The Rt. Hon. Perry G. Christie today congratulated the incoming Governor of the [Central Bank of The Bahamas](http://www.centralbankbahamas.com), Mr. John Rolle, who formerly held the post of Financial Secretary in the Ministry of Finance and as such was the administrative leader of that Ministry. *”Indeed”*, he said, *”Mr. Rolle played a pivotal role in the implementation of recent public finance reforms, most notably, the introduction of the Value Added Tax (VAT) regime. For that and for his many other sterling contributions to nation-building while at the Ministry of Finance, I thank Mr. Rolle most sincerely.”*
Mr. Rolle replaces Mrs. Wendy Craigg who, having completed her statutory term as the Governor of the Central Bank, demitted office on December 31st 2015. The Prime Minister noted the special historical significance of Mrs. Craigg being the first female to hold this vitally important post in the national financial system. *”Moreover, she served with utmost distinction throughout her 10 year tenure as Governor and indeed in her prior post as Deputy Central Bank Governor as well.”* He also noted that Mrs. Craigg, a career central banker, worked tirelessly to ensure that the regulatory infrastructure for banks and trust companies in The Bahamas conformed to evolving international standards and best practices. At the same time she also saw to it that the monetary stability of The Bahamas was maintained by the application of sound and sensible monetary policies and standards. *”I applaud Mrs. Craigg for these outstanding achievements and thank her for her many years of dedicated service and unblemished integrity at the helm of the Central Bank. She has been a great credit not only to the Central Bank but to our entire nation.”*
Mrs. Craigg will continue to be of service to the nation as an Economic Policy Advisor in the Office of the Prime Minister.