Minister Shigemoto receives response from Curacao’s Finance Minister Regarding CBCS Chairmanship

Honourable Minister of Finance Hiro Shigemoto on Tuesday, June 07 received a letter from his colleague Curacao’s Minister of Finance G. Jamaloodin regarding the position of chairman of the Supervisory Board of Directors of the Central Bank of Curacao and Sint Maarten (CBCS). 

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Hon. Minister Jamaloodin stated in his communication that the Curacao Council of Ministers will decide by June 17 which candidate they will propose for the position.

"I am looking forward to getting this concluded along with my colleague from Curacao where the CBCS can then move forward in handling its own business operations accordingly and dealing with pending matters.

"Based on a political decision that has been taken, the process can then start for Sint Maarten to have its own full-fledge independent financial institution and have that in place by January 1, 2012," Hon. Minister Shigemoto said on Tuesday.

Hon. Minister Shigemoto in a letter dated May 30, 2011 to Curacao’s Minister of Finance, informed the latter that Sint Maarten has a proposed candidate for the chairman of the Supervisory Board of Directors of CBCS, and would like to know by June 6 who would be the candidate for Curacao.

The letter was a follow-up to a letter dated May 10, 2011 from Minister Jamaloodin to discuss the chairmanship position.

Minister Shigemoto in his letter to his Curacao colleague, also made reference to the current developments in Curacao surrounding the CBCS and its current President, and would like within the short-term to see the position of the chairmanship of the supervisory board filled.

The Minister says that Sint Maarten’s proposed candidate for the chairmanship of CBCS is still Martin Hassink.