Daniel Best, a Barbadian, was elected as the seventh president of the Caribbean Development Bank (CDB) by the board of governors, which said the choice highlights the bank’s “commitment to visionary leadership and sustainable development across the Caribbean region.”
Best has worked in the Caribbean’s public and commercial sectors for almost thirty years, specializing in infrastructure development, development financing, project management, and strategic leadership. During 15 of those years, he worked at the CDB as the director of the Projects Department, where he oversaw the bank’s grant and investment loan portfolios and was instrumental in developing strategic alliances with both domestic and international organizations.
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When the CDB made the announcement, it stated “best brings a wealth of experience and a deep understanding of the region’s development challenges and opportunities. With a distinguished career spanning over 20 years in development finance, policy planning, and infrastructure investment, he is well-positioned to lead the CDB into its next chapter of impactful regional transformation.”
Best will be in charge of the bank’s strategic direction as president, concentrating on its primary goal of lowering poverty and inequality while promoting equitable and sustainable growth.
Bahamian Therese Turner-Jones and Trinidadian Gregory Hill, CDB’s vice-president for finance, were also in the running for the job.
Along with a Bachelor of Science in Civil Engineering from the University of the West Indies and a Master of Science in Construction Engineering and Management from the University of Durham in England, the recently chosen president also possesses a Master of Business Administration.