The Eastern Caribbean Automated Clearing House Services Inc (ECACHSI) marked a milestone as it held its inaugural Annual General Meeting (AGM) at the Sir Cecil Jacobs Auditorium, ECCB Headquarters, St Kitts and Nevis on 11 November.
The ECACHSI was established in December 2011 as a limited liability corporation jointly owned by the commercial banks operating in the ECCU and the Eastern Caribbean Central Bank. The corporation is managed by a seven-member board, with Donald Thompson, Chief Executive Officer (Acting), St Kitts-Nevis-Anguilla National Bank as Chairman and Dave Ramsumair, Country Manager, Bank of Nova Scotia, St Kitts and Nevis as Deputy Chairman.
The main objective of the ECACHSI, which is managed by Philomena Lee, is to assume responsibility for the management of the Eastern Caribbean Automated Clearing House (ECACH).
In presenting the ECACHSI