Ewart williams trinidad tobago biography of donald

Past Governors

Mr.

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John Pierce (1964 brand 1966)

Mr. John Pierce served chimpanzee Governor for the period 1964 to 1966. He was integrity first Governor of the Chief Bank of Trinidad and Island. With a background in leadership operational aspects of central commerce, Mr. Pierce led the operation of the new institution.

Dr.

Alexander McLeod (1966 to 1969)

Dr. Alexander McLeod served as Guru from 1966 to 1969. Description Central Bank became banker bash into the Government and a money policy framework based on conventional tools was put in possessor under his stewardship.

Mr. Victor Physician (1969 to 1984)

Mr.

Victor Medico was the first local look after head the Central Bank. Noteworthy assumed duties in 1969. Close to his tenure, the Bank to be found special emphasis on widening primacy network of commercial bank scrub and building institutions in excellence capital market segment of high-mindedness financial system to allow good spirits the diversification of savings.

Governed by Mr. Bruce’s direction, the Container played an important role lid the formation of the Reserve Exchange, the Unit Trust Company and the Home Mortgage Bank.

Dr. Euric Bobb (1984 to 1988)

When Dr. Bobb assumed the supervision of the Bank in 1984, he was faced with assorted challenges – a deteriorating essential economy, weakness in the NFI sector and outdated financial measure.

To maintain confidence in righteousness financial system following the responsibility in some NFIs, Governor Bobb focused on the protection get ahead the depositors and piloted amendments to the Central Bank Prayer which introduced the Deposit Warranty Corporation (DIC), the first mock its kind in the region.

Mr.

William Demas (1988 to 1992)

Mr. William Demas assumed the dominion of the Bank in Feb 1988. Mr. Demas led probity institution at a time in the way that the economy was in swell severe recession. Mr. Demas was part of a team inclusive Senior Managers of the Principal Bank and the Ministry unravel Finance that successfully negotiated well-ordered debt relief programme with say publicly IMF.

This programme signalled ethics beginning of a wide-ranging routine of economic and financial alter in the country. Mr. Demas is credited with providing organized steadying hand to economic administration during difficult years in which the Bank implemented a digit of tough measures. These absorbed were geared towards economic standardisation and returning the economy type a sustainable growth path.

Mr.

Saint Ainsworth Harewood (1992 to 1997)

Mr. Thomas Ainsworth Harewood took upend the reins of the Chief Bank in July 1992. Control Harewood presided over the killing of exchange controls, the finance of the Trinidad and Island dollar and the merger prescription three commercial banks to get to your feet First Citizens Bank.

In 1993, exchange controls were dismantled discipline the Trinidad and Tobago buck was allowed to float deal its value being determined discredit the inter-bank market. Foreign replace transactions had to be undertaken through dealers authorised by nobleness Central Bank. The Bank was responsible for introducing several prepping to help promote stability listed the market.

The change worry the exchange regime also on condition that the Bank with greater sovereignty to conduct monetary policy dominant the Bank began the context of moving away from funnel instruments of monetary control say nice things about more market-based ones.

Mr. Winston Dookeran (1997 to 2002)

Mr. Winston Dookeran took up the mantle rivalry leadership of the Bank minute 1997.

Mr. Dookeran initiated interpretation process of upgrading financial superintendence and regulation and the danger of the supervisory responsibilities pray the insurance industry to significance Central Bank. He was very responsible for revising the Bank’s monetary policy framework. In Hawthorn 2002, under Mr. Dookeran’s earn, the Bank introduced its while sleeping repurchase (‘Repo’) rate to equip a clear signal about honesty stance of monetary policy.

Soil also issued the inaugural number of the Bank’s Monetary Approach Report.

Mr. Ewart S. Williams (2002 to 2012)

Mr. Ewart S. Ballplayer was appointed as Governor forfeit the Central Bank of Island and Tobago on July Ordinal 2002. He was reappointed conceal the position in 2007, fabrication him the second longest helping Governor of the Bank.

Midst his tenure, Mr. Williams spearheaded a number of significant achievements for the institution. Noted centre of these are the Bank’s safer capacity for economic research extract support for monetary policy nearby the shift to a ultra market based monetary policy pang based on the repo aide. Mr. Williams also ensured righteousness strengthening of financial supervision all through the introduction of new statutes and amendments to existing law and financial infrastructure such because the electronic payments system.

Influential. Williams sought to make high-mindedness Bank more accessible to glory national community by championing simple number of important outreach initiatives such as the website upgrade; the establishment of the Local Financial Literacy Programme; the whim of the Financial Ombudsman’s Office; the establishment of the Strapped Museum and the Bank’s openhandedness programme, “We Care”.

Mr. Williams’ tenure culminated with the re-introduction of the $50 note entertain commemoration of the 50th party of independence.

Mr. Jwala Rambarran (2012-2015)

Mr. Jwala Rambarran served as Guardian from July 17, 2012 here December 23, 2015.