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Caribbean Development Bank
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== Organization == === Board of Governors === The Board of Governors is the apex governing body of the CDB. It meets annually and has the authority to: * Admit new members * Amend the charter * Elect the Board of Directors and President * Change the bank's outstanding capital * Dissolve the bank. Each country is represented by one governor and one alternate, with the [[British Overseas Territories|British Overseas Territory]] members counted as one country. <ref name=":2">{{Cite web |title= |url=https://www.caribank.org./about-us/bank-organisation}}</ref> === Board of directors === The Board of Directors is responsible for: * Determining the bank's programs and annual budget * Overseeing its operations * Appointing the Oversight and Assurance Committee As with the Board of Governors, each country is represented by one director and one alternate. Directors serve renewable two-year terms. <ref name=":2" /> === President === The President is the chief executive officer of the CDB, and also serves as the Chairman of the Board of Directors. Different offices for communication, risk management, and compliance are part of the Office of the President. Presidential candidates are nominated by individual country members. A candidate must receive votes from two-thirds of the Board of Governors (representing 75% of the member countries) in order to be selected. The President serves for a five-year term, with the possibility of re-election.<ref name=":2" /> === List of presidents === The Bank has had seven presidents since its inception.<ref name=":0">{{Cite web|title=President {{!}} Caribbean Development Bank|url=https://www.caribank.org/about-us/bank-organisation/president|access-date=2021-01-20|website=www.caribank.org}}</ref> {| class="wikitable" !Name !Dates !Nationality |- |[[William Arthur Lewis]] |1970β1973 |{{flagcountry|Saint Lucia|variant=1967}} |- |[[William Demas|William G. Demas]] |1974β1988 |{{flagcountry|Trinidad and Tobago}} |- |Neville Nicholls |1988β2001 |{{flagcountry|Barbados}} |- |Compton Bourne |2001β2011 |{{flagcountry|Guyana}} |- |William Warren Smith |2011β2021 |{{flagcountry|Jamaica}} |- |Hyginus 'Gene' Leon<ref>{{Cite web |date=2021-01-20 |title=Saint Lucian Is New Caribbean Development Bank President |url=https://stluciatimes.com/saint-lucian-is-new-caribbean-development-bank-president/ |access-date=2021-01-20 |website=St. Lucia Times News |language=en-US}}</ref> |2021β2024 |{{flagcountry|Saint Lucia}} |- |Daniel Best <ref>{{Cite web |title=Caribbean Development Bank Appoints Daniel Best as its Seventh President {{!}} Caribbean Development Bank |url=https://www.caribank.org/newsroom/news-and-events/caribbean-development-bank-appoints-daniel-best-its-seventh-president |access-date=2025-02-17 |website=www.caribank.org}}</ref> |2025 - Present |{{flagcountry|Barbados}} |} === Corporate leadership === The two corporate leaders that report to the boards are the Vice-President Finance and Corporate Services and the Vice-President (Operations).
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