Beautiful Virgin Islands

Tuesday, Jun 03, 2025

Lisa Penn-Lettsome is Executive Director of International Business

Lisa Penn-Lettsome is Executive Director of International Business

The Government of the Virgin Islands has announced that Mrs Lisa Penn-Lettsome has been appointed Executive Director of International Business with effect from October 1, 2019.

Mrs Penn-Lettsome will serve as the Government’s chief technical and policy advisor on international business and financial services. More specifically, her areas of responsibility will include:

• coordinating VI's responses to international initiatives;

• coordinating and facilitating the development of product and business development legislation;

• facilitating corroboration between the Government of the Virgin Islands (including BVI House Asia and BVI  London Office as appropriate), the regulators and the private sector;

• Chief liaison officer between agencies involved in Anti-Money Laundering and Countering Financing of Terrorism and information exchange.

Mrs Penn-Lettsome is a lawyer with over 25 years’ experience and has served in the public sector for over 11 years, several of these as Deputy Managing Director of the Financial Services Commission, prior to a just concluded 13-year stint as Head of Regulation in a well-known international law firm.

While welcoming and congratulating the new Executive Director, Premier and Minister of Finance Honourable Andrew A. Fahie (R1) said, “We welcome Mrs Penn-Lettsome as part of our team under the Ministry of Finance and Premier’s Office. The expertise and experience she brings to the table can only add value to the forward direction of the industry and the wider diversification and strengthening of the territory’s economy. It is a great pleasure that the Public Service is able to attract such talent.”

Financial Secretary Mr Glenroy A. Forbes and Acting Permanent Secretary in the Premier’s Office Mr Kedrick E. Malone jointly congratulated Mrs Penn-Lettsome on her appointment and added that they are looking forward to working with her in the area of financial services.

The Government of the Virgin Islands has also publicly acknowledged the work done by Mr Neil M. Smith who was the first holder of the post of Executive Director of International Business.

Premier Fahie added that the baton has now been passed and this paves the way for Mrs Penn-Lettsome to continue to develop the position and ensure that it evolves and extends to further incorporate Government’s commitment to the management, development and regulation of the financial services industry.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
China Accuses US of Violating Trade Truce
Panama Port Owner Balances US-China Pressures
France Implements Nationwide Outdoor Smoking Ban to Protect Children
German Chancellor Merz Keeps Putin Guessing on Missile Strategy
Mandelson Criticizes UK's 'Fetish' for Abandoning EU Regulations
British Fishing Boat Owner Fined €30,000 by French Authorities
Dutch government falls as far-right leader Wilders quits coalition
Harvard Urges US to Unfreeze Funds for Public Health Research
Businessman Mauled by Lion at Luxury Namibian Lodge
Researchers Consider New Destinations Beyond the U.S.
53-Year-Old Doctor Claims Biological Age of 23
Trump Struggles to Secure Trade Deals With China and Europe
Russia to Return 6,000 Corpses Under Ukraine Prisoner Swap Deal
Microsoft Lays Off Hundreds More Amid Restructuring
Harvey Weinstein’s Publicist Embraces Notoriety
Macron and Meloni Seek Unity Despite Tensions
Trump Administration Accused of Obstructing Deportation Cases
Newark Mayor Sues Over Arrest at Immigration Facility
Center-Left Candidate Projected to Win South Korean Presidency
Trump’s Tariffs Predicted to Stall Global Economic Growth
South Korea’s President-Elect Expected to Take Softer Line on Trump and North Korea
Trump’s China Strategy Remains a Geopolitical Puzzle
Ukraine Executes Long-Range Drone Strikes on Russian Airbases
Conservative Karol Nawrocki wins Poland’s presidential election
Study Identifies Potential Radicalization Risk Among Over One Million Muslims in Germany
Good news: Annalena Baerbock Elected President of the UN General Assembly
Apple Appeals EU Law Over User Data Sharing Requirements
South Africa: "First Black Bank" Collapses after Being Looted by Owners
Poland will now withdraw from the EU migration pact after pro-Trump nationalist wins Election
"That's Disgusting, Don’t Say It Again": The Trump Joke That Made the President Boil
Trump Cancels NASA Nominee Over Democratic Donations
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OnlyFans for Sale: From Lockdown Lifeline to Eight-Billion-Dollar Empire
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Hegseth Warns of Potential Chinese Military Action Against Taiwan
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Jamie Dimon Warns U.S. Bond Market Faces Pressure from Rising Debt
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Taylor Swift Gains Ownership of Her First Six Albums
Bangkok Ranked World's Top City for Remote Work in 2025
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
White House Press Secretary Criticizes Harvard Funding, Advocates for Vocational Training
France to Implement Nationwide Smoking Ban in Outdoor Spaces Frequented by Children
×