He is almost reluctant to discuss his dream for the Philippines, fearing that some people may think he’s a nut case.
But in his heart, Paul Favila, Citi Philippines’ first Filipino CEO in 35 years, believes that this country has what it takes to be a regional financial center.
All we need is to invest more in transport infrastructure to better connect the archipelago with the rest of the world, the 51-year-old banker tells the media.
“We already are a servicing hub globally, which means we are properly piped in to the rest of the world from a technological perspective. So if you have the transportation setup and it’s efficient to get in and out of the country—you have extr…
Keep on reading: Why not? PH can be ‘the next financial hub’
