New President for Bankers and Financial Services Association of St Kitts and Nevis appointed

The Bankers and Financial Services Association of St Kitts and Nevis (BFSA) would like to announce the appointment of Mr Steve Farier as the new president of the association from March 18, 2021. Mr Farier brings a wealth of knowledge and experience in the financial industry in St. Louis. Kitts and Nevis and the Caribbean. Mr Farier succeeds Mr Chad Allen, manager (St. Kitts Operations) of The Bank of Nevis (formally Royal Bank of Canada).

Mr Farier has a Master of Science (M.Sc.) in Financial Analysis and Fund Management from the University of Exeter (UK) and is a validated Residential Underwriter (CRU) as a Money Laundering Specialist (CAMS). Mr Farier is currently the general manager of TDC Financial Services Company Ltd and has been contributing to the development of the financial sector of St Kitts and Nevis for more than fifteen (15) years. Kitts and Nevis.

"It is with great gratitude that I accept this new challenge. The BFSA aims to maintain a sound banking system through the efficiency and effectiveness of banking services in St Kitts and Nevis to increase," stated Mr Farier.

He stated that the crucial role that financial institutions play in our daily personal and business lives. By promoting the general well-being and usefulness of banking, the BFSA thus acts as the primary external resource for its members in achieving their goals and objectives.

The BFSA consists of representatives from each of the following financial institutions: TDC Financial Services Company Ltd, St. Kitts Nevis-Anguilla National Bank Ltd, The Bank of Nevis Ltd, Development Bank of St. Kitts Kitts and Nevis Ltd, Republic Bank (EC)) Ltd and CIBC First Caribbean International Bank.

We would like to congratulate Mr Steve Farier on his appointment to the post of president of the Bankers and Financial Services Association of St. Kitts and Nevis.