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APPOINTMENTS TO THE FINANCIAL SERVICES COMMISSION (FSC) BOARD OF COMMISSIONERS

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PRESS RELEASE

 

FROM THE GOVERNOR’S OFFICE

 

 

Her Excellency the Governor is pleased to announce that:

1. further to an earlier expressions of interest and in accordance with Section 5(1)(a) of the Financial Services Commission Ordinance 2007, Mr. Deangelo Rigby has been appointed to serve as a Commissioner on the Financial Services Commission Board of Directors. Mr. Rigby is a senior advisor to Private Equity Funds, Corporate Buyers and Venture Capital Investors. He specialises in providing support and advice related to insurance and risk management implications that arise from mergers and acquisitions transactions, restructuring, refinancing and disposals; and

2. the current Chair of the FSC, Mr. David Oakden, will be demitting office at the end of his term which expires on 1 August 2024. In line with Section 5(2) of the Financial Services Commission Ordinance 2007, the Governor is appointing current Commissioner Geoff Scott as the new Chair of the Board.

Commenting on the appointments, the Governor said:

‘Following consultation with the Hon. Premier (in his capacity as the Minister of Finance), I have appointed Mr. Deangelo Rigby to serve as a Commissioner (non-executive director) on the Board of the Turks and Caicos Islands Financial Services Commission (FSC). I am confident that Mr. Rigby’s experience and expertise will help ensure the FSC continues to deliver our vision for the financial services sector.

I am pleased that Commissioner Scott has accepted the role of Chair of the FSC. He brings a wealth of experience from the region and is a highly regarded financial services professional, with a successful track record of over 30 years in banking.

His extensive experience and strong leadership will be instrumental in driving a stable, transparent and progressive financial services environment for the Turks and Caicos Islands.

I would like to place on record by sincere thanks to the outgoing Chair, David Oakden for his service to the FSC and the Turks and Caicos Islands.’

Further information on the work of the Financial Services Commission can be found at TCIFSC.’

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