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Sunday, February 23, 2025

Joel Jack joins Central Bank board

by

129 days ago
20241018
Former Tobago House of Assembly secretary of finance and the economy, Joel Jack.

Former Tobago House of Assembly secretary of finance and the economy, Joel Jack.

THA

For­mer sec­re­tary of fi­nance and the econ­o­my in the To­ba­go House of As­sem­bly, Joel Jack, has been ap­point­ed to the board of the Cen­tral Bank of Trinidad and To­ba­go.

As spec­i­fied by the Cen­tral Bank Act, Jack was ap­point­ed by Pres­i­dent Chris­tine Kan­ga­loo for a term of three years with ef­fect from Sep­tem­ber 11, 2024.

His ap­point­ment was dis­closed by a no­tice in the Trinidad and To­ba­go Gazette on Oc­to­ber 10, which was sub­mit­ted by Michelle Durham-Kissoon, the per­ma­nent sec­re­tary in the Min­istry of Fi­nance.

Sec­tion 5 of the Cen­tral Bank states: "The Bank shall be man­aged by a board of di­rec­tors com­prised of a Gov­er­nor, not more than two deputy Gov­er­nors and not less than six oth­er di­rec­tors, two of whom may be pub­lic ser­vice di­rec­tors."

The Act, at sec­tion 7 (4) states that or­di­nary di­rec­tors and the pub­lic ser­vice di­rec­tors shall be ap­point­ed for a term of three years.

" (2) The or­di­nary di­rec­tors shall be se­lect­ed from amongst per­sons drawn from di­verse oc­cu­pa­tions ap­pear­ing to the Pres­i­dent to be qual­i­fied by rea­son of their ex­pe­ri­ence and ca­pac­i­ty in mat­ters re­lat­ing to fi­nance, eco­nom­ics, ac­coun­tan­cy, in­dus­try, com­merce, law or ad­min­is­tra­tion," ac­cord­ing to sec­tion 8 (2) of the Cen­tral Bank Act.

Jack joins the board of the Cen­tral Bank com­pris­ing:

* Gov­er­nor Dr Alvin Hi­laire, who is the chair­man of the board, whose ap­point­ment is from De­cem­ber 23, 2023 to De­cem­ber 22, 2026;

* Deputy Gov­er­nor, Do­ri­an Noel, ap­point­ed from De­cem­ber 22, 2023 to De­cem­ber 21, 2026;

* Pro­fes­sor Suren­dra Ar­joon, ap­point­ed from Feb­ru­ary 18 2022 to Feb­ru­ary 117 2025;

* Richard Dun­can, ap­point­ed from Feb­ru­ary 18, 2022 to Feb­ru­ary 17, 2025;

* Ter­rence Walk­er, from Feb­ru­ary 18, 2022 to Feb­ru­ary 17, 2025

* Lor­raine Fer­gu­son, from Feb­ru­ary 18, 2022to Feb­ru­ary 17, 2025;

* Kern Gar­diner, from Feb­ru­ary 18, 2022 to Feb­ru­ary 17 2025; and

* Suzette Tay­lor-Lee Chee, from April 20, 2023 to April 19 2026.

Jack, who was al­so deputy Chief Sec­re­tary, is a past stu­dent of Sig­nal Hill Sec­ondary School, Jack holds a Bach­e­lor of Sci­ence de­gree in Busi­ness Ad­min­is­tra­tion and Ac­count­ing from St. George’s Uni­ver­si­ty, Grena­da. He al­so holds an MBA at War­wick Uni­ver­si­ty,


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