NASSAU, BAHAMAS — The University of The Bahamas (UB) announced the appointment of Mr. Patrick J. McFall as Vice President, Finance, and Chief Financial Officer (CFO) effective Wednesday, 1 May 2024.
The University said McFall has extensive experience in banking, management, accounting, finance, and entrepreneurship spanning more than thirty years.
A press release indicates that “in his capacity as VP, Finance, and Chief Financial Officer, Mr. McFall will have oversight for the financial operations of the university and its physical resources.”
“This appointment comes at a crucial juncture for UB, as we focus intensely on meeting and maintaining standards for national and international accreditation, making Mr. McFall’s expertise particularly valuable.
His duties will reportedly include supporting executive management and the Board of Trustees in the strategic decision-making process through comprehensive reporting and analysis of data.
He will also ensure efficient financial transaction processing, uphold robust internal controls, and ensure compliance with all relevant laws and regulations. Additionally, he will spearhead effective financial planning and strategy, oversee facilities management and security services, and nurture relationships with university stakeholders.
Most recently, McFall was Financial Controller at Progressive National Baptist Convention (PNBC) in Washington DC and Vice President and Chief Financial Officer of Commonwealth Bank in The Bahamas.
Earlier in his career, after transitioning from the Bahamas Customs Department, he held various positions in the auditing and accounting departments at Deloitte & Touche, Cardinal International Corporation, and Thorand Bank & Trust.
McFall earned a Bachelor’s Degree in Accounting from Acadia University, Nova Scotia, Canada, and an Associate’s Degree in Management from the former College of The Bahamas.
