Governance

Robert Mathavious

Managing Director 

Overview:

Mr. Robert Mathavious was appointed the first Managing Director and Chief Executive Officer of the Financial Services Commission in 2002.

Prior to the establishment of the Commission, Mr. Mathavious enjoyed an illustrious 25 year tenure in public service with the Government of the Virgin Islands

As the Managing Director and Chief Executive Officer of the Financial Services Commission, Mr. Mathavious is responsible for the administration and operation of the Financial Services Commission. His responsibilities include: the regulation of the BVI’s financial industry; the development of new service and product offerings aimed at developing and enhancing the attractiveness of the BVI as a situs for legitimate cross border financial services; and liaising with Government and private sector stakeholders in pursuance of this objective.

Professional Qualifications:

Masters of Business Administration, 1993

Bachelor of Science  (Economics), 1977

    
 

Kenneth Baker

Deputy Managing Director, Regulation

Overview:

Mr. Baker is jointly the Deputy Managing Director, Regulation and the Director of the Banking, Insolvency and Fiduciary Services Division.

He joined the Financial Services Department in June 2000 as the Inspector of Banks and Trust Companies after a private sector career in Banking.  Mr. Baker was appointed Deputy Managing Director, Regulation in April 2005.

Professional Qualifications:

Bachelor of Business Administration (International Corporate Finance), 1988

    
 

Jennifer Potter-Questelles

Deputy Managing Director, Corporate Services

Overview:

Mrs. Potter-Questelles joined the Commission (formerly the Financial Services Department) in 2001 from the private sector. She assumed the post of Deputy Managing Director Corporate Services in April 2005.

Professional Qualifications:

Master of Law, 2011

Masters of Business Administration (Finance), 2001

Bachelors of Science (Information Systems), 1993

   
   

Dawn Smith

General Counsel

Overview:

Dawn Smith joined the Commission in January, 2013 after a long career in the private and public sectors. She is a member of the BVI Bar Association and currently serves as Chairperson of the BVI Chapter of the Caribbean Branch of the Chartered Institute of Arbitrators.

Professional Qualifications:

Fellow, Chartered Institute of Arbitrators, 2012

Barrister, Eastern Caribbean Supreme Court, 1997

Certificate of Legal Education, 1997

Bachelor of Laws (upper Second Class Honours), 1995

Bachelor of Liberal Arts (cum laude), 1992

   
 

Cherno Jallow, QC

Director, Policy, Research and Statistics

Overview:

Prior to his appointment with the Commission, Cherno Jallow QC served as Attorney General of the BVI from 1999 to 2007. Prior to that, he served as Parliamentary Counsel in the Attorney General's Chambers from 1995 to 1999. Mr. Jallow played an instrumental role in the development of a number of financial services and related legislation, including the Financial Services Commission Act, 2001 which formally established the Financial Services Commission. He is a member of the Gambia and BVI Bar Associations.

Professional Qualifications

Master of Laws (Legislative Drafting and Public Law), 1994

Certificate in Legislative Drafting, 1989

Bachelor of Laws (Hons), 1988

   
 

Myrna Herbert

Director, Registry of Corporate Affairs

Overview:

Mrs. Herbert was appointed Registrar of Companies in 1998 after serving as Deputy Registrar for three years. Prior to her appointment as Registrar, Mrs. Herbert had a long public service career.

Mrs. Herbert was appointed Director, Registry of Corporate Affairs on the introduction of the Financial Services Commission in 2002.

Professional Qualifications:

Diplomas in Specialist Law Courses, 1995

Masters of Business Administration (Finance), 1993

Bachelor of Science (Accounting), 1991

   
 

Annet Mactavious

Director, Human Resources

Overview:

Prior to joining the Financial Services Commission in 2001, Ms. Mactavious was employed in the area of Human Resources in the public and private sectors. She has managed the Human Resources Department and has been Secretary to the Board of Commissioners since commencing her tenure with the Financial Services Commission.

