2019-2020 Annual Report and Statement of Accounts

CORPORATE GOVERNANCE

Awards were presented to the banks that were adjudged to have demonstrated excellence in the following categories: 1. Corporate Social Responsibility 2. Corporate Governance 3. Customer Service 4. Financial Education and Empowerment 5. Risk Management 6. Technological Innovation

The Inaugural Bank of the Year Awards recipients were: 1. Antigua Commercial Bank – Corporate Governance

2. St Kitts-Nevis-Anguilla National Bank – Corporate Social Responsibility 3. CIBCFirst Caribbean International Bank, Saint Lucia - Customer Service 4. Republic Bank (Grenada) Ltd – Financial Education and Empowerment

Recipients of the Inaugural ECCU Bank of the Year Awards L-R: General Manager, St Kitts-Nevis-Anguilla National Bank Limited, Donald Thompson; Managing Director, Grenada Co-operative Bank Ltd, Richard Duncan; Deputy Managing Director, Bank of Saint Lucia Ltd, Lyndon Arnold; General Manager, Antigua Commercial Bank, Joanna Charles; Country Head, CIBC/FCIB (Barbados) Limited, Ladesa James; Officer-in-Charge, Marketing. Communication and Customer Care, Republic Bank (Grenada) Limited, Lorna Samuel-Skocic

5. Grenada Co-operative Bank – Risk Management 6. Bank of Saint Lucia Ltd – Technological Innovation

Student Programme for Innovation in Science and Engineering (SPISE) The ECCB has been supporting the Student Programme for Innovation in Science and Engineering (SPISE) since 2017. The programme is offered to Caribbean secondary school students, 16-17 years of age, who are gifted in Science, Technology, Engineering and Mathematics and are interested in studying and exploring careers in these disciplines. The four-week summer programme is a replica of the well-known Minority Introduction to Engineering and Science (MITS) programme offered by the Massachusetts Institute of Technology (MIT). In 2019, the ECCB sponsored two students; Keondre Herbert of Antigua and Barbuda and Delaan Nedd of Saint Vincent and the Grenadines. Keondre went on to be accepted at Colombia University, an Ivy League institution in the United States of America. ECCU Bright Sparks Programme In July 2019, Jenielle Brathwaite from the TA Marryshow Community College in Grenada, Olivia Langhorne from the Sir Arthur Lewis Community College in Saint Lucia and Christina Cho from the Clarence Fitzroy Bryant College in Saint Christopher (St Kitts) and Nevis were welcomed into the ECCB 2019 Bright Sparks Programme. They were attached as interns to the Management Information Systems Department with their primary focus on the Digital EC Currency (DXCD) Pilot FinTech project. They assisted in providing IT support as part of the wider DXCD Pilot FinTech project team and were charged with injecting fresh ideas into ECCB’s most anticipated project, which will radically change the way payments are made in the ECCU.

ECCB’s 2019 SPISE Sponsored Students: Delaan Nedd (left) and Keondre Herbert (Right)

View Inaugural Bank of the Year Awards

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| EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2019-2020