The Barbados-based Caribbean Development Bank (CDB) yesterday expressed sadness at the passing of Sir Neville V. Nicholls, former President of the Caribbean Development Bank (CDB).
In a statement, the CDB said that Sir Neville was not only a visionary leader within the Bank but also a formidable force in shaping economic development across the Caribbean region.
Sir Neville served as third President of CDB with “unparalleled dedication and foresight from 1988 to 2001”. A Barbadian national, attorney-at-law with a degree in Economics, he joined CDB on March 1, 1971. He progressed through the department to General Counsel, and to Vice President of the Bank in October 1975. In May 1988, he was elected President, the first of three terms until his retirement in 2001.
Under his stewardship, the statement said that the Bank made significant strides in addressing critical development challenges, forging partnerships and programmes that have left a lasting impact on our community’s economic landscapes.
“His adept leadership was marked by a keen understanding of the intricate balance required to drive sustainable growth while addressing social imperatives. Sir Neville was deeply committed to the mission of reducing poverty and enhancing lives in the Caribbean through proactive and innovative financial solutions”, the statement added.