Business

CDB urged to transform and evolve for the Caribbean

Friday, April 12, 2019

Print this page Email A Friend!


BRIDGETOWN, Barbados (CMC) — Chairman of the Board of Governors of the Caribbean Development Bank (CDB), Camille Robinson-Regis, says the regional institution must continue to evolve even on the completion of its ongoing transformation in order to respond effectively to the changing needs of the region.

Robinson-Regis, who is Trinidad and Tobago's minister of planning and development, made the statement while addressing staff during her official visit to the bank on Wednesday.

“I would like to be certain that the bank remains dynamic and relevant. I know that you have in your arsenal a transformation that you're going to be following through with. But I wouldn't like it to just be a transformation that gets to a point and then stops. It must be something that is continuing to evolve,” she stated.

Her visit comes ahead of the 49th Annual Meeting of CDB's Board of Governors which Trinidad and Tobago is hosting in June, for the fifth time.

While at the bank, the chairman also met with CDB President Dr Warren Smith and the senior management team.

She emphasised the long-standing and deep-rooted relationship between the CDB and her country, which is a founding member of the bank and one of its largest shareholders.

“Trinidad and Tobago has a very long history with the bank and because of our history, we are very proud of the work that the bank does … when the bank was getting [started], Trinidad and Tobago — because of our position — played a very pivotal role in ensuring that the bank was well respected as it began its work,” said Robinson-Regis.

In his remarks, Smith also highlighted the pivotal role which Trinidad and Tobago played in the bank's formative years.

“…. Trinidad and Tobago helped to finance the early work of our institution; and so we feel a very strong sense of respect for and indebtedness to that shareholder country,” he said.

Robinson-Regis pointed to the bank's connectedness to the region as a key strength. She traced her own deep connection to the CDB to her father, Charles Robinson, who was a staff member when William G Demas was CDB president.

“The bank... is one of those institutions like UWI… that means something special to the people of the region… even though we have relationships with other development institutions, CDB is the bank that really reflects us most closely and knows what we need,” she added.


Now you can read the Jamaica Observer ePaper anytime, anywhere. The Jamaica Observer ePaper is available to you at home or at work, and is the same edition as the printed copy available at http://bit.ly/epaperlive


ADVERTISEMENT




POST A COMMENT

HOUSE RULES

1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.

6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.

7. Lastly, read our Terms and Conditions and Privacy Policy



comments powered by Disqus
ADVERTISEMENT

Poll

ADVERTISEMENT
ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT