Bitt announced that Senator the Honourable Rawdon Adams has moved on from his role as Chief Executive Officer of the Barbados-based group of financial technology companies, effective February 17, 2020.
Senator Adams joined Bitt in October 2017, and since then has successfully steered the company towards greater stability and global prominence. Under his leadership, Bitt has become an international leader in Central Bank Digital Currencies (CBDCs). Most notably, Bitt secured a landmark contract to create a digital Eastern Caribbean dollar (DXCD) for the Eastern Caribbean Central Bank (ECCB). The highly anticipated DXCD pilot will launch within a few months.
In Barbados, Bitt successfully completed the Regulatory Sandbox governed by the Central Bank of Barbados and the Financial Services Commission, under Senator Adams’s leadership. The company has also developed strategic partnerships with over a thousand businesses to constitute the mMoney Merchant network, including Surepay, ICBL, Sol, A1 Supermarkets, Coffee Bean, and Automotive Art.
The Board of Directors and staff at Bitt are sincerely grateful to Senator Adams for his leadership and service and wish him well in his future endeavours. President of Bitt, Brian Popelka, who served alongside Senator Adams since 2018, will continue to provide operational and strategic leadership for the group in his current capacity.