The Minister of Finance, Davendranath Tancoo, presented instruments of appointment to new members of the Board of Directors of Caribbean Airlines Limited on Tuesday.
The Government has approved the appointments for a two-year term. The appointments took effect from the date of the Resolution of the Shareholders, in accordance with the Companies Act and the By-laws of the Company.
Reyna Kowlessar has been appointed Chairman of the Board. Videsh Praim has been named Vice Chairman. Other members appointed to the Board are Sharlene Maharaj, Selwyn Cudjoe, Amit Krishan Mahabir, and D. Adam J. Moss.
Minister Tancoo extended congratulations to the new appointees and conveyed appreciation for their willingness to serve.
He noted the Government’s confidence in the Board’s ability to guide Caribbean Airlines through its responsibilities to the citizens of Trinidad and Tobago.
The new Board will oversee the operations of Caribbean Airlines Limited during a period where the airline continues to address challenges in the regional and international aviation sectors.
The appointments are part of the Government’s efforts to ensure sound governance and effective management of state enterprises.
Caribbean Airlines Limited is a state-owned enterprise and the designated national airline of Trinidad and Tobago.
The Ministry of Finance has not indicated any changes in the airline’s executive leadership at this time.
The newly appointed Board members are expected to assume their roles immediately.