St. Kitts and Nevis appoints Board of Governors to lead new CBI Unit

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The Government of St. Kitts and Nevis announced the appointment of a chairperson and five members to the Board of Governors for the newly established Citizenship by Investment Unit, following the enactment of the Citizenship by Investment Unit Act of 2024, a media release said.

The appointments were made after meticulous evaluation, underscoring the Federation’s dedication to integrity in managing the Citizenship by Investment Programme (CBI), according to the release.

Citizenship by Investment Unit Act, 2024

The establishment of a statutory body marks a new chapter in St. Kitts and Nevis' 40-year CBI journey, bringing new changes to the evolving Unit that are also welcomed by international partners and discerning investors alike, the media release continued.

Enacted on June 14, 2024, the “Citizenship by Investment Unit Act” establishes the St. Kitts and Nevis Citizenship by Investment Unit as a ‘body corporate’ overseen by a Board of Governors.

The Act marks a significant milestone in the 40-year evolution of the CBI Programme, reinforcing the commitment to the highest standards of professionalism in the Unit's management, enhancing international cooperation, and ensuring rigorous due diligence.

Calvin St. Juste appointed as Chairperson

Calvin St. Juste has been appointed as the Chairperson of the Board of Governors, bringing his distinguished international career to this pivotal leadership role.

With extensive experience as a seasoned Wall Street executive, his expertise spans finance, cybersecurity, and client management, positioning him to effectively guide the board's strategic direction, according to the media release

Juste’s career also includes serving as the former Global Chief Operating Officer (COO) and Head of Global Strategy at Morgan Stanley Wealth Management's Financial Wellness division and as COO for Global Fraud and Cybersecurity.

An adept manager of teams catering to high-net-worth international clients, St. Juste has been recognized with Stevie® Awards for outstanding customer service and efficiency. His tenure at the Eastern Caribbean Central Bank (ECCB) has also endowed him with a profound understanding of the region's financial landscape.

“For more than 40 years, St. Kitts and Nevis has been at the vanguard of the Citizenship by Investment industry, cementing its reputation as one of the leading service providers worldwide,” said Calvin St. Juste upon his appointment.

“We're building a world-class corporation, underpinned by transparency, good governance, sustainable growth and global leadership, primed to attract the very best investment as a catalyst for the ongoing growth and development of the nation,” he further added.

The Government has also selected five highly qualified Boards of Governors for the newly established Citizenship by Investment Unit.

The Board of Governors comprise professionals with notable achievements in finance, business, and governance, who will bring their diverse expertise to optimize the Unit's functions.

Meeting monthly, the Board will ensure comprehensive oversight of the Unit's operations and management, leveraging their unique skills to enhance efficiency and effectiveness.

Members of the Board of Governors include Dr Louisa Lawrence, Damille James, Kishma Maclean, Carlton Pogson and Marsha Harris.

Dr Louisa Lawrence: A seasoned economist, Dr Larence has significantly contributed to the St. Kitts and Nevis’ economic and financial landscape.

Damille James: With over two decades of experience in risk management, regulation, and anti-money laundering (AML), James has served at the Eastern Caribbean Central Bank (ECCB).

Kishma Maclean: With her dual expertise in marketing and finance, Maclean also specializes in AML, counter-financing of terrorism (CFT), and proliferation financing.

Carlton Pogson: He enhances the team with skills in project management, organizational development, and strategic planning.

Marsha Harris: With two decades of experience in the Finance Division at the St. Kitts Nevis Anguilla National Bank, Harris adds substantial financial acumen to the Board.

Chairman Calvin St. Juste said that he is honoured to be working with a diverse and talented team.

“It is an honour to lead such a talented, diverse and experienced team of individuals, all of whom are committed to serving with excellence and to demonstrating why St. Kitts and Nevis remains at the forefront of delivering premium Citizenship by Investment services to clients worldwide,” said Juste.

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