The Board of Directors of the General Employees Co-operative Credit Union Limited (GECCU Ltd) is delighted to announce the appointment of Mr. Rohan J. Stowe as the organization’s new Chief Executive Officer effective 1st October, 2020. Mr. Stowe brings a wealth of knowledge and practical experiences to the position especially the financial services industry including Credit Unions in the Eastern Caribbean Currency Union, CARICOM and internationally.
Mr. Stowe is a Vincentian by birth and is an economist with over twenty (20) years of experience. He has practiced in this field doing research work and providing policy advice on macroeconomic and financial matters in the Eastern Caribbean Currency Union.
Prior to joining GECCU Ltd, Mr Stowe worked at the Eastern Caribbean Central Bank (ECCB) for over 15 years. He rose through the ranks as an economist in the Research Department to hold management positions such as; Advisor in the Governor’s immediate office and Deputy Director in the Research Department. Prior to this, he worked as an economist in the Ministry of Finance and Economic Planning (Central Planning Division) of St Vincent and Grenadines. Mr. Stowe possesses sound analytical skills coupled with strategic thinking and creative vision. These qualities are vital in strengthening the strategic position of the Credit Union in an increasingly complex and competitive financial services sector.
He is a graduate of the St Vincent Grammar School and holds a Bachelor of Science degree (with hons) in Economics and Management from the University of the West Indies Cave Hill, Barbados and a Master of Science degree in Economics with specialisation in International Monetary Economics, from the University of Manchester, England.
The Board of Directors is thrilled and confident that after undergoing a comprehensive interview process, Mr. Stowe’s academic and professional background in research, policy analysis and financial services industry, along with his sound character and outstanding communications skills propelled him to the top position as GECCU’s next Chief Executive Officer.
Mr. Stowe has a strong passion to see the continued growth and success of indigenous institutions such as GECCU. He views the role of the credit union as vital, not only for transforming the lives of those who access the products and services on offer, but also as a strategic vehicle for addressing national development imperatives and achieving socio-economic goals. We are convinced that he possesses the technical management and leadership skills needed to chart the road map, enabling strategies to drive GECCU into the future as the institution of first choice in the provision of financial services in St. Vincent and the Grenadines. Those skill sets will also be critical for navigating the immediate challenges in the business environment which has be exacerbated by the negative impact of COVID-19 pandemic on global economic activity.
As we continue to build on our successes over the past 56 years, we pride ourselves on ensuring that GECCU continues to provide quality services to meet members’ needs while improving the value proposition and preservation of the Co-operative business model well into the future.
Mr. Stowe succeeded Mr. Lennox Bowman, who has served as CEO for 26 years and who officially retired on 30th September 2020. On behalf of the Board of Directors, Management and Staff, Volunteers and other Stakeholders, both past and present, we would like to thank Mr. Bowman for his sound and steady leadership over those years and wish him all the best in his future endeavours.
We join hand in hand to welcome Mr. Stowe to the GECCU and by extension the Credit Union family in St. Vincent and the Grenadines and to wish him all the success in his new appointment.