Kevin Greenidge appointed as the next governor of the Central Bank of Barbados

The Central Bank of Barbados has announced the appointment of Kevin Greenidge as its eighth governor, effective March 1, 2023.

Greenidge was most recently a Senior Economist at the International Monetary Fund (IMF). However, from 2018 until 2022, he took a leave of absence to act as Senior Economic Advisor to the Government of Barbados, where he was instrumental in the design and implementation of the Barbados Economic Recovery and Transformation (BERT) program.

He spent 17 years at the Central Bank of Barbados, where he rose through the ranks to become the bank’s director of research and economic analysis from 2009 to 2011.

His more than 25-year career spans economics, finance, and public policy. He co-edited two books, Aspects of Financial Liberalization and Capital Market Development in the Caribbean (2008) and Proceedings of the Conference on “Corporate Governance in the Financial Sector” (2003), and he has published over 200 papers in regional and international journals on a range of topics, including the measurement of financial liberalization and the challenges of policymakers in small developing countries, issues of exchange rate misalignment in the Caribbean, cross country monetary effects, and growth and convergence in the Caribbean.

His current research focus is on growth and debt dynamics in small island economies, the macroeconomic effects of governance and corruption, and on fiscal multipliers and growth.

Greenidge is a member of the International Atlantic Economic Society, the Western Economic Association, and a Fellow of the Cambridge Commonwealth Society. He is also a referee for a number of journals.

With his appointment, Greenidge will succeed Cleviston Haynes as governor.

Haynes, a lifelong central banker, demitted office on January 31, after 6 years at the helm.

Acting Governor Alwyn Jordan will continue to oversee the bank’s day-to-day operations until March.

“I am delighted that Dr. Greenidge is taking up the post of governor. He is an accomplished economist, with a vast range of experience in economic research, management, and policy making. We look forward to working with him, as we seek to support the country’s economic recovery while ensuring that we fulfill our mandate,” Jordan commented. -(CMC)