Career central banker Dr. Jide Lewis has been appointed to the position of Deputy Governor, Financial Institutions Supervisory Division and as Deputy Supervisor of Banks, Financial Holding Companies, and Other Specified Financial Institutions (“Deputy Supervisor”) of the Bank of Jamaica, with effect from 16 June 2022.
In this capacity, he will have responsibility for ensuring the relevance and adequacy of the legislative and regulatory framework and operational infrastructure to satisfy the statutory and supervisory responsibilities necessary to support the Bank’s financial system stability mandate and ensure the effective supervision and regulation of deposit taking institutions and specified institutions. In his capacity as Deputy Supervisor, Dr. Lewis will be an ex-officio member of the Bank’s Financial Policy Committee, Supervisory Committee and Financial System Stability Committee.
Dr. Lewis is a career central banker, who began his career at Bank of Jamaica in 2004 serving as an Economist, and then as Senior Economist in the Financial Stability Department. Later on, he was promoted to the role of Chief Economist for the Economic Information and Publications Department. He subsequently joined the Financial Institutions Supervisory Division of Bank of Jamaica as Division Chief in 2016 and has been serving as Chief Prudential Officer for the Division since July 2020. He holds a PhD in Economic Development Policy from the University of the West Indies and is also a Chartered Financial Analyst and a Certified Financial Risk Manager.
Dr. Lewis will succeed Deputy Governor and Deputy Supervisor Maurene Simms, CD, who demits office in June 2022. The Bank takes this opportunity to record our appreciation to outgoing Deputy Governor Simms for her over 40 years of sterling service to Bank of Jamaica.