Governor Stefan Ingves, Chair, and Babak Abbaszadeh, CEO, Toronto Centre for Global Leadership in Financial Supervision, are pleased to announce the board appointments of Governor Timothy Antione and Deputy Governor Elsie Awadzi.
Mr. Antoine, a national of Grenada, assumed duties as the third Governor of the Eastern Caribbean Central Bank (ECCB) on February 1, 2016.
Mr. Antoine is an economist and development practitioner by training, experience, and passion. He holds a BSc degree in Economics with Management from the University of the West Indies and an MSc degree in Social Policy and Planning in Developing Countries from the London School of Economics.
From November 2005 to November 2007, Mr. Antoine 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.
At present, he is the Chairman of the Eastern Caribbean Home Mortgage Bank, the Chairman of the Eastern Caribbean Securities Exchange, and the Chairman of CCRIF SPC.
Mrs. Addo Awadzi has over 27 years of professional experience working in various capacities in Ghana and internationally in law, finance, policy and regulatory reforms, financial sector regulation, sustainable development, and public financial management, among others. She is the Second Deputy Governor of the Bank of Ghana, a position she has occupied since February 2018. She is the second woman to occupy the Office of Deputy Governor in the Bank of Ghana’s 66-year history.
Before her appointment as Deputy Governor, Mrs. Addo Awadzi was Senior Counsel of the Financial and Fiscal Law Unit of the International Monetary Fund (IMF). Previously, she was a Commissioner of Ghana’s Securities & Exchange Commission for six years and worked as an independent consultant for the World Bank, IFC, DfID, Commonwealth Secretariat, and USAID.
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Established in 1998, Toronto Centre was founded by the Government of Canada (Finance Canada, and then CIDA), Schulich School of Business and the World Bank Group. It is an independent multilateral not-for-profit organization that promotes financial stability and financial inclusion by strengthening the capacity of financial supervisors and regulators, primarily in emerging markets and developing countries. Toronto Centre is an implementation partner of the Network for Greening the Financial System (NGFS), International Organization of Securities Commissions (IOSCO), and the International Association of Insurance Supervisors (IAIS). The Centre is primarily supported by Global Affairs Canada, the Swedish International Development Cooperation Agency (Sida), the IMF, and other valuable international partners.