New ECCB Governor to assume duties February 1

Timothy Antoine
Timothy Antoine

Mr. Timothy N. J. Antoine, a national of Grenada, assumed duties as the third Governor of the Eastern Caribbean Central Bank (ECCB) on 1 February 2016.

He is an economist and development practitioner by training, experience and passion.

Before taking up the position of Governor, Mr. Antoine served as Director for Grenada on the ECCB Board of Directors for the periods: 2002 to October 2005 and January 2008 to January 2016.

Mr. Antoine’s 22-year tenure with the Government of Grenada was spent in the Ministry of Finance where he began as a Planning Officer in 1993 and rapidly moved up the ranks to Senior Economist before being appointed Permanent Secretary, serving in that position for the periods August 1999 to
October 2005 and January 2008 to January 2016.

From November 2005 to November 2007, he served as Advisor to the Executive Director for Canada, Ireland and the Caribbean in the World Bank Group and was based in Washington D.C. In that role, he offered analysis and advice on various development policies and projects and was a strong advocate for the interests of the Caribbean and small States.

He was a Part-Time Lecturer in Economics and Development at St George’s University from 1999- 2000.

Mr. Antoine has also contributed to the development of the OECS and wider Caribbean in various ways including serving on several local, regional and international boards and committees including:
• Chairman, Grenada’s Homegrown Programme Monitoring Committee
• Chairman, Grenada Authority for the Regulation of Financial Institutions
• Chairman, Investment Committee, Grenada National Insurance Board
• Chairman, Governance Reform Committee, Board of Directors, Caribbean Development Bank
• Director, Board of Directors, CARICOM Development Fund
• Director, Caribbean Catastrophe Risk Insurance Facility
• Chairman, ECCU Technical Core Committee on Insurance

Mr. Antoine, holds a MSc Degree in Social Policy and Planning in Development Countries from the London School of Economics and a BSc Degree in Economics with Management from the University of the West Indies. He has also received training from the Small Countries Financial Management
Centre in the Isle of Man and training in Negotiations at the Said International School of Business, Oxford University. He also has a Certificate in Project Cycle Management from the Caribbean Development Bank (CDB).

Other passions include reading, music, speaking with youth and sports.

Mr. Antoine is a man of deep faith. He has served as Chairman of the Board of the St George’s Bible Holiness Church.

He is married to Charmaine Antoine nee Rouse. They have two daughters: Chereece and Yaana.

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3 Comments

  1. joli
    January 29, 2016

    Some time late last year i read in THE SUN a headline welcoming Dr Leon as the new Governor so as usual the info was wrong.Why don’t these propaganda news outlet verify their reports. Up to now no correction on the headline,what a shame.

  2. Floridian diaspora
    January 29, 2016

    As a God fearing man I want you to do one thing for me. Keep an eye and a listening ear out for any suspected offshore banking that might be in the works by certain Caribbean prime ministers. They’re selling their country’s passports endlessly and their citizens don’t know where that money is going. We need accountability.

  3. LifeandDeath
    January 29, 2016

    Mr. Antoine Congratulations on your new post. I admire your accomplishments especially ’cause you appear so young. Hopefully you could benefit from your experience in your new function.
    I think this is a time where the ECCB must turn the page from mostly monitoring and regulating to also observe the economies of each of the islands and offer policies that will optimize the potential of each. It would be worthwhile to look into reducing interest rates on mortgages for a start..too many young people reaching 40yrs and still can’t approach the bank. I don’t think our social policy is planning for a homeless old age population in the next 30 yrs..Social Security may not be able to pay benefits neither..where will we be?..Health care would have skyrocketed too..I think the reserves can accommodate that adjustment to avoid a social catastrophe in the near future..Let’s put our people first..

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