Local News
Rennea Powell Appointed BVI Red Cross New Chair
The British Virgin Islands Red Cross has announced a new Board with Rennea Powell as Chair.
Board members – Estaban Smith, Micheal B. Matthews, Theodore John, Secretary Maria Abraham, and Treasurer Sylvia Romney-Moses – were appointed during the non-profit’s annual general meeting on June 19 in Road Town, Tortola.
Powell, who previously served as secretary and vice-chair, replaces Troy K. Christopher who was appointed Chairman in 2020
BVI Red Cross Director Stacy Lloyd welcomed Powell as the new Chair and noted that the new Board reflects the diversity of the organisation’s volunteer base.
“I am happy to welcome Ms. Powell as our new Chairperson as well as the other new Board members. Our Board reflects the diversity of our volunteer base. I am confident that this new elected Board will continue to propel the organisations from strength to strength in line with our mission of assisting the most vulnerable population during crisis,” Lloyd said.
The Board will uphold the core ethos and values of the Red Cross with a key objective ” to mobilise the power of humanity so that individuals and communities have the capacity to prepare for, deal with and recover from crisis.”
The statement explained that the Board “sets and reviews policies, maintains the organisation’s financial integrity and evaluates its operations and effectiveness. Its role includes safeguarding the long-term reputation and assets of the Branch, and appointing the Director, who is responsible for the operational management of the organisation.”
The BVI Red Cross, which was established here in 1956, is the oldest non-profit in the territory.
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British Virgin Islands Financial Services Commission Welcomes New Leadership
The British Virgin Islands Financial Services Commission (BVIFSC) has announced new appointments to its governing board, with Mr. Gerard St Clair Farara KC stepping in as Chairman and Ms. Patlian Johnson as Commissioner. The appointments, confirmed by the Ministry of Financial Services, Labour, and Trade, mark a new chapter for the commission as it seeks to strengthen the territory’s financial services sector.
Mr. Gerard St Clair Farara KC has been appointed to a three-year term as Chairman, effective August 1, 2024. A seasoned legal expert with a distinguished career, Farara currently serves as a Commercial Court Judge for the Eastern Caribbean Supreme Court and leads the litigation team at the BVI office of COLLAS CRILL, formerly Farara Kerins. Farara’s prominence in the legal community is further highlighted by his appointment as Queen’s Counsel in 1996, cementing his standing as a leading figure in the Virgin Islands Bar and the broader Eastern Caribbean.
Ms. Patlian Johnson will serve a one-year term as Commissioner, also beginning on August 1, 2024. Johnson, a Strategy and Policy Advisor with extensive experience, currently holds the position of National Coordinator for the UNDP Project Office. She brings an impressive academic background, including a Master of Science in Economics and Finance from the University of Bristol and a Bachelor of Science in Economics and Accounting with First Class Honours from the University of the West Indies, Cave Hill Campus.
The pair will replace outgoing Chairman Mr. Robin F. Gaul and Commissioner Mr. Melvin A. Turnbull, whose terms have concluded. Minister of Financial Services, Labour, and Trade, Honourable Lorna G. Smith, OBE (AL), praised the new appointments, stating, “I am delighted to welcome Mr. Farara and Ms. Johnson to the BVIFSC Board of Commissioners. Their combined expertise will be invaluable as we continue to navigate the challenges and opportunities facing the financial services sector.”
Smith also expressed gratitude to the departing board members for their significant contributions to the growth and stability of the territory’s financial services industry. According to the Government Information Service (GIS), these appointments underscore the Virgin Islands’ commitment to maintaining a well-regulated and competitive financial services sector.
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