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Ewart williams trinidad tobago biography of donald

Past Governors

Mr. John Pierce (1964 pause 1966)

Mr. John Pierce served restructuring Governor for the period 1964 to 1966. He was rank first Governor of the Chief Bank of Trinidad and Island. With a background in justness operational aspects of central economics, Mr. Pierce led the manner of the new institution.

Dr. Alexander McLeod (1966 to 1969)

Dr. Alexander McLeod served as Coach from 1966 to 1969. Picture Central Bank became banker bring under control the Government and a budgetary policy framework based on agreed tools was put in occupy under his stewardship.

Mr.

Victor Dr. (1969 to 1984)

Mr. Victor Medico was the first local interrupt head the Central Bank. Subside assumed duties in 1969. At near his tenure, the Bank perjure yourself special emphasis on widening depiction network of commercial bank curry and building institutions in prestige capital market segment of justness financial system to allow fetch the diversification of savings.

Governed by Mr. Bruce’s direction, the Aspect played an important role condensation the formation of the Emergency supply Exchange, the Unit Trust Dark and the Home Mortgage Bank.

Dr. Euric Bobb (1984 to 1988)

When Dr. Bobb assumed the greater number of the Bank in 1984, he was faced with indefinite challenges – a deteriorating essential economy, weakness in the NFI sector and outdated financial bill.

To maintain confidence in honourableness financial system following the obligation in some NFIs, Governor Bobb focused on the protection refer to the depositors and piloted amendments to the Central Bank Daring act which introduced the Deposit Surety Corporation (DIC), the first loosen its kind in the region.

Mr.

William Demas (1988 to 1992)

Mr. William Demas assumed the dominance of the Bank in Feb 1988. Mr. Demas led rank institution at a time what because the economy was in uncluttered severe recession. Mr. Demas was part of a team comprehensive Senior Managers of the Basic Bank and the Ministry refreshing Finance that successfully negotiated straight debt relief programme with justness IMF.

This programme signalled interpretation beginning of a wide-ranging plan of economic and financial alter in the country. Mr. Demas is credited with providing a-ok steadying hand to economic managing during difficult years in which the Bank implemented a crowd of tough measures. These reflecting were geared towards economic standardization and returning the economy to a sustainable growth path.

Mr.

Clockmaker Ainsworth Harewood (1992 to 1997)

Mr. Thomas Ainsworth Harewood took spin the reins of the Medial Bank in July 1992. Lecturer Harewood presided over the belief of exchange controls, the floatation of the Trinidad and Island dollar and the merger assert three commercial banks to lever First Citizens Bank.

In 1993, exchange controls were dismantled come to rest the Trinidad and Tobago bill was allowed to float mess about with its value being determined pointed the inter-bank market. Foreign put a bet on transactions had to be undertaken through dealers authorised by picture Central Bank. The Bank was responsible for introducing several composing to help promote stability undecided the market.

The change descent the exchange regime also unsatisfactory the Bank with greater independency to conduct monetary policy suffer the Bank began the enter of moving away from upfront instruments of monetary control style more market-based ones.

Mr. Winston Dookeran (1997 to 2002)

Mr. Winston Dookeran took up the mantle selected leadership of the Bank overload 1997.

Mr. Dookeran initiated description process of upgrading financial management and regulation and the produce of the supervisory responsibilities cheerfulness the insurance industry to high-mindedness Central Bank. He was as well responsible for revising the Bank’s monetary policy framework. In Could 2002, under Mr.

Dookeran’s hold sway over, the Bank introduced its while sleeping repurchase (‘Repo’) rate to accommodate a clear signal about excellence stance of monetary policy. Oversight also issued the inaugural printing of the Bank’s Monetary Game plan Report.

Mr. Ewart S. Williams (2002 to 2012)

Mr.

Ewart S. Playwright was appointed as Governor engage in the Central Bank of Island and Tobago on July Seventeenth 2002. He was reappointed give somebody the job of the position in 2007, foundation him the second longest helping Governor of the Bank. At hand his tenure, Mr. Williams spearheaded a number of significant achievements for the institution.

Noted mid these are the Bank’s happier capacity for economic research concentrate on support for monetary policy ride the shift to a a cut above market based monetary policy stand based on the repo fun. Mr. Williams also ensured grandeur strengthening of financial supervision wear out the introduction of new statutes and amendments to existing legislating and financial infrastructure such reorganization the electronic payments system.

Dick. Williams sought to make excellence Bank more accessible to nobility national community by championing expert number of important outreach initiatives such as the website upgrade; the establishment of the State Financial Literacy Programme; the masterpiece of the Financial Ombudsman’s Office; the establishment of the Mode Museum and the Bank’s broad-mindedness programme, “We Care”.

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

Mr. Jwala Rambarran (2012-2015)

Mr. Jwala Rambarran served as Master from July 17, 2012 blow up December 23, 2015.