The newly elected board of the Money Market Association of the Philippines (MART), led by its President Michael D. Calleja (Bank of the Philippine Islands) was inducted into office, by no less than, Bangko Sentral ng Pilipinas Governor Amando M. Tetangco, Jr. last February 22, 2013 at the Mabuhay Palace, Manila Hotel in the City of Manila. Mr. Calleja was joined by Reynaldo Montalbo (First Metro Investment Corp.) as MART Vice President, Mr. Manuel Andres D. Goseco (East West Bank) as Secretary, Mr. Dalmacio D. Martin (Banco De Oro) serving as MART’s Treasurer, and Mr. Raul Tan (RCBC), immediate past president of MART and current member of the Executive Committee. The other members of MART’s Board of Directors were also inducted. They were: Ms. Cristina P. Arceo (China Bank), Mr. Michael M. Delfino (Deutsche Bank), Mr. Paul Favila (Citibank), Mr. Edgar Alan P. Guerrero (Metro Bank), Mr. Noel Malabag (HSBC), Mr. Joselito Ricardo G. Nazario (Phil. Veterans Bank), and last but not least, Mr. John Pichay (Union Bank). Mr. Ponciano Bautista (Philippine National Bank), Mr. Carel Halog (Land Bank) and Mr. Raul Pedro (Security Bank) were not able to attend the induction. The induction ceremony was followed by a luncheon in a separate private room at Mabuhay Palace where the good Governor had the opportunity to converse and exchange ideas with the MART board members and senior officers of ACI Philippines who had their induction also at the same place.