Philippines AMLC launches search for new executive director
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The Anti-Money Laundering Council has begun the search for a new executive director following Matthew David’s transfer request.
The Philippines.- The Anti-Money Laundering Council (AMLC) has launched a search for a new executive director after the current chief, Matthew David, requested a transfer to another role within the Bangko Sentral ng Pilipinas (BSP).
David, who was appointed in 2022, was at the helm when the Philippines secured removal from the Financial Action Task Force (FATF) grey list in February 2025. During David’s tenure, the AMLC also oversaw asset freezes and seizures totalling approximately PHP 27.8bn, targeting individuals and entities linked to high-profile investigations, including alleged irregularities in flood control projects.
Acting Director Arnold Kabanlit has been appointed officer-in-charge while the council conducts the selection process for a permanent replacement. Candidates must be members of the Philippine Bar and possess regulatory or financial oversight experience, particularly within institutions such as the BSP, Securities and Exchange Commission, or Insurance Commission.
The Anti-Money Laundering Council has begun the search for a new executive director following Matthew David’s transfer request. The Philippines.- The Anti-Money Laundering Council (AMLC) has launched a search for a new executive director after the current chief, Matthew David, requested a transfer to another role within the Bangko Sentral ng Pilipinas (BSP). David, who…
