President's Message
Ma. Victoria C. Españo Message from the President:

Ma. Victoria C. Españo


PRESIDENT’S MESSAGE

Year 2018 is indeed a special year for FINEX: it marks our 50th anniversary as a leading organization of finance professionals. Through the able leadership of our past presidents and the multitude of members who have actively participated in and supported our different initiatives, we have made significant achievements in supporting the professional development of finance executives,

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President's Message April 2017
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Message from the President:

Benedicta Du-Baladad

To FINEX members and friends,

PRESIDENT’S REPORT
April 2017 Issue

The first quarter of 2017 has been very busy for our organization. Our organization has been very active in various advocacy programs especially participating in various consultative meetings on tax reform. On top of that, we have also conducted several activities for the professional development of our members.

***

Last March 16, we had our 3rd General Membership Meeting with Department of Finance Undersecretary Karl Kendrick Chua and Representative Joey Salceda as speakers. It was an insightful meeting that provided our members discussion on the significant government policies on the administration’s tax reform.

Today, another important issue will be discussed to understand federalism and if such change of government will be beneficial to our country. We are very privileged to have former Senate President Aquilino “Nene” Pimentel Jr. and DAI, a USAID-funded project, Deputy Chief of Party Bruce Hutchins as resource speakers.

Past activities

On March 27, our Tax and Legal Committee sponsored the Tax Filing Reminders and Updates Seminar. We had BIR Assistant Commissioner Atty. Marissa Cabreros, Deloitte Philippines’ Tax Partner and Vice Chairman of the Tax and Legal Committee Atty. Eric Landicho and BDB Law Senior Associate Atty. Pierre Martin Reyes as speakers.

On March 30, the Professional Development Committee hosted the 1st Economic Briefing for 2017. We had BSP Monetary Board Member Felipe Medalla, ADB Economic Adviser Abdul Abiad and COL Financial Head of Research April Lynn Tan as speakers.

For the month of April, we also conducted two (2) BDB Law-FINEX: Top Agenda, high-level closed-door breakfast meeting with government officials and prominent business visionaries. On April 4, we had National Treasurer Rosalia de Leon who talked about the bureau’s actions plans under the new administration. On April 17, we had SEC Chairperson Teresita Herbosa, Commissioner Ephyro Amatong and other SEC officials who discussed the Capital Market Blueprint 2018-2022 and the ASEAN Financial Integration.

Future events

In the coming months, we have a lot of exciting activities to look forward to.

On April 26, our Capital Market Development Committee will host the Interest Rate Corridor (IRC) Briefing with BSP Deputy Governor Diwa Guinigundo as resource speaker. This seminar is a follow-through on the IRC Briefing in 2016 before the launch of the system.

The annual Parangal Golf Tournament in honor of BSP Governor Amando Tetangco, Jr. will be held on April 29 at Summit Point Golf and Country Club in Lipa City, Batangas. This is one of our activities which honor the great contributions of Gov. Tetangco in our country’s economic growth.

On May 24, FINEX will lead the Special Testimonial Luncheon, a joint membership meeting, for BSP Governor Say Tetangco.

Also on May 24, the Environment Committee will sponsor the “4th Water Security Forum” in the morning and the ICT Committee will host its first offering for the year, entitled “Making Business Transaction Easier (Using Bitcoin and Blockchain”.

In the last week of May, the Professional Development Committee will offer its 3rd seminar on E-commerce.

Aside from all of these events, we should look forward to the FINEX Annual Conference on October 12-13, 11th ING FINEX CFO of the Year Award and the Ayala FINEX Finance Summit in November. We are also planning to hold the ASEAN Capital Market Forum in conjunction of the Philippines’ hosting of ASEAN Summit 2017.

***

I would like to reiterate my appeal to all to pay your 2017 membership dues.

In response to our call for various companies to be our year-round sponsors in 2017, I am pleased to inform you that the following companies have favorably responded to our requests:

Partners: Divina Law Office
San Miguel Corporation

Diamond Sponsors: Du-Baladad and Associates (BDB Law)
DMCI Holdings, Inc.
Pilipinas Shell Petroleum Corporation

Gold Sponsors: BDO Unibank, Inc.
Punongbayan & Araullo

All our projects will not be possible without the financial support from all of us. We hope that you will find it in your heart to support our organization by being one of our corporate sponsors.

Aside from financial support, we likewise reiterate our call to everyone to join the various activities of our organization. We are continually improving our projects to make it more relevant for all of us.

As I have mentioned during the last GMM, our organization will be celebrating its golden anniversary on January 15, 2018. Aside from the various activities that are being developed, it is our objective to recruit 200 new members. I am pleased to inform you that the Acceptance Guidelines for recruiting new members has been recently revised adjusting it to the current needs and situations. I hope that you will enjoin us in this endeavor by inviting your friends and colleagues to join FINEX.

***

These are the just some of our projects for the year and we hope to bring you more exciting activities. I also look forward to seeing our membership numbers grow. We may be over 750 members - strong but we should harness our potential in numbers.

To end, I invite our members to get more involved in the activities of FINEX this year – attend your GMMs, join the various Committees, participate in our workshops and seminars, be one of our resource speakers, write for the FINEX Focus and volunteer your services for the various FINEX advocacies.

All the best!

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