Development Bank of the Philippines
Gerard Boz C. Tungol is an accomplished finance professional currently serving as the Acting Head of the Public Sector Department at the Development Bank of the Philippines since March 2019. With extensive experience in various roles, including Deputy Chief Finance Officer at Transnational Diversified Group and Assistant Vice President at the Development Bank of the Philippines, Gerard has a strong background in business development, financial management, and banking operations. Previous positions also include Associate Director at Ernst and Young Transaction Advisory Services and Account Officer at Philippine Postal Savings Bank, showcasing a diverse skill set in finance and management. Gerard holds a Master's degree in Development Management from the Development Academy of The Philippines, an MBA from De La Salle University, and dual bachelor's degrees in Accountancy and Applied Economics from De La Salle University.
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Development Bank of the Philippines
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In the Philippines, development financing institutions play a pivotal role in the quest for sustainable growth and development. And at the helm of the country’s march toward progress is the Development Bank of the Philippines. As the country’s pre-eminent development financial institution, DBP has taken upon itself the strategic task of influencing and accelerating sustainable economic growth, through the provision of resources, for the continued well-being of the Filipino people. The DBP, under its new charter, is classified as a development bank and may perform all other functions of a thrift bank. Its primary objective is to provide banking services principally to cater to the medium and long-term needs of agricultural and industrial enterprises with emphasis on small and medium-scale industries.