Respected Barbadian economist Alwyn Jordan has been provisionally promoted to the top spot after serving as deputy to the ex-governor of the Central Bank of Barbados, Cleviston Haynes, for more than three years.

Jordan has been appointed by the board of directors, until further notice, according to a statement issued on Thursday (February 2), which was Haynes’ last day on the job.

Haynes had acted as governor of the Central Bank for one year following the firing of then-governor Dr DeLisle Worrell in February 2017 before being appointed in the position on January 1, 2018.

He announced last week that his contract had come to an end, and he would demit office on January 31.

“I wish on behalf of the entire management and staff, to thank Haynes for the steady hand with which he led the bank during his six years as governor, and more broadly for his service to the organisation over the past 42 years,” said Jordan, who was deputy governor since October 2019.

“My immediate focus, during my tenure, will be on continuing the work of restoring Barbados’ economy and ensuring that the bank remains a strong, resilient institution that is able to fulfil its mandate and serve the Barbadian public,” he said.

Before assuming the role of acting governor, deputy governor Jordan had responsibility for the bank’s research and economic analysis, bank supervision, management information systems, and operations departments, and was chair of the joint Financial Oversight Management Committee (FOMC).

Prior to joining the bank, he served as manager of the research department at the Central Bank of The Bahamas.