The Tribune

The Bahamas Financial Services Board (BFSB) elected a new board of Directors to serve for a two-year term (2020-2022) at its recent annual general meeting (AGM).

Elsworth Johnson, minister of financial services, trade and industry and Immigration, gave the keynote address during which he updated attendees on the priority items his ministry is targeting.

These include a streamlined application process at the Department of Immigration, and moving forward with industry-recommended reforms to trust and fiduciary services legislation, as well as plans to introduce a Tax Residency Certificate.

Tanya McCartney, BFSB’S chief executive and executive director, highlighted the Board priorities that include tracking international initiatives impacting the sector and continued promotion and marketing of the jurisdiction amid the COVID 19 pandemic.

She told attendees that BFSB has remained true to its mandate of promoting a greater awareness of The Bahamas’ strengths as an international financial centre (IFC). This, coupled with advocacy for the industry on policy matters, has dominated an agenda that focuses on several broad areas - promotion and marketing; international initiatives; policy and legislation; and stakeholder engagement.

Following the AGM, the Board held its first meeting where the following executives were elected to their posts

1. Chairman – Kevin Moree, partner at McKinney, Bancroft and Hughes and a member of the firm’s financial services and regulation, litigation and dispute resolution and tax and trade practice groups

2. Vice-Chairperson – Latonia Symonette-Tinker, principal at The Bayshore Group and former consultant in the Ministry of financial services, trade and industry and Immigration

3. Treasurer – Angela Butler, vice-president and chief financial officer at Credit Suisse Trust

4. Assistant Treasurer – Deidree Bain, managing director of Suntera Global

5. Assistant Secretary – Kelli Ingraham, attorney at Holowesko Pyfrom Fletcher

6. Secretary – Fareda Sands, compliance consultant

Permanent Directors

Tanya McCartney, BFSB chief executive and executive director

Deborah Watson, director of financial services in the Ministry of Financial Services

BFSB Board of Directors for the 2020-2022 term.

Theresa Haven-Adderley, Isles of Knight Trust Company

Deidree Bain, Suntera (Bahamas)

Antoine Bastian, Genesis Fund Services (Bahamas)

Angela Butler, Credit Suisse Trust

Anastacia Campbell, Graham Thompson

Timothy Colclough, JPMorgan Trust Company (Bahamas)

Linda Beidler-D'Aguilar, Glinton Sweeting O'Brien

Arada Davis, UBS Trustees (Bahamas)

Cira Davis, Credit Suisse Trust

Nerissa Greene, Halsbury Chambers

Kelli Ingraham, Holowesko Pyfrom Fletcher

John Lawrence, Windermere Corporate Management

Taran Mackey, IPG Family Office

Kevin Moree, McKinney Bancroft and Hughes

Portia Nicholson, Higgs & Johnson

Fareda Sands, Acetop Global Markets

Latonia Symonette-Tinker,The Bayshore Group

Tiffany Jones-Williams, FC Capital

George White, Leno Corporate Services

Raquel Wilson, Lombard Odier & Cie (Bahamas)

Igal Wizman, EY Bahamas

Joneka Wright, The Winterbotham Trust Company

Deborah Watson, government representative as director of financial services

Representatives of Professional Industry Associations

Shawn Forbes, Association of International Banks & Trust Companies (AIBT)

Maria Dorsett, Bahamas Association of Compliance Officers (BACO)

Kelli Ingraham, Bahamas Bar Association (BBA)

Warren Rolle, Bahamas Insurance Association (BIA)

Diveane Bowe, Bahamas Institute of Chartered Accountants (BICA)

Andrew Rolle, Bahamas Investment and Securities Business Association (BISBA)

Christine Wallace-Whitefield, Bahamas Real Estate Association (BREA)

Kenia Nottage, Chartered Institute of Arbitrators

Jerome Franks, CFA Society Bahamas

Kendrick Brathwaite, The Clearing Banks Association

Joann Pyfrom, Society of Trust & Estate Practitioners (STEP)

Zelma Wilson, Restructuring and Insolvency Specialist Association (RISA)