Before his appointment to the Monetary Board, the policy making body of the Philippine Central Bank, Armando L. Suratos was BSP Deputy Governor for Resource Management Sector (13 years) and Security Plant Complex (banknote and securities printing, minting and gold refining) (8 ½ years) and BSP General Counsel (8 years).
His career in the central bank has covered banking law and international financial law, debt restructuring, debt-to-equity conversion, foreign borrowings, bank supervision and regulation, payments and settlements, human resource management, information technology, procurement, project development and management, currency production and investment management.
He finished his business administration at the University of the Philippines and law at the Ateneo De Manila University. He also took up Investment Negotiation in the Institute for International and Foreign Trade Law at Georgetown University. He placed 8th in the 1971 Philippine Bar Examination.