Third Barbadian Central Banker To Join The IMF

by Carla Johnson, Investors Offshore.com

19 August 2002

It was revealed last week that former director of bank supervision at the Central Bank of Barbados, Ian Carrington has recently become the third Central Banker to be appointed to a position with the International Monetary Fund, a fact which was a source of great pride to the jurisdiction's media.

Writing on the occasion of Mr Carrington's appointment to a newly created division within the IMF which focuses on financial supervisory issues, the Barbados Daily Nation explained that:

'Carrington has worked with the Central Bank for 19 years. He started out as a loans officer with the Industrial Credit Fund and, in 1990, was appointed to the position of deputy director of bank supervision. He was appointed director of bank supervision in 1998.'

However, according to the local newspaper, Mr Carrington has been working away from the Central Bank since June 2000, having taken two year's leave to work with the United Nations Global Programme against Money Laundering (GPML).

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