Better risk management and surveillance applications that address systemic and customer-oriented risks, potential conflicts of interest, financial valuation, volatility of market movements and regulations will have to be embedded into the operational structure. Future pricing will be dependent on risk minimization even while relationship-based pricing will continue to hold sway.
Of course, a series of events [happened]. Gov. Ben cannot say no to the call of duty to be Finance secretary in what I consider to be the toughest time to be Finance secretary. Here I am now, serving the term that actually started with [then Gov.] Nesting Espenilla.