WILLEMSTAD - The Supervisory Board (RvC) of the Central Bank of Curaçao and Sint Maarten (CBCS) will function without a chairman for the time being. The President of the Court of Justice, Eunice Saleh, has temporarily appointed five Commissioners.
With the still incumbent member, the Supervisory Board will then consist of six Supervisory Board members and is therefore sufficiently staffed, Saleh ruled in the decision of 23 August. The temporary appointments concern persons nominated by Curaçao and Sint Maarten to succeed the supervisory directors whose term has expired since August 19. The temporary appointment is necessary pending the results of the screening tests.
Despite the request of the Supervisory Board to also temporarily appoint outgoing chairman Etienne Ys, Saleh did not do so. According to the Central Bank statute, the President of the Supervisory Board must be nominated by the Ministers of Finance of Curaçao and Sint Maarten, based on the recommendation of a five-sixth majority of the Supervisory Board. Saleh understands from a letter dated August 17 from the Curaçao Minister of Finance Javier Silvania that both ministers are "jointly looking for a candidate".
The fact that the Supervisory Board now consists of six members after the temporary appointments is not ideal, Judge Saleh realizes, because of 'the risk of a tie vote'. But a Supervisory Board with six members is desirable so that a recommendation with a five-sixths majority of a chairman remains possible. “It is important to start the process of recommendation, nomination and appointment of the chairman as soon as possible, so that the Supervisory Board can function at full strength again.”