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PSC hosts financial literacy seminar for national athletes, coaches

National training pool athletes and coaches, numbering around 400, received insights from top financial executives in the country on September 13, a financial literacy seminar hosted by the Philippine Sports Commission (PSC) at the Rizal Memorial Coliseum in Manila.

The project, dubbed “Pera Mo, Kinabukasan Mo!”, is an initiative of the agency, overseen by PSC Commissioner Walter Torres, to provide a comprehensive understanding of financial literacy, offering insights, strategies and practical knowledge to enable informed financial decision-making to all national athletes and coaches.

“Our national team just came off two successful stints at the SEA Games and ASEAN Para Games, in which they were rewarded with cash incentives by the government last August. We felt the need to also guide them to take care of their hard-earned peso,” said Commissioner Torres.

The day-long seminar will feature top executives in the field, starting with renowned financial educator and author Mr. Chinkee Tan, followed by Landbank of the Philippines’ Overseas Filipino Bank Representative Officer Mr. Leover Loyola, Acting Senior Trust Management Specialist Mr. Neil Concepcion, Digital Marketing Officer Ms. Desiree Cabuyao and Treasury Manager Mr. Glenn Aguda for the morning session.

Pioneer Life Inc. Vice President for Marketing Corporate Affairs Ms. Liza Lichauco and Middle Income Insurance Deputy Head Ms. Hazel Inocencio-Zapanta will open the afternoon session, together with Scam Watch Pilipinas Co-Lead Convenors Mr. Art Samaniego and Ms. Jocel De Guzman, Pag-IBIG Member Services Officer Ms. Maricel Zamudio, and Technical Education and Skills Development Authority (TESDA) Senior Specialist Mr. Marcelo C. Matias.

“As sports continue to mold the discipline and dedication of our athletes in the game, it is also through those same values that they can be good stewards of their money,” said PSC Chairman Richard Bachmann.

The program marks the third time the PSC conducted a financial literacy seminar for athletes and coaches, dating back in the first and second editions in 2015 and 2019, respectively, with Registered Financial Planner (RFP) and journalist Ms. Salve Duplito.

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