Cleviston Haynes has been named as Acting Governor of the Central Bank of Barbados.
Haynes, who served as Deputy Governor for six years, replaces former Governor, Dr. DeLisle Worrell whose contract was terminated late February.
“My immediate focus will be on working with government on ways to address the country’s economic challenges and on strengthening the Bank’s reputation as a centre of excellence,” Haynes said.
Haynes joined the Bank in 1980 as an economist and has served in several other capacities, including Chief Economist, Adviser to the Governor, Director, Bank Supervision Department, and most recently as Deputy Governor. He has also served as Technical Assistant to the Executive Director for Canada, Ireland and the Caribbean at the Executive Board of the International Monetary Fund (IMF) during the period 1987-1989.
Haynes represents the Bank on several boards and committees locally and regionally, and most recently served as the Chairman of the Regional Financial Stability Coordinating Council (RFSCC), which prepared the inaugural Caribbean Regional Financial Stability Report in 2016.
Married to Claire Downes-Haynes and the father of two, he has authored a number of academic papers in local and international publications, including papers on monetary policy and financial sector issues, and debt management in the Barbados economy.
Article compliments the Central Bank of Barbados.