Ms. Tan-Cimafranca has 25 years of professional experience in the areas of banking supervision and regulation, internal audit, corporate governance, risk management, and compliance system. She is a former Director and Chief Audit Executive of the Bangko Sentral ng Pilipinas’ Internal Audit Office (IAO) in charge of leading teams in the review of governance and risk management practices and control processes.
Prior to her stint in BSP-IAO, she spent almost 20 years in the BSP’s Financial Supervision Sector (FSS) where she gained extensive exposures in the areas of supervision and regulation having served as Director and Head of several onsite and offsite supervision departments in charge of overseeing around 500 domestic banks and branches of foreign banks. She also has extensive exposure in supervising banks’ trust and investment management activities, treasury operations, and capital markets activities given her stint as former Head of BSP’s then Trust Specialist and Capital Market Specialist Supervision Groups. Likewise, she has considerable experience in handling policy and licensing work particularly on mergers and acquisitions of financial institutions, bank and branch establishments, trust and derivatives products, among others.
Ms. Tan-Cimafranca is a passionate teacher and an advocate of a life-long learning. She has been actively involved in developing leadership and other training programs in her areas of expertise, both internal to the BSP and in coordination with industry associations. She also serves as resource speaker in various in-house and external trainings/seminars/workshops and is considered a subject matter expert on topics such as risk-based supervision, risk management, capital markets, foreign exchange, derivatives and other financial instruments, corporate governance, internal control and compliance system and Basel capital adequacy framework.
Ms. Tan-Cimafranca has completed her Masters degree in Business Administration at the Dela Salle University, with distinction, and graduated Magna Cum Laude at the Polytechnic University of the Philippines with a degree in Bachelor of Science in Accountancy. She is a Certified Public Accountant, a Certified Treasury Professional, a certified Financial Risk Manager conferred by the Global Association of Risk Professionals and a Certified Internal Auditor by the Institute of Internal Auditors. She is a strong advocate of good governance and a graduate member and teaching faculty of Institute of Corporate Directors. Likewise, she is a faculty member of the Trust Institute Foundations of the Philippines and a regular resource person of the Institute of Internal Auditors – Philippines.
Ms. Tan-Cimafranca is currently pursuing her PhD in Leadership Studies, major in Organization Development at the Ateneo de Manila University. Fairly recently, she earned her Associate Certified Coach credential conferred by the International Coaching Federation.
