CAB Chair Joins CCJ Trust Fund Board

Mr. Dalton A. Lee, chairperson of the Caribbean Association of Banks Inc. (CAB) has been nominated to sit on the Board of Trustees of the Caribbean Court of Justice Trust Fund (CCJTF) as of 28 February 2019. Mr. Lee, the chairperson and one of the founders of Bank of Montserrat Limited, replaces Mr. Farid Antar as the CAB representative on the CCJTF Board of Trustees.

Mr. Antar, an experienced and highly respected banker with over 39 years of outstanding service in the banking industry in Trinidad and Tobago and Barbados, has been appointed Managing Director of Republic Bank (Ghana) Ltd., effective April 17, 2019.

Dr. Linton A. Lewis, chairperson of the CCJTF, commended Mr. Lee’s addition to the Board. Said Dr. Linton:

“We welcome Mr. Lee with great interest and look forward to benefitting from his knowledge and experience. We have no doubt that his contribution will be valuable, especially at a very crucial period in the history of the CCJTF. We cherished [Mr. Antar’s] contributions at our Board Meetings and wish him every success in his recent career development prospects.”

The Caribbean Court of Justice (CCJ) is the only integrative court of its nature funded through an independent Trust Fund. The CCJTF, developed to ensure the financial independence of the Court from political interference, was established with US$100 million from initial contributions of the member states by way of loans from the Caribbean Development Bank.

The Fund’s income is expected to finance the expenditures of the Court, remuneration of judges, inter alia, in perpetuity. The CCJTF Board of Trustees comprises representatives of various regional bodies, including the Caribbean Community; University of the West Indies; Insurance Association of the Caribbean; Caribbean Institute of Chartered Accountants; Organisation of Commonwealth Caribbean Bar Associations; Conference of Heads of the Judiciary of Member States of the Caribbean Community; Caribbean Association of Industry and Commerce; and the Caribbean Congress of Labour.

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About the CAB:

Established in 1974, the CAB is a community of banks and other financial institutions in the Caribbean Region, which proactively influences issues impacting the financial services sector through advocacy, education and networking. The CAB represents fifty-six (56) banks and financial institutions in the Caribbean with an asset base in excess of US$41 billion as at Dec 31, 2018, in addition to sixteen (16) Service members comprising regional and international technological and professional institutions and three (3) Honorary Members, and six (6) Associate Members, spanning 20 territories.

For more information contact:

Ms. Wendy Delmar
Chief Executive Officer
Email: cab@candw.lc
Tel (758) 452‐2877

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The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.

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