Mrs Scatliffe Boynes was appointed a Director of the National Bank of the Virgin Islands Limited in 2021. Mrs Jeanette Scatliffe Boynes is currently the Acting Director of the Social Security Board. Mrs Scatliffe Boynes functioned in numerous positions such as the Deputy Director and Board Secretary and managed a diverse portfolio in the organization, including Benefits and Contributions, Public Relations, Human Resources.

Mrs Scatliffe Boynes is a Vice President of the Inter American Conference on Social Security (CAOSA), representing Sub-Region IV (the Caribbean and Americas Social Security organizations). She served on several boards locally and is a member of numerous charitable organizations. Mrs Scatliffe Boynes is an advocate for the youth and community development.

A Rotarian since 2009, Mrs Scatliffe Boynes has served as President of the Rotary Club Sunrise of Road Town, Secretary, and Director. She is a Rotary Foundation Sustaining Member, a multiple Paul Harris Fellow, and a Paul Harris Society member.

Professional Qualifications:
Bachelor’s Degree in Business Management
Master’s Degree (Honours) in Business Administration
Extensive credits in doctoral studies focusing on Organizational Management
Certificate in Good Governance in Social Security (ISSA)
Certificate in Executive Management
Certificates in Human Resources
Certificates in Public Relations

Mrs Joy Penn was appointed Chief Executive Officer of the National Bank of the Virgin Islands Limited in 2013. Mrs Penn 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 over sixteen (16) 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 before her tenure at the Bank. She is an executive member of the BVI Bank Association. She serves on the Board of Trustees of the Multi-Employer (BVI) Pension Plan and as Compliance Officer of the Ivan Dawson Memorial Scholarship Committee local non-profit organization. In her earlier years, Mrs Penn served as a Finance Lecturer and Researcher for the Financial Services Institute (now Robert Mathavious Institute) at the H. Lavity Stoutt Community College, specializing in Finance, Investments and Securities Markets.

Professional Qualifications:
Chartered Banker, Bangor University, 2019
Master of Business Administration (Banking), Bangor University, 2019
Foundation Certificate in International Trust Management, Society of Trust and Estate Practitioners, 2005
Master of Business Administration (Finance), University of Central Florida, 2001
Bachelor of Science (Finance), University of Central Florida, 1999

Mrs Icis Malone was appointed Director of the National Bank of the Virgin Islands Limited in 2021. Mrs Malone joins the Bank’s Board of Directors with over 45 years of experience in banking within the Virgin Islands.

During her career, Mrs Malone ensured that appropriate and effective systems and controls were implemented and maintained to enhance the strategies and policies of her former workplace. Along with assuming the duties of Money Laundering Reporting Officer, Mrs Malone’s responsibilities have included managing Retail Credit, Human Resources, Operations, Accounting and Compliance Departments.

Mrs Malone is an experienced hotelier having co-owned a villa rental and restaurant with her husband for more than 25 years.

Professional Qualifications:
Diploma in Compliance – Now Fellow member status; University of Manchester School Business, 2010
Certificate in Anti Money Laundering Awareness with Distinction; International Compliance Association (ICA), 2010

Mr Everette Frazer was appointed Director of the National Bank of the Virgin Islands Limited in 2021. Mr Frazer has been the Investment Manager of the British Virgin Islands Social Security Board since 2012 and is responsible for managing local and overseas investment products. He has over 15 years of investment experience in advice, regulation, and portfolio management.

Mr Frazer is a former adjunct lecturer of different economics, finance, and investment courses at the H. Lavity Stoutt Community College. He has also completed a tutor-training programme with the Financial Services Institute.

Professional Qualifications:
Chartered Director – The Caribbean Governance Training Institute, 2021
Bachelor of Science (Hons) in Banking and Finance, Minor in Economics, 2005

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 of 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. Before joining the Bank, Mr Carr served as CEO / Conservator of the National Bank 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:
Chartered Director – The Caribbean Governance Training Institute, 2021
Post Graduate Diploma (Management), University of Leicester, 2013
Bachelor of Science (Hons) (Economics and Management), University of the West Indies, 1991

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

His vast knowledge and varied experience in retail and offshore banking operations influenced his rapid promotion to Supervisory status within five years and afterwards 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. Before his retirement in 2004, Mr Hope was Operations Manager for the Regional Head Office responsible for 14 territories Barclays operated. Mr Hope served his country as Director of a state-owned enterprise and 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

Dr Drexel M. Glasgow was appointed Director of the National Bank of the Virgin Islands Limited in 2015. Dr Glasgow is a licensed 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, recording, composing, producing music, and training young singers and musicians.

Professional Qualifications:
Licensed Professional Engineer (Registered in MN), 2004
Doctor of Philosophy, University of Minnesota, 2001