Amid concerns over the handling of affairs at the Ministry of Finance, Neil Smith has been replaced as Financial Secretary in that ministry.
His replacement is Glenroy Forbes.
Smith has been sent to the recently established Office of International Business Regulations, where he will serve as Executive Director.
In that role, he has to facilitate synergy between the government, the regulator, and the industry in achieving the jurisdiction’s business development, strategic, and policy objectives.
In the meantime, Forbe’s appointment as Financial Secretary in the Ministry of Finance took effect on June 6.
Governor John Duncan appointed him in accordance with the Virgin Islands Constitution, and in accordance with advice from the Public Service Commission, said a release from the Government Information Service.
It added that, as Financial Secretary, Forbes is the Chief Financial Advisor to the Minister of Finance.
He is no stranger to that ministry, having previously served as Financial Secretary from 1991 to 1998, and again from 2002 to 2005.
Prior to those appointments, Forbes held the post of Deputy Financial Secretary from 1986 to 1991.
He served in the US Virgin Islands Department of Labour as a Senior Research Analyst from 1984 to 1986, before he joined the Ministry of Finance in the British Virgin Islands.
Forbes exited the Public Service in 2001, and worked as an Associate Lawyer for Harney Westwood and Riegels.
From 2005 to present, he co-founded and served as a senior partner for Forbes Hare Law Chambers.
Forbes attained a Bachelor of Laws with Honours from the University of Wales in 2000.
He holds a postgraduate diploma in professional legal studies, and is a member of the Honourable Society of Lincoln’s Inn.
Forbes was appointed a member of the Bar of England and Wales, and a member of the Bar of the Eastern Caribbean Supreme Court BVI Circuit in 2001.
He holds a Master of Arts in Economics from the School of Graduate Studies, Morgan State University, with courses in money, banking and public finance.
This article was posted in its entirety as received by bvinews.com. This media house does not correct any spelling or grammatical error within press releases and commentaries. The views expressed therein are not necessarily those of bvinews.com, its sponsors or advertisers.