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BVI Finance announces new board members

February 13th, 2025 | Tags: Virgin Islands BVI Finance Board Members AGM election
Members of the BVI Finance Board following the Annual General Meeting on February 11, 2025. Photo: BVI Finance
The BVI Finance Board members will serve a two year term. Photo: BVI Finance
The BVI Finance Board members will serve a two year term. Photo: BVI Finance
ROAD TOWN, Tortola, VI- Two new members and three returning members were elected to the BVI Finance Board during a highly-contested election at the organisation’s Annual General Meeting (AGM) on Tuesday, February 11, 2025.

According to a press release from BVI Finance on February 12, 2025, the new board members are Fanny Evans of MMG Trust and Deon M. Vanterpool of Bank of Asia. 

Re-elected to the board are Sabinah Clement of Vistra, Kayla Laidlaw of Deloitte, and George Weston of Harneys, who were members of the 2024 board. The board members will all serve a term of two years. 

They will all join returning board directors Jonathan Bailey of Rawlinson & Hunter, Chris Newton of Maples, Christopher Simpson of O’Neal Webster, and Iona Wright of Walkers and government appointed representatives Jeremiah G.A. Frett, Financial Secretary of the Ministry of Finance, and Ayana I. Glasgow, Executive Director of International Business Regulations at the Ministry of Financial Services, Economic Development, and Digital Transformation.

Their expertise & knowledge will play critical role in initiatives of BVI Finance- CEO

Chief Executive Officer of BVI Finance Elise Donovan said, “Their collective expertise and industry knowledge will play a crucial role in steering BVI Finance’s initiatives and strategic objectives.” 

Meanwhile, Chair of the Board of Directors Sabinah Clement expressed her gratitude for the opportunity to lead the board in 2024. She said they remain confident in the Virgin Islands’ future as a premier financial services center. 

“Our strategic participation in key global events, our strengthened regulatory framework, the growing digital assets ecosystem, and our deepening international partnerships all position us to navigate future challenges while leveraging new opportunities,” she added. 

3 Responses to “BVI Finance announces new board members ”

  • Streamline .... (13/02/2025, 18:30) Like (9) Dislike (1) Reply
    As major economies streamline regulations to foster business growth, we seem determined to move in the opposite direction—complicating, rather than facilitating, enterprise. Lawyers, by their nature, construct processes not for efficiency but to ensure their own indispensability. Their tendency toward over-analysis often leads to a paralysis of execution, which is precisely why so few of them excel in leadership roles, whether in business or government. Consider something as straightforward as opening a bank account—elsewhere in the region, it can be done from the comfort of one’s home, yet in the BVI, it remains an all-day ordeal. This is no coincidence. It all begins with the boards that craft and implement policy, and when bureaucracy becomes the policy, stagnation follows.
  • bvibuzz (14/02/2025, 06:13) Like (0) Dislike (0) Reply
    Poor Ms Donovan with some elements on that board
  • Karnage (14/02/2025, 11:39) Like (2) Dislike (2) Reply
    Project Infiltration in full effect.


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