The Monetary Council has approved the reappointment of Timothy N J Antoine as Governor of the Eastern Caribbean Central Bank for another five-year term commencing Monday, February 01.
In conveying the Monetary Council’s decision, Chairman of the Monetary Council Dr The Honourable Timothy Harris remarked: “The Council commends the Governor for his stewardship over the past five years and especially over the past year. Governor Antoine has led the Bank with vision, empathy and with a keen eye for innovations that have helped to lift the people of our region”.
In commenting on the Monetary Council’s decision, Governor Antoine thanked the Monetary Council for its support throughout his first term and its confidence reposed in him to continue to lead the Bank. “It is my distinct privilege to serve the governments and people of our Currency Union. I look forward, with the support of the Council, Board and our team, to the implementation of the Programme of Action for Recovery, Resilience and Transformation and the rollout of the Bank’s new strategic plan. Our pursuit of socio-economic transformation continues”.
Governor Antoine assumed duties asthe third Governor of the Eastern Caribbean Central Bank (ECCB) on February 01, 2016.
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.
His then 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 and has also been conferred with an Honorary Doctorate in Humane Letters for services to Grenada and St George’s University (2018).
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. He holds an 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.