BAP-BAIPHIL pact aims to future-proof PH banking professionals

The Bankers Association of the Philippines (BAP) has signed a Memorandum of Understanding (MOU) with the Bankers Institute of the Philippines (BAIPHIL) to enhance the capabilities of the country’s banking professionals through comprehensive training and collaborative research initiatives.

Under the partnership, BAP and BAIPHIL will conduct capacity-building sessions targeting employees and executives of BAP member-banks. 

The training modules wilde range of topics including banking laws and regulations, corporate governance, compliance, risk management, cybersecurity, investment and trust banking, IT and technology management, sustainable finance, and more.l cover a wi

In addition to training, the two institutions will also engage in research and advocacy initiatives focused on digital finance, financial literacy, financial inclusion, and sustainability—critical areas for the evolving banking landscape.

BPI CEO and BAP president Jose Teodoro K. Limcaoco and BAIPHIL president Iñigo L. Regalado III./ Contributed photo

“As the industry transforms, it is imperative that we invest in our people,” said Jose Teodoro K. Limcaoco, president of BAP. “This MOU ensures professionals are equipped to lead in a dynamic environment.”

BAIPHIL president Iñigo L. Regalado III echoed the sentiment, stressing the urgency of upskilling amid industry disruption. “The banking industry in five to ten years will look very different. This collaboration ensures we remain ahead of the curve.”

Together, BAP and BAIPHIL aim to cultivate a forward-looking, digitally fluent, and ethically grounded banking workforce for the Philippines. —Ed: Corrie S. Narisma

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