Central bank’s Diokno named as Philippine finance chief

Philippines central bank Benjamin

MANILA: Philippines central bank governor Benjamin Diokno was named the nation’s finance secretary by President-elect Ferdinand “Bongbong” Marcos Jr.

Diokno, whose term at Bangko Sentral ng Pilipinas (BSP) is set to end mid-next year, will succeed Carlos Dominguez in the top finance post, Marcos said in a televised briefing, confirming an earlier Bloomberg report of the central banker’s move.