The Government Service Insurance System (GSIS) has expressed full support for the appointment of Ricardo Blancaflor as its new board chair, as reported by Philstar Biz. The state pension fund said it is counting on Blancaflor's legal and policy expertise to help steer its programs.

Blancaflor brings a background in law and public policy to the role. GSIS officials believe his experience will be instrumental in broadening services for members and retirees, as well as ensuring the fund's long-term sustainability.

The appointment comes at a time when GSIS is seeking to enhance its offerings and improve operational efficiency. With Blancaflor at the helm, the pension fund expects to navigate challenges and deliver better benefits to its stakeholders.