| CEO Name | Wick Veloso |
| Nationality | Philippines |
| Net Worth Estimation | $2 million |
Wick Veloso's estimated net worth of around $2 million primarily stems from his extensive executive leadership roles at major Philippine banks such as PNB and HSBC, coupled with his current position as CEO of the Government Service Insurance System (GSIS). His net worth reflects accumulated compensation, investments, and other financial activities throughout his decades-long career in the financial sector.
Wick Veloso, CEO of the Government Service Insurance System, has an estimated net worth of $2,000,000, which is at the maximum end of the range for CEOs in the government sector. This places his net worth at 100% of the category's upper limit.
Business Category: Government
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 2000000 USD
Wick Veloso Performance in Government Service Insurance System
Wick Veloso, CEO of the Government Service Insurance System (GSIS), demonstrates strong leadership by driving organizational reforms and enhancing digital transformation. His decision-making emphasizes transparency, efficiency, and member-centric services, leading to streamlined operations and improved benefit delivery. Under his tenure, GSIS has seen increased financial stability and elevated public trust, significantly advancing the agency's mission to provide social security to government employees.
Latest News
Government Service Insurance System (GSIS) Defends Leadership Amid Financial Success and Controversy
The GSIS, under President and General Manager Jose Arnulfo "Wick" Veloso, reported strong financial results with net income reaching P112 billion and total assets hitting P1.92 trillion as of 2025, despite criticism and calls for Veloso's resignation over alleged P8.8 billion investment losses. GSIS and supporter groups cite proven, data-driven strategies, strict governance, and growth, while some trustees and lawmakers demand investigations into fund management practices[12].
Source: http://www.gsis.gov.ph/2025/10/20/gsis-grows-members-money-p100-billion-income-half-from-investments/