CDB Presidents

Current President

Dr. William Warren Smith

Dr. William Warren Smith is the fifth President of Caribbean Development Bank (CDB), the regional development finance institution based in Barbados. He was first elected at a special meeting of the CDB Board of Governors held on October 29, 2010, and assumed office on May 1, 2011. On November 6, 2015, Dr. Smith was re-elected to serve a second five-year term as President, beginning on May 1, 2016.

At the time of his first election, Dr. Smith was acting in the capacity of Vice-President (Operations) at CDB. His substantive position on taking up that acting appointment from August 16, 2010, was Director, Finance and Corporate Planning. Dr. Smith first joined CDB in 1985 and was seconded by the Bank in 1987 to set up the corporate planning function at the regional airline, LIAT (1974) Limited. He subsequently served as Chief Executive Officer of LIAT, before returning to CDB in 1998.  He has also held high-level positions at a number of other institutions in the Region including Director of the Economics and Planning Division at the Petroleum Corporation of Jamaica; and Vice-President, Investments at Life of Jamaica Limited.

Dr. Smith, is an alumnus of Cornell University in the United States of America, and graduated magna cum laude with an AB in Economics (Hon) in 1974. He went on to read for a M.Sc. in Agricultural Economics, and for a Ph.D. in Resource Economics and Public Policy. Dr. Smith is a national of Jamaica. In 2016, he was appointed to the Order of Distinction in the Rank of Commander, a Jamaican national honour for distinguished public service.





Former Presidents

Dr. Compton Bourne: 2001 – 2011

Academic economist, Dr. Compton Bourne, served as the fourth President of the Caribbean Development Bank (CDB) from 2001 to 2011.

With a professional career focused on academic economics; public policy and institutional management, Dr. Bourne has occupied various management positions with the University of the West Indies (UWI), public sector institutions and a private corporation since 1975. More on Dr. Bourne

Sir Neville Nicholls: 1988 – 2001

Barbadian scholar, Sir Neville Vernon Nicholls, served as the third President of the Caribbean Development Bank (CDB) from 1988 to 2001.

At the time of his election, Sir Neville’s substantive position was that of Vice-President in charge of Operations at CDB. More on Sir Neville

Mr. William Demas: 1974 – 1988

A distinguished economic scholar and Caribbean leader, the late William Gilbert Demas served as the second President of the Caribbean Development Bank (CDB) from 1974 to 1988.

Elected on September 1, 1974, Mr. Demas served for three terms. More on Mr. Demas

Sir William Arthur Lewis: 1970 – 1973

Economist and Nobel Prize Winner, the late Sir William Arthur Lewis, born January 23, 1915, in St. Lucia, served at the first President of the Caribbean Development Bank (CDB) from 1970 to 1973.

Well known for his contributions in the field of economic development, industrial structure and history of the world economics, Sir Arthur Lewis’ career is characterised by many firsts.  More on Sir Arthur