Saint Lucia, April 11th, 2018: Mr. Dalton A. Lee, chairperson of the Caribbean Association of Banks Inc. (CAB) has been nominated to sit on the Board of Trustees of the Caribbean Court of Justice Trust Fund (CCJTF) as of 28 February 2019. Mr. Lee, the chairperson and one of the founders of Bank of Montserrat Limited, replaces Mr. Farid Antar as the CAB representative on the CCJTF Board of Trustees.
Mr. Antar, an experienced and highly respected banker with over 39 years of outstanding service in the banking industry in Trinidad and Tobago and Barbados, has been appointed Managing Director of Republic Bank (Ghana) Ltd., effective April 17, 2019.
Dr. Linton A. Lewis, chairperson of the CCJTF, commended Mr. Lee’s addition to the Board. Said Dr. Linton:
“We welcome Mr. Lee with great interest and look forward to benefitting from his knowledge and experience. We have no doubt that his contribution will be valuable, especially at a very crucial period in the history of the CCJTF. We cherished [Mr. Antar’s] contributions at our Board Meetings and wish him every success in his recent career development prospects.”
The Caribbean Court of Justice (CCJ) is the only integrative court of its nature funded through an independent Trust Fund. The CCJTF, developed to ensure the financial independence of the Court from political interference, was established with US$100 million from initial contributions of the member states by way of loans from the Caribbean Development Bank.
The Fund’s income is expected to finance the expenditures of the Court, remuneration of judges, inter alia, in perpetuity. The CCJTF Board of Trustees comprises representatives of various regional bodies, including the Caribbean Community; University of the West Indies; Insurance Association of the Caribbean; Caribbean Institute of Chartered Accountants; Organisation of Commonwealth Caribbean Bar Associations; Conference of Heads of the Judiciary of Member States of the Caribbean Community; Caribbean Association of Industry and Commerce; and the Caribbean Congress of Labour.
