GSIS to focus on digitalization

MANILA – Government Service Insurance System (GSIS) president and general manager Wick Veloso said Friday he will focus on the digital transformation of GSIS to provide the ultimate customer experience for its more than 2 million members and pensioners.

"I want GSIS to be the 'gold standard' or the benchmark for public sector digitalization,” he said in a press conference in Pasay City.

“We will achieve this by harnessing the power of information technology (IT) to give our stakeholders faster, better and more convenient service,” he added, echoing the call of President Ferdinand Marcos Jr. in his State-of-the-Nation Address for government agencies to shift to digital platforms.

Veloso said he would ensure that the "hard-earned premium contributions of GSIS members are invested wisely" to pay their benefits promptly.

Also included in his priorities as pension fund chief is to make certain that all the properties and interests of the government are insured with GSIS.

"To grow our general insurance business and protect government assets, we will market our insurance products to governors, mayors, and all officials of the different branches of government," he added.

Veloso said he would advocate to make insurance part of “good governance.”

Under Republic Act 656 or Property Insurance Law, the GSIS is mandated to provide insurance cover to all government assets and properties with insurable interests.

Veloso was elected GSIS president and general manager by the GSIS Board of Trustees last July 21.

He is a veteran banker with close to 40 years of banking experience and a multi-awarded chief executive officer who was responsible for the financial success of the Philippine National Bank and HSBC-Philippines, among other banking institutions. (PR)

 

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