Tue | Sep 19, 2017

Maurene Simms appointed Deputy Supervisor of Banks

Published:Friday | June 30, 2017 | 6:13 AM

The board of the Bank of Jamaica has appointed Maurene Simms to the position of Deputy Supervisor with effect from June 15, 2017, the central bank said.

In that role, she will assist BOJ Governor Brian Wynter in discharging his responsibilities as the supervisor of banks, financial holding companies and specified financial institutions.

In addition, Simms, who was appointed Deputy Governor for a one-year period in July 2016, has been reappointed to the position for a five-year period, the BOJ said in a release. 

She will continue to have strategic oversight of the Financial Institutions Supervisory Division.

Simms is a career central banker, having been employed by the Bank since March 1982.  

She has served the institution in several senior positions, including Division Chief of the Financial Institutions Supervisory Division.  

Simms is a mutual evaluation financial examiner for the Caribbean Financial Action Task Force (CFATF), of which Jamaica is a member.  

She was the financial examiner for the third round CFATF mutual evaluation of the Cayman Islands and Anguilla.

- business@gleanerjm.com