Ministry of Economic Development congratulates Dr. Hyginus Leon

The Ministry of Economic Development, Housing, Urban Renewal, Transport and Civil Aviation and by extension the Government of Saint Lucia, congratulates Dr. Hyginus “Gene” Leon on his election by the Board of Governors to the helm of the Caribbean Development Bank (CDB), making him the 6th President to lead our region’s foremost regional development finance institution.

For Saint Lucia, Dr. Leon’s ascension to the head of the CDB is noteworthy as he is the second Saint Lucian to assume the leadership of the institution over its fifty (50) years of existence, the other being Noble Laureate Sir William Arthur Lewis who served as the Bank’s first President.

Dr. Leon, who officially assumes office on May 1st 2021, is a distinguished PhD- trained academic and development economist with over thirty (30) years of experience across various International Financial Institutions (IFIs), such as the International Monetary Fund (IMF), the Barbados Central Bank and the Caribbean Development Bank as well.

The Government of Saint Lucia is very confident that Dr. Leon’s vast training and experience in macro-economics and development finance has adequately prepared and strategically positions him to steer the CDB and its Borrowing Member Countries (BMCs) during this critical juncture, as the region jointly faces what is arguably its most difficult period in its post-independence history.