Professional Qualifications:

Masters of Business Administration (Personnel and Human Resource Management), 2000

Bachelors degree – (International Business), 1997

   
 

Stephen Grayson

Acting Director, Legal and Enforcement

Overview:

Mr. Stephen Grayson will serve as the Deputy Director, Legal for a period of 3 years. Mr. Grayson’s focus as Deputy Director, Legal will include providing advice to the Commission on financial services legislation and related matters and providing leadership to and ensuring the overall development of the Commission’s in-house legal team. Prior to joining the Commission, Mr. Grayson worked with the Financial Conduct Authority (UK) in the Enforcement and Market Oversight Division as a Regulatory Lawyer/ Investigator. Mr. Grayson brings over 20 years of experience to the Commission, including extensive experience in financial crime. 

Professional Qualifications:

BA Law Major (Hons), 1989

Barrister and Member of the Honourable Society of the Inner Temple, 1990

   
 

Dian D. Fahie

Acting Deputy Director, Legal

Overview:

Dian D. Fahie joined the Commission as a Registry Clerk at the Registry of Corporate Affairs, and has since held various positions within the Commission including Senior Registry Officer, Assistant Registrar of Corporate Affairs and most recently, Senior Legal Counsel in the Legal and Enforcement Division. She has been practicing law in the Virgin Islands for over 10 years and has over 20 years financial services experience.

Professional Qualifications:

Master of Laws, 2008

Bachelor of Laws (Upper Second Class Honours), 2007

Barrister, Eastern Caribbean Supreme Court, 2008

Barrister, England and Wales and Member of the Honourable Society of Lincoln’s Inn, 2007

Advanced Certificate in International Arbitration, 2013

Professional Certificate in Leadership and Management, 2013

Associate of Science (Accounting), 1999
   

Simone Martin

Head of Enforcement

Overview:

Ms. Martin recently held the post of Deputy Director, Fiduciary Services – Banking Insolvency and Fiduciary Services Division.  She has also served in various capacities within the Commission, including Acting Deputy Director, Banking and Fiduciary Services Division and Acting Director, Insurance Division.  She has over 15 years of financial services experience.

Professional Qualifications:

International Diploma in Compliance (with Merit), 2007

Master of Business Administration, 2002

Bachelor of Arts (Accounting), 1998

   
 

Trevecca Hodge

Deputy Director, Insurance

Overview:

Trevecca Hodge has been employed with the FSC since its inception in 2002 and has over 9 years of regulatory experience, primarily in the FSC’s Insurance Division. Trevecca Hodge began her career in regulation at the FSC as a Regulator I and rose through the ranks; having most recently served in the capacity of Senior Regulator from 2010. Ms. Hodge was appointed as the Deputy Director, Insurance in May 2012.

Professional Qualifications:

Member, Association of Certified Anti-Money Laundering Specialists (ACAMS), since 2010

Associate in Captive Insurance (ACI), International Center for Captive Insurance Education, USA, 2009

Certificate in Captive Insurance Management, Glasgow Caledonian University, UK, 2005

Bachelor of Arts in Business Administration, University of the Virgin Islands, 1998

   
 

Shakuntala Yamraj

Deputy Director, Insolvency Services

Overview:

Ms. Shakuntala Yamraj holds dual roles as the Deputy Director, Insolvency Services and the Deputy Official Receiver. Prior to her assignment with the Insolvency Services Division, she acted as the Financial Controller of the Commission. Before joining the FSC, Ms. Yamraj, who is CMA certified, was previously employed with the Government of the Virgin Islands.

Professional Qualifications:

Bachelors Degree (Finance and Managerial Information Systems), 1996

   

Glenford Malone

Director, Investment Business

Overview:

Glenford Malone has over a decade of experience within the regulatory environment, having first worked as an assistant Registrar of Mutual Funds for the Financial Services Department and later with the Financial Services Commission from 2002.  He was promoted from Senior Regulator to Deputy Director, Investment Business in 2006.

Mr. Malone is a Certified Anti-Money Laundering Specialist and is a trained Financial Examiner in relation to the IMF/FATF Methodology of Assessing Compliance with the FATF 40 Recommendations plus 9 Special Recommendations.

