CMAP at 81
As Partner in Sustaining Economic Growth
After celebrating a milestone year in the Association’s history, the Credit Management Association of the Philippines, Inc. (CMAP) continues to move forward with various projects and other activities, all stressing on the importance of credit management. CMAP president and First Vice President of Rizal Commercial Banking Corporation Oscar Gumabay talks to The STAR about what’s in store for the Association this year and why CMAP proudly continues to be at the forefront of Credit Information Exchange starting with its upcoming 32nd National Credit Congress.
“CMAP at 81 is a year older and a year better. This year’s celebration is a culmination of years of research and sacrifices for a better CMAP, as the legacy lives on,” shares Mr. Gumabay with regard to the Association’s celebration this year.
Carrying the theme, As Partner in Sustaining Economic Growth, Mr. Gumabay explains that they have chosen this so as to complement the economic gains that the country has so far achieved. He cites investment grade status and a seven percent GDP growth as examples of the economic achievements that the country is currently enjoying.
In relation to all these, the Association has set the following as its goals for the year: ecient and eective service delivery through the CMAP website and online search; strengthening CMAP as a service provider; and strengthening CMAP towards the next level of its core competence in pursuit of total customer service. He adds, “The website is to keep CMAP abreast with technology and the challenges of the business environment.”
In line with this, Mr. Gumabay considers the Association’s biggest achievement in the past year is the creation of the CMAP website based on the impact in the cost of doing business. He also mentions the Association’s other on-going projects, which revolve around continuing education through credit related seminars that have topics of common interest like Credit Investigation, Property Appraisal, Dynamics of Credit, Credit Analysis, Fraud Detection, Legal Aspects of Credit and Collection.
Meanwhile, according to Mr. Gumabay, CMAP will remain committed and steadfast to its role as a Service Provider in support of financial stability by promoting prudent risk management as best practice towards a sustainable economic growth. As such, CMAP has invited the following as their speakers for the National Credit Congress: BSP Deputy Governor Diwa Guinigundo as the Keynote Speaker, Asia Pacific Transunion Phils. Director Lyn Wang, and National Bureau of Investigation Head Agent Palmer Mallari. “The scope of the speakers’ discourse would evolve in CMAP’s core competence as a service provider of information,” Mr. Gumabay expounds. He hopes that through their eorts to make this year’s National Congress more relevant for their members, they will be able to enhance CMAP’s competitiveness in the industry.