According to a press release, the Monetary Board announced that Bangko Sentral ng Pilipinas Governor and Chairman of the Monetary Board Nestor A. Espenilla, Jr. peacefully passed away on 23 February 2019 surrounded by members of his family. The Governor, 60, had been undergoing treatment for cancer for more than a year. In a special meeting held on the same day, the Monetary Board designated Deputy Governor Maria Almasara Cyd Tuaño-Amador as BSP Officer-in-Charge effective immediately until such time that President Rodrigo Duterte shall have designated an OIC or appointed a successor.
Expect to see new signature varieties on Philippines banknotes after a new governor is appointed.
Courtesy of Andy Siegman.