Antigua and Barbuda makes preference for Central Bank Governor known

By Antigua Observer

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Left to right: Timothy Antoine, Dr. Gene Leon.

Left to right: Timothy Antoine, Dr. Gene Leon.

ANTIGUA OBSERVER – Prime Minister Gaston Browne says Antigua and Barbuda has made its preference for the next Central Bank Governor known after OECS leaders interviewed the two candidates on Monday.

Browne says he is supporting Grenada’s Permanent Secretary in the Ministry of Finance and ECCB Director Timothy Antoine.

“I really think that gentleman from Grenada is definitely the best suited person to lead the bank at this time”

The Antigua prime minister who is also the finance minister says he does not expect the region to reach a consensus on the candidate.

Sir K Dwight Venner stepped down as Governor of the Eastern Caribbean Central Bank at the end of November after 26 years at the helm.

St Lucia’s Dr Jean Lyon was recommended as the favoured candidate by a search team while Dominican Valda Henry was withdrawn after being deemed the third favoured candidate.

The members of the Eastern Caribbean Central Bank are Anguilla, Antigua and Barbuda, Grenada, Dominica, Montserrat, St Kitts and Nevis, St Lucia and St Vincent and the Grenadines.

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  1. We should not squabble in public about who Sir Venner's successor should be as we share a common currency. Antigua's Prime Minister must exercise some level of decorum and should know when to "hush up." May the best candidate win and I pray that in 2016 we will banish the insular mentality that afflicts us in the Caribbean.

    • I agree. For him to say there won't be a consensus suggests that the process will be marred by controversy...which will in effect discredit the eventual successor. Let's not fall victim to more more political squabbles in the Caribbean. The ECCB has been strong for 26 years because of strong leadership and we have maintained a strong currency for over 25 years. Let's not mess that up because statements from a newbie Prime Minister.


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