Professional Qualifications:

Master of Laws (Distinction) in Law and Finance, 2005

Bachelor of Business Administration (Economics and International Business), 1997

   
 

Leon Wheatley

Deputy Director, Compliance Inspection Unit

Overview:

Leon Wheatley commenced his employment with the Financial Services Commission in August, 2002 and subsequently served in various capacities within the Investment Business Division for approximately eight years. He was then seconded to the Compliance Inspection Unit where he served for three years. After serving two years as the Asia Representative in BVI House Asia, Mr. Wheatley is now the Deputy Director of the Compliance Inspection Unit.

Professional Qualifications:

Bachelor of Arts in Business Administration (Concentration in Finance), 2002

 
 

Lydia George

Deputy Director, Registry of Corporate Affairs

Overview:

Mrs. George joined the Commission as an Assistant Registrar of Companies in 1993 and was appointed to the post of Deputy Director, Registry of Corporate Affairs in 2004.  Prior to joining the Commission, Mrs. George was employed as a Branch Manager at a Retail Bank in Massachusetts for a number of years.

Professional Qualifications:

Master of Business Management, 2011

Executive Diploma in Management, 2009

Diplomas in Specialist Law Courses, 2004

   
 

Sheldon Scatliffe

Director, Finance

Overview:

Mr. Scatliffe has been employed by the Commission since 2006 and is currently the Director, Finance. In this current role he is tasked with overseeing the information system that provides reports to users on the economic activities and condition of the Commission. In addition to reporting duties, he is tasked with blending financial expertise and business insight in order to develop business strategies that guide critical business decisions and create sustainable success. He has over 18 years of accounting, auditing and financial services experience both locally and abroad.

Professional Qualifications:

Professional Certificate in Leadership and Management, Level 5, September 2013

Chartered Global Management Accountant, July 2012

Master of Business Administration (Finance concentration) November 2005.

Certified Public Accountant, September 2002

Bachelor of Arts in Accounting (with honors), August 1997

   

Yolanda McCoy

Deputy Director, Banking & Fiduciary Services

Overview:

Mrs. Yolanda McCoy joined the Commission in January, 2007 after a long career in the Banking industry. Mrs. McCoy is responsible for coordinating the Banking Insolvency and Fiduciary Services across all financial services regulated entities.She has also been providing oversight to the Banking and Approved Persons Units. Mrs. McCoy has 10 years of regulatory experience and over 30 years of banking experience.

Professional Qualifications:

International Diploma in Compliance, 2009

Bachelor of Science in Economics and Finance, 2005

Bachelor of Science in Business Administration (General Business), 2004

   
 

Simon Gray

Special Advisor Training

Overview:

Mr. Simon Gray has been with the Commission since October 2015 and since 4 January 2016 has taken up the role as a Special Advisor with responsibility for regulatory training and development. Mr. Gray is a financial services and risk management professional with a background in both public and private sectors in several countries. He previously worked as Director, Supervision and Head of Islamic Finance at the Dubai Financial Services Authority.

   
 

Burton Chalwell Jr.

Asia Representative

Overview:

Burton Chalwell Jr. is a Director of BVI Financial Services Commission (HK) Ltd. and is the Asia Representative for the BVI Financial Services Commission. Before his appointment, Burton was the Deputy Director of the Compliance Inspection Unit and had oversight for carrying out on-site compliance inspections for prudential supervision of the financial services business conducted by BVI licensees. Burton holds a Bachelor’s Degree from American University (D.C.) and is a member of the Chartered Alternative Investment Analyst (CAIA) Association and of the International Compliance Association (ICA).

Contact Information

British Virgin Islands Financial Services Commission


Pasea Estate
P.O. Box 418
Road Town, Tortola, VG 1110
British Virgin Islands

Tel: 284-494-1324 or 284-494-4190 GMT – 4:00
Fax: 284-494-5016
Hours: Monday-Friday 8:30a.m. - 4:30p.m.
commissioner@bvifsc.vg