NASSAU, BAHAMAS — Earlier this week, Deltec International Group (DIG) paid a courtesy call on the prime minister of The Bahamas, Philip Brave Davis.
In attendance at the meeting were DIG Chairman Jean Chalopin and Chief Executive Officer (CEO) of Deltec Bank and Trust (Deltec) Odetta Morton.
During the courtesy call, Chalopin affirmed DIG’s commitment to collaborating with the government to enhance The Bahamas’ financial sector and highlighted the importance of keeping the country’s financial services product diverse and innovative.
Chalopin also encouraged the government to continue its efforts in enhancing the ease of doing business.
Morton noted the longstanding status of Deltec and the need for ongoing dialogue to move the industry forward.
“It is essential that the private sector works in conjunction with the government to grow the industry and deliver economic success to our people,” said Morton.
“Deltec has been in The Bahamas for over 70 years and we are committed to keeping the country’s financial services industry competitive and deliver exceptional products and services to global clientele.”
Morton noted that the implementation of important legal framework, such as the Digital Assets and Registered Exchanges Bill, 2020 (DARE Bill), attracts innovators and entrepreneurs within the technology industry.
“There is significance in promoting the Bahamas’ efforts to become the hub for financial technology (fintech), regulatory technology (regtech), blockchain technology and digital assets,” she said.
“We believe that it is important that we share innovative ideas with policymakers if we are to position the financial services industry for growth.”
Morton, along with other DIG executives, has paid courtesy calls on Davis, Attorney General Ryan Pinder and Minister of Economic Affairs Michael Halkitis since the new administration took office in September.
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