ECCB 2016/2017 Annual Report

ECCB ANNUAL REPORT 2016/2017

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» » The Bank launched its weekly programme, ECCB Connects in April 2016 as part of the thrust to provide the public with a better understanding of the role and functions of the ECCB and how its work affects their lives. » » An Office of Risk Management was established and a Chief Risk Officer appointed to implement the Enterprise Risk Management Framework. » » The Bank started the process of developing its Strategic Plan, which will set out its vision for the next five years (2017-2021). The Plan will also focus on goals that are needed to better reflect the expression of the Bank’s mandate and provide strategies to guide the accomplishment of these goals over the five-year period. » » The Strategic Planning and Projects Department was established in September 2016 to provide a focal point for the development and management of the Bank’s Strategic Plan. » » As part of the initiative to forge consensus on a plan of action for addressing growth, competitiveness and employment in the Eastern Caribbean Currency Union (ECCU), the inaugural Growth Dialogue with Social Partners was convened at the ECCB Headquarters on 1 March 2017. » » The Bank convened an inaugural meeting with the Commissioners of Police of the ECCB member countries on 2 February 2017 at the ECCB Headquarters. One of the objectives of that engagement was to engender an avenue for information sharing as it related to security matters and criminal activities in the ECCU.

HIGHLIGHTS OF THE YEAR