Bank Structure

As of November 2000 the Bank had a total workforce of 252 staff, comprising of 101 female and 151 male officers.

In October 1997 an organisation review was carried out which resulted in the adoption of a new organisation structure. The Board approved the structure in November 1997. The structure was implemented in 1998.

The structure was designed to suit this modern business environment in particular, these key concepts:
• Customer oriented
• Based on functions
• Allows for cohesive departments
• No overlapping functions
• Facilitates clear flow of communication
• Facilitates accountability
• Cost effective
• Decentralised where appropriate
• Reduced number of reporting levels

There are ten (10) Departments in the Bank. A department manager, who reports directly to the Governors (Governor and two Deputy Governors), heads each of the departments.

Seven functions relate directly to serving the Banks primary roles and three, play key supporting functions to complete the Banks organisational structure.

The seven Departments that perform the primary functions are:
• Economics
• Financial Markets
• Financial Systems
• Exchange Control
• Finance & Administration
• Banking
• Currency

The three key support functions are:
• Internal Audits
• Human Resources
• Information Technology