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<img loading="lazy" src="https://cdn.kahimyang.com/resources-7/jobo-fernandez.webp" alt="Jose B. Fernandez" />
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(Jose "Jobo" B. Fernandez)
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He was named governor of the Central Bank in 1983 at the height of a financial crisis after the assassination of Mrs. Aquino's husband, former Senator Benigno Aquino Jr.
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His predecessor, Jaime Laya, had been accused by the International Monetary Fund of padding the nation's reserves. Mr. Fernandez was credited with restoring international trust in the Philippine banking system.
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He was retained in the post after the popular uprising in 1986 that forced President Marcos from office and led to Mrs. Aquino's becoming the President.
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After Mr. Marcos went into exile in Hawaii, Mr. Fernandez investigated reports that the former President and his wife had taken millions of dollars with them in Philippine currency and gold bullion. Mr. Fernandez began the Government's lengthy legal proceedings against them.
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Jobo was educated at Ateneo de Manila University. He also earned degrees from Fordham University and Harvard Business School.
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He was survived by his wife, four sons and a daughter.
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<strong>Sources</strong>: 
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<ol class="article-sources">
<li>
Jose Fernandez, 70, Philippine Banker, June 21, 1994, The Associated Press via the New York Times
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<li>
Wikipedia
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June 19, 1994: Central Bank governor Jobo Fernandez died of cancer