Dr. Timothy Antoine Reappointed for Five-Year Term as Central Bank Governor

The Monetary Council of the Eastern Caribbean Central Bank has confirmed the reappointment of Timothy N.J. Antoine as governor for a further five-year term, effective Feb. 1, 2026.

The decision was taken during the Council’s 112th meeting held Friday at the ECCB Campus in St Kitts and Nevis, under the chairmanship of Antigua and Barbuda Prime Minister and Finance Minister Gaston Browne.

In a communiqué issued after the meeting, the Council said it underscored the importance of leadership continuity “at a time when the region must pursue bold and coordinated policy action to maintain stability and secure durable growth, diversification and resilience.”

Antoine, who has served as governor since 2016, will continue to lead the central bank amid what the Council described as evolving global dynamics, shifting geopolitical conditions and persistent structural challenges within the Eastern Caribbean Currency Union.

The Council reaffirmed that monetary and financial stability remain central to the region’s development strategy, noting that the EC dollar remains strong, with a backing ratio of 99.5%, well above the statutory minimum of 60%. Foreign reserves stand at EC$5.83 billion.

The reappointment comes as the ECCU advances its “Big Push for Shared Prosperity and Resilience,” a coordinated regional strategy aimed at boosting productivity, diversifying economic activity and strengthening financial and climate resilience.

The Eastern Caribbean Central Bank serves as the monetary authority for Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, St Kitts and Nevis, Saint Lucia and St Vincent and the Grenadines.

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