Beautiful Virgin Islands

Saturday, Jul 26, 2025

Kenneth Baker confirmed as managing director/chief executive officer of BVI financial services commission

Kenneth Baker confirmed as managing director/chief executive officer of BVI financial services commission

The BVI Financial Services Commission (the “Commission”) announces Mr Kenneth Baker’s promotion to Managing Director/Chief Executive Officer, with effect from 01 February 2021.
Mr. Baker’s new responsibilities include oversight of all aspects of the Commission’s day-to-day operations including the regulation of the BVI’s financial services industry; the development of new services; strengthening product offerings aimed at developing, and enhancing the attractiveness of the BVI as a premier international finance centre; and liaising with Government and private sector stakeholders in pursuance of this objective.

On being appointed Managing Director, Mr. Baker remarked, “I am delighted to have been appointed the Managing Director/CEO of the Commission. Together with the talented senior management team, who were all groomed under the tutelage of Dr Mathavious OBE, we now transition the Commission to a risk-based operating model for greater effectiveness in supervision and will proactively address emerging challenges and strengthen the product offering.”

Mr. Baker’s experience in the financial services sector spans over 37 years. He joined the Financial Services Department of the Virgin Islands Government in June 2000, as the Inspector of Banks and Trust Companies after his private-sector career in Banking. Mr. Baker was appointed as Director, Banking and Fiduciary Services following the Commission’s establishment in 2002 and later promoted to Deputy Managing Director, Regulation in 2005. Mr. Baker holds a Bachelor of Business Administration (International Corporate Finance), 1988.

When commenting on Mr. Baker’s appointment, Board of Commissioners’ Chairman, Robin Gaul said, “he [Mr. Baker] has the necessary administrative skills and knowledge of the Territory’s relevant legislation, with exposure to the various facets of regulation and enforcement procedures, and has proven to be a team player, with the ability to interact both with the public and private communities; he has garnered the respect of both senior and junior management, staff members, as well as stakeholders in the Industry. I extend heartiest congratulations to Mr Baker and wish him every success in his new and expanded role within the Commission.”

Mr. Baker’s promotion to Managing Director follows Dr. Robert Mathavious, OBE who recently retired from the position after 18 years of service as the Commission’s first MD/CEO.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Deputy attorney general's second day of meeting with Ghislaine Maxwell has concluded
Controversial March in Switzerland Features Men Dressed in Nazi Uniforms
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
Thai Civilian Death Toll Rises to 12 in Cambodian Cross-Border Attacks
TSUNAMI: Trump Just Crossed the Rubicon—And There’s No Turning Back
Over 120 Criminal Cases Dismissed in Boston Amid Public Defender Shortage
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
The Podcaster Who Accidentally Revealed He Earns Over $10 Million a Year
Trump Announces $550 Billion Japanese Investment and New Trade Agreements with Indonesia and the Philippines
US Treasury Secretary Calls for Institutional Review of Federal Reserve Amid AI‑Driven Growth Expectations
UK Government Considers Dropping Demand for Apple Encryption Backdoor
Severe Flooding in South Korea Claims Lives Amid Ongoing Rescue Operations
Japanese Man Discovers Family Connection Through DNA Testing After Decades of Separation
Russia Signals Openness to Ukraine Peace Talks Amid Escalating Drone Warfare
Switzerland Implements Ban on Mammography Screening
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
Pogacar Extends Dominance with Stage Fifteen Triumph at Tour de France
CEO Resigns Amid Controversy Over Relationship with HR Executive
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
US Revokes Visas of Brazilian Corrupted Judges Amid Fake Bolsonaro Investigation
U.S. Congress Approves Rescissions Act Cutting Federal Funding for NPR and PBS
North Korea Restricts Foreign Tourist Access to New Seaside Resort
Brazil's Supreme Court Imposes Radical Restrictions on Former President Bolsonaro
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Judge Criticizes DOJ Over Secrecy in Dropping Charges Against Gang Leader
Apple Closes $16.5 Billion Tax Dispute With Ireland
Von der Leyen Faces Setback Over €2 Trillion EU Budget Proposal
UK and Germany Collaborate on Global Military Equipment Sales
Trump Plans Over 10% Tariffs on African and Caribbean Nations
Flying Taxi CEO Reclaims Billionaire Status After Stock Surge
Epstein Files Deepen Republican Party Divide
Zuckerberg Faces $8 Billion Privacy Lawsuit From Meta Shareholders
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
SpaceX Nears $400 Billion Valuation With New Share Sale
Microsoft, US Lab to Use AI for Faster Nuclear Plant Licensing
Trump Walks Back Talk of Firing Fed Chair Jerome Powell
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Irish Tech Worker Detained 100 days by US Authorities for Overstaying Visa
Dimon Warns on Fed Independence as Trump Administration Eyes Powell’s Succession
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Superman Franchise Achieves Success with Latest Release
Hungary's Viktor Orban Rejects Agreements on Illegal Migration
Jeff Bezos Considers Purchasing Condé Nast as a Wedding Gift
Ghislaine Maxwell Says She’s Ready to Testify Before Congress on Epstein’s Criminal Empire
Bal des Pompiers: A Celebration of Community and Firefighter Culture in France
FBI Chief Kash Patel Denies Resignation Speculations Amid Epstein List Controversy
Air India Pilot’s Mental Health Records Under Scrutiny
×