Ignacio Rivera Bunye (born April 19, 1945) is a Filipino public official who retired in 2014 as a Monetary Board Member of the
Bangko Sentral ng Pilipinas
The Bangko Sentral ng Pilipinas (; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on January 3, 1949, and then re-established on July 3, 1993 pursuant to the provision of Re ...
, a post he held since July 3, 2008. Prior to his appointment as a monetary board member, he served as the Press Secretary, acting
Executive Secretary under
Gloria Macapagal Arroyo
Maria Gloria Macaraeg Macapagal-Arroyo (; born April 5, 1947), often referred to as PGMA or GMA, is a Filipino academic and politician who served as the 14th president of the Philippines from Presidency of Gloria Macapagal-Arroyo, 2001 to 2010 ...
, Congressman, and
Mayor
In many countries, a mayor is the highest-ranking official in a Municipal corporation, municipal government such as that of a city or a town. Worldwide, there is a wide variance in local laws and customs regarding the powers and responsibilitie ...
of
Muntinlupa
Muntinlupa (), officially the City of Muntinlupa (), is a Cities of the Philippines#Legal classification, highly urbanized city in the Metro Manila, National Capital Region of the Philippines. According to the 2020 census, it has a population o ...
. He recently rejoined the
Bank of the Philippine Islands
The Bank of the Philippine Islands ('';'' '','' commonly known as BPI; ) is a universal bank in the Philippines. It is the oldest bank in both the Philippines and Southeast Asia. It is the fourth largest bank in terms of assets, the second lar ...
as Independent Director.
Early life
Ignacio R. Bunye was born April 19, 1945, to Dr. Alfredo M. Bunye, Sr. and Sofia V. Rivera, a pre-war movie actress with the screen name Gloria Imperial whose younger sister
Mila del Sol was also a movie darling of her time.
He took his early education at Itaas Elementary School and his secondary education at
Muntinlupa National High School, where he graduated valedictorian. He took up a Bachelor of Arts at
Ateneo de Manila University and graduated in 1964 and
Bachelor of Law
A Bachelor of Laws (; LLB) is an undergraduate law degree offered in most common law countries as the primary law degree and serves as the first professional qualification for legal practitioners. This degree requires the study of core legal subje ...
in 1969. He also holds a Masters in Management degree from the Asian Institute of Management.
He worked at the Filipinas Foundation Inc. as Assistant Corporate Secretary from 1970 to 1975, Assistant Vice President of BPI Investment Corporation from 1976 to 1983 and Assistant Vice President for Corporate Banking and Treasury at the Bank of the Philippine Islands from 1983 to 1985.
Atty. Ignacio R. Bunye was a working student. He was a news reporter for the Philippine Daily Star from 1967 to 1969, for the DZMT News from 1965 to 1967 and a war correspondent in South Vietnam. As a DZMT reporter, he covered the Vietnam War and wrote a documentary entitled "The Other War," a first-person account of the activities of the Philippine Civic Action Group in Tay Ninh, South Vietnam. At the Daily Star, he wrote a number of articles, including a four-part series entitled "War Vignettes," a first-person account of events immediately after the Tet Offensive in South Vietnam in 1968.
He has been inducted as a member of the Manila Overseas Press Club. He is also a lifetime member of the National Press Club.
As well as being a lawyer by profession, Bunye has served in various executive positions at the Ayala Group of Companies, including as Assistant Vice President of the Ayala Investment and Development Corporation and the Bank of the Philippine Islands.
Mayor of Muntinlupa
When
Corazon Aquino
María Corazón "Cory" Sumulong Cojuangco-Aquino (; January 25, 1933 – August 1, 2009) was a Filipino politician who served as the 11th president of the Philippines and the first woman president in the country, from Presidency of Corazon ...
assumed presidency after the
People Power Revolution
The People Power Revolution, also known as the EDSA Revolution or the February Revolution, were a series of popular Demonstration (people), demonstrations in the Philippines, mostly in Metro Manila, from February 22 to 25, 1986. There was a ...
in 1986, Bunye was designated Officer-in-Charge (OIC) of the then-municipality of
Muntinlupa
Muntinlupa (), officially the City of Muntinlupa (), is a Cities of the Philippines#Legal classification, highly urbanized city in the Metro Manila, National Capital Region of the Philippines. According to the 2020 census, it has a population o ...
.
