Santiago, Chile – March 28, 2025: At its first board meeting of 2025, Trinidad and Tobago assumed the Chairmanship of the Board of Directors of CAF – Development Bank of Latin America and the Caribbean.

The Minister of Finance, Hon. Vishnu Dhanpaul will serve a one-year term, during which he will preside over all meetings of the board. Minister Dhanpaul will succeed Minister of Finance and Economy of the Dominican Republic, Hon. José Manuel Vicente. Trinidad and Tobago was represented by the Minister in the Ministry of Finance, Hon. Hassel Bacchus.

In his remarks, Minister Bacchus stated, “CAF is a key player in shaping our country’s development and has been, for a long time, our largest multilateral partner. It is an honour to be the first English speaking Caribbean country to assume the chairmanship of the Board of Directors at CAF, at a time concomitant to the Bank’s effort to incorporate new Caribbean Countries as partners and shareholders.”