SAN JUAN – The Monetary Council of the Eastern Caribbean Central Bank has appointed former Grenadian Finance Ministry official Timothy Antoine as the new governor of the financial institution.
Antoine will replace Kenneth Dwight Venner, who served as ECCB governor since 1989 and announced his retirement in November, the Caribbean Community said Monday in a statement.
Antoine is expected to begin his new position on Feb. 1.
The new governor served for 14 years as permanent secretary of Grenada’s Ministry of Finance and was a member of the ECCB Board for 12 years.
He was chairman of the Grenada Authority for the Regulation of Financial Institutions and adviser to the executive director for Canada, Ireland and the Caribbean region at the World Bank Group.
Founded in 1983 by Antigua and Barbuda, Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines, the ECCB manages the regional currency, the Eastern Caribbean dollar.