APPOINTMENTS TO THE FINANCIAL SERVICES COMMISSION BOARD OF COMMISSIONERS

Her Excellency the Governor is pleased to announce that following an expressions of interest process, and in accordance with Section 5 of the Financial Services Commission Ordinance  2007, Mr Dimaggio Rigby, Mr Geoff Scott and Mr Dennis Swann, have been appointed to  serve as Commissioners on the Financial Services Commission Board of directors.  

Mr Rigby brings specialist experience in cyber, media, and technology risks. He is currently  employed in the City of London as a Cyber Insurance Market Consultant. 

Mr Scott is a financial services professional with over 30 years’ successful track record in  banking. He currently leads the Bermuda Bankers Association and was, until August 2022,  the Chief Executive Officer of the Insurance Cooperation of Barbados Limited (ICBL). 

Mr Swann is a Fellow of the Institute of Canadian Bankers. He has expertise in Human  Resources and worked for the Bank of Nova Scotia for 12 years. He has previously worked  within the TCI FSC. 

Commenting on the appointments, the Governor said: 

“Following consultation with the Hon. Premier (in his capacity as the Minister of Finance)  and the Hon. Leader of the Opposition, I have appointed Mr Dennis Swann, Mr Dimaggio  Rigby and Mr Geoff Scott respectively, to serve as Commissioners (non-executive  directors) on the Board of the Turks and Caicos Islands Financial Services Commission  (FSC). I am confident that the combined experience of these three new Commissioners  will help ensure the FSC delivers our vision for a technologically advanced financial  services sector that is competitive and supports growth, is well regulated while agile and  internationally respected.  

I would like to thank Mr Keno Forbes for his previous service as a Commissioner.”

The appointments are for a three-year period, beginning in April 2024. Further details on the  work of the Financial Services Commission can be found at TCIFSC.