He was elected as
Mayor of Muntinlupa from 1988 to 1998. As mayor, Bunye also served in a concurrent capacity as Chairman of the then
Metropolitan Manila Authority from 1991 to 1992. The Metropolitan Manila Authority is the forerunner of the Metropolitan Manila Development Authority.
In 1995, Bunye was again reelected as Mayor of Muntinlupa for his last three-year term. During his 12-year stewardship, Muntinlupa metamorphosed from a fifth-class municipality into a highly urbanized city. Adopting proven corporate practices that he gained from working in the private sector, Bunye initiated the computeratization of Muntinlupa, streamlined operations and cut red tape, thus making Muntinlupa the business-friendly community that it is today. During his watch, Muntinlupa was consistently ranked by the Department of Finance as number one in Metro Manila in terms of realty tax collection efficiency.
He founded the
Muntinlupa Polytechnic College, the city’s public college, which has since been converted into the
Pamantasan ng Lungsod ng Muntinlupa. He upgraded the public health centers and also established the city cemetery for Muntinlupa's poor.
Toward the end of his term as Mayor, Bunye laid the foundation for the establishment of the Ospital ng Muntinlupa through the acquisition of a five-hectare lot within Filinvest Corporate City, which is also the site of the future Civic Center Complex.
House of Representatives
Barred by law from seeking a fourth consecutive term as Mayor, Bunye
ran for Congress in 1998 and became the first Congressman from the newly created
lone district of Muntinlupa.
In Congress, Bunye continued to champion the cause of local governments, especially in providing them with greater fiscal autonomy.
Originally a member of the minority, Bunye was one of the fiscalizers of the
11th Congress. With the change of leadership toward the end of the 11th Congress, he became the Senior Deputy Majority Floor Leader of House Speaker
Feliciano Belmonte, Jr.
Cabinet Member
Bunye had served as Press Secretary
from July 16, 2002, to January 19, 2003, before he formally assumed the post of Presidential Spokesperson on January 20, 2003.
On August 24, 2004, he was again appointed as Press Secretary this time concurrently as Spokesperson. He was designated as Acting Executive Secretary from October 21–30, 2007, during which time he signed the papers pardoning former President
Joseph Estrada
Joseph Ejercito Estrada (; born Jose Marcelo Ejercito; April 19, 1937), also known by the nickname Erap, is a Filipino politician and former actor, who served as the 13th president of the Philippines from 1998 until his resignation in 2001. ...
. He also briefly held the position of Presidential Adviser on Political Affairs before assuming his position at the Monetary Board.
Bunye writes weekly columns for the
Manila Bulletin
The ''Manila Bulletin'' () (also known as the ''Bulletin'' and previously known as the ''Manila Daily Bulletin'' from 1906 to September 23, 1972, and the ''Bulletin Today'' from November 22, 1972, to March 10, 1986) is the Philippines' largest ...
, Tempo, People's Tonight, Sun Star, BusinessWeek Mindanao and Filipino Reporter. He authored a book entitled "Central Banking For Every Juan and Maria". He is a recipient of the Asian Institute of Management Honor and Prestige Award, Bangko Sentral Service Excellence Medal, Gran Orden de Isabela Catolica, and Order of Lakandula (Rank of Bayani).
Personal life
Bunye was married to Miraflor T. Oca, a
pediatrician
Pediatrics (American English) also spelled paediatrics (British English), is the branch of medicine that involves the medical care of infants, children, adolescents, and young adults. In the United Kingdom, pediatrics covers many of their youth ...
. She died on June 24, 2023. They have three children.
References
External links
Speaking OutThe Monetary BoardCabinet revamp jokesSC dismisses poll protest vs BunyeIgnacio Bunye quotes*
The 11th Congress
{{DEFAULTSORT:Bunye, Ignacio
1945 births
Living people
Arroyo administration cabinet members
Asian Institute of Management alumni
Ateneo de Manila University alumni
Chairpersons of the Metropolitan Manila Development Authority
Corazon Aquino administration personnel
Executive secretaries of the Philippines
Filipino bankers
Filipino civil servants
Lakas–CMD politicians
Lakas–CMD (1991) politicians
Mayors of Muntinlupa
Members of the House of Representatives of the Philippines from Muntinlupa
People from Quiapo, Manila
Presidential spokespersons (Philippines)
Secretaries of the Presidential Communications Office