Caribbean Development Bank Appoints New President
Bridgetown, Barbados, CMC— The Barbados-based Caribbean Development Bank (CDB) has announced the appointment of Barbadian Daniel Best as its new President. Best replaces Dr. Hyginus “Gene” Leon, who resigned from the region’s premier financial institution earlier this year.
Appointment of New President
Best, who holds a Master’s Degree in Business Administration from the University of Durham in England, a Master’s degree in Construction Engineering and Management, and a Bachelor’s degree in Civil Engineering from the University of the West Indies (UWI), brings a wealth of experience and deep understanding of the region’s development challenges and opportunities.
Leadership and Vision
As the new CDB president, Best will oversee the Bank’s strategic direction, focusing on its core mandate to reduce poverty and inequality while fostering inclusive and sustainable growth. The Bank aims to build on its legacy while addressing emerging challenges and opportunities in a rapidly changing global landscape.
Background and Experience
Best has a distinguished career spanning over 20 years in development finance, policy planning, and infrastructure investment. He is well-positioned to lead the CDB into its next chapter of impactful regional transformation.
Guyana Welcomes Appointment
Guyana has welcomed Best’s appointment, with senior minister responsible for finance, Dr. Ashni Singh, congratulating him on his success in the contest for the Presidency of the Caribbean Development Bank. Singh highlighted Best’s critical role in restoring the Bank’s focus on its core mandate and expressed Guyana’s eagerness to collaborate closely with Best to address pressing regional needs.
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Conclusion
The appointment of Daniel Best as the new President of the Caribbean Development Bank marks an important milestone in the Bank’s history. With his extensive experience and deep understanding of the region’s development challenges, Best is well-equipped to lead the Bank into its next chapter of impactful regional transformation. As the Bank looks to build on its legacy, it is crucial that it continues to prioritize its core mandate of reducing poverty and inequality while fostering inclusive and sustainable growth.
Frequently Asked Questions
- What is the Caribbean Development Bank?
The Caribbean Development Bank is a regional financial institution that aims to promote sustainable development and economic growth in the Caribbean region. - Who is the new President of the Caribbean Development Bank?
The new President of the Caribbean Development Bank is Daniel Best, a Barbadian with a wealth of experience in development finance, policy planning, and infrastructure investment. - What are the core goals of the Caribbean Development Bank?
The core goals of the Caribbean Development Bank include reducing poverty and inequality, promoting inclusive and sustainable growth, and fostering regional cooperation and integration.
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