate advisory, the BSP warned the public against scammers impersonating Monetary Board Member Benjamin E. Diokno to solicit donations for supposed charitable causes.
According to the central bank, fraudsters have been sending electronic messages claiming to represent the BSP or its officials, asking recipients to donate to alleged charitable organizations while providing bank account details purportedly belonging to these groups.
The BSP stressed that neither the central bank nor its officials or employees solicit donations, sponsorships, or financial assistance from the public, nor do they facilitate fundraising activities on behalf of charitable organizations.
It urged the public to verify the authenticity of any message, document, or request claiming to involve the BSP, the Monetary Board, or any of its officials before taking action.
The advisory comes as financial scams increasingly exploit the names of prominent public officials and trusted institutions to deceive victims. The BSP has repeatedly reminded the public to remain vigilant against fraudulent communications and to report suspicious messages through its official channels.
Strengthening confidence in the financial system
Taken together, the appointment of Gasmen and the BSP’s latest anti-scam advisory reflect the central bank’s broader commitment to maintaining confidence in the country’s financial system.
While experienced leadership remains essential to ensuring effective monetary operations and stable financial markets, protecting the public from increasingly sophisticated fraud schemes is becoming an equally important part of preserving trust in the Philippine financial sector.
