The Eastern Caribbean Central Bank (ECCB) was established in October 1983. It is the Monetary Authority for a group of eight island economies namely - Anguilla, Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St Kitts and Nevis, St Lucia, and St Vincent and the Grenadines.
The Agreement establishing the ECCB as the monetary authority for the eight ECCB participating governments, was signed on 5 July 1983 in Trinidad and Tobago. The ECCB was officially commissioned on 1 October 1983, replacing the Eastern Caribbean Currency Authority (ECCA) which was established in March 1965.
The primary objective of the ECCB is to maintain the stability of the Eastern Caribbean Currency and the integrity of the banking system.
Signing of the ECCB Agreement 5 July 1983: L-R: Hon Lester Bird - Deputy Prime Minister, Antigua and Barbuda; Hon Maurice Bishop - Prime Minister, Grenada; Hon John Osborne - Chief Minister, Montserrat; Mr Cecil Jacobs - Governor, ECCB; Mr Vaughn Lewis - Director General - OECS; Hon Dame Eugenia Charles - Prime Minister, Commonwealth of Dominica; Hon Kennedy Simmons - Prime Minister, St Kitts and Nevis; Hon John Compton - Prime Minister, Saint Lucia; Hon Milton Cato - Prime Minister, St Vincent and the Grenadines.
Anguilla became a full member of the ECCB on 1 April 1987.
Executive Committee of the ECCB
Mr Timothy N. J. Antoine C.Dir Governor Mr Antoine, a national of Grenada, assumed duties as the third Governor of the Eastern Caribbean Central Bank (ECCB) on 1 February 2016 View Profile
Mr Trevor Brathwaite C.Dir Deputy Governor
Mr Brathwaite of Saint Lucia, officially took office as the Bank’s second Deputy Governor on 3 April 2006. View Profile
Mrs Ingrid O'Loughlin C.Dir Acting Managing Director Mrs Ingrid Nicolette O'Loughlin, a native of St. Vincent and the Grenadines was appointed to act as Managing Director of the ECCB, effective 11 July, 2016. View Profile
Former Governors and Deputy Governor Hon Sir K Dwight Venner, Governor
1989 to 2015
Sir Cecil Jacobs, Governor - 1973 to 1989 Read Bio
Mr Errol Allen, Deputy Governor - 1974 to 2005 Read Bio
Join Our Team - Working at the ECCB
The offices of the Eastern Caribbean Central Bank are set in an environment where comfort, aesthetics, ergonomics principles and practices are considered. The buildings are set in beautifully landscaped grounds, enhanced by a fountain and spectacular views of the mountains and sea. The staff represents the cultural diversity of the Eastern Caribbean. Read more