Romeo L. Bernardo had a long career in various public institutions before he co-founded Lazaro Bernardo Tiu & Associates in 1997. He was undersecretary for international finance at the finance department. He taught finance at the state university and has worked as an advisor to multilateral institutions such as the IMF, the World Bank, and the Asian Development Bank.
For over a decade, Romeo has worked as a capital market and public sector finance specialist as Lazaro Bernardo Tiu and has taken part in formulating policy in various areas, including pension reform, capital markets, and fiscal and debt management. In the area of public-private partnerships, he has worked both on policy issues for such public institutions as the finance department and the National Economic and Development Authority, the Japanese International Cooperation Agency, AusAid, and as transactions advisor, particularly in the mass transport and water sectors. Romeo was an advisor to Morgan Stanley on Philippine business issues for over a decade. He advises private companies in strategy management and has served as a member of the board of several leading publicly listed Philippine companies such as the Bank of the Philippine Islands, Aboitiz Power, Globe Telecom, RFM Corporation, National Reinsurance Corp., Philippine Investment Management Inc., and ALFM mutual funds, the largest mutual funds company in the country, where he serves as board chairman. He is also on the boards of the Philippine Institute for Development Studies and the Institute for Development and Econometric Studies, and is a member of the World Bank’s Philippines advisory group.
Romeo writes regular economic and political outlook reviews as the lead Philippine partner and advisor for GlobalSource, a subscription-based network in New York of independent analysts, and a regular column in BusinessWorld, the leading Philippine business daily. His most recent publication, as a co-author, is Managing Reforms for Development, published by the Asian Development Bank in 2013.