New Chairman Of The Board of Directors Of The Saint Lucia Development Bank

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The Saint Lucia Development Bank is pleased to announce that Mr. Daryl Raymond has assumed the Chairmanship of the Board of Directors of the Bank, for a three (3) year term.

Mr. Raymond has the distinction of being among the youngest Chairpersons of a major statutory entity and bank in the region.

A finance professional by training, Mr. Raymond has the honor of being a 2015 Commonwealth Scholar. He is a graduate of the University of the West Indies, Cavehill Campus, Barbados, from where he attained a Bachelor of Science Degree (B.Sc) in Banking and Finance, with First Class Honors.

Mr. Raymond also holds a Master of Science (M.Sc.) with Distinction, in Development Finance from the University of Manchester. His research has focused on the link between remittance inflows and economic growth, as well as microfinance and development.

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Mr. Raymond is presently the Country Manager for Rainforest Adventures St. Lucia. He has also been employed as a Senior Consultant with Deloitte – attached to the USAID Caribbean Clean Energy Project.

Within the sphere of the public service, Mr. Raymond served as Contracts Manager at the Ministry of Infrastructure, Port Services and Transport. In addition, he has served on numerous statutory boards including the Board of Directors of Invest St. Lucia.

In the early stages of his career, Mr. Raymond served as a lending Officer at the SLDB. He now returns to lead the policy direction and overall corporate governance of the SLDB at a crucial time when the Bank is called upon to play a leading role in supporting inclusive development.

Speaking on his appointment, the new Chairman noted the significance of the task at hand. “The SLDB is well placed to implement bold and innovative banking solutions that support sustained, people-centered economic growth. To achieve its mandate, the Bank’s policies and procedures must be efficient, robust, and responsive to the needs of both the public and private sectors.” Mr. Raymond thanked the Government of St. Lucia for the confidence shown in the Board, particularly in relation to the Cabinet’s urgent support in strengthening the Capital base of the Bank.

In addition to his academic and professional pursuits, Mr. Raymond has also been immersed in community activism. He is a former 1st – Vice President of the St. Lucia National Youth Council, a former Director on the Board of the Community Development Foundation (CDF), and a former Secretary of the St. Lucia Kennel Club.

Source: Saint Lucia Development Bank

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Editorial Staff
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Our Editorial Staff at St. Lucia Times is a team publishing news and other articles to over 200,000 regular monthly readers in Saint Lucia and in over 150 other countries worldwide.

6 COMMENTS

  1. I am so disgusted by Pip…. politically inept person. He really had me fooled but has turned out to be the consummate traitor against his own. I regret voting for this farce. Those who had their plans to oust you in favor of someone who their believed to have a more fitting PM image are the very ones you now have occupying high level positions …. I wish you well but I can never vote for you after you turned on your very own. 1 term pip

  2. Most will focus on this part of his profile: “His research has focused on the link between remittance inflows and economic growth, as well as microfinance and development;” which means he studied how overseas relatives, sending money back home, affected the home islands’ economies; as well as how to administer small business loans – a couple of tasks that take just a little more effort than figuring out that water is wet!

    What caught my attention is that he has been, and still is, a recipient of ‘remittances’ from USAID (read that as, the see-eye-A; definitely not the YMCA). His new position is key to enable the Americans to keep tabs on everything happening in St. Lucia (The question is how many in this current administration are paid agents of the US intelligence agency; which in no way means that the past administration was not also heavily infiltrated & compromised).

    This appointment is confirmation that the see-eye-A is still active in the Eastern Caribbean promoting their “Moron Doctrine”, even after 60 years (anyone remember the Cuban Airlines Flight 455 from Barbados to; well, it never did get to Jamaica, did it?)

    • The only thing this boy-toy is qualified for is padding his LinkedIn profile!

      Someone should explain to me how being country manager for Rainforest Adventures qualifies him to assume the Chairmanship of the Board of Directors of the SLDB!

      But, as Ydege remarks, the SLP has restarted their “Jobs for the Boys” program!

      My ire increased when I read this: “The SLDB is well placed to implement bold and innovative banking solutions that support sustained, people-centered economic growth. To achieve its mandate, the Bank’s policies and procedures must be efficient, robust, and responsive to the needs of both the public and private sectors.”

      This is what passes these days as a serious policy statement? Not one word from Raymond about what HE explicitly will initiate ( even an outline would suffice) as part of his stewardship on behalf of St. Lucian citizens!

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