Ignacio Bunye
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Ignacio Rivera Bunye (born April 19, 1945) is a Filipino public official who retired in 2014 as Monetary Board Member of the
Bangko Sentral ng Pilipinas The Bangko Sentral ng Pilipinas (; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on July 3, 1993, pursuant to the provision of Republic Act 7653 or the New Central Bank Ac ...
, a post he held since July 3, 2008. Prior to his appointment as monetary board member, he served as the Press Secretary, acting
Executive Secretary Secretary is a title often used in organizations to indicate a person having a certain amount of authority, power, or importance in the organization. Secretaries announce important events and communicate to the organization. The term is derived ...
under
Gloria Macapagal Arroyo Maria Gloria Macaraeg Macapagal Arroyo (, born April 5, 1947), often referred to by her initials GMA, is a Filipino academic and politician serving as one of the House Deputy Speakers since 2022, and previously from 2016 to 2017. She previously ...
, Congressman, and Mayor of
Muntinlupa Muntinlupa, officially the City of Muntinlupa ( fil, Lungsod ng Muntinlupa), is a 1st class Cities of the Philippines#Legal classification, highly urbanized city in the Metro Manila, National Capital Region of the Philippines. According to the ...
. He recently rejoined the
Bank of the Philippine Islands Bank of the Philippine Islands ( fil, Bangko ng Kapuluang Pilipinas, es, Banco de las Islas Filipinas, commonly known as BPI; ) is a universal bank in the Philippines. It is the first bank in both the Philippines and Southeast Asia. It is t ...
as Independent Director.


Early life

Ignacio R. Bunye was born April 19, 1945, to Dr. Alfredo M. Bunye, Sr. and Sofia V. Rivera, a pre-war movie actress with the screen name Gloria Imperial whose younger sister
Mila del Sol Clarita Villarba Rivera, better known by her screen name Mila del Sol (12 May 1923 – 10 November 2020), was a Filipina actress, entrepreneur and philanthropist. Born in Tondo, Manila, she gained fame in her very first lead role in the 1939 fil ...
was also a movie darling of her time. He took his early education at Itaas Elementary School and his secondary at Muntinlupa National High School where he graduated valedictorian. He took up Bachelor of Arts at
Ateneo de Manila University , mottoeng = Light in the Lord , type = Private, research, non-profit, coeducational basic and higher education institution , established = December 10, 1859 , religious_affiliation = Roman Catholic (Jesuits) , academic_aff ...
and graduated in 1964 and Bachelor of Law in 1969. He also holds a Masters in Management degree from the Asian Institute of Management. He worked at the Filipinas Foundation Inc. as Assistant Corporate Secretary from 1970 to 1975, Assistant Vice President of BPI Investment Corporation from 1976 to 1983 and Assistant Vice President for Corporate Banking and Treasury at the Bank of the Philippine Islands from 1983 to 1985. Atty. Ignacio R. Bunye was a working student. He was a news reporter for the Philippine Daily Star from 1967 to 1969, for the DZMT News from 1965 to 1967 and a war correspondent in South Vietnam. As a DZMT reporter, he covered the Vietnam War and wrote a documentary entitled "The Other War," a first-person account of the activities of the Philippine Civic Action Group in Tay Ninh, South Vietnam. At the Daily Star, he wrote a number of articles, including a four-part series entitled "War Vignettes," a first-person account of events immediately after the Tet Offensive in South Vietnam in 1968. He has been inducted as a member of the Manila Overseas Press Club. He is also a lifetime member of the National Press Club. As well as being a lawyer by profession, Bunye has served in various executive positions at the Ayala Group of Companies, including as Assistant Vice President of the Ayala Investment and Development Corporation and the Bank of the Philippine Islands.


Mayor of Muntinlupa

When
Corazon Aquino Maria Corazon "Cory" Sumulong Cojuangco-Aquino (; ; January 25, 1933 – August 1, 2009) was a Filipina politician who served as the 11th president of the Philippines from 1986 to 1992. She was the most prominent figure of the 1986 People P ...
assumed presidency after the
People Power Revolution The People Power Revolution, also known as the EDSA Revolution or the February Revolution, was a series of popular Demonstration (people), demonstrations in the Philippines, mostly in Metro Manila, from February 22 to 25, 1986. There was a ...
in 1986, Bunye was designated Officer-in-Charge (OIC) of the then-municipality of
Muntinlupa Muntinlupa, officially the City of Muntinlupa ( fil, Lungsod ng Muntinlupa), is a 1st class Cities of the Philippines#Legal classification, highly urbanized city in the Metro Manila, National Capital Region of the Philippines. According to the ...
. He was elected as Mayor of Muntinlupa from 1988 to 1998. As mayor, Bunye also served in a concurrent capacity as Chairman of the then Metropolitan Manila Authority from 1991 to 1992. The Metropolitan Manila Authority is the forerunner of the Metropolitan Manila Development Authority. In 1995, Bunye was again reelected as Mayor of Muntinlupa for his last three-year term. During his 12-year stewardship, Muntinlupa metamorphosed from a fifth-class municipality into a highly urbanized city. Adopting proven corporate practices that he gained from working in the private sector, Bunye initiated the computeratization of Muntinlupa, streamlined operations and cut red tape, thus making Muntinlupa the business-friendly community that it is today. During his watch, Muntinlupa was consistently ranked by the Department of Finance as number one in Metro Manila in terms of realty tax collection efficiency. He founded the Muntinlupa Polytechnic College, the city’s public college, which has since been converted into the
Pamantasan ng Lungsod ng Muntinlupa Pamantasan ng Lungsod ng Muntinlupa (PLMun) is a local university in the Philippines. PLMun Board of Regents *Atty. Jaime R. Fresnedi, Chairman of BOR and Muntinlupa Mayor *Vice Mayor Artemio Simundac, Vice Chairman Members *Coun. Paty Katy ...
. He upgraded the public health centers and also established the city cemetery for Muntinlupa's poor. Toward the end of his term as Mayor, Bunye laid the foundation for the establishment of the Ospital ng Muntinlupa through the acquisition of a five-hectare lot within Filinvest Corporate City, which is also the site of the future Civic Center Complex.


House of Representatives

Barred by law from seeking a fourth consecutive term as Mayor, Bunye ran for Congress in 1998 and became the first Congressman from the newly created lone district of Muntinlupa. In Congress, Bunye continued to champion the cause of local governments, especially in providing them with greater fiscal autonomy. Originally a member of the minority, Bunye was one of the fiscalizers of the 11th Congress. With the change of leadership toward the end of the 11th Congress, he became the Senior Deputy Majority Floor Leader of House Speaker
Feliciano Belmonte, Jr. Fernando Feliciano "Sonny" Racimo Belmonte Jr., KGCR (born October 2, 1936) is a Filipino politician who served as a member of the Philippine House of Representatives for the Fourth District of Quezon City from 1992 to 2001 and from 2010 to 2019 ...


Cabinet Member

Bunye had served as Press Secretary from July 16, 2002, to January 19, 2003, before he formally assumed the post of Presidential Spokesperson on January 20, 2003. On August 24, 2004, he was again appointed as Press Secretary this time concurrently as Spokesperson. He was designated as Acting Executive Secretary from October 21 – 30, 2007, during which time he signed the papers pardoning former President
Joseph Estrada Joseph Ejercito Estrada, (; born Jose Marcelo Ejercito; April 19, 1937), also known by the nickname Erap, is a Filipino politician and former actor. He served as the 13th president of the Philippines from 1998 to 2001, the 9th vice presi ...
. He also briefly held the position of Presidential Adviser on Political Affairs before assuming his position at the Monetary Board. Bunye writes weekly columns for the
Manila Bulletin The ''Manila Bulletin'' (), (also known as the ''Bulletin'' and previously known as the ''Manila Daily Bulletin'' from 1906 to September 23, 1972, and the ''Bulletin Today'' from November 22, 1972, to March 10, 1986) is the Philippines' largest ...
, Tempo, People's Tonight, Sun Star, BusinessWeek Mindanao and Filipino Reporter. He authored a book entitled "Central Banking For Every Juan and Maria". He is a recipient of the Asian Institute of Management Honor and Prestige Award, Bangko Sentral Service Excellence Medal, Gran Orden de Isabela Catolica, and Order of Lakandula (Rank of Bayani).


Personal life

Bunye is married to Miraflor T. Oca, a pediatrician. They have three children.


References


External links


Speaking Out

The Monetary BoardCabinet revamp jokesSC dismisses poll protest vs BunyeIgnacio Bunye quotes
* The 11th Congress

{{DEFAULTSORT:Bunye, Ignacio 1945 births Living people Arroyo administration cabinet members Asian Institute of Management alumni Ateneo de Manila University alumni Chairpersons of the Metropolitan Manila Development Authority Corazon Aquino administration personnel Executive Secretaries of the Philippines Filipino bankers Filipino civil servants Lakas–CMD politicians Lakas–CMD (1991) politicians Mayors of Muntinlupa Members of the House of Representatives of the Philippines from Muntinlupa People from Quiapo, Manila Presidential spokespersons (Philippines) Secretaries of the Presidential Communications Operations Office