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Cabinet Office announces new appointments

Hope Strachan has been named as the Minister of Financial Services with effect January 12, 2015. Her appointment was among a number recently announced by the government. 

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TheBahamasInvestor.com
Monday, January 5, 2015
Monday, January 5, 2015

Hope Strachan has been named as the Minister of Financial Services with effect January 12, 2015.

The Cabinet Office has announced that pursuant to Article 73 of the Constitution, Prime Minister Perry Christie has advised Her Excellency the Governor-General Dame Marguerite Pindling to make the following ministerial appointments:


Hope Strachan, Member of Parliament for Sea Breeze, is appointed the new Minister of Financial Services with effect January 12, 2015. In the meantime, Strachan will be the acting Minister of Transport & Aviation during the absence of Glenys Hanna-Martin, who is travelling on state business.

Arnold Forbes, Member of Parliament for Mount Moriah, is appointed Minister of State in the Ministry of Works & Urban Development, also with effect January 12, 2015.

In addition to the foregoing ministerial appointments, Dion Smith, deputy speaker and Member of Parliament for Nassau Village, is appointed the new chairman of The Bahamas Agricultural and Industrial Corp (BAIC) in place of Forbes, also with effect January 12, 2015.

RTTNews recently reported that Brookfield Residential Properties Inc and Brookfield Asset Management Inc, which owns Atlantis Paradise Island, have announced that they have reached a definitive arrangement agreement by which Brookfield Asset Management will acquire the approximately 30.6 per cent of common shares of Brookfield Residential not already owned by Brookfield Asset Management and its affiliates.

The new political head of Caribbean Community, Prime Minister Perry Christie, is to meet with the President of China later in the week.

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