28TH National Convention

Posted in Events


Ushering Growth Through Continuing Education and Training:
BAIPHIL holds its 28th biennial National Convention

*Article Courtesy of Ms. Abby Rebong (First Published in the Philippine Star,February 27,2015)

Carrying on with its theme, “Reaching Greater Heights Through Continuing Education and Training,”
BAIPHIL president Tess Solis-Galvadores shares how they have meticulously put together a well-rounded
lineup of technical and general sessions for the National Convention, a BAIPHIL biennial event,
starting February 27 to March 1, 2015 at the Taal Vista Hotel in Tagaytay City.

Describing this year’s BAIPHIL National Convention, as “packed” is something that delegates, members
and guests eagerly look forward to with excitement. Opening today, the lineup of topics for the two-day
event, has been well-chosen by the working committees under the leadership of Galvadores, who aim to
give the delegates, an enriching and insightful convention experience.

“We have invited subject matter experts from the banking and financial community. Another much awaited
topic is on health and cellular nutrition, to cater to everybody’s interest. In the past conventions,
we had topics in faith and religion, and had some media practitioners who graced the occasion. We are
honored to get the confirmation of speakers completing the authority on the defined topics for this
convention. Sharing their expertise on this two day session, promises a learning experience, expected
to bring about regulatory updates, a look at the financial market, updates in the automation processes
of check clearing, and a good number efficiency and process improvement initiatives which impact on
profitability in the workplace to be shared by partners in the information technology industry. Packed
with very significant inputs which delegates can bring back to their respective workplaces, the talks
are carefully managed to fit in to the time allocation, with an open forum after each session,”
Galvadores says.

Becoming a better banker through education and training

As the training arm of the banking industry, Galvadores takes pride in sharing that they have been
successful in fulfilling this duty through the various training and seminar offerings.

“The thirst for knowledge from the banking community is observed high, so much so that we have seminar
offerings with a number of repeat runs especially those involving banking regulations. The value of
compliance to regulations has always been highlighted by bankers. To make the sessions more effective,
the committee handling the training and education ensures that the speaker has time to answer the
participants’ questions, concerns and areas for clarification. This will in turn be echoed by the
participants to their respective banks. The objective is really to empower the banking community
with proper education through training, updates, research and information exchange.

The ASEAN Integration

Aside from regulatory topics, Galvadores shares that they have invited no less than the BSP governor,
Amando Tetangco, Jr. to speak on the upcoming ASEAN Integration and Security Bank Corp. EVP Rafael
Algarra, Jr. to talk on the ASEAN Integration from the private sector’s perspective. Reinforcing the
topics from the regulator side is the BSP deputy governor who will discuss the agency’s continuing
reform agenda. Faced with the seeming challenges of the ASEAN Integration, Galvadores shares that
it is but proper for bankers to be prepared, get a good grasp of the integration framework, know what
to expect, and move toward putting the country at par or even ahead with the rest in the region. When
asked if the ASEAN Integration scares her, Galvadores shakes her head no because she, for one, is
actually looking forward to the positive effects that it poses and its impact on the financial landscape
of the country.

“Preparation is really something that takes time, and is what looks more taxing, but with our regulators
taking the lead, the banking community is pretty confident we can pull through with ease. We are waiting
for the framework, the road map. We understand discussions are ongoing for the firming up of the framework.
More updates on this area will be heard during the convention.This is something excitedly looked forward to.”

A sharing of knowledge

In his keynote speech, Sen. Paolo Benigno “Bam” Aquino IV will discuss the Role of Banks in our Nation’s
Economic Development. Other topics that are sure to catch the interest of BAIPHIL members include Propelling
the Philippines Towards An Inclusive, Dynamic and Thriving Economy Through Global Competitiveness, Social
Responsibility, and Consumer Welfare, which will be discussed by ING Bank N.V. Asia director and senior
economist Jose Mario Cuyegkeng; Updates on Philippine Automated Clearing System, which will be discussed by
Philippine Clearing House Corp. president and CEO Emmanuel Barcena; BSP Direction in Adopting BASEL III
Regulations, to be discussed by BSP assistant governor Johnny Noe Ravalo; and BSP: Preparing The Banking
System to Meet the Challenges of the Next Decade, which will be discussed by deputy governor Nestor Espenilla,

She adds the timely concern regarding the adoption of the check imaging clearing system, “Banks will not be
dealing with physical checks anymore as everything will be digitized/imaged. It is something that has already
been done in other Asian countries. This is part of being at par with what the rest of ASEAN is doing.

The check imaging clearing system is expected to be implemented by the first quarter of 2016. “Banks are now
heavy with the preparations,” she says.

“Aside from the learning gained from the sessions, delegates from the banking community can also renew ties
and deepen the relationship as we network with each other. We deepen ties with the people from BAIPHIL and
guests. There may be members who are not always visible in the many activities of the Institute, but during
the convention, we endeavor to make time to meet them so they will be more driven to become active members.
The fellowship nights are good opportunities to discover and see the other side of the bankers, in their
display of talents such as dancing, singing and a test of memory through the various contests.“

Galvadores concludes that the true measurement of the success of their National Convention is in how well
the sessions were assimilated and put to good use through implementation in the workplaces, hence, the
importance of choosing the right speakers and which topics to discuss. Looking at their lineup, they will
surely do good with their goal.