It is with regret that the Board of Directors of the Virgin Islands Recovery and Development Agency (RDA) has accepted the resignation of CEO, Paul Bayly. Since his appointment in 2018, Mr. Bayly has been critical to both the establishment of the RDA and the excellent work undertaken by the Agency to date.
The RDA structure was designed to meet the needs and ambitions of the original $600m Recovery to Development Plan, with a team of technical experts equipped with the skills to deliver an ambitious recovery that would be stronger, smarter, more resilient and sustainable. Mr Bayly, with his infrastructure experience, including large scale disaster recovery, was critical to the successful establishment of the RDA.
The revised RDP has a considerably reduced scale of proposed works and projects to be implemented by the RDA than was anticipated when the Agency was established. Mr Bayly proposed, and the Board has accepted that there is no longer the same requirement for Mr. Bayly’s skills. He leaves the RDA well positioned to deliver the revised RDP for the Government and people of the BVI.
The Board wishes to thank Mr. Bayly for his support to the Board and leadership of the Agency and wish him every success in his future endeavours.
The resignation of Mr. Bayly will take effect following a meeting of the Board of Directors on 19th March, 2020. The Board will then move swiftly to appoint an interim CEO, during a transition period, which will allow for the recruitment of a new Chief Executive Officer.