Caribbean News – Barbadian Daniel Best Named as New President of the Caribbean Development Bank

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Barbados proudly celebrates the appointment of Daniel Best as the seventh president of the Caribbean Development Bank (CDB). The CDB’s board of governors announced the historic decision on Wednesday, marking a pivotal moment for the institution and the region.

In its official statement, the CDB emphasized Best’s extensive expertise and visionary leadership. “This decision underscores the bank’s commitment to driving sustainable development across the Caribbean,” the release stated. “Best’s distinguished career, which spans over 20 years in development finance, policy planning, and infrastructure investment, positions him to lead the bank into a transformative era.”

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A New Chapter for the CDB

Best will take the reins during a crucial period, with the institution striving to address pressing challenges and harness emerging opportunities. As president, he will direct the bank’s efforts to reduce poverty, combat inequality, and promote inclusive, sustainable growth across member nations.

Under his stewardship, the CDB aims to strengthen its legacy while adapting to the rapidly shifting global landscape. This includes building on its strategic partnerships and innovating in areas such as climate resilience, infrastructure development, and economic diversification.

A Distinguished Career in Regional Development

A Barbadian national with nearly three decades of experience, Daniel Best has made significant contributions to infrastructure development and sustainable growth in the Caribbean. Over his 15 years with the CDB, he held senior roles, including director of the projects department, where he oversaw investment lending, grant portfolios, and regional partnerships.

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Currently serving as senior infrastructure and development advisor to the Prime Minister of Barbados, Best has played a critical role in shaping national and regional strategies for development. His academic achievements include a Master of Business Administration from the University of Durham, England, and advanced degrees in civil engineering and construction management from the University of the West Indies, St. Augustine, Trinidad.

A Vision for the Future

The CDB’s announcement reflects growing optimism about the institution’s future under Best’s leadership. As the first Barbadian to hold this prestigious position, his appointment is a source of pride for his home country and a sign of the region’s commitment to leveraging local talent for global impact.

Best’s presidency is expected to usher in a renewed focus on collaboration, innovation, and sustainable progress, reinforcing the CDB’s mission to empower Caribbean nations and uplift communities.

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