The Central Bank of Barbados will have a new governor effective January 1.
On Thursday, Finance Minister Christopher Sinckler revealed that Cleviston Haynes has been appointed as Governor of the Central Bank of Barbados for a period of five years, with effect from January 1.
The new Governor, who has acted in the position since February 24, has over 37 years’ experience in central banking, with emphasis on macroeconomic policy and bank regulation.
Haynes started his career at the Bank as a research trainee in 1980, and held various positions including Advisor to former Governors Calvin Springer, Winston Cox, and Dr. Marion Williams.
He was Deputy Governor from February 2009 until early this year.
His tenure at the Central Bank was briefly interrupted from 1987 to 1989, when he served as technical assistant to the Canadian Executive Director at the International Monetary Fund (IMF).
Haynes attended the University of the West Indies, Cave Hill Campus, where he received a Bachelor of Science in Economics.
He later went on to the University of Western Ontario and earned a Master of Arts in Economics.
He has also authored and co-authored a number of publications, principally on economic policy, debt and financial sector issues.