CDB Appoints Daniel Best As President

In a shift at the helm of the Caribbean Development Bank (CDB), the Board of Governors has announced the election of Mr. Daniel Best as the institution’s seventh President. “The decision, made today, underscores the Bank’s commitment to sustainable development and visionary leadership across the Caribbean region,’ the CDB said in a statement Wednesday. Best, a native of Barbados, brings over 20 years of experience in development finance, policy planning, and infrastructure investment.  According to the CDB, his career has been marked by a deep understanding of the region’s development challenges and opportunities, positioning him as a strong leader to guide the CDB into its next phase of transformation.  As President, he will focus on reducing poverty and inequality while fostering inclusive and sustainable growth, ensuring the Bank’s strategic direction aligns with emerging regional and global challenges. The appointment comes in the wake of the resignation of Dr. Hyginus ‘Gene’ Leon, the former CDB President from Saint Lucia, who stepped down in April after being placed on administrative leave in January. The circumstances surrounding Leon’s departure have been mired in controversy, sparking tensions and raising questions about the leadership dynamics within the major financial institution. Dr. Leon’s resignation followed a...