Dominican re-elected as president of the ECCU Bankers Association
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| Published on Wednesday, January 7, 2009 |
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ROSEAU, Dominica: President of the Dominica Bankers Association, Michel Williams, has been elected for a second term to head the thirty-nine member Eastern Caribbean Currency Union Bankers Association. Williams, the Assistant General Manager of the National Bank of Dominica, was re-elected from a field of eight candidates, for another two-year term.
He continues to lead the ECCU Bankers Association at a time when the global financial crisis has rocked the foundation of the global financial system, which undoubtedly will affect the way banking and business in general is conducted in the years to come.
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Michel Wiliams, President ECCU
Bankers Association |
Under his stewardship, the Association has worked closely with the Eastern Caribbean Central Bank on the harmonization of S.W.I.F.T. Standards in the ECCU, interoperability of banks’ debit card networks, and the formation of an Automated Clearing House System for the region.
The new vice president of the ECCUBA is Derry Williams, of the National Commercial Bank of St Vincent. The Grenada-based ECCUBA is an umbrella organization for the bankers associations of the respective countries of the ECCU representing commercial banks, both indigenous and international.
The Association’s Secretariat in St George’s is headed by Michael Archibald, who brings to the post of Chief Executive Officer more than forty years of experience in the Caribbean and international banking industry.
The ECCUBA was established in 2004, under the Presidency of retired RBC Royal Bank of Canada official Hugh Pinard, as a platform to promote, foster and advocate for the common interests of banking institutions and the banking industry generally in countries of the Eastern Caribbean Currency Union.
Part of the ECCUBA mission is to promote and facilitate discussion among its members and with government, regional and international bodies on matters relating to the banking industry in the OECS.
The ECCU Bankers Association expects to play a pivotal role in ensuring that the many changes expected for the OECS Financial Sector and the global financial system in general will serve to foster stability and sustainability of the OECS economies.
The Association comprises various Bankers Associations in the Currency Union: Anguilla, Antigua & Barbuda, Dominica, Grenada, St Kitts and Nevis, St. Lucia, St Vincent & the Grenadines and Montserrat. | | | | Reads : 1044 | | | |
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