Board of Governors

The governance of the Pacific Islands Development Bank is vested in the Board of Governors who represent the owners/shareholders of the bank. Each member country appoints two governors, one representing the Executive Branch and one representing the Legislative Branch. The Board of Governors holds an annual meeting in March or April of each year to review the Bank´s operations and make major policy decisions. The PIDB governors are ultimately responsible for overseeing the Bank´s activities and administration, although in practice, they delegate many of those responsibilities to the Board of Directors. Following are the current members of the Board of Governors.

 
  Executive Branch Representative Legislative Branch Representative
CHUUK Wesley Simina
Governor
FSM State of Chuuk
Sinkoro Harper
Speaker, House of Representative
Chuuk State Legislature
CNMI Timothy Villagomez
Lt. Governor
CNMI
Diego Benavente
Congressman
CNMI Legislature
GUAM Felix Camacho
Governor
Island of Guam
Judi Won Pat
Speaker
Guam Legislature
KOSRAE Robert Weilbacher
Governor
FSM State of Kosrae
Ilai Abraham
Senator
Kosrae State Legislature
PALAU Elbuchel Sadang
Minister of Finance
Republic of Palau
Jonathan Isechal
Delegate, House of Delegate
Palau National Congress
POHNPEI Churchill Edward
Lt. Governor
FSM State of Pohnpei
Thomas Pablo
Director
Department of Treasury and Administration
FSM State of Pohnpei
YAP Sebastian Anefal
Governor
FSM State of Yap
Charles Chieng
Speaker
Yap State Legislature

News »

USDA Rural Development Awards $750,000 in Economic Development

Hagatna, Guam – On September 8, 2008, USDA Rural Development State Director Lorraine Shin and Pacific Islands Development Bank President Aren Palik signed the documents for a $750,000 loan under the USDA Rural Development's Intermediary Relending Program (IRP).

 

How To Apply »

Our Checklist of general requirements and sample forms may be downloaded from our website. Our loan process is very simple.

 

Downloads »

Download Loan Packages Forms in PDF Format

 

Links »