By Caribbean News Global 
BRIDGETOWN, Barbados – The board of governors of the Caribbean Development Bank (CDB) announced Wednesday, the election of Daniel Best, a native of Barbados, as the seventh president of the institution.
“This decision, reached today, underscores the bank’s commitment to visionary leadership and sustainable development across the Caribbean region,” CDB said in a press release. “Best brings a wealth of experience and a deep understanding of the region’s development challenges and opportunities. With a distinguished career spanning over 20 years in development finance, policy planning, and infrastructure investment, he is well-positioned to lead the CDB into its next chapter of impactful regional transformation.”
In May of 2024, Saint Lucia’s PM blamed ‘conspiracy’ for the removal of former CDB president. In July of 2024, CDB invited nominations for the position of president of the bank.
A statement from CDB published November 21, 2024, said: “The board of governors of the Caribbean Development Bank convened on November 20, 2024, to commence the voting process for the election of the bank’s next president. This process is ongoing and is expected to conclude by December 6, 2024.
CDB’s announcement today, advised that, as president, Best will oversee the bank’s strategic direction, focusing on its core mandate to reduce poverty and inequality while fostering inclusive and sustainable growth. Under his leadership, the bank aims to build on its legacy while addressing emerging challenges and opportunities in a rapidly changing global landscape.
Daniel Best – Biography
Daniel Best, a Barbadian national, has nearly three decades of experience in infrastructure development, development finance, project management, and strategic leadership. His career spans both the public and private sectors across the Caribbean, with significant contributions to advancing sustainable development in the region.
Best has worked with the Caribbean Development Bank (CDB) for over 15 years holding progressively senior positions, including director of the projects department. In this role, he managed the bank’s investment lending and grant portfolios and played a key role in fostering strategic partnerships with global and regional institutions. He currently serves as senior infrastructure and development advisor to the prime minister of Barbados, on secondment from CDB.
Best holds a Master of Business Administration from the University of Durham in England, as well as a Master’s degree in Construction Engineering and Management and a Bachelor’s degree in Civil Engineering from the University of the West Indies, St Augustine, Trinidad. He is also an accredited Project Management Professional.
