Rafael B. Buenaventura | |
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2nd Governor of the Bangko Sentral ng Pilipinas | |
In office July 4, 1999 – July 3, 2005 | |
President | Joseph Ejercito Estrada Gloria Macapagal Arroyo |
Deputy | Amando Tetangco, Jr. Armando Suratos |
Preceded by | Gabriel C. Singson |
Succeeded by | Amando Tetangco, Jr. |
Personal details | |
Born | San Fernando, La Union, Philippines | 5 August 1938
Died | 30 November 2006 Manila, Philippines | (aged 68)
Cause of death | Cancer |
Alma mater | De La Salle University New York University |
Profession | Banker |
Signature | |
Rafael Carlos Baltazar Buenaventura (August 5, 1938 – November 30, 2006) was a prominent banker in the Philippines who served as the second Governor of the Bangko Sentral ng Pilipinas (from 1999 to 2005); he served under two Philippine presidents during one of the most tumultuous political transitions in the country's history.
Known for his fierce independence, Buenaventura was often targeted for removal from public office throughout his six-year term. However, his shrewd handling of both his detractors and supporters allowed him to accomplish key policy reforms at a time when political upheavals often derailed the country's economic progress. By the end of his term as central bank governor, he had managed to steer the financial system closer to global standards.
He died on November 30, 2006, at age 68 following a protracted fight with cancer.