FSA chief takes on role with charity for funding small countries
Bettina Roth has been appointed to the board of the Small Countries Financial Management Center (SCFMC).
Ms Roth, chief executive of the Isle of Man Financial Services Authority, joins the organization ahead of the launch of its 2022 executive education programme.
His appointment was welcomed by Mark Shimmin MBE, Executive Director of SCFMC, an Isle of Man-based charity that helps improve financial governance and alleviate poverty in small developing countries.
Mr Shimmin said: “We are delighted that Bettina has accepted our invitation to join the board.
“She has held senior positions in the regulatory and private sector sectors, and will bring great insight and expertise to this position.
“As head of the Financial Services Authority, Bettina plays an important role in maintaining the island’s reputation as a well-regulated financial centre.
“Her international experience will benefit both the Board and our delegates, and we look forward to working with her to further develop our offering.”
The Small Country Financial Management Program returns this year as an in-person event after an absence caused by the Covid-19 pandemic.
A total of 24 officials from Ministries of Finance, Central Banks and regulators are expected to participate in this much-appreciated initiative from as far away as the Caribbean, Pacific, Indian Ocean and Africa.
Organized by the SCFMC, the 2022 program takes place over two weeks, with six days of intensive teaching at Harris Manchester College, University of Oxford (June 26 – July 1) followed by seven days on the Isle of Man (July 2 – 8) .
The program provides a concrete way in which the island can use its financial expertise to benefit other small nations and give participants a more powerful voice within the international community.
The focus is on financial integrity, with practitioners and professors covering issues such as risk assessment, debt sustainability, transformational change, negotiation skills, leadership and improving regulations.
Bettina Roth, who has previously worked for the Cayman Islands Monetary Authority, Global Market Abu Dhabi and the Office of the Superintendent of Financial Institutions in Canada, said: “I look forward to contributing to the Centre’s efforts to support the growth and prosperity of small developing countries around the world.
“It’s a fantastic initiative that creates such a positive legacy. Its ethos aligns with the Authority’s values of working collaboratively to raise standards and bring a fresh perspective to common challenges.