Before joining the BSP in 1974, Tetangco was connected to the management services division of the accounting firm
Sycip Gorres Velayo & Co. A career central banker, he has occupied different positions in the organization over the span of over three decades. Immediately before he was appointed BSP Governor, he was Deputy Governor in charge of the Banking Services Sector, Economic Research and Treasury. As BSP Governor in 2005, Tetangco is concurrently the Chairman of the BSP Monetary Board, the Anti-Money Laundering Council, and
Philippine International Convention Center; Vice-Chairman of the Agriculture Credit Policy Council; member of the Capital Market Development Council, Export Development Council, PhilExport Board of Trustees, Philippine Export-Import Credit Agency; and director of the
Philippine Deposit Insurance Corporation, National Development Council, and National Home Mortgage Finance Corporation. He also represents the country in various international and regional organizations, including the Executive Meeting of East Asia and Pacific Central Banks;
ASEAN and
ASEAN+3; South East Asia Central Banks; South East Asia, New Zealand and Australia; Center for
Latin American Monetary Studies; and
Asia-Pacific Economic Cooperation. He is the governor for the Philippines in the
International Monetary Fund, the Alternate Governor in the
World Bank and in the
Asian Development Bank. He is currently an independent director to various companies, such as
SM Investments Corporation (also holding a Chairman position),
SM Prime Holdings (also holding a Vice Chairman position),
Converge ICT, and Shell Philippines. ==Personal life==