Dave Smith named as Bahamas Development Bank MD

Dave Smith has been named as the Bahamas Development Bank's managing director as the institution celebrates its 40th year anniversary.

He has previously served as deputy chairman of the National Insurance Board; a director of Aliv and chairman of its majority shareholder, HoldingCo2015; a director of the Public Hospital Authority; and as executive vice-president, treasurer and lecturer at the Bahamas Institute of Financial Services.

Smith has also held senior managerial positions with institutions such as Credit Suisse, Royal Bank of Canada, MeesPierson, Lloyds TSB, Royal Bank of Scotland and UBS (Bahamas).