Ep. #16 – Supervising Climate Risk: ECCB’s Perspective

In this podcast Babak Abbaszadeh, CEO of Toronto Centre, interviews ECCB Governor Timothy Antoine on the work of the ECCB to deal with climate and environmental risks.  Governor Antione highlights how these risks impact financial stability and economic prosperity of small island states.  He strongly encourages all countries to address this issue to protect the well-being of all. Governor Timothy Antoine is an economist and development practitioner. He was born in Grenada and has served as the third Governor of the Eastern Caribbean Central Bank (ECCB) since 1 February 2016. Mr. Antoine spent 14 of his 22 years with the Government of Grenada’s Ministry of Finance as Permanent Secretary, and previously held positions such as Planning Officer and Senior Economist. In addition to his experience as a senior manager, Mr. Antoine has also accrued significant experience in financial regulation, as Chairman of the Grenada Authority for the Regulation of Financial Institutions (regulator of non-banks) and as a member of the Board of Directors of the Eastern Caribbean Central Bank. He has also served as Advisor in the Office of the Executive Director for Canada, Ireland and the Caribbean of the World Bank Group and was based in Washington DC. Mr. Antoine holds a B.Sc. in Economics from the University of the West Indies, and a M.Sc. in Social Policy and Planning in Developing Countries from the London School of Economics. In 2018, he was awarded an Honorary Doctorate in Humane Letters from St George’s University. He was also the recipient of the Order of Grenada Gold Award for Excellence in 2016. Mr. Antoine is currently the Chairman of the Eastern Caribbean Home Mortgage Bank, the Chairman of the Eastern Caribbean Securities Exchange and the Chairman of CCRIF SPC.