Board of Directors

Although the Bank is owned by the Government of the Virgin Islands, its decisions are made autonomously by the Bank’s Board of Directors. The Bank maintains a high level of transparency and accountability in its corporate reporting.

The Bank maintains the Board’s composition and structure by having well-informed people with diverse backgrounds, relevant experience, and independence from management. Currently consisting of seven (7) members including two (2) Executive Directors, specifically the Chief Executive Officer and the Chief Financial Officer, the Board of Directors is headed by a Non-Executive Chairman. As per the Memorandum and Articles of Association, the Board of Directors consists of a Chairman and a minimum of five (5) other Directors but no more than nine (9) other Directors, some of whom shall be Executive Directors. Each Director is a member of one or more of the following committees: Audit and Compliance Committee, Assets and Liabilities Committee (ALCO), and Credit Committee.


If you would like to communicate with the Board of Directors, please send a letter to the Corporate Secretary at the National Bank of the Virgin Islands (Limited), P.O. Box 275, Road Town, Tortola, VG1110, British Virgin Islands. The letter should indicate to whom the communication is intended. The Corporate Secretary may sort or summarize the communications as appropriate. Communications that are commercial solicitations, customer complaints, incoherent or obscene will not be communicated to the Board or any director or committee of the Board.

cfaulkner_smallChairman – Board of Directors


Mr. Clarence M. Faulkner, Jr. was appointed as Chairman of the Board of the National Bank of the Virgin Islands Limited in July 2012 and is ultimately responsible for the establishment of the Bank’s strategic direction and charting the course of transition from a quasi-development bank to a fully-fledged commercial bank.

He is the Founder and Managing Director of PMI Group of Companies (“PMI”), which provides Consultancy, Management and Administrative services to private and public institutions relating to investments and pensions. He has worked in the pension and investment arena for over 18 years. Prior to establishing PMI, he served as the Investment Manager of the BVI Social Security Board. Over the years, he has served on the boards of several public and private sector entities.

Professional Qualifications:

  • Masters of Business Administration (Hons) (Finance), 2005
  • Bachelor of Commerce (Accounting and Finance), 1996

Dr. Benedicta P. T. Samuels was appointed Director of the National Bank of the Virgin Islands Limited in September 2012. Ms. Samuels is a Barrister and Solicitor.  She has read courses in hedge fund administration and anti-money laundering and has completed a tutor-training programme with the Financial Services Institute, H Lavity Stoutt Community College, Virgin Islands.

Ms. Samuels has been admitted to practice law in the Virgin Islands, Anguilla, Antigua and St. Kitts/Nevis.  She has been appointed as a Notary Public and Commissioner for Oaths in the Virgin Islands.  She is a Member of the Society of Trust and Estate Practitioners and of the BVI Bar Association.  She is a former adjunct Lecturer of the H Lavity Stoutt Community College and of the University of the West Indies School (Open Campus).  She continues to sit on a number of Statutory Boards, focus groups and Government-established Committees.

Professional Qualifications:

  • Certificate in Mediation, 2006 and 2014
  • Certificate in Securitizations and Credit Derivative, 2005
  • Certificate in E-Commerce Law and Regulation, 2005
  • Master of Laws (Legislative Drafting), 1998
  • Legal Education Certificate, 1996
  • Bachelor of Law (Hons), 1994


Dr. Drexel M. Glasgow was appointed Director of the National Bank of the Virgin Islands Limited in 2015.  Dr. Glasgow is a licenced Professional Engineer who currently serves as the Director of Projects in the Ministry of Finance, Government of the Virgin Islands.  His duties include serving as lead advisor on capital infrastructure planning, development, and the procurement of works, goods and services.  He is also an adjunct professor at the H. Lavity Stoutt Community College.

Dr. Glasgow is a musician and family man. He enjoys serving as the Director of Music at the New Life Baptist Church, as well as recording, composing, and producing music, and training young singers and musicians.

Professional Qualifications:

  • Licenced Professional Engineer (Registered in MN), 2004
  • Doctor of Philosophy, University of Minnesota, 2001

Nona Vanterpool - Bio Pic 2018smallOverview:

Ms. Nona F. Vanterpool was appointed Director of the National Bank of the Virgin Islands Limited in 2016. Ms. Nona Vanterpool is currently the CEO of Vanterpool Enterprises Ltd, a pharmaceutical retail company established in 1971, by her late father Harold L. Vanterpool. The business has received awards of excellence from the BVI Trade Department and the BVI Chamber of Commerce and Hotel Association, where Ms. Vanterpool currently serves as its Chairman. She previously worked as the Director of Data Processing in the Department of Finance of the U.S. Virgin Islands.

Passionate about community service and women’s advocacy, Ms. Vanterpool has also served as president of two internationally recognized service organizations, the Rotary Club of Road Town and the Zonta Club of Tortola in an effort to help improve the quality of life of others. She enjoys reading for self-improvement, travelling, gardening and property development.

Professional Qualifications:

  • Master of Business Administration, Wright State University, 2005
Chief Executive Officer

Ex-Officio Director


Ms. Joy N. Francis was appointed to the position of Chief Executive Officer of the National Bank of the Virgin Islands Limited in 2013. Ms. Francis is responsible for the leadership and execution of organizational strategy, with the ultimate goal of making NBVI the leading commercial banking institution in the Virgin Islands.

She has thirteen (13) years of experience in the banking industry and held the post of Vice President and Manager of the Commercial Loans Division for a leading financial institution prior to her tenure at the Bank. In earlier years, Ms. Francis served as a Finance Lecturer and Researcher (Financial Services Institute) at the H. Lavity Stoutt Community College, specializing in Finance, Investments and Securities Markets.


Professional Qualifications:

  • Foundation Certificate in International Trust Management (STEP), 2005
  • Master of Business Administration (Finance), 2001
  • Bachelor of Science (Finance), 1999

Mr Carr-05242018-001Overview:

Mr. Ivan Hudson Carr was appointed Director of the National Bank of the Virgin Islands Limited (the “Bank”) in 2017. Mr. Carr has over 30 years’ experience as a Bank Manager and Regulator in commercial banking and central banking (regulatory and currency management) and the management and stabilisation of insolvent banks. Prior to joining the Bank, Mr. Carr served as CEO / Conservator of the National Bank of Anguilla Ltd. and Caribbean Commercial Bank (Anguilla) Ltd. under Conservatorship of the Eastern Caribbean Central Bank. He has served on boards of financial institutions and regional committees.


Professional Qualifications:

  • Post Graduate Diploma (Management), University of Leicester, 2013
  • Bachelor of Science (Hons) (Economics and Management), University of the West Indies, 1991

Antoinette Bio pic - 2019Overview:

Mrs. Antoinette Skelton was appointed Director of the National Bank of the Virgin Islands Limited in 2018. She currently serves as the Director of the Social Security Board a post she has held since 1990; prior to that she held the position of Deputy Director from 1982.

Mrs. Skelton has represented the English-Speaking Caribbean on the Bureau of the International Social Security Association (ISSA), in addition to serving as a member of the Nomination Committee and the Strategic Committee of the ISSA and the Task Force on the Extension of Coverage. She is a member of the Training Committee for Sub-Region IV of the Inter-American Conference on Social Security and has served as Chairperson of the Public Service Commission and as a member of the Judicial and Legal Service Commission. She has also served on several committees such as the Income Tax Board of Referees and the Advisory Committee on Fiscal Matters.

Mrs. Skelton is a member of the Road Town Seventh-Day Adventist (SDA) Church. She serves as the Territory’s representative of the North Caribbean Conference of SDA Executive Committee, is a member of the Finance Committee and is the Territory’s Trustee.

Professional Qualifications:

  • Masters of Business Administration (Honors), Wright State University, 1996
  • Bachelor of Science – Human Resources Management, Bernard M. Baruch College, 1981

Michelle Georges_Bio Pic - 2018Overview:

Mrs. Michelle L. Georges was appointed Director of the National Bank of the Virgin Islands Limited in May 2018. She currently serves as Chief Operating Officer of the Social Security Board and is responsible for designing and monitoring business strategies, policies and procedures, and setting performance goals.

Mrs. Georges previously served as Deputy Director, Banking (2010 -2018) of the BVI Financial Services Commission, during her 15-year career in financial services regulation and supervision. She also completed the inaugural eighteen-month contract as Ambassador and Asia Representative of the Financial Services Commission in Hong Kong, Special Administrative Region. In Hong Kong, she oversaw the BVI’s efforts to deepen relations with the Asia financial market, while serving BVI institutions which have operations in Asia.

Mrs. Georges is an avid softball and volleyball competitor and has represented the British Virgin Islands in countries that include Columbia and the USVI.

Professional Qualifications:

  • International Compliance Association, 2006
  • Master of Business Administration (Finance), Wright State University, 2001
  • Bachelor of Arts (Business Administration – Finance), University of the Virgin Islands, 1998

Mervyn Hope_12112018-008Overview:

Mr. Mervyn McKinley Hope was appointed Director of National Bank of the Virgin Islands in 2018. Prior to joining the Bank, Mr. Hope was employed with Barclays Bank immediately after leaving High School. He attended many banking-related training seminars and courses both locally and regionally as he worked his way through the ranks of the organization. Mr. Hope is a Systems Analyst and a UK-trained Instructor in General Banking and Customer Service.

His wide knowledge and varied experience in retail and offshore banking operations influenced his rapid promotion to Supervisory status within 5 years and soon after to management. Mr. Hope worked in the retail and offshore sectors in Turks and Caicos Islands, Anguilla and St. Maarten and as Internal Auditor and Branch Manager in Barbados. Prior to his retirement in 2004, Mr. Hope was Operations Manager for the Regional Head Office with responsibility for 14 territories in which Barclays operated. Mr. Hope served his country in the capacity of Director of a state-owned enterprise as well as Chairman and Board Member for two secondary schools.

Professional Qualifications:

  • GCE O’Level, Alleyne Secondary School, 1969
  • Certificate in Commercial System Analysis, Hoskyns Education, 1984