Board of Directors

As stipulated in the bank´s “Articles of Agreement Establishing the Pacific Islands Development Bank”, the two governors representing each member shall appoint, subject to the approval of a majority of the Board of Governors, one person to serve as a Director and one person to serve as an Alternate Director. The Board of Directors meet for business as often as the work of the Bank may require. It monitors the performance of the bank quarterly and submits an annual report of operations to the Board of Governors. Following are the current members of the Board of Directors

PALAU	CNMI	GUAM	POHNPEI
Secilil Eldebechel Delegate, HOD Palau National Congress	Diego Benavente Congressman CNMI Legislature	Lourdes Leon Guerrero Government of Guam	Thomas Pablo Director of Finance & Administration Pohnpei State Finance
KOSRAE	CHUUK	YAP	ADMINISTRATION
Mr. Ilai Abraham FSM State of Kosrae	Vacant	Mr. John Masiwemai FSM State of Yap	Aren Palik President/CEO Board Chairman

PIDB Scholarship Application

ANNOUNCEMENT

In its effort to contribute to the education and development of human resources, Pacific Islands Development Bank (PIDB) is again offering scholarships for the upcoming school year 2011-2012. An applicant must be a citizen of any of the following PIDB member jurisdictions...

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PIDB Board Reviews 2010 Results, Elects New Officers

Colonia, Yap - The Board of Governors of the Pacific Islands Development Bank (PIDB) held its annual meeting in Yap on February 28, 2011. Board Chairman and Governor of Yap State, Sebastian Anefal, called the meeting to order, welcomed everyone to Yap with special recognition to new Board members including...

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