Management

Mr Glenford Malone was appointed Deputy Managing Director, Regulation in January 2022 and is responsible for implementing the Commission's overall regulatory strategy. Mr Malone has over two decades of experience within the regulatory environment, having served many roles, such as Senior Regulator, Deputy Director, Investment Business and prior to 2002, assistant Registrar of Mutual Funds with the former Financial Services Department, now BVI Financial Services Commission. Mr Malone is a Certified Anti-Money Laundering Specialist and is a trained Financial Examiner in the FATF Methodology of Assessing Compliance with the FATF 40 Recommendations.

Prior to his appointment with the Commission, Mr Cherno Jallow, KC, served as Attorney General of the BVI from 1999 to 2007. Prior to that, he served as Parliamentary Counsel in the Attorney General's Chambers from 1995 to 1999. Mr Jallow played an instrumental role in the development of a number of financial services and related legislation, including the Financial Services Commission Act, 2001, which formally established the Financial Services Commission. He is a member of the Gambia and BVI Bar Associations.

Prior to joining the Financial Services Commission in 2001, Ms Annet Mactavious, was employed in the area of Human Resources in the public and private sectors. She has managed the Human Resources Division and has been Secretary to the Board of Commissioners since commencing her tenure with the Financial Services Commission.

Ms Simone Martin has been employed with the Commission since its inception in 2002 and has over twenty years of regulatory experience. Ms Martin began her career at the Commission as a Regulator and has held several positions since then, including Deputy Director, Banking and Fiduciary Services, Ag. Director, Insurance and Head of Enforcement. Her professional career also included a secondment with the Anguilla Financial Services Commission as Deputy Director from 2019 - 2021. Ms Martin is currently appointed as Director, Special Projects. Her responsibilities focus on several strategic regulatory initiatives for the Commission.

Mr Leon Wheatley commenced his employment with the Financial Services Commission in August 2002 and subsequently served in various capacities within the Investment Business Division for approximately eight years. He was then seconded to the Compliance Inspection Unit, where he served for three years. After serving two years as the Asia Representative in BVI House Asia, he was appointed Deputy Director of the Compliance Inspection Unit. He is now Director, Authorisation and Supervision.

As Asia Representative for the BVI Financial Services Commission (HK) Ltd, Mr Shane Baptiste manages the delivery of services offered from the Commission's office as the Asia Pacific liaison for the jurisdiction's regulatory and registry sectors. He champions the Commission's undertaking to bolster and strengthen deeper relations in the Asia market. Mr Baptiste offers more than 14 years of Financial Services experience and has previously held various positions within the Commission as a Senior Enforcement officer.

Shakuntala Yamraj has been employed by the Commission for over 20 years where she previously held dual role posts of Deputy Director of Insolvency and Deputy Official Receiver preceded by Financial Controller.  Prior to joining the Commission, she was employed with the Government of the Virgin Islands.   In her current role, she is responsible for data analysis and management of the Commission’s AML/CFT data, including assisting with money laundering, terrorist financing and proliferation sectoral risk assessments and policies.  In addition to her normal duties, she serves on the Risk Committee. Ms Yamraj is a trained Financial Examiner in the FATF Methodology for assessing compliance with the FATF Recommendations and the effectiveness of AML/CFT systems and has participated in mutual evaluations as a reviewer.

Ms Allene Gumbs has been employed with the Commission since 2008 and held various positions within the Investment Business Division. In 2017, she joined the Policy, Research and Statistics Division as the Principal Policy, Research and Statistics Officer, where she currently serves as the Division’s Deputy Director. Ms Gumbs is trained in the FATF Methodology for assessing compliance with the FATF Recommendations and the effectiveness of AML/CFT systems. She has participated in CFATF mutual evaluations as a reviewer and an assessor.

Mr Michael George has been employed by the Financial Services Commission since 2003 and is currently the Deputy Director, Information Technology (IT). In his current role, he oversees all technology operations and evaluates them according to the Commission's established goals. Mr George is responsible for devising and establishing IT policies and systems to support the implementation of strategies needed to carry out the Regulatory and Registry mandate of the Commission. In addition to IT duties, he oversees and manages the physical, digital, and cyber security of all Commission assets and data. He has over 22 years of experience in IT, both locally and abroad.

Rhonda Hodge-Smith took up the Deputy Director of the External Relations Unit post on 1 May 2023, where she supervises corporate communications, financial literacy, and media monitoring. She has over 15 years of experience in financial services, having worked in retail banking, as a corporate and banking lawyer, as a civil lawyer, as head of the former financial literacy unit at the Commission, and in financial services mediation. Mrs Hodge-Smith has also held senior management roles in tertiary education, gaining extensive experience in leadership, strategic planning, and change management. She has lectured in business law, effective business writing, technical report writing, and international marketing at the tertiary level for well over a decade and has been a media personality for over 25 years.

Ms Trecia Dawson was appointed as the Commission’s Deputy Director, Training and Development, with effect from 2 September 2019. Ms Dawson’s responsibilities include the expansion and implementation of professional development programs for all employees of the Commission.

Mrs Solika S Carey presently functions as the Deputy Director of Human Resources (Staffing and Benefits), a role she took up in 2018. She is primarily responsible for hiring, designing pay and benefits programs, and fostering employee engagement while ensuring compliance with labour laws. Mrs Carey has held various positions within the Commission, including Assistant Registrar of Corporate Affairs and Legal Counsel. She has been practising law in the Virgin Islands since 2013 and has over 23 years of financial services experience.

Tashel Martin-Jackson is the Deputy Director, Compliance Inspection at the Financial Services Commission. She has over a decade of experience in regulatory roles within the financial services industry, specialising in compliance and anti-money laundering.     Before taking up the position of Deputy Director, Mrs Martin-Jackson played crucial roles as a member of the Commission’s Compliance Inspection Unit. Her experience includes leading assessments of various regulated entities to ensure compliance with the AML Code of Practice and Regulatory Code and spearheading numerous projects to enhance the Unit's efficiency and effectiveness in line with strategic objectives, demonstrating her deep understanding of financial services legislation.    Mrs Martin-Jackson’s experience extends beyond the public sector, having gained unique insights as a private sector compliance practitioner and former Money Laundering Reporting Officer. Her background includes the establishment of an Institutional Risk Framework, revamping risk assessment methodologies, and continuous monitoring of the regulatory landscape to update policies and procedures.     Mrs Martin-Jackson previously served as a member of the FSC Risk Committee, where she contributed to developing the Commission's risk framework. 

Ms M Alva Mc Call joined the Commission in 2008 and held the posts of Senior Policy Research and Statistics Officer and Deputy Director, Policy, Research and Statistics prior to being appointed as Deputy Director, AML/CFT. Her role as Deputy Director, AML/CFT is focused on developing and implementing the Commission’s anti-money laundering and counter terrorist financing supervisory strategy. Ms McCall is a trained Financial Examiner in the FATF Methodology for assessing compliance with the FATF Recommendations and the effectiveness of AML/CFT systems and has participated in mutual evaluations as both an assessor and a reviewer. Her professional career also included a secondment with the Government of the Virgin Islands as Deputy Financial Secretary from 2016 - 2019. Prior to joining the Commission, Ms Mc Call served as Clerk to the House of Assembly.