Former Deputy Governor of the ECCB
Former Deputy Governor
Mr Errol N Allen, a Vincentian, received his
tertiary education in the United Kingdom. He was awarded a Bachelor
of Science Honours Degree in Economics by the University of
London, and a Master of Science Degree in International Economics
by the University of Surrey.
Mr Allen worked for a period in the United Kingdom Government
Service following his graduation, before returning to the
Caribbean to take up a position with the Guyana Development
Corporation in 1972.
In 1974 he joined the then East Caribbean Currency Authority
(ECCA) in Barbados as Manager, Research Department, before
the Institution moved to St Kitts in 1975. He received Executive
Management Training at the London Business School and attended
Specialist Training Courses in Banking and Finance at the
Bank of England and International Monetary Fund. He also spent
a year with the International Monetary Fund (IMF) as a Special
Mr Allen was appointed Deputy Governor in 1983, when the
Institution was upgraded to a Central Bank, and became the
Eastern Caribbean Central Bank. He is also the President of
the Eastern Caribbean Institute of Banking and Financial Services,
(ECIB) and Chairman of the Caribbean Association of Banking
and Financial Institutes (CABFI).
Mr Allen was named in the ‘Who Is Who in Central
Banking 2001’, and in the 2001-2002 edition of
‘ International Who’s Who of Professionals’.
. He is an active member of the Rotary Club of St Kitts, and
is a Paul Harris Fellow. He is currently the Editor of the
Club’s Weekly Bulletin - SUGARWHEEL.
Mr Allen describes himself as a sports enthusiast and lists
reading and music as his hobbies. Mr Allen retired from the
Bank on 31 March, 2005.