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Central Bank of The Bahamas celebrates 40 years
Jun 18, 2014 - 11:24:58 PM

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Nassau, New Providence - The Central Bank of The Bahamas is celebrating its 40th anniversary and in commemoration of this major milestone, the bank presented an exhibition highlighting all the past events and individuals, which defined the institution's progress. The Central Bank opened on June 1, 1974, a little less than than a year after the Bahamas gained its dependence. The bank was established in order to improve banking and financial conditions and to achieve greater financial stability in the country. Forty years later, the bank's mandate has not changed. Prime Minister, the Rt. Hon. Perry G. Christie, tours the exhibition, which is erected at Rawson Square.

Pictured from left: James H. Smith, CBE, Governor (Feb. l987 - Jan. 97); Mrs. Wendy Craigg, Current Governor of the Central Bank ( June 2005 - present); Prime Minister Christie; Sir William C. Allen, KPMG, Governor (June 1980 - Jan. 1987) and Julian W. Francis, CBE, Governor (Feb. 1997 - May, 2005). (BIS Photo/Peter Ramsay).

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