Scholarships established in honour of the late Robert Mathavious

The BVI Financial Services Commission (FSC) has announced the establishment of a new scholarship programme in honour of its late inaugural Managing Director and Chief Executive Officer, Dr Robert A. Mathavious, OBE, who passed away in September.

The announcement was made on 9 December 2025 during a tribute event at the H Lavity Stoutt Community College, where the FSC also presented an education grant to Dr Mathavious’ daughter, Jadyn Mathavious, to support her university studies. A separate donation was made to the Robert A. Mathavious Memorial Trust.

FSC Managing Director and CEO Kenneth Baker said the scholarship reflects Dr. Mathavious’s lifelong commitment to education and national development. “This is about investing in the future of the financial services industry, just as Mr Mac did throughout his career,” Baker said.

The Robert A. Mathavious Scholarship will be tenable at the Robert Mathavious Institute for Financial Services at HLSCC and will cover tuition costs for three aspiring financial services professionals each year. Application details will be released by the Commission in due course.

The tribute event drew nearly 300 attendees, including Dr Mathavious’s widow Prudence Mathavious, government officials, industry leaders and former colleagues. FSC Board Chairman Gerard Farara KC described Dr Mathavious as a leader whose “diplomatic, professional and interpersonal skills were central to building the Commission’s international reputation and credibility.”

Speakers reflected on his enduring legacy as a key architect of the territory’s modern financial services sector.