Richard Byles to be Governor of BOJ Soon

Kingston, Jamaica: Well known experienced Banker Richard Byles will be the next Governor of the Bank of Jamaica.  Mr. Byles will succeed Brian Wynter who demits office in August this year.

Minister of Finance and the Public Service Dr. Nigel Clarke made the announcement today (June 13) informing that Mr. Byles will take over officially on August 19.  Dr Clarke informed “In January of this year, I appointed a Search Committee chaired by Mr. David Arston to lead an open and transparent search for a new Central Bank Governor and I am pleased that the search process has yielded an eminently qualified, experience and credible leader in Mr. Richard Byles to succeed Mr. Brian Wynter as the Governor of the Bank of Jamaica”.

Byles; who has been in business and finance for over 40 years, is one of the most accomplished corporate leaders of his generation.  He was appointed Managing Director of Pan Caribbean Merchant Bank in 1998 before his appointment as CEO of the Pan Jam group, a leading diversified conglomerate in 1991.  He led Pan Jam for 13 years before taking over as CEO of Sagicor Jamaica in 2014.

Byles; who holds BSc and MSc degrees in Economics and National Development, retired as CEO of Sagicor Jamaica in 2017 and was appointed non-executive Chairman in that same year.  Byles was Co-Chair of the Economic Programme Oversight Committee (EPOC) formed to monitor Jamaica’s performance under its IMF agreement.

The Ministry said a BOJ subcommittee, led by BOJ General Counsel Karen Chin Quee Akin, has been appointed to assist Byles in the transition including complying with BOJ governance requirements.

 

[Contributed by His Excellency Professor Colin O Jarrett]

Please send us your Feedback, News Item, Confession, gossip or Dear Mckoy, Photos and/or Videos to our WhatsApp Number 1-876-353-1389 or Email [email protected]

Recently Published

LIVE-ON-THE-SCENE-TOP-LAWYER-S0T-AND-K3D-IN-OCHO-RIOS-JAMAICA-M0THER-INJUR3D-ALSO

Live Video of the Crime Scene of Lawyer Shot and Killed

Attorney-Sashakay-Fairclough-KLLED-in-Ocho-Rios

Video: Attorney Sashakay Fairclough Killed, Mother Critical in Shooting

Over 100 Murder Victim in St. James for 2019

Over 100 Murder Victim in St. James for 2019

Latest St James Crime News [ Mckoy’s News ] Over 100 Murder Victim – The Barnett Street police have commenced an investigation surrounding the shooting death of a man outside a bar, in Montego Bay, St James, on Wednesday night, September 11. The latest victim has been identified so far only as “Kevin”  and he […]

Shynetyme Ready to Shine in Music

Shynetyme Ready to Shine in Music

Former Magnum Kings and Queen contestant for 2017 Nordia Noble who goes by the stage name Shynetyme is getting her career on hype to be the next big female artiste from out of Western Jamaica. The singjay who hails from the Salt Spring community of St James is no stranger to the music scene and […]

77-year-old Charged for Ganja Possession in Montego Bay

77-year-old Charged for Ganja Possession in Montego Bay

Latest Jamaica News [ Mckoy’s News ] 77-year-old Charged for Ganja Possession – An elderly St James shopkeeper was arrested and charged in connection with the seizure of several pounds of ganja at his shop, at the Fisherman’s Village located off Howard Cooke Boulevard, in Montego Bay, on Thursday, September 12. Facing charges of possession […]

Attorney at Law Sashakay Fairclough Shot Dead in Ocho Rios

Attorney at Law Sashakay Fairclough Shot Dead in Ocho Rios

Jamaica Crime News [ Mckoy’s News ] Attorney at Law Sashakay Fairclough Shot Dead –   Noted female attorney at law, Sashakay Fairclough, was reportedly shot and killed by gunmen in Ocho Rios, St Ann, on Friday night, September 13. Reports are that shortly after 5:00 p.m., the female attorney and a female relative were travelling […]

all-island-trip
Scroll to Top