Financial Services Commission Appoints Two Senior Executives

The Financial Services Commission has announced the appointment of two senior executives – Warrick Ward will be the new Chief Executive Officer while Dr. Corlita Babb-Schaefer has been appointed the General Counsel and Corporate Secretary. (FSC)

 

Monday, January 16, 2023 – Bridgetown, Barbados The Financial Services Commission announces the appointment of two senior executives.

Chief Executive Officer Appointment

Effective January 18, 2023, Warrick Ward will be the new Chief Executive Officer at the FSC.

The experienced industry leader brings a wealth of financial services knowledge from his previous roles as Advisor to the Governor at the Central Bank of Barbados, Chief Executive Officer of the Barbados Deposit Insurance Corporation, and Chief Executive Officer of NCB Capital Markets in Barbados.

He has also served as Deputy and Acting Chief Executive Officer at the Financial Services Commission between 2012 and 2015. Warrick holds a Master’s in International Business and Financial Studies from the University of Southampton and several years of training in the areas of Strategic Planning, Portfolio Management, Governance, and Credit Risk Management, among others.

General Counsel Appointment

On January 3, 2023, the Commission welcomed Dr. Corlita Babb-Schaefer as its new General Counsel and Corporate Secretary. She is an experienced attorney-at-law, having been admitted to the Bar almost 30 years ago.

Her extensive experience spans both the public and private sectors – locally, regionally, and internationally – in the areas of International Trade Law, Company Law, and several other areas. From 2017 to 2022, Dr. Babb-Schaefer served at the Caribbean Community (CARICOM) Secretariat in the role of General Counsel, providing legal advice to the Executive Management and representing CARICOM in legal proceedings.

She has also held various roles across the public sector, including the Department of Public Prosecutions, Corporate Affairs and Intellectual Property Office, the Ministry of Foreign Affairs & Foreign Trade, and the Attorney General’s Chambers. In addition to being a graduate of the University of West Indies (Cave Hill), Dr. Babb-Schaefer holds an LLM in Commercial Law and a Ph. D. in Company Law from Cambridge University. (GIS)

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