CASTRIES, St. Lucia – Veteran St. Lucian banker Carol Mangal has become the first female to lead the Eastern Caribbean Currency Union (ECCU) Bankers Association.
Carol MangalThe career banker with over 33 years’ experience in the industry, was elected as the association’s seventh president.
“Mangal takes on the mantle as President of the ECCU Bankers Association at unarguably the most challenging time since its formation with the COVID-19 pandemic still wreaking havoc across our economies and impacting lives,” a press release stated.
“The ECCU Bankers Association is now in unchartered waters as it focuses on how best it can assist the citizenry in the ECCU through the granting of moratoriums and restructuring of debts which are critical to the maintenance of income stability and the recovery of the economies of our member states.”
Mangal is the current President of the St. Lucia Bankers Association which congratulated her on her recent appointment.
Under her leadership, that association “has found renewed purpose and direction and may be considered a model for other bankers associations in the region; there is an increased level of engagement with members and other stakeholders, such as the government and other interest groups as the association works collaboratively to solve some of the island and region’s current burning issues”.
The ECCU Bankers Association was established in 2004 to promote, foster and advocate for the common interest of banking institutions and the banking industry generally in the countries of the ECCU.
The association is made up of bankers associations in Anguilla, Antigua and Barbuda, Dominica, Montserrat, Grenada, St. Kitts and Nevis, St. Lucia and St. Vincent and The Grenadines.
