February 23, 2019

MESSAGE OF DR. OLAF KLIESOW, PRESIDENT, PHILIPPINE LIFE INSURANCE ASSOCIATION, ON THE PASSING OF BANGKO SENTRAL NG PILIPINAS GOVERNOR AND CHAIRMAN OF THE MONETARY BOARD NESTOR A. ESPENILLA, JR.

IT IS WITH PROFOUND SADNESS THAT WE HAVE LOST A GOOD MAN AND A GREAT LEADER OF THE NATION’S FINANCIAL INDUSTRY.  

FORMER BANGKO SENTRAL NG PILIPINAS GOVERNOR AND CHAIRMAN OF THE MONETARY BOARD NESTOR ESPENILLA, JR., WHOSE UNTIRING WORK TOWARDS FINANCIAL INCLUSION, ESPECIALLY OF THE POOR, HAD MADE SIGNIFICANT STRIDES IN HELPING THE INSURANCE INDUSTRY’S EFFORTS IN ADAPTING TO A DIGITAL ECONOMY AS WELL AS CLOSING THE COUNTRY’S PROTECTION GAP.

WE WISH TO CONVEY OUR HEARTFELT SYMPATHIES TO HIS BEREAVED FAMILY IN THIS DIFFICULT TIME.

HIS PASSING IS A GREAT LOSS TO THE COUNTRY’S FINANCIAL INDUSTRY, BUT HIS LEGACY WILL LIVE ON IN EVERY FILIPINO WHOSE LIVES WERE MADE BETTER BY HIS LIFE’S WORK.  

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