New Appointments to the Financial Services Commission Board of Commissioners
Her Excellency the Governor has announced the appointment of Mr. Dimaggio Rigby, Mr. Geoff Scott, and Mr. Dennis Swann as Commissioners on the Board of the Turks and Caicos Islands Financial Services Commission (FSC). These appointments, made following an expressions of interest process and in accordance with Section 5 of the Financial Services Commission Ordinance 2007, bring a wealth of expertise and experience to the governance of the FSC.
Mr. Rigby, currently employed as a Cyber Insurance Market Consultant in the City of London, brings specialist experience in cyber, media, and technology risks. His insights will contribute to bolstering the FSC’s efforts in addressing emerging challenges in the financial services sector.
Mr. Scott, a seasoned financial services professional with over 30 years of experience in banking, has served in leadership roles such as the Chief Executive Officer of the Insurance Cooperation of Barbados Limited (ICBL) and currently leads the Bermuda Bankers Association. His extensive background in banking will be invaluable in guiding the strategic direction of the FSC.
Mr. Swann, a Fellow of the Institute of Canadian Bankers, brings expertise in Human Resources and a wealth of experience from his tenure at the Bank of Nova Scotia. With prior experience within the TCI FSC, Mr. Swann’s insights will contribute to enhancing the governance and regulatory framework of the FSC.
In her remarks, the Governor expressed confidence in the combined experience of the newly appointed Commissioners, highlighting their integral role in advancing the FSC’s vision for a technologically advanced, competitive, and well-regulated financial services sector that supports growth and is internationally respected.
The appointments, effective for a three-year period beginning in April 2024, underscore the commitment to ensuring effective governance and oversight within the FSC. The Board of Commissioners plays a vital role in establishing policy, monitoring implementation, overseeing management, and ensuring adherence to statutory obligations.
Her Excellency also extended gratitude to Mr. Keno Forbes for his previous service as a Commissioner, acknowledging his contributions to the FSC.
Further information on the role and functions of the Financial Services Commission can be accessed through TCIFSC.
