The Financial Services Commission (FSC), which regulates the island’s financial services sector along with the Central Bank of Barbados, has appointed a new chairman and a new member to its Board of Commissioners.
Oliver Jordan, the new chairman, has over 25 years of experience in Canada and the Caribbean as a leader in the banking, insurance, tourism, and professional services industries. His previous roles included chief operating officer for Insurance Corporation of Barbados Ltd., Partner for Advisory Services of PwC East Caribbean, Managing Director (Barbados & EC) for CIBC FirstCaribbean Bank and CEO of the Barbados
He is also a past president of the Barbados Bankers’ Association and a past director and treasurer of the Caribbean Hotel & Tourism Association (CHTA).
Bringing a strategic and highly practical experienced background to the FSC, Jordan was the former Court-appointed Judicial Manager for the restructuring of CLICO’s operations in Barbados and the Eastern Caribbean.
Presently, Jordan is chairman of UWI’s University Audit Committee of the Dean’s Council at the Faculty of Law, Cave Hill and chairman of Hotels & Resorts Ltd. (Gems of Barbados).
He holds the designations of Fellow Chartered Professional Accountant of Ontario (FCPA, FCA), and Fellow Chartered Accountant (FCA) of the Institute of Chartered Accountants of Barbados. He is also a Certified Fraud Examiner (CFE) and member of the Institute of Corporate Directors of Canada.
A former Barbados Scholar, Jordan also has a Bachelor of Commerce degree from the University of Toronto and an MBA with a Banking & Financial Services speciality from the Schulich School of Business at York University in Toronto, Canada. Meanwhile, Henderson Holmes has been appointed a member of the FSC’s Board of Commissioners.
He is the first executive director of the Barbados International Business Association (BIBA) where he served from 2003 to 2020. He is credited with establishing that organisation’s secretariat and effecting national recognition of the existence and importance of that association and the international business sector.
Holmes held senior positions in central government and in the Barbados Investment and Development Corporation, the last of which was the director of the New York Office. He also worked as a consultant in international business and strategic planning. He has a Bachelor of Science in industrial management from The University of the West Indies, St. Augustine. (IMC1/PR)