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16th of October 2018

Bermuda News



Barbados bank official on island | The Royal Gazette:Bermuda News

News Staff

Published Sep 17, 2018 at 8:00 am (Updated Sep 17, 2018 at 8:04 am)

The Financial Policy Council in discussion (Photograph supplied)

The Financial Policy Council in discussion (Photograph supplied)

David Burt, the Premier, with DeLisle Worrell, past Governor of the Central Bank of Barbados (Photograph supplied)

David Burt, the Premier, with DeLisle Worrell, past Governor of the Central Bank of Barbados (Photograph supplied)

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The former governor of the Central Bank of Barbados was on the island to meet fellow members of the Bermuda Financial Policy Council.

DeLisle Worrell was recently appointed to the council, which was created to advise on the development of Bermuda’s financial stability framework.

The financial climate and other key socio-economic areas of concern were up for discussion at last Wednesday’s meeting, which took place at the Bermuda Monetary Authority.

Dr Worrell was welcomed to Bermuda by David Burt, the Premier.

Members of the council include Mr Burt, Sir Andrew Large, the former deputy governor of the Bank of England and Jeremy Cox, CEO of the Bermuda Monetary Authority.

Other members are Michael Butt, chairman of Axis Capital Holdings, Dame Amelia Fawcett, chairwoman of the Hedge Fund Standards Board, and Gil Tucker, former Bermuda managing partner of EY, who is on the board of HSBC Bermuda.

The council is supported by the Ministry of Finance and the BMA.

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