Central Bank appoints inspector of banks and trust companies
The Central Bank of The Bahamas is pleased to announce the appointment of Mr. Stanislaw J. Bereza as Inspector of Banks & Trust Companies.
Prior to his appointment, Mr. Bereza served as a Senior Relationship Manager with the UK Financial Services Authority (FSA)/Bank of England, where his employment spanned a period of 13 years and eight months. Most recently, he was responsible for the supervision of the London based operations of a number of major international investment and commercial banks. He also represented the FSA on the Senior Supervisors Group convened to evaluate the effectiveness of current risk management practices during the recent financial market turbulence.
During his tenure with the FSA Mr. Bereza held a number of other positions including: project manager for the FSA team responsible for the development of the FSA’s industry-wide risk assessment framework for all UK authorized firms; Senior Manager and Head of the FSA’s Traded Markets Department and Senior Manager, Emerging Markets Department of the Bank Supervision Division of the FSA during which time he participated in World Bank/IMF missions focused on bank restructuring and the development of banking supervision for the Ukraine, Latvia, Estonia and Indonesia.
Mr. Bereza’s international work experience also includes a two-year posting as a Financial Specialist in the Financial Sector Development Division of the World Bank, Washington, DC, where he worked on a number of bank restructuring and institutional development projects in emerging markets.
During the period 1990 to 1992, Mr. Bereza was seconded to the Ministry of Finance of Poland/National Bank of Poland as the UK Government “Know How Fund” Advisor to assist the Polish authorities in the restructuring of state owned banks and the development of the banking supervision regime. He has also held several key positions at Barclay’s Bank PLC, including Senior Manager in the Capital Efficiency Team and UK Head of Balance Sheet Management where his main responsibilities included the development of risk management policies and procedures and responses to regulatory requirements and corporate planning.
Mr. Bereza holds both a Bachelor and Master of Science in economics from the London School of Economics and Queen Mary College, University of London, respectively.
A British citizen, Mr. Bereza is married and has two young adult children. He will be joined in The Bahamas by his wife, Ursula. Mr. Bereza officially assumed office on Monday, 28th July 2008.