DG Fonacier is the head of the Financial Supervision Sector (FSS), which is mainly responsible for the regulation of banks and other BSP-Supervised Financial Institutions (BSFIs). Under her direct supervision are five subsectors which handle onsite examination and offsite surveillance (or integrated supervision) of BSFIs including specialized supervision of anti-money laundering, trust, financial market operations and information technology, oversight of the public credit registry, policy studies/research, and supervisory data management. She serves as a Steering Committee Member of the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) and the Governor’s permanent alternate as Chair in the Board of Directors of the Philippine Deposit Insurance Corporation (PDIC). DG Fonacier completed two terms as Chair of the Executives’ Meeting of East Asia Pacific Central Banks Working Group on Banking Supervision (EMEAP WGBS), and has served as panelist/resource person in various international conferences/fora on banking supervision, corporate governance, sustainable finance, financial technology and digitalization, financial inclusion, shadow banking, microfinance, bank resolution and crisis management, financial stability, capacity building, etc. organized by international bodies such as the United Nations (UN), IMF/World Bank, Bank of International Settlements (BIS), Financial Stability Institute (FSI), Asia-Pacific Economic Cooperation (APEC), Asian Bankers Association (ABA), South East Asian Central Banks (SEACEN) and central banks and monetary/supervisory authorities of various countries. She has likewise attended programs offered by Harvard Kennedy School and The Wharton School, Aresty Institute of Executive Education.