Baptiste, executive director, Republic Bank.
Bank recently took part in the Caribbean Centre for Monetary
Studies Ninth Annual Senior Level Policy Seminar, held on
last month at the Hilton Trinidad and Conference Centre, St
The banks executive director Nigel Baptiste, CCMS executive
director Clement Jackson, Central Bank Governor Ewart Williams
and Conrad Enill, minister in the Ministry of Finance, were
among those in attendance.
The objective of the seminar was to provide a forum for senior
Caricom policy makers from both the private and public sectors
to deliberate on and exchange views regarding policy choices
and operational issues impinging on development within the
region, regarding economics, money, banking and financial
This years seminar covered a number of sub-themes, such
as economic and financial structure, economic cycles and liquidity
dynamics, new directions in liquidity management and business
opportunity and liquidity management.
On the seminars opening day, Baptiste delivered a presentation
entitled The Liquidity Management Challenges Faced by Financial
Institutions in Boom and Bust Conditions: The T&T Experience.
He noted that over the last 35 years the economic history
of T&T has been characterised by three distinct
phases, consisting of economic growth and recession followed
by a return to growth, which can also be referred to
as the boom and bust phases.