The Central Bank of Barbados has appointed ten members to the National Payments Council, a body established under the National Payment System Act, to advise on the regulation, development, and oversight of Barbados’ payments landscape, including the introduction of BiMPay, the country’s forthcoming instant payment system. Deputy Governor Alwyn Jordan will chair the Council, with Financial Services Commission Chief Executive Officer Warrick Ward as deputy chair. Other members are Deputy Governor Michelle Doyle, payments and cards specialist Kent Emile-Smith, cybersecurity expert Donovan Smith (Barbados Defence Force), Sagicor Bank Chief Executive Officer George Thomas, Barbados Public Workers’ Co-operative Credit Union Limited Group Chief Executive Officer Glyne Harrison, Barbados Association of Retired Persons representative Monica Hinds, Payce Digital Chief Executive Officer Alison Browne-Ellis as the member representative for payment system providers, and University of the West Indies lecturer and financial expert John Burnett. The Council’s mandate includes advising the Central Bank on national payment system regulation and oversight, setting operational and technical standards, and supporting the development of new technologies. Members will serve a three-year term that began on 1 August 2025.
Central Bank of Barbados 2025-09-01
Central Bank of Barbados appoints ten members to National Payments Council to guide payments oversight and BiMPay introduction
The Central Bank of Barbados appointed ten members to the National Payments Council to advise on regulating and developing the country's payments landscape, including the upcoming BiMPay instant payment system. Deputy Governor Alwyn Jordan will chair the Council, with Financial Services Commission CEO Warrick Ward as deputy chair. The Council will focus on national payment system regulation, operational and technical standards, and new technology development.