Central Bank of Barbados
 
About the Bank  
  ORGANIZATION

HOW IS THE BANK ORGANIZED?

BOARD OF DIRECTORS

At the head of the Central Bank is the Board of Directors which is appointed by the Minister of Finance. It is responsible for the policy and general administration of the Bank.

GOVERNOR

The Governor, who is appointed by the Minister of Finance, serves as Chief Executive Officer of the Bank and Chairman of the Board. He / She is responsible to the Board of Directors for the execution of its policy and the management of the Bank.

DEPUTY GOVERNORS

The Deputy Governor (Operations) is responsible for the operations of the following departments: Accounts, Banking, Currency and Investments, Foreign Exchange and Export Credits while the Deputy Governor, Research and Supervision is responsible for the operations of the Research, Management Information Systems and the Bank Supervision Departments.

SENIOR MANAGEMENT COMMITTEE

A Senior Management Committee comprising the Governor, Deputy Governors, Advisors and two Senior Directors, meets weekly to review and give direction regarding the Bank’s operations and policies.

FULL MANAGEMENT

A management meeting comprising the Governor, Deputy Governors, the Secretary, Advisers to the Governor and Directors and Deputy Directors of Departments is convened fortnightly to share information and receive direction to guide their operation portfolios.

OPERATIONS DIVISION

Within the Operations Division are three departments:

  • Accounts
  • Banking, Currency and Investments
  • Foreign Exchange and Export Credits

RESEARCH AND SUPERVISION DIVISION

Within the Research and Information Division are three departments:

  • Bank Supervision
  • Management Information Systems
  • Research

 

View Organizational Chart

 

 
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