CBR
search
Banking

Governor of the Eastern Caribbean Central Bank Timothy Antoine (File photo)

Timothy Antoine reappointed ECCB governor

Governor of the Eastern Caribbean Central Bank Timothy Antoine (File photo)

Timothy Antoine has secured another five-year term as governor of the Eastern Caribbean Central Bank.

According to a note on the bank’s website, the ECCB’s Monetary Council, led by Prime Minister of St Kitts and Nevis Dr Timothy Harris as chairman, approved the reappointment, which becomes effective February 1.

Prime Minister of St Kitts and Nevis Dr Timothy Harris is also chairman for the Eastern Caribbean Central Bank Monetary Council. (File photo)

While explaining the council’s decision, Harris praised the governor for his stewardship of the monetary authority for the last five years and, in particular, last year.

“Governor Antoine has led the bank with vision, empathy and with a keen eye for innovations that has helped to lift the people of our region,” he added.

History of Timothy Antoine

As governor of the ECCB, Antoine simultaneously serves as chairman of the board of directors. Prior to assuming the office of governor, he had a 22-year career with the Government of Grenada. For 14 years, he was the permanent secretary in the Ministry of Finance in his native country.

The Eastern Caribbean Central Bank in Basseterre, St Kitts-Nevis (File photo)

Antoine is an economist and development practitioner by training and experience, holding a Bachelor of Science in Economics from The University of the West Indies and a Master of Science in Social Policy and Planning in Developing Countries from the London School of Economics.

Also a recipient of The Order of Grenada Gold Award for Excellence in 2016, he was subsequently conferred with an Honorary Doctorate in Humane Letters by St. George’s University for services to Grenada and St. George’s University in 2018.

“It is my distinct privilege to serve the governments and people of our Currency Union…”

— Timothy Anthony, governor, Eastern Caribbean Central Ban

In response to the reappointment, Antoine thanked the ECCB Monetary Council for its support throughout his first term and its confidence reposed in him to continue to lead the bank.

“It is my distinct privilege to serve the governments and people of our Currency Union. I look forward, with the support of the council, board and our team, to the implementation of the Programme of Action for Recovery, Resilience and Transformation and the roll-out of the bank’s new strategic plan. Our pursuit of socio-economic transformation continues,” he said.