New Bank of Jamaica Governor appointed. 2026-08-20 KINGSTON, Jamaica - A former financial stability adviser at the International Monetary Fund (IMF)-administered Caribbean Regional Technical Assistance Centre, (CARTAC), Dr. R. Brian Langrin has been appointed as the new Governor of the Bank of Jamaica (BoJ). New Bank of Jamaica Governor, Dr. R. Brian Langrin (left) with Finance Minister Fayval Williams (center) and outgoing Governor, Richard Byles."It is an honour to serve Jamaica at this pivotal moment. I look forward to working with the BOJ team, the financial sector and our regional and international partners to strengthen monetary and financial stability, deepen resilience and support Jamaica's long-term development," said Langrin, who takes up his appointment on Wednesday. He replaces Richard Byles, whose seven-year tenure ends on August 18. "Dr Brian Langrin is a forward-looking leader whose experience spans Jamaica, the Caribbean and the wider international development community," said Finance and the Public Service Minister, Fayval Williams, in welcoming the new central bank governor. "His deep understanding of monetary policy, financial stability, innovation, regional partnerships and international cooperation will serve Jamaica well as we navigate a rapidly changing global economy," said Williams. Langrin appointment follows a search process led by a committee established in April, which assessed local and international candidates for the position. He brings more than two decades of experience in central banking, financial stability and multilateral development. The new BoJ Governor has held senior positions at the bank in financial stability and economic research and holds a PhD in Economics from Pennsylvania State University and has published extensively on financial stability and monetary policy. Williams has described Langrin as a forward-looking leader with experience in Jamaica, the Caribbean and the international development community and that his expertise in monetary policy, financial stability, innovation and international cooperation will serve Jamaica well as it navigates a rapidly changing global economy. "The Government reaffirms its full commitment to the independence of the Bank of Jamaica and to the continuity of the sound monetary and financial policies that have anchored our economic stability." Langrin said he is committed to preserving the BOJ's credibility and independence, keeping inflation low and stable, and modernising Jamaica's financial system. "I am committed to preserving the Bank's hard-won credibility and independence, to keeping inflation low and stable, and to advancing the modernisation of our financial system for the benefit of every Jamaican." Government has meanwhile praised Byles for his stewardship of the central bank since August 2019, guiding the financial institution' monetary policy through the COVID-19 pandemic, the global inflation surge, Hurricane Beryl in 2024, Hurricane Melissa in 2025, and the 2026 oil shock linked to the Middle East conflict. His tenure also saw the BOJ strengthen its inflation-targeting framework, maintain financial stability and assume full statutory independence under the Bank of Jamaica (Amendment) Act, 2020. Byles also oversaw the launch of JAM-DEX, Jamaica's central bank digital currency. Minister Williams thanked Byles for what she described as "distinguished and consequential service", saying he leaves the BOJ stronger and more independent. "He guided the nation's monetary policy with a steady hand through extraordinary times and leaves the bank stronger and more independent than he found it. He leaves a legacy of stability on which Dr Langrin will build," Williams said.

IAS Rahul Jain appointed Senior Adviser to Executive Director (India) at IMF. Summarize with: New Delhi, August 6 (APAC Media): IAS officer Rahul Jain has been appointed as Senior Adviser to the Executive Director (India) at the International Monetary Fund (IMF) in Washington, D.C. He will serve in the new role on a three-year deputation under the Department of Economic Affairs. Jain is a 2005 batch IAS officer of the Madhya Pradesh cadre. Prior to this appointment, Rahul Jain was serving as Joint Secretary in the Ministry of Corporate Affairs, where he was associated with key policy and administrative responsibilities. The appointment places him in a strategic international role representing India at the IMF, where he will support the Executive Director (India) on matters related to the institution's operations, policy discussions and engagement with member countries. Rahul Jain will be based at the IMF headquarters in Washington, D.C., USA, for the duration of his three-year assignment. Summarize with:

Diego Mesa Puyo selected as next GEF CEO and Chairperson. Aug 05, 2026, 12:59 ET WASHINGTON, Aug. 5, 2026 /PRNewswire/ - The Global Environment Facility (GEF) Council today announced the selection of Diego Mesa Puyo as the family of funds' next CEO and Chairperson. Mesa Puyo, an international leader in energy policy, economic development, and sustainability, and former Minister of Energy and Mines from Colombia, will serve an initial term of four years, aligned with the GEF-9 funding period and the last sprint towards critical 2030 environmental goals. Before his selection as the GEF's next CEO and Chairperson, Mesa Puyo served as Deputy Chief of the Climate Policy Division of the International Monetary Fund. As Colombia's Minister of Energy and Mines in the 2018-2022 administration, he led one of Latin America's most ambitious energy transition agendas, launching market reforms that mobilized more than $3 billion in private investment and accelerated the deployment of variable renewable energy from near-zero levels to one of the fastest-growing clean energy markets in the region. He also played a central role in advancing energy transition and climate action legislation, embedding sustainability objectives in economic and development policy. "I am deeply honored to serve as the next CEO and Chairperson of the Global Environment Facility at this pivotal moment for the international community," Mesa Puyo said. "Countries need trusted partners that can help turn ambition into action. Building on the GEF's remarkable legacy, I look forward to working with the Secretariat, member countries, and partners around the world to achieve environmental and development goals together by integrating solutions, catalyzing investment, and delivering measurable results for people and planet." The GEF is the world's largest public funder for the environment and serves international conventions on biodiversity, climate change, and pollution. Donor countries have pledged an initial $3.9 billion for an ambitious ninth replenishment of the GEF Trust Fund, reflecting a strong commitment to protect and restore nature through multilateral cooperation. The Global Environment Facility is the world's family of funds for the environment. As the financial mechanism for six multilateral conventions, it supports countries' efforts to tackle the root causes of environmental degradation - advancing global goals for nature, climate, and pollution. Over the past three decades, the GEF has been the largest public funder for the environment and provided more than $27 billion in financing, primarily as grants, and mobilized another $155 billion for country-driven priority projects.