Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco, Jr. (third from right) recently inducted the new officers of the Bankers Institute of the Philippines (BAIPHIL), which is now headed by BSP Assistant Governor Ma. Dolores B. Yuvienco (third from left). In his speech, Governor Tetangco lauded BAIPHIL for its steadfast support of BSP’s reform initiatives by providing productivity enhancement assistance to its member banks through research, information exchange and education. He also reiterated his call for banks to be responsive to the changing global environment. In photo are BAIPHIL past presidents: (seated from left) Carolina Diangco (1997-1998), Josefina Padua (1993-1994), Mrs. Yuvienco, Governor Tetangco, Grace Dela Cruz (2006-2007) and Amelia Amparado (2005-2006), (standing from left) Evelyn Vinluan (2004-2005), Carmelita Araneta (2003-2004) and Ma. Agnes Angeles (2000-2001).