The BVI Financial Services Commission has announced that Mr Kenneth Baker has been promoted to managing director and chief executive officer, with effect from 1 February 2021.

Mr Baker’s new responsibilities include oversight of all aspects of the regulator’s day-to-day operations including the oversight of the BVI’s financial services industry; the development of new services; strengthening product offerings aimed at developing, and enhancing the attractiveness of the BVI as a premier international finance centre; and liaising with government and private sector stakeholders in pursuance of this objective.

Mr Baker’s promotion to managing director follows Dr Robert Mathavious, OBE who recently retired from the position after 18 years of service as the FSC’s first managing director/chief executive officer.

On behalf of all of Harneys, we congratulate Mr Baker on his new role and wish him all the best.

The Commission’s press release can be found here.

Our recent blog post on Dr Robert Mathavious retirement can be found here.