Amid a seeming veil of secrecy around the salary of Paul Bayly — the CEO of the Recovery and Development Agency (RDA) — Premier Dr D Orlando Smith revealed on Thursday that the RDA boss takes home a base salary of $25,000 per month.
Speaking in the House of Assembly, Premier Smith said: “The agreement [between government and Bayly] provides for a sum of $300,000 per annum and an allowance $8,333.34 per annum. In addition, the Agency provides for one round-trip ticket for Mr Bayly and his family from New Zealand.”
And with the exception of the board’s CEO, its Chairman, and the three members who sit as representatives for the governor, the UK, and the Caribbean Development Bank, all members of the RDA board are paid a stipend.
Premier Smith described this as a “standard practise in the Virgin Islands public service”. He said the stipend board members receive is commensurate with what is typically paid by other statutory boards in the public service.
Dr Smith said the Deputy Chairman of the board is paid $30,000 per annum while the remaining members get an annual stipend of $9,600.
“In addition, as is standard practice in the other statutory boards in the government of the Virgin Islands, expenses incurred while in the execution of their duties as board members such as travelling and accommodation expenses are expected to be paid by the board, including allowance of $300 per day for overseas travel,” the Premier told the House of Assembly.
The RDA board comprises chairman Dr Robert Mathavious, deputy chair Clarence Faulkner, Pastor Gregory George who was selected by the Premier, Maria Mays who is the governor’s representative, Sharie DeCastro who was selected by the Opposition leader, David Hancock who is the UK’s representative, Monica La Bennett who was selected by the Caribbean Development Bank, and Clyde Lettsome — private sector representative.
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