BDO Cap’s Fran­cisco is the new IAFEI chair­man

Watchmen Daily Journal - - BUSINESS -

BDO Cap­i­tal & In­vest­ment Corp. pres­i­dent Ed­uardo V. Fran­cisco is this year’s chair­man of the In­ter­na­tional As­so­ci­a­tion of Fi­nan­cial Ex­ec­u­tives In­sti­tutes (IAFEI).

He be­comes the third Filipino elected to helm the top post, apart from the late Romeo Co, who was chair­man in 1979 to 1980, and Dr. Con­chita L. Man­abat, who was IAFEI’s chair­per­son in 2005 to 2006.

The year 2019 will be a sig­nif­i­cant year for IAFEI as it will be cel­e­brat­ing its 50th year. Plans for host­ing an IAFEI Asian Day in Manila in con­junc­tion with IAFEI’s golden an­niver­sary is now in the works, said Fran­cisco, who, prior to his elec­tion was the vice chair­man of IAFEI and also a for­mer pres­i­dent of the Fi­nan­cial Ex­ec­u­tives of the Philip­pines (FINEX).

The other mem­bers of the IAFEI Ex­ec­u­tive Com­mit­tee for 2019 in­clude Juan Al­fredo Ortega (Mex­ico) as Vice Chair­man; Aber­lardo V. Cortez (Philip­pines) as Sec­re­tary; Ni­co­laas Van Wyk (South Africa) as Area Pres­i­dent for Africa; Fer­nando Lopez Macari (Mex­ico) as Area Pres­i­dent for the Amer­i­cas; Hiro­haki Endo (Ja­pan) as Area Pres­i­dent for Asia; Anas­tas­sios Rodopou­los (Greece) as Area Pres­i­dent for Europe & the Mid­dle East.

IAFEI is a pro­fes­sional as­so­ci­a­tion of Na­tional Fi­nan­cial In­sti­tutes com­posed of fi­nan­cial ex­ec­u­tives of lead­ing busi­nesses all over the world en­gaged in fi­nan­cial pol­icy mak­ing and con­trol, shar­ing a com­mon in­ter­est in fi­nan­cial man­age­ment, fi­nan­cial ac­count­ing and re­port­ing.

It was es­tab­lished in 1969 with the FINEX as one of its found­ing mem­bers to­gether with the Fi­nan­cial Ex­ec­u­tives In­sti­tutes of Ar­gentina, Aus­tralia, Bel­gium, France, Ger­many, Italy, Mex­ico, Peru, Spain, United King­dom of Great Britain and the com­bined In­sti­tutes of USA and Canada. At present, IAFEI has 17 ac­tive mem­bers with a to­tal mem­ber­ship of over 10,000 fi­nan­cial ex­ec­u­tives.

BDO Cap­i­tal & In­vest­ment Corp. pres­i­dent Ed­uardo V. Fran­cisco is this year’s chair­man of IAFEI. He be­comes the third Filipino elected to helm the top post.

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