Eastern Caribbean Central Bank 2024-2025 Annual Report

EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2024 - 2025

Environmental, Social and Corporate Governance

Governance and Meetings Management The Governance and Meetings Management remit of the Unit focuses on making logistical and administrative arrangements for most meetings at the ECCB, including Statutory Meetings of the Monetary Council, ECCB Board of Directors, networking and consultative meetings with external stakeholders. A key highlight during the year was the successful coordination of the Bank’s flagship Annual Conferencewith Licensed Financial Institutions in November 2024. The Bank’s Strategic Plan defines the organisation’s goals for a five-year period, to achieve our mandate, fulfil our vision and advance the good of the people of our Region. The Bank, through the CGU, has been actively monitoring and supporting the implementation of key projects under the Bank’s Strategic Plan and providing quarterly updates to the Board of Directors. The updates provide an overview of the initiatives included in the 2022 2026 Strategic Plan to achieve the objectives under the five strategic themes: 1. Financial Stability; 2. Payments Modernisation and Financial Inclusion; 3. Environmental, Social and Corporate Governance; 4. Data and Digital Transformation; and 5. Organisational Effectiveness and Development. All objectives are aimed at enhancing financial stability, promoting inclusion, and supporting sustainable development in the ECCU. These Strategy and Strategic Plan Development and Implementation

Establishment of the Corporate Governance Unit

The Corporate Governance Unit (CGU) was established in the Governor’s Office on 1 September 2024. The CGU was instituted to, inter alia: 1. Enhance corporate governance to support greater effectiveness and impact; 2. Bring clarity to the vision of the Bank’s Culture and Change Management Initiative (CCMI); 3. Develop and collaborate with the Human Resource Department in implementing the CCMI; and 4. Collaborate and provide support to all departments in the development, monitoring and implementation of the Bank’s Strategic Plan. The CGU executes its mandate under three broad areas, namely: ; Governance and Meetings Management; ; Strategy and Strategic Plan Development and Implementation; and ; Culture and Change Management.

Corporate Governance Unit Staff

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