LOOK: Banking community mourns Bangko Sentral’s Espenilla

Ralf Rivas
LOOK: Banking community mourns Bangko Sentral’s Espenilla
The public may pay their last respects to the late Bangko Sentral ng Pilipinas governor at the Aeternum in Heritage Park, Taguig City

MANILA, Philippines – Colleagues, friends, and figures in the banking and financial industry mourned the loss of Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr.

Espenilla, fondly called Nesting, died last Saturday, February 23, after battling cancer.

Family, friends, colleagues in the BSP, and bank leaders were among those who paid their respects on the first day of Espenilla’s wake on Monday, February 25. (READ: The humble ‘bad cop’: Philippines remembers BSP chief Espenilla)

Nestor Tan, president of the country’s largest bank BDO Unibank, and Arthur Uy, president of Metrobank, were among the high-profile visitors.

REMEMBERING NESTING. White flowers surround the chapel where Espenilla's remains lie. Photo by Ralf Rivas/Rappler

Nomura Securities president and country head Makoto Totsuka also paid his last respects. 

In a statement, Asian Development Bank president Takehiko Nakao extended his condolences to the family and friends of Espenilla.

“Mr Espenilla’s leadership in BSP’s pursuit of financial sector development and inclusion will remain an inspiration to all of us working to expand access to financial services for the poor and smaller enterprises, a key challenge in Asia. We look forward to continuing our support for his vision – a Philippines with strong, sustained growth and where no one is left behind,” Nakao said.

The public may visit the Arlington Chapel at the Aeternum in Heritage Park, Taguig City.

Note that taking of photos inside the chapel is strictly prohibited.


Necrological services and viewing will also be held at the BSP head office on Thursday, February 28, from 10 am to 4 pm.

Espenilla will be cremated at 11 am on Saturday, March 2. – Rappler.com

Ralf Rivas

A sociologist by heart, a journalist by profession. Ralf is Rappler's business reporter, covering macroeconomy, government finance, companies, and agriculture.