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Membership

Like all the shareholders, Jamaica appoints a Governor, who represents the country on the Board of Governors.

For day-to-day business at the Bank's Headquarters in Washington, D.C., Jamaica is represented by a chair on the Board of Executive Directors. The chair, shared with Bahamas, Barbados, Guyana, and Trinidad and Tobago, is headed by an Executive Director, who is elected to a three-year term by the Governors of Jamaica, Bahamas, Barbados, Guyana, and Trinidad and Tobago.

The Executive Director's Office - IDB Headquarters

Executive Director:
Richard Bernal (From Jamaica)
Alternate Executive Director:
Kurt Kisto (From Trinidad and Tobago)
Temporary Alternate Executive Director(s):
Maxim Ali (From Guyana), Cheryl Morris-Skeete (From Barbados), Christine Thompson (From Bahamas)
Counselor(s):
Maxim Ali (From Guyana), Cheryl Morris-Skeete (From Barbados), Christine Thompson (From Bahamas)
Elected By:
Bahamas, Barbados, Guyana, Jamaica and Trinidad and Tobago
Number of votes:
144,116 (1.53% of the institution's ownership)

Contributed Capital from Jamaica (as of 12/31/2009 )

  US$ Million
Ordinary Capital: 581.70
Paid-in: 24.90
Callable: 556.80
Fund for Special Operations: (after exchange adjustments) 28.80
 
TOTAL CONTRIBUTION: 610.50

The Governor

  • Governor: Peter D. Phillips, Minister/Ministry of Finance and Planning
  • Alternate Governor: Wesley Hughes, Director General /Ministry of Finance and Planning
  • Communications between the Governor and the Bank: Ministry of Finance and Planning
  • Number of shares: 55,057 (0.59% of the institution's ownership)

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