Banking Board Convened Meeting and Honored Members PDF Print

 

For Immediate Release No. 12-15
February 27, 2015
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Regina Watson, Public Relations Officer

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Banking Board Convened Meeting and Honored Members

For their Contributions

 

The Virgin Islands Banking Board held its first meeting for the year on February 19, 2015 at Government House on St. Croix. Honorable Lieutenant Governor Potter, Chairman of the Banking Board, was an observer at the meeting as he was acting Governor during Honorable Governor Kenneth E. Mapp’s absence from the territory. Finance Commissioner Designee/Banking Board Secretary Valdimier Collens chaired the meeting. Also in attendance was Gwendolyn Hall Brady, Director of the Division of Banking and Insurance. The meeting addressed various banking related issues, as well as honored four (4) members of the Banking Board.

 

During the meeting, the Banking Board approved FirstBank’s request to relocate its St. John Branch at 95B Cruz Bay Town to a new modern facility inside of the Marketplace Commercial Shopping Center located in Estate Enighed. Scotiabank’s request to relocate its Mortgage Servicing Center from the Waterfront to its Main Branch at Altona and Welgunst was also approved by the Banking Board.

 

The Banking Board recognized four board members for their years of service at the meeting; Mr. Ernesto Gutierrez, Mr. Winston Bennett, Attorney Desmond Maynard, and Mr. Pablo O’Neill.

 

Mr. Gutierrez has dedicated his time and service since April 21, 1995 to the Banking Board. Mr. Gutierrez worked during the Vietnam War as a Brigade Clerk before relocating and settling on St. Croix where he joined the Banking Board.

 

Mr. Bennett has served since June 29, 1995 and Attorney Maynard has served since May 3, 1995.



Mr. O’Neill has dedicated his service to the Banking Board since August 9, 1994. He is a Certified Public Accountant in the U.S. Virgin Islands and Puerto Rico; and he is also the chairman of Virgin Islands Board of Public Accountancy.

 

Lieutenant Governor Osbert E. Potter expressed appreciation to the members for almost 20 years of service on the board. Mr. O’Neill’s son Paul O’Neill accepted the award on behalf of his father. During their time on the board, these members oversaw the growth and expansion of the financial services industry in the Territory